For sale

$290,000

1331 Crab Orchard Dr, Raleigh, NC 27606

4beds

1,071sqft

$1,968/mo

Get pre-qualified

Apartment, Residential

Built in 1997

-- sqft lot

$-- Zestimate^®

$271/sqft

$202/mo HOA

What's special

Four private bedrooms

Attention investors this is the one you've been waiting for. Unit 303 at 1331 Crab Orchard Drive is a spacious 4-bedroom, 4-bathroom apartment just minutes from NC State University, offering immediate rental income potential in one of Raleigh's most consistently in-demand rental corridors. With four private bedrooms, this unit is perfectly configured for student housing or young professionals commanding strong per-room rental rates year after year. Come in making money from day one. Priced at $290,000, this is a rare opportunity to add a high-performing asset to your portfolio at an accessible entry point. Whether you're a seasoned investor or making your first move into real estate, the numbers work here. Schedule your showing today. Opportunities like this don't sit long.

31 days
129
10

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 4
Bathrooms: 4
Full bathrooms: 4

Heating

Electric

Cooling

Central Air

Appliances

Included: Dishwasher, Electric Cooktop

Features

Flooring: Laminate, Vinyl

Interior area

Total structure area: 1,071
Total interior livable area: 1,071 sqft
Finished area above ground: 1,071
Finished area below ground: 0

Property

Parking

Parking features: Open
Has uncovered spaces: Yes

Features

Levels: One
Stories: 1
Has view: Yes

Details

Parcel number: 0783822614
Special conditions: Standard

Construction

Type & style

Home type: Apartment
Architectural style: Traditional
Property subtype: Apartment, Residential
Attached to another structure: Yes

Materials

Vinyl Siding
Foundation: Slab
Roof: Tile

Condition

New construction: No
Year built: 1997

Utilities & green energy

Sewer: Public Sewer
Water: Public

Community & HOA

Community

Subdivision: University Commons Lake Pk

HOA

Has HOA: Yes
Services included: Unknown
HOA fee: $202 monthly

Location

Region: Raleigh

Financial & listing details

Price per square foot: $271/sqft
Tax assessed value: $172,657
Annual tax amount: $2,477
Date on market: 7/30/2026
Lease term: 12 Months

Estimated market value

Not available

Estimated sales range

Not available

$3,246/mo

Price history

Date	Event	Price
7/30/2026	Listed for sale	$290,000$271/sqft
Source: Doorify MLS #10183458 Report a problem
10/5/2024	Listing removed	$3,400$3/sqft
Source: Zillow Rentals Report a problem
9/8/2024	Listed for rent	$3,400$3/sqft
Source: Zillow Rentals Report a problem
6/20/2024	Listing removed	--
Source: Zillow Rentals Report a problem
3/9/2024	Listed for rent	$3,400$3/sqft
Source: Zillow Rentals Report a problem

Public tax history

Year	Property taxes	Tax assessment
2022	$1,768 +4%	$172,657
2021	$1,700 +1.8%	$172,657
2020	$1,669 +30%	$172,657 +58.2%
2019	$1,284	$109,107
2018	$1,284 +11.2%	$109,107
2017	$1,155 +2.1%	$109,107
2016	$1,132	$109,107 +10.1%
2015	--	$99,123
2014	$993	$99,123
2013	--	$99,123
2012	--	$99,123
2011	--	$99,123
2010	--	$99,123
2009	--	$99,123
2008	--	--
2007	--	--
2006	--	--