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For sale
  • Price increase: $1.3M (11/28)
    $1,295,000

    206 Ashe Ave, Raleigh, NC 27605

    6beds
    2,610sqft
    : 
    Single Family Residence, Multi Family
    Built in 1901
    -- sqft lot
    $1,223,000 Zestimate®
    $496/sqft
    $-- HOA

    What's special

    Beautiful original hardwood floors
    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.
    35 days
    |
    1,070
    |
    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#: 10135162MLS Logo

    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
    DateEventPrice
    11/28/2025Price change$1,295,000+317.7%$496/sqft
    Source: Doorify MLS #10135162 Report a problem
    9/1/2012Listing removed$2,500$1/sqft
    Source: Masters RealEstate Service, Inc #1848483 Report a problem
    8/17/2012Price change$2,500-9.1%$1/sqft
    Source: Masters RealEstate Service, Inc #1848483 Report a problem
    7/28/2012Price change$2,750-16.7%$1/sqft
    Source: Masters Real Estate Service, Inc. Report a problem
    5/14/2012Listed for rent$3,300$1/sqft
    Source: Masters Real Estate Service, Inc. Report a problem

    Public tax history

    Public tax history
    YearProperty taxesTax 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
      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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