Date
Details
Price
Change
Source
10/09/2026
Listed
$1,599,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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Property Description
The final three available townhomes at City Hike are offered together as a turnkey investment portfolio near Downtown Raleigh. Two homes are currently leased at $3,195 and $3,095 per month, providing combined in-place rental income of $6,290 per month and $75,480 annually, while the the third and final unit is being leased up now by KeyRenter property management. Each completed townhome features approximately 2,300 square feet with four bedrooms and four full baths, an open-concept layout, spacious chef's kitchen, private garage and complete bedroom suites across multiple levels. Approximately 400-square-foot rooftop terraces provide generous outdoor living space and Downtown Raleigh skyline views. The homes offer contemporary architecture, thoughtfully selected designer finishes and solar-ready construction, with the ability to support optional solar and energy-monitoring features. City Hike provides convenient access to Downtown Raleigh's employment, dining, entertainment and cultural destinations, along with nearby parks and major commuter routes. This is a rare opportunity to acquire the final three residences in a completed 12-home community, combining immediate rental income with additional upside in a growing urban Raleigh location.
Full Property Details
Full Property Details for 616 Rocky Knob Ct
General
- Price: $1,599,000
- HOA FEE: $225/month
- Taxes: $5,513 (2026)
- Status: Active
- Type: Townhouse
- Source: 2218
- MLS ID: 10197555
- Updated: Today (10/9/2026)
- Added to Site: Today
Rental Information
- Complex Features: Primary Walk-In Closet(s)
- Lease/Rent Term: 12 Months
Interior
- Interior Features: Bathtub/Shower Combination, Built-in Features, Ceiling Fan(s), Double Vanity, Eat-in Kitchen, High Ceilings, Kitchen Island, Kitchen/Dining Room Combination, Living/Dining Room Combination, Open Floorplan, Pantry, Primary Downstairs, Recessed Lighting, Separate Shower, Storage, Walk-In Closet(s)
- Appliances: Built-In Range, Dishwasher, Disposal, Microwave, Range, Refrigerator, Stainless Steel Appliance(s), Vented Exhaust Fan, Washer, Washer/Dryer
- Flooring: Carpet, Tile, Wood
Rooms
Bathrooms
- Total Bathrooms: 12
- Full Bathrooms: 12
Bedrooms
- Total Bedrooms: 12
Other Rooms
- Laundry: In Unit, Laundry Room, Upper Level
Additional Information
- Security/Safety: Carbon Monoxide Detector(s), Smoke Detector(s)
Exterior
- Exterior Features: Balcony, Lighting, Private Entrance
- Porch/Patio/Deck: Awning(s), Covered, Deck, Patio, Porch
Parking
- Garage: Yes
- Attached garage: Yes
- Garage Spaces: 3
- Total Spaces: 6
- Parking Features: Attached, Garage Faces Front, Paved
Location
- County: Wake
- Subdivision: City Hike Townhomes
School Information
- Middle School: Wake - Carnage Middle
- High School: Wake - Needham Broughton High
Community
- Association: Yes
- Assoc. Name: City Hike Townhomes
- Assoc. Fees Include: Insurance, Maintenance Structure, Sewer, Storm Water Maintenance, Trash
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air
- Heating Type: Forced Air
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Structure Type: Townhouse
- Exterior Const.: Vinyl Siding
- Roof: Shingle
- Building Size: 6900
- Square Feet: 6,900
- Living Area: 6,900 Sq. Ft.
- Finished Above Grnd: 6,900 Sq. Ft.
- Year Built: 2025
- Property Condition: New Construction
Unit Information
- Units in Building: 3
Lot Features
- Street/Road Desc.: Paved
Financial Considerations
- Association Fee: Yes
- Association Fee: $225
- Assoc Fee Freq.: Monthly
- Tax Amount: $5,513.34
- Tax Year: 2026
- Terms: Cash, Conventional, Contract, 1031 Exchange
- Owner Pays: Other
- Tenant Pays: All Utilities
Disclosures and Reports
- Special Conditions: Standard
- APN: 1703934988
- Lot Number: 7
Listed by Compass -- Raleigh, Johnny Chappell (919) 737-2247 and Compass -- Raleigh, Maggie Sparling (919) 406-4442
We Value Your Privacy
We Value Your Privacy
We Value Your Privacy
Listing agents
— 616 Rocky Knob Ct —
Johnny Chappell
Compass -- Raleigh
Maggie Sparling
Compass -- Raleigh
NMLS#: 1598647Get Pre-Approved Today
Schools
Schools serving 616 Rocky Knob Ct
School District:Wake County Schools
| Name | Grades | Distance |
|---|---|---|
Fuller Elementary 806 Calloway Drive, Raleigh, NC 27610 | PK-5 | 0.9 mi |
Carnage Middle 1425 Carnage Drive, Raleigh, NC 27610 | 6-8 | 0.3 mi |
Needham Broughton High 723 Saint Marys Street, Raleigh, NC 27605 | 9-12 | 2 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 616 Rocky Knob Ct
Tax History
Tax History for 616 Rocky Knob Ct
Year
Property Taxes
Change
Tax Assessment
Change
2025
$4,426
410%
$597,845
498%
2024
$868
—
$100,000
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 616 Rocky Knob Ct
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616 Rocky Knob Court, Raleigh, NC 27601 (MLS# 10197555) is a Townhouse property with 12 bedrooms and 12 full bathrooms. 616 Rocky Knob Court is currently listed for $1,599,000 and was received on October 09, 2026. Want to learn more about 616 Rocky Knob Court? Do you have questions about finding other Townhouse real estate for sale in Oberlin Village? You can browse all Oberlin Village real estate or contact a Coldwell Banker agent to request more information.