Recently Viewed Properties
See This Home
Save This Listing
Close

$261,000

  • Sold
  • Closed
  • Condo
  • 4 Beds
  • 4 Full Baths
  • 1,165 Sq. Ft.
  • Updated 8 days ago
See This Home
Save This Home
See This Home
Save This Home
NCSU PARENTS & STUDENTS & INVESTORS! 
Excellent income-producing property at University Commons - Lake Park! This spacious 4-bedroom, 4-bath condo features four private en suite units, each with its own full bath and walk-in closet - ideal for generating strong, steady rental income. Shared spaces include a comfortable living room, fully equipped kitchen, washer/dryer, and private balcony with outdoor storage. Currently, one bedroom is leased at $800 per month through December 29, 2025, with electricity, water/sewer, and internet included (paid by landlord). The remaining three bedrooms are vacant and ready to rent, offering excellent upside potential. When fully occupied, the property's income potential $3,200/month. Located within walking distance to Lake Johnson, walking trails, and NC State University, with easy access to the WolfLine bus route, downtown Raleigh, and I-40. Community amenities include a pool, volleyball court, and basketball court. Please note: property is tenant-occupied, please note a 24-hour notice required for showings. An outstanding opportunity to own a turnkey, income-producing property or a perfect setup for NCSU students seeking private suites with shared living comfort.

Full Property Details for 1241 University Ct #204

General

  • Sold For: $261,000
  • HOA FEE: $202/month
  • Taxes: $2,336
  • Status: Closed
  • Type: Condo
  • Source: 2218
  • MLS ID: 10129562
  • Added to Site: 85 day(s) ago

Rental Information

  • Lease/Rent Term: Other

Interior

  • Number of Rooms: 11
  • Interior Features: Walk-In Closet(s)
  • Appliances: Dishwasher, Dryer, Electric Range, Microwave, Refrigerator, Stainless Steel Appliance(s), Washer
  • Flooring: Vinyl

Rooms

Bathrooms

  • Total Bathrooms: 4
  • Full Bathrooms: 4

Bedrooms

  • Total Bedrooms: 4

Other Rooms

  • Laundry: Laundry Closet

Additional Information

  • Shared Amenities: Basketball Court, Pool
  • Pool: Yes
  • Pool Description: Community

Exterior

  • Porch/Patio/Deck: Deck

Parking

  • Parking Features: Open

Location

  • County: Wake
  • Subdivision: University Commons Lake Pk
  • Driving Directions: Avent Ferry Road to Lake Dam Road. Left on Crab Orchard Drive, then left on University Court. Unit is on the second floor.
  • 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: Maintenance Grounds

Heating & Cooling

  • Air Conditioning: Yes
  • Cooling Type: Ceiling Fan(s), Central Air
  • Heating Type: Forced Air

Utilities

  • Sewer: Public Sewer
  • Water: Public

Structural Information

  • Architectural Style: Traditional
  • Structure Type: Site Built
  • Exterior Const.: Vinyl Siding
  • Roof: Shingle
  • Building Size: 1165
  • Square Feet: 1,165
  • Finished Above Grnd: 1,165 Sq. Ft.
  • Year Built: 1997

Financial Considerations

  • Association Fee: $202
  • Assoc Fee Freq.: Monthly
  • Tax Amount: $2,336.9

Disclosures and Reports

  • Special Conditions: Trust
  • Property ID: 783823950

Listed by Raleigh Realty Inc., Cheryl Perry (805) 540-4654
Sold by Non Member Office, Non Member

Listing agent

— 1241 University Ct #204 —

  • Cheryl Perry

    Raleigh Realty Inc.

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 1241 University Ct #204

School District:Wake County Schools
NameGradesDistance
Combs Elementary
2001 Lorimer Road, Raleigh, NC 27606
PK-50.8 mi
Centennial Campus Middle
1900 Main Campus Drive, Raleigh, NC 27606
6-83.5 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 1241 University Ct #204

Date
Details
Price
Change
Source
12/23/2025
Sold
$261,000
-2.97%
MLS
12/04/2025
Price Reduced
$269,000
-6.27%
MLS
11/24/2025
Price Reduced
$287,000
-3.37%
MLS
10/24/2025
Listed
$297,000
—
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 Raleigh Realty Inc., Cheryl Perry (805) 540-4654
Sold by Non Member Office, Non Member

Similar Properties near 1241 University Ct #204

This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.

2031 Wolfmill Dr, Raleigh, NC 27603 - Photo 1
$265,000

2031 Wolfmill Dr  #204  Raleigh, NC 27603

  • Condo
  • Active
  • 3
    Beds
  • 3
    Total Baths
Listed by Lazy Home Realty, Kai Dai and Lazy Home Realty, Tao Yu
3040 Barrymore St, Raleigh, NC 27603 - Photo 1 Price Reduced
-$5,500 (-2%)
$269,500

3040 Barrymore St  #108  Raleigh, NC 27603

  • Condo
  • Active
  • Updated 5 days ago
  • 3
    Beds
  • 3
    Total Baths
Listed by Happyeast Realty Llc, Xiaodong Shi
8620 Neuse Club Ln, Raleigh, NC 27616 - Photo 1
$265,000

8620 Neuse Club Ln  #107  Raleigh, NC 27616

  • Condo
  • Active
  • 3
    Beds
  • 3
    Total Baths
Listed by Mark Spain Real Estate, Colin Montgomere Williams
2221 Valley Edge Dr, Raleigh, NC 27614 - Photo 1
$269,900

2221 Valley Edge Dr  #105  Raleigh, NC 27614

  • Condo
  • Active
  • 3
    Beds
  • 3
    Total Baths
Listed by Coldwell Banker HPW, Kathy Beacham

Just Listed near 1241 University Ct #204

This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.

1208 Turner Farms Rd, Garner, NC 27529 - Photo 1 Just Listed
$375,000
Open House

1208 Turner Farms Rd  Garner, NC 27529

  • Single Family
  • Active
  • Updated 1 day ago
  • 3
    Beds
  • 3
    Total Baths
Listed by EXP Realty LLC, Tina Caul and EXP Realty LLC, Emily Brown
117 Vlg Grn Trl, Garner, NC 27529 - Photo 1 Just Listed
$250,000

117 Vlg Grn Trl  Garner, NC 27529

  • Townhouse
  • Active
  • Updated 3 days ago
  • 2
    Beds
  • 3
    Total Baths
Listed by Mark Spain Real Estate, Sarai Peotdi
5017 Gln Crk Trl, Garner, NC 27529 - Photo 1 Just Listed
$760,000
Open House

5017 Gln Crk Trl  Garner, NC 27529

  • Single Family
  • Active
  • Updated 18 hours ago
  • 4
    Beds
  • 5
    Total Baths
Listed by Navigate Realty, Malin Larsson
901 Powell Dr, Garner, NC 27529 - Photo 1 Just Listed
$270,000

901 Powell Dr  Garner, NC 27529

  • Single Family
  • Active
  • Updated 2 days ago
  • 3
    Beds
  • 2
    Total Baths
Listed by Aimee Anderson & Associates, Delia Duke

Price Reduced near 1241 University Ct #204

This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.

108 W Garner Rd, Garner, NC 27529 - Photo 1 Price Reduced
-$5,000 (-1.11%)
$445,000

108 W Garner Rd  Garner, NC 27529

  • Duplex
  • Active
  • Updated 4 days ago
  • 5
    Beds
  • 2
    Total Baths
Listed by EXP Realty LLC, Hunter Cutright and EXP Realty LLC, Samantha Diaz
168 Siebold St, Garner, NC 27529 - Photo 1 Price Reduced
-$19,000 (-4.8%)
$377,009

168 Siebold St  Garner, NC 27529

  • Townhouse
  • Active
  • Updated 2 days ago
  • 3
    Beds
  • 3
    Total Baths
Listed by Mattamy Homes LLC, Jamie Matala and Mattamy Homes LLC, Esai Williams
135 Siebold St, Garner, NC 27529 - Photo 1 Price Reduced
-$10,000 (-2.86%)
$339,151
Open House

135 Siebold St  Garner, NC 27529

  • Townhouse
  • Active
  • Updated 1 day ago
  • 3
    Beds
  • 3
    Total Baths
Listed by Mattamy Homes LLC, Jamie Matala and Mattamy Homes LLC, Esai Williams
1004 Brasnoor Ln, Garner, NC 27529 - Photo 1 Price Reduced
-$4,000 (-1.1%)
$360,000

1004 Brasnoor Ln  Garner, NC 27529

  • Single Family
  • Active
  • Updated 1 day ago
  • 3
    Beds
  • 2
    Total Baths
Listed by Mark Spain Real Estate, Kenny Norris Jr

Recent Sales near 1241 University Ct #204

This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.

1221 University Ct, Raleigh, NC 27606 - Photo 1 Sold
$282,500

1221 University Ct  #203  Raleigh, NC 27606

  • Multi-Family
  • Closed
  • 4
    Units
  • 4
    Total Beds
Listed by Berkshire Hathaway HomeService, George Patrick III
Sold by EXP Realty LLC, Sharon Evans
1230 University Ct, Raleigh, NC 27606 - Photo 1 Sold
$285,000

1230 University Ct  #102  Raleigh, NC 27606

  • Multi-Family
  • Closed
  • 4
    Units
  • 4
    Total Beds
Listed by Coast 2 Coast Real Estate Conn, Courtney Elstad
Sold by NorthGroup Real Estate, Inc., Nazy Vazeen
1230 University Ct, Raleigh, NC 27606 - Photo 1 Sold
$262,000

1230 University Ct  #203  Raleigh, NC 27606

  • Condo
  • Closed
  • 4
    Beds
  • 4
    Total Baths
Listed by CHK Realty, Tony Yao and CHK Realty, Amy Wei
Sold by My Dog Tess, Inc., Glen Hunsucker
1430 Collegiate Cir, Raleigh, NC 27606 - Photo 1 Sold
$272,000

1430 Collegiate Cir  #102  Raleigh, NC 27606

  • Condo
  • Closed
  • 4
    Beds
  • 4
    Total Baths
Listed by Berkshire Hathaway HomeService, Naama Shaked
Sold by Christina Valkanoff Realty Group, Christina Valkanoff

1241 University Court #204, Raleigh, NC 27606 (MLS# 10129562) is a Condo property that was sold at $261,000 on December 23, 2025. Want to learn more about 1241 University Court #204? Do you have questions about finding other Condo real estate for sale in Raleigh? You can browse all Raleigh real estate or contact a Coldwell Banker agent to request more information.