Cash-flowing investment near NC State -- priced to move at $290K 4 bed · 4 bath Near NCSU Investment property Attention investors -- this is the one you've been waiting for. It 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. 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.
For sale
$290,000
1420 Collegiate Cir APT 102, Raleigh, NC 27606
4beds
1,071sqft
Condominium, Residential
Built in 1997
-- sqft lot
$285,000 Zestimate®
$271/sqft
$202/mo HOA
What's special
Four private bedrooms
- 161 days |
- 89 |
- 1 |
Zillow last checked:
Listing updated:
Listed by:
Casey Styers 336-416-3078,
EXP Realty LLC
Source: Doorify MLS,MLS#: 10141240
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 4
- Full bathrooms: 4
Heating
- Electric
Cooling
- Central Air
Features
- Flooring: 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: 0783826312
- Special conditions: Standard
Construction
Type & style
- Home type: Condo
- Architectural style: Traditional
- Property subtype: Condominium, Residential
Materials
- Vinyl Siding
- Foundation: Slab
- Roof: Tile
Condition
- New construction: No
- Year built: 1997
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Available
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: $270,312
- Annual tax amount: $2,377
- Date on market: 1/17/2026
- Lease term: 12 Months
Estimated market value
$285,000
$271,000 - $299,000
$1,991/mo
Price history
| Date | Event | Price |
|---|---|---|
| 1/17/2026 | Listed for sale | $290,000+9.4%$271/sqft |
Source: eXp Realty #10141240 Report a problem | ||
| 4/13/2023 | Sold | $265,000-1.9%$247/sqft |
Source:  Doorify MLS #2497632 Report a problem | ||
| 3/6/2023 | Pending sale | $270,000$252/sqft |
Source: Doorify MLS #2497632 Report a problem | ||
| 3/3/2023 | Listed for sale | $270,000+137.9%$252/sqft |
Source: Doorify MLS #2497632 Report a problem | ||
| 9/30/2003 | Sold | $113,500-0.9%$106/sqft |
Source: Public Record Report a problem | ||
| 8/3/1999 | Sold | $114,500$107/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,377 +0.4% | $270,312 |
| 2024 | $2,368 +24.5% | $270,312 +56.6% |
| 2023 | $1,902 +7.6% | $172,657 |
| 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 +8.1% | $109,107 +10.1% |
| 2015 | $1,046 +5.4% | $99,123 |
| 2014 | $993 | $99,123 |
| 2013 | -- | $99,123 |
| 2012 | -- | $99,123 |
| 2011 | -- | $99,123 |
| 2010 | -- | $99,123 |
| 2009 | -- | $99,123 |
| 2008 | -- | -- |
| 2007 | -- | -- |
| 2006 | -- | -- |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: West Raleigh
Nearby schools
GreatSchools rating
- 9/10Combs ElementaryGrades: PK-5Distance: 0.9 mi
- 2/10Centennial Campus MiddleGrades: 6-8Distance: 0.8 mi
- 8/10Athens Drive HighGrades: 9-12Distance: 0.7 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.
A local agent can set up tours, give advice and negotiate with sellers.
- North Carolina
- Wake County
- Raleigh
- 27606
- West Raleigh
- 1420 Collegiate Cir Apartment 102
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