This beautiful NCSU cash-flow student rental is in amazing shape. beautiful original hardwood floors support 6 large bedrooms in comfort and style. Walk to NCSU and all the extras that are near. (Jade Garden the bakery, etc) income is $6500/mo. with leases until next (2027 School year) July at $6750. There is an easement that allows the neighbor to use the shared driveway.
For sale
Price increase: $1.3M (11/28)
$1,295,000
206 Ashe Ave, Raleigh, NC 27605
6beds
2,610sqft
Est.:
Single Family Residence, Multi Family
Built in 1901
-- sqft lot
$1,223,000 Zestimate®
$496/sqft
$-- HOA
What's special
Beautiful original hardwood floors
- 35 days |
- 1,064 |
- 34 |
Zillow last checked: 8 hours ago
Listing updated: November 28, 2025 at 01:24pm
Listed by:
Doro Taylor 919-868-6399,
CityGate Real Estate Services,
Source: Doorify MLS,MLS#: 10135162
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Central
Cooling
- Central Air, Gas
Appliances
- Included: Built-In Electric Range, Built-In Range, Dishwasher, Dryer, Free-Standing Refrigerator, Gas Water Heater, Ice Maker, Induction Cooktop, Oven, Plumbed For Ice Maker, Refrigerator, Washer, Washer/Dryer, Water Heater
- Laundry: Common Area, Lower Level
Features
- Bathtub/Shower Combination, Ceiling Fan(s), Granite Counters, Pantry, Master Downstairs, Smooth Ceilings, Stone Counters, Storage
- Flooring: Tile, Wood
- Basement: Full, Storage Space, Unfinished
- Common walls with other units/homes: No Common Walls, No One Above, No One Below
Interior area
- Total structure area: 2,610
- Total interior livable area: 2,610 sqft
- Finished area above ground: 2,610
- Finished area below ground: 0
Property
Parking
- Total spaces: 8
- Parking features: Deeded, Gravel, Kitchen Level, No Garage, Off Street, On Site, Open, Outside, Oversized, Parking Lot, Parking Pad
- Uncovered spaces: 8
- Details: on street
Features
- Levels: Bi-Level
- Stories: 2
- Patio & porch: Covered, Front Porch, Porch, Rear Porch
- Exterior features: Permeable Paving, Private Entrance, Private Yard, Rain Gutters, Storage
- Has view: Yes
Lot
- Size: 7,405.2 Square Feet
- Features: Back Yard, Cleared, Front Yard, Interior Lot
Details
- Parcel number: 170305191740000 0038433
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Single Family Residence, Multi Family
Materials
- Brick
- Foundation: Brick/Mortar, Permanent, Slab
- Roof: Asphalt, Shingle
Condition
- New construction: No
- Year built: 1901
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Features: Sidewalks, Street Lights
- Subdivision: Not in a Subdivision
HOA
- Has HOA: No
- Amenities included: Parking
Location
- Region: Raleigh
Financial & listing details
- Price per square foot: $496/sqft
- Tax assessed value: $647,664
- Annual tax amount: $5,688
- Date on market: 11/28/2025
- Lease term: 12 Months
- Road surface type: Asphalt
Estimated market value
$1,223,000
$1.16M - $1.28M
$1,968/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 11/28/2025 | Price change | $1,295,000+317.7%$496/sqft |
Source: | ||
| 9/1/2012 | Listing removed | $2,500$1/sqft |
Source: Masters RealEstate Service, Inc #1848483 Report a problem | ||
| 8/17/2012 | Price change | $2,500-9.1%$1/sqft |
Source: Masters RealEstate Service, Inc #1848483 Report a problem | ||
| 7/28/2012 | Price change | $2,750-16.7%$1/sqft |
Source: Masters Real Estate Service, Inc. Report a problem | ||
| 5/14/2012 | Listed for rent | $3,300$1/sqft |
Source: Masters Real Estate Service, Inc. Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $5,688 +0.4% | $647,664 |
| 2024 | $5,665 +30.2% | $647,664 +63.8% |
| 2023 | $4,351 +7.6% | $395,481 |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$7,561/mo
Principal & interest
$6374
Property taxes
$734
Home insurance
$453
Climate risks
Neighborhood: Hillsborough
Nearby schools
GreatSchools rating
- 5/10Wiley ElementaryGrades: PK-5Distance: 0.4 mi
- 6/10Oberlin Middle SchoolGrades: 6-8Distance: 2.3 mi
- 7/10Needham Broughton HighGrades: 9-12Distance: 0.7 mi
Schools provided by the listing agent
- Elementary: Wake County Schools
- Middle: Wake County Schools
- High: Wake County Schools
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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