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$282,500

  • Sold
  • Closed
  • Multi-Family
  • 4 Units
  • 4 Total Beds
See This Home
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See This Home
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Extraordinary cash flow! Functional floorplan with common kitchen & living space w/laminate floors & laundry w/washer & dryer. Unit has 4 Bedrooms, each with own full bath. Currently 2 rooms rented at $725 and $800/month. Recently repaired rooms marketed at $800/month each. Excellent location across the street from Lake Johnson, easy access to NCSU on Wolf Line.

Full Property Details for 1221 University Ct #203

General

  • Sold For: $282,500
  • HOA FEE: $202/month
  • Taxes: $2,336
  • Status: Closed
  • Type: Multi-Family
  • Source: 2218
  • MLS ID: 10110735
  • Added to Site: 195 day(s) ago

Rental Information

  • Lease/Rent Term: Month To Month

Interior

  • Interior Features: Bathtub/Shower Combination, Living/Dining Room Combination
  • Appliances: Dishwasher, Electric Range, Electric Water Heater, Microwave
  • Flooring: Laminate

Rooms

Bathrooms

  • Total Bathrooms: 4
  • Full Bathrooms: 4

Bedrooms

  • Total Bedrooms: 4

Other Rooms

  • Laundry: Laundry Closet

Additional Information

  • Shared Amenities: Pool, Tennis Court(s)
  • Pool: Yes

Parking

  • Parking Features: Parking Lot

Location

  • County: Wake
  • Subdivision: University Commons Lake Pk
  • Driving Directions: GPS
  • City Limits: Yes

School Information

  • Elementary School: Wake - Combs
  • Middle School: Wake - Centennial Campus
  • High School: Wake - Athens Dr

Community

  • Association: Yes
  • Assoc. Fees Include: Insurance, Maintenance Grounds, Pest Control, Trash

Heating & Cooling

  • Air Conditioning: Yes
  • Cooling Type: Central Air
  • Heating Type: Electric, Heat Pump

Utilities

  • Sewer: Public Sewer
  • Water: Public

Structural Information

  • Structure Type: Site Built
  • Exterior Const.: Vinyl Siding
  • Roof: Shingle
  • Building Size: 1219
  • Square Feet: 1,219
  • Finished Above Grnd: 1,219 Sq. Ft.
  • Year Built: 1997

Financial Considerations

  • Association Fee: $202
  • Assoc Fee Freq.: Monthly
  • Tax Amount: $2,336.99

Disclosures and Reports

  • Special Conditions: Standard
  • Property ID: 783823950
  • Lot Number: 1A

Listed by Berkshire Hathaway HomeService, George Patrick III (919) 278-7420
Sold by EXP Realty LLC, Sharon Evans

Listing agent

— 1221 University Ct #203 —

  • George Patrick III

    Berkshire Hathaway HomeService

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NMLS#: 1598647

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Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Schools serving 1221 University Ct #203

School District:Wake County Schools
NameGradesDistance
Combs Elementary
2001 Lorimer Road, Raleigh, NC 27606
PK-50.9 mi
Centennial Campus Middle
1900 Main Campus Drive, Raleigh, NC 27606
6-83.4 mi
Athens Drive High
1420 Athens Drive, Raleigh, NC 27606
9-120.6 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 1221 University Ct #203

Date
Details
Price
Change
Source
8/26/2025
Sold
$282,500
-0.88%
MLS
7/21/2025
Listed
$285,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Listed by Berkshire Hathaway HomeService, George Patrick III (919) 278-7420
Sold by EXP Realty LLC, Sharon Evans

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1221 University Court #203, Raleigh, NC 27606 (MLS# 10110735) is a Multi-Family property that was sold at $282,500 on August 26, 2025. Want to learn more about 1221 University Court #203? Do you have questions about finding other Multi-Family real estate for sale in Raleigh? You can browse all Raleigh real estate or contact a Coldwell Banker agent to request more information.