1231 University Court, Raleigh, NC 27606

Raleigh
Local realty services provided by:ERA Parrish Realty Legacy Group
1231 University Court,Raleigh, NC 27606
$262,000
  • 4 Beds
  • 4 Baths
  • 1,219 sq. ft.
  • Multi-family
  • Active
Listed by: jeannie kyle
Office: berkshire hathaway homeservice
MLS#:10182546
Source:RD

Price summary

  • Price:$262,000
  • Price per sq. ft.:$214.93
  • Monthly HOA dues:$202

About this home

INVESTOR ALERT!! Prime investment opportunity - 4 bedroom/ 4 bathroom with large living area, galley kitchen, balcony, laundry closet - the perfect set up for roommates! Each bedroom has a full ensuite bathroom and walk-in closet. No carpet! Wood laminate flooring throughout. Newer appliances. HVAC 2022. Washer and Dryer are included. Walking/biking distance to NC State campus, Lake Johnson, hiking trails/greenway, Village District, Farmers Market, downtown Raleigh. WOLFLINE bus route. The Lake Park amenities include: swimming pool, volleyball, basketball courts, playground. Currently 3 bedrooms are leased at $600 each through July 2027. Fully leased potential is $2400/month. Wilson Property Management is onsite or you can hire your own management co.

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Home facts

  • Year built:1997
  • Subdivision & Development:Lake Park
  • Listing ID #:10182546
  • Added:5 day(s) ago
  • Updated:July 27, 2026 at 03:25 PM

Rooms and interior

  • Bedrooms:4
  • Total bathrooms:4
  • Full bathrooms:4
  • Rooms Total:6
  • Flooring:Laminate, Simulated Wood, Vinyl
  • Dining Description:Living/Dining Room Combination
  • Bathrooms Description:Bathtub/Shower Combination
  • Kitchen Description:Dishwasher, Dryer, Electric Oven, Electric Range, Free-Standing Electric Range, Oven, Range, Range Hood, Refrigerator, Washer, Washer/Dryer, Water Heater
  • Living area:1,219 sq. ft.

Heating and cooling

  • Cooling:Central Air
  • Central air:Yes

Structure and exterior

  • Roof:Shingle
  • Year built:1997
  • Building area:1,219 sq. ft.
  • Architectural Style:Traditional
  • Construction Materials:Vinyl Siding
  • Exterior Features:Balcony, Covered, Lighting, Porch, Private Entrance
  • Foundation Description:Slab
  • Levels:Three Or More

Schools

  • High school:Wake County Schools
  • Middle school:Wake County Schools
  • Elementary school:Wake County Schools

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$262,000
  • Price per sq. ft.:$214.93
  • Tax amount:$2,337

Features and amenities

  • Laundry features:Laundry Closet

Parking

  • Total parking spaces:10
  • Parking description:On Site, Parking Lot
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