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$5,000
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Property Description
Prime location just steps from North Carolina State University and Hillsborough Street--perfect for student living. This completely renovated 5-bedroom, 3 full bathroom home is ideal for roommates, offering two separate living areas and a highly functional layout designed for both privacy and shared space. The second floor features two large bedrooms and a full bathroom, while the main level includes two spacious bedrooms and another full bath. The basement is a standout for roommate flexibility, with a private bedroom, full bathroom, and its own living room, plus both interior and exterior access--perfect for someone wanting extra privacy or a semi-independent setup. Lease available beginning August 8, 2026. All leases run through July 31, 2027, with the option to renew for an additional year
Full Property Details
Full Property Details for 109 Ashe Ave
General
- Rent: $5,000
- Status: Active
- Type: Single Family
- Source: 2218
- MLS ID: 10164447
- Updated: 6/1/2026
- Added to Site: 65 day(s) ago
Rental Information
- Lease/Rent Term: 12 Months
Interior
- Number of Rooms: 7
- Interior Features: Granite Counters
- Appliances: Dryer, Free-Standing Electric Range, Microwave, Oven, Refrigerator, Washer
- Flooring: Vinyl
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 3
Bedrooms
- Total Bedrooms: 5
Other Rooms
- Laundry: In Basement, In Unit
Exterior
- Porch/Patio/Deck: Porch
Parking
- Parking Features: Driveway
Location
- County: Wake
- Subdivision: University
- Driving Directions: Hillsborugh Street to Ashe Avenue (Behind the Central Raleigh YMCA)
- City Limits: Yes
School Information
- Elementary School: Wake - Wiley
- Middle School: Wake - Oberlin
- High School: Wake - Broughton
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Central Air
- Heating Type: Natural Gas
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Basement: Yes
- Basement Desc.: Exterior Entry, Finished, Interior Entry
- Stories/Levels: 1
- Building Size: 2300
- Square Feet: 2,300
- Finished Above Grnd: 1,800 Sq. Ft.
- Finished Below Grnd: 500 Sq. Ft.
- Year Built: 1999
Lot Features
- Lot Size (Acres): 0.12
- Lot Size (Sq. Ft.): 5,227.2
- Fence: Yes
- Fencing (Description): None
Financial Considerations
- Lease Price: $5,000
- Application Fee: $75
- Security Deposit: $5,500
Disclosures and Reports
- Property ID: 170305197728000 0055912
Listed by Berkshire Hathaway HomeService, John Merriman (919) 271-0017
Schools
Schools serving 109 Ashe Ave
School District:Wake County Schools
| Name | Grades | Distance |
|---|---|---|
Wiley Elementary 301 Saint Marys Street, Raleigh, NC 27605 | PK-5 | 0.3 mi |
Oberlin Middle School 2816 Oberlin Road, Raleigh, NC 27608 | 6-8 | 2.2 mi |
Needham Broughton High 723 Saint Marys Street, Raleigh, NC 27605 | 9-12 | 0.6 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price History for 109 Ashe Ave
Date
Details
Price
Change
Source
6/01/2026
Price Reduced
$5,000
-9.09%
MLS
5/02/2026
Listed
$5,500
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
109 Ashe Avenue, Raleigh, NC 27605 (MLS# 10164447) is a Single Family property with 5 bedrooms and 3 full bathrooms. 109 Ashe Avenue is currently listed for rent at $5,000 and was received on May 02, 2026. Want to learn more about 109 Ashe Avenue? Do you have questions about finding other real estate for sale or rent in Raleigh? You can browse all Raleigh rentals or contact a Coldwell Banker agent to request more information.

