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, Raleigh, NC 27606
4beds
1,071sqft
:
Get pre-qualified$1,968/mo
Apartment, Residential
Built in 1997
-- sqft lot
$-- Zestimate®
$271/sqft
$202/mo HOA
What's special
Four private bedrooms
- 10 days |
- 126 |
- 12 |
Zillow last checked:
Listing updated:
Listed by:
Casey Styers 336-416-3078,
EXP Realty LLC
Source: Doorify MLS,MLS#: 10183463
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 4
- Full bathrooms: 4
Heating
- Electric
Cooling
- Ceiling Fan(s), Central Air
Appliances
- Included: Dishwasher, Dryer, Electric Range, Free-Standing Refrigerator, Microwave, Range, Refrigerator, Washer, Washer/Dryer
- Laundry: Electric Dryer Hookup, In Hall, Inside, Laundry Closet
Features
- Ceiling Fan(s), Laminate Counters, Open Floorplan, Walk-In Closet(s)
- Flooring: Vinyl, Wood
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, Parking Lot, Unassigned
- Has uncovered spaces: Yes
Features
- Levels: One
- Stories: 1
- Patio & porch: Covered, Enclosed, Front Porch, Porch
- Pool features: Community
- Has view: Yes
Details
- Parcel number: 0783826312
- 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
- Utilities for property: Cable Available
Community & HOA
Community
- Features: Curbs, Pool
- Subdivision: University Commons Lake Pk
HOA
- Has HOA: Yes
- Amenities included: Basketball Court, Parking, Pool, Sport Court
- 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
$2,126/mo
Price history
| Date | Event | Price |
|---|---|---|
| 7/30/2026 | Listed for sale | $290,000+184.3%$271/sqft |
Source:  Doorify MLS #10183463 Report a problem | ||
| 8/23/2007 | Sold | $102,000$95/sqft |
Source: Doorify MLS #916172 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 +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
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.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.
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A local agent can set up tours, give advice and negotiate with sellers.
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