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.
Sold for $261,000
Zillow last checked:
Listing updated:
Bought with:
Non Member
Non Member Office
Source: Doorify MLS,MLS#: 10129562
Price history
| Date | Event | Price |
|---|---|---|
| 12/23/2025 | Sold | $261,000-3%$224/sqft |
Source:  Doorify MLS #10129562 Report a problem | ||
| 12/11/2025 | Pending sale | $269,000$231/sqft |
Source: Doorify MLS #10129562 Report a problem | ||
| 12/4/2025 | Price change | $269,000-6.3%$231/sqft |
Source: Doorify MLS #10129562 Report a problem | ||
| 11/24/2025 | Price change | $287,000-3.4%$246/sqft |
Source: Doorify MLS #10129562 Report a problem | ||
| 10/24/2025 | Listed for sale | $297,000+60.5%$255/sqft |
Source: Doorify MLS #10129562 Report a problem | ||
| 7/6/2020 | Sold | $185,000-2.6%$159/sqft |
Source: Doorify MLS #2320817 Report a problem | ||
| 6/5/2020 | Pending sale | $190,000$163/sqft |
Source: Allen Tate/Raleigh-Glenwood #2320817 Report a problem | ||
| 5/22/2020 | Listed for sale | $190,000+113.5%$163/sqft |
Source: Allen Tate/Raleigh-Glenwood #2320817 Report a problem | ||
| 12/23/2011 | Sold | $89,000-11%$76/sqft |
Source: Public Record Report a problem | ||
| 5/23/2008 | Sold | $100,000$86/sqft |
Source: Public Record Report a problem | ||
| 12/31/2002 | Sold | $100,000-9.1%$86/sqft |
Source: Doorify MLS #654800 Report a problem | ||
| 6/30/2000 | Sold | $110,000$94/sqft |
Source: Public Record Report a problem | ||
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Estimated market value
$259,000
