Are you an investor looking for cash flow? Welcome to this spacious 4-bed, 4-bath condo in Raleigh, NC! Each bedroom boasts an ensuite bath and walk-in closet for ultimate convenience. Revel in the fresh look of new LVP flooring and a fresh coat of paint throughout. Ready for tenants? This unit comes complete with washer, dryer, and refrigerator. Enjoy the peace of mind with recent updates to systems including dishwasher, air handler & condenser, and water heater (2022- see docs). Hop on the Walnut Creek Trail across the street and explore Lake Johnson Park. Condos in this community can be rented by the room or the whole unit with the option of using the onsite property management company. Large parking lot on both sides of the building for tenants & their guests. Don't miss this opportunity to live in one room and rent the rest or cash flow on the whole thing!
Sold for $280,000
$280,000
1241 University Ct APT 2, Raleigh, NC 27606
4beds
1,192sqft
Condominium, Residential
Built in 1997
-- sqft lot
$263,200 Zestimate®
$235/sqft
$1,140 Estimated rent
Home value
$263,200
$250,000 - $276,000
$1,140/mo
Zestimate® history
Owner options
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$1,140/mo
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$1,140/mo
Rent Zestimate®
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$1,812/mo
Est. payment
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$1,812/mo
Est. payment
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List your homeWhat's special
Zillow last checked:
Listing updated:
Listed by:
Emily Dinwiddie 919-724-6884,
Keller Williams Realty United
Bought with:
michael Mayes, 317412
Costello Real Estate & Investm
Source: Doorify MLS,MLS#: 2528174
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 4
- Full bathrooms: 4
Heating
- Electric, Forced Air
Cooling
- Central Air
Appliances
- Included: Dishwasher, Dryer, Electric Range, Electric Water Heater, Plumbed For Ice Maker, Range Hood, Refrigerator, Washer
- Laundry: Laundry Closet, Main Level
Features
- Ceiling Fan(s), Shower Only, Walk-In Closet(s)
- Flooring: Vinyl
- Windows: Blinds
- Has fireplace: No
- Common walls with other units/homes: End Unit
Interior area
- Total structure area: 1,192
- Total interior livable area: 1,192 sqft
- Finished area above ground: 1,192
- Finished area below ground: 0
Property
Parking
- Parking features: Parking Lot
Features
- Levels: One
- Stories: 1
- Patio & porch: Covered, Patio, Porch
- Pool features: Community
- Has view: Yes
Details
- Additional structures: Shed(s), Storage
- Parcel number: 0783823950041
Construction
Type & style
- Home type: Condo
- Architectural style: Traditional
- Property subtype: Condominium, Residential
- Attached to another structure: Yes
Materials
- Vinyl Siding
- Foundation: Slab
Condition
- New construction: No
- Year built: 1997
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Community
- Community features: Pool
Location
- Region: Raleigh
- Subdivision: University Commons Lake Pk
HOA & financial
HOA
- Has HOA: Yes
- HOA fee: $184 monthly
- Amenities included: Pool
- Services included: Maintenance Grounds, Maintenance Structure
Price history
| Date | Event | Price |
|---|---|---|
| 2/22/2026 | Listed for rent | $1,200+128.6%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 10/10/2023 | Sold | $280,000+3.7%$235/sqft |
Source:  Doorify MLS #2528174 Report a problem | ||
| 8/25/2023 | Contingent | $270,000$227/sqft |
Source: Doorify MLS #2528174 Report a problem | ||
| 8/21/2023 | Listed for sale | $270,000+86.2%$227/sqft |
Source: Doorify MLS #2528174 Report a problem | ||
| 4/15/2022 | Listing removed | -- |
Source: Zillow Rental Manager Report a problem | ||
| 4/15/2022 | Price change | $525-73.8% |
Source: Zillow Rental Manager Report a problem | ||
| 4/8/2022 | Listed for rent | $2,000$2/sqft |
Source: Zillow Rental Manager Report a problem | ||
| 4/3/2018 | Sold | $145,000+81.3%$122/sqft |
Source: Public Record Report a problem | ||
| 1/21/2011 | Sold | $80,000-23.4%$67/sqft |
Source: Public Record Report a problem | ||
| 10/21/2010 | Sold | $104,386$88/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,337 +0.4% | $265,680 |
| 2024 | $2,327 +24.7% | $265,680 +56.8% |
| 2023 | $1,866 +7.6% | $169,391 |
| 2022 | $1,735 +4% | $169,391 |
| 2021 | $1,668 | $169,391 |
| 2020 | -- | $169,391 +58.4% |
| 2019 | -- | $106,959 |
| 2018 | -- | $106,959 |
| 2017 | $1,133 +2.1% | $106,959 |
| 2016 | $1,110 +7.1% | $106,959 +9% |
| 2015 | $1,036 +5.4% | $98,111 |
| 2014 | $983 | $98,111 |
| 2013 | -- | $98,111 |
| 2012 | -- | $98,111 |
| 2011 | -- | $98,111 |
| 2010 | -- | $98,111 |
| 2009 | -- | $98,111 |
| 2008 | -- | -- |
| 2007 | -- | -- |
| 2006 | -- | -- |
Find assessor info on the county website
Neighborhood: West Raleigh
Nearby schools
GreatSchools rating
- 9/10Combs ElementaryGrades: PK-5Distance: 0.8 mi
- 2/10Centennial Campus MiddleGrades: 6-8Distance: 0.9 mi
- 8/10Athens Drive HighGrades: 9-12Distance: 0.6 mi
Schools provided by the listing agent
- Elementary: Wake County Schools
- Middle: Wake County Schools
- High: Wake County Schools
Source: Doorify MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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Estimated market value
$263,200
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$263,200
- North Carolina
- Wake County
- Raleigh
- 27606
- West Raleigh
- 1241 University Ct Apartment 2
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