Attention seasoned investors who understand the hassles and expenses associated with the traditional rental model. This turnkey multifamily investment comes with an innovative, proven rental model that minimizes background/income check hassles as well as the high cost of marketing for tenants, vacancies and evictions while providing a service to the less fortunate! Act now and lock in an immediate and consistent return on your investment. Or cancel the leases and implement your own model. Either way you win! Ask your agent to download and forward the documents in the MLS explaining this successfully proven model and current rent rolls or call the listing broker. Current monthly rent totals $2,000. Security deposits total $3,300 and convey at settlement.
Sold for $260,000
$260,000
1420 Collegiate Cir APT 001, Raleigh, NC 27606
4beds
1,200sqft
Condominium, Residential
Built in 1999
-- sqft lot
$288,400 Zestimate®
$217/sqft
$1,887 Estimated rent
Home value
$288,400
$274,000 - $303,000
$1,887/mo
Zestimate® history
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What's special
Zillow last checked: 8 hours ago
Listing updated: October 28, 2025 at 12:05am
Listed by:
David Wilson 919-844-1152,
Carolina's Choice Real Estate,
Shelley Allen 919-736-6393,
Carolina's Choice Real Estate
Bought with:
Nazy Vazeen, 297175
NorthGroup Real Estate, Inc.
Source: Doorify MLS,MLS#: 10002882
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 4
- Full bathrooms: 4
Heating
- Forced Air
Cooling
- Central Air
Appliances
- Included: Dishwasher, Dryer, Electric Range, Gas Water Heater, Microwave, Refrigerator, Washer
- Laundry: Laundry Closet
Features
- Ceiling Fan(s), Eat-in Kitchen
- Flooring: Carpet, Vinyl
Interior area
- Total structure area: 1,200
- Total interior livable area: 1,200 sqft
- Finished area above ground: 1,200
- Finished area below ground: 0
Property
Parking
- Total spaces: 2
- Parking features: Parking Lot
- Uncovered spaces: 2
Accessibility
- Accessibility features: Common Area
Features
- Levels: One
- Stories: 1
- Pool features: Swimming Pool Com/Fee, Community
- Has view: Yes
Details
- Parcel number: 0783.16826312.013
- Special conditions: Seller Licensed Real Estate Professional
Construction
Type & style
- Home type: Condo
- Architectural style: Traditional
- Property subtype: Condominium, Residential
Materials
- Vinyl Siding
- Roof: Shingle
Condition
- New construction: No
- Year built: 1999
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Community & neighborhood
Community
- Community features: Pool
Location
- Region: Raleigh
- Subdivision: University Commons Lake Pk
HOA & financial
HOA
- Has HOA: Yes
- HOA fee: $184 monthly
- Amenities included: Basketball Court, Maintenance Grounds, Maintenance Structure, Pool
- Services included: Maintenance Grounds, Maintenance Structure
Price history
| Date | Event | Price |
|---|---|---|
| 5/1/2024 | Sold | $260,000-4.6%$217/sqft |
Source:  Doorify MLS #10002882 Report a problem | ||
| 2/12/2024 | Pending sale | $272,500$227/sqft |
Source: Doorify MLS #10002882 Report a problem | ||
| 1/16/2024 | Price change | $272,500-0.9%$227/sqft |
Source: Doorify MLS #10002882 Report a problem | ||
| 12/20/2023 | Listed for sale | $275,000+159.4%$229/sqft |
Source: Doorify MLS #10002882 Report a problem | ||
| 6/9/2015 | Sold | $106,000-7%$88/sqft |
Source: Doorify MLS #1987909 Report a problem | ||
Public tax history
Tax history is unavailable.
Neighborhood: West Raleigh
Nearby schools
GreatSchools rating
- 9/10Combs ElementaryGrades: PK-5Distance: 0.9 mi
- 2/10Centennial Campus MiddleGrades: 6-8Distance: 3.5 mi
- 8/10Athens Drive HighGrades: 9-12Distance: 0.7 mi
Schools provided by the listing agent
- Elementary: Wake - Combs
- Middle: Wake - Centennial Campus
- High: Wake - Athens Dr
Source: Doorify MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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Estimated market value
$288,400