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$272,000

  • Sold
  • Closed
  • Condo
  • 4 Beds
  • 4 Full Baths
  • 1,178 Sq. Ft.
See This Home
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Investor alert! Prime Investment Opportunity - 4 Bed/4 Bath Condo Near NCSU! This first-floor 4-bedroom, 4-bathroom condo offers an excellent opportunity for steady rental income. Currently, three bedrooms are leased through July 2025, with the fourth bedroom vacant and ready to be rented. Each bedroom features a private en-suite bath and walk-in closet, making it highly desirable for tenants. Three bedrooms leased at $600/month each (Potential total income of $2,400/month when fully occupied). Utilities included in rent: Water (capped at $50/unit) and electricity (capped at $100/unit). Water heater replaced in December 2021, HVAC installed in 2018. Walking distance to Lake Johnson Close to walking trails and North Carolina State University (NCSU) Convenient access to the NC State WolfLine bus route. Quick access to downtown Raleigh and I-40. Community Amenities include Pool Volleyball and basketball courts.

Full Property Details for 1430 Collegiate Cir #102

General

  • Sold For: $272,000
  • HOA FEE: $202/month
  • Taxes: $2,367
  • Status: Closed
  • Type: Condo
  • Source: 2218
  • MLS ID: 10077089
  • Added to Site: 334 day(s) ago

Rental Information

  • Lease/Rent Term: 12 Months

Interior

  • Number of Rooms: 6
  • Interior Features: Ceiling Fan(s), Walk-In Closet(s)
  • Appliances: Dishwasher, Dryer, Electric Range, Refrigerator, Washer, Water Heater
  • Flooring: Carpet, Vinyl

Rooms

Bathrooms

  • Total Bathrooms: 4
  • Full Bathrooms: 4

Bedrooms

  • Total Bedrooms: 4

Other Rooms

  • Laundry: In Unit

Additional Information

  • Shared Amenities: Pool, Tennis Court(s)
  • Pool: Yes
  • Pool Description: Swimming Pool Com/Fee

Exterior

  • Porch/Patio/Deck: Covered, Patio

Parking

  • Parking Features: Common, Parking Lot

Location

  • County: Wake
  • Subdivision: University Commons Lake Pk
  • Driving Directions: I-40 West to Gorman Street, Right on Gorman, left on Avent Ferry, left on Crab Orchard, left on Collegiate
  • City Limits: Yes

School Information

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

Community

  • Association: Yes
  • Assoc. Fees Include: Maintenance Grounds, Maintenance Structure, Trash, Water

Heating & Cooling

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

Utilities

  • Sewer: Public Sewer
  • Water: Public
  • Utility Description: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected

Structural Information

  • Architectural Style: Traditional
  • Exterior Const.: Vinyl Siding
  • Roof: Shingle
  • Building Size: 1178
  • Square Feet: 1,178
  • Finished Above Grnd: 1,178 Sq. Ft.
  • Year Built: 1999

Financial Considerations

  • Association Fee: $202
  • Assoc Fee Freq.: Monthly
  • Tax Amount: $2,367.66

Disclosures and Reports

  • Special Conditions: Standard
  • Property ID: 102
  • Lot Number: 102

Listed by Berkshire Hathaway HomeService, Naama Shaked (919) 670-6380
Sold by Christina Valkanoff Realty Group, Christina Valkanoff

Listing agent

— 1430 Collegiate Cir #102 —

  • Naama Shaked

    Berkshire Hathaway HomeService

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 1430 Collegiate Cir #102

School District:Wake County Schools
NameGradesDistance
Combs Elementary
2001 Lorimer Road, Raleigh, NC 27606
PK-51 mi
Centennial Campus Middle
1900 Main Campus Drive, Raleigh, NC 27606
6-83.5 mi
Athens Drive High
1420 Athens Drive, Raleigh, NC 27606
9-120.7 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 1430 Collegiate Cir #102

Date
Details
Price
Change
Source
7/22/2025
Sold
$272,000
-2.51%
MLS
4/22/2025
Price Reduced
$279,000
-2.11%
MLS
2/17/2025
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, Naama Shaked (919) 670-6380
Sold by Christina Valkanoff Realty Group, Christina Valkanoff

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1430 Collegiate Circle #102, Raleigh, NC 27606 (MLS# 10077089) is a Condo property that was sold at $272,000 on July 22, 2025. Want to learn more about 1430 Collegiate Circle #102? 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.