This beautiful NCSU cash-flow student rental is in amazing shape. beautiful original hardwood floors support 6 large bedrooms in comfort and style. Walk to NCSU and all the extras that are near. (Jade Garden the bakery, etc) income is $6500/mo. with leases until next (2027 School year) July at $6750. There is an easement that allows the neighbor to use the shared driveway.
Pending
$1,249,950
206 Ashe Ave, Raleigh, NC 27605
6beds
2,610sqft
Single Family Residence, Multi Family
Built in 1901
-- sqft lot
$1,163,500 Zestimate®
$479/sqft
$-- HOA
What's special
Beautiful original hardwood floors
- 96 days |
- 114 |
- 2 |
Zillow last checked:
Listing updated:
Listed by:
Doro Taylor 919-868-6399,
CityGate Real Estate Services,
Source: Doorify MLS,MLS#: 10135162
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Central
Cooling
- Central Air, Gas
Appliances
- Included: Built-In Electric Range, Built-In Range, Dishwasher, Dryer, Free-Standing Refrigerator, Gas Water Heater, Ice Maker, Induction Cooktop, Oven, Plumbed For Ice Maker, Refrigerator, Washer, Washer/Dryer, Water Heater
- Laundry: Common Area, Lower Level
Features
- Bathtub/Shower Combination, Ceiling Fan(s), Granite Counters, Pantry, Master Downstairs, Smooth Ceilings, Stone Counters, Storage
- Flooring: Tile, Wood
- Basement: Full, Storage Space, Unfinished
- Common walls with other units/homes: No Common Walls, No One Above, No One Below
Interior area
- Total structure area: 2,610
- Total interior livable area: 2,610 sqft
- Finished area above ground: 2,610
- Finished area below ground: 0
Property
Parking
- Total spaces: 8
- Parking features: Deeded, Gravel, Kitchen Level, No Garage, Off Street, On Site, Open, Outside, Oversized, Parking Lot, Parking Pad
- Uncovered spaces: 8
- Details: on street
Features
- Levels: Bi-Level
- Stories: 2
- Patio & porch: Covered, Front Porch, Porch, Rear Porch
- Exterior features: Permeable Paving, Private Entrance, Private Yard, Rain Gutters, Storage
- Has view: Yes
Lot
- Size: 7,405 Square Feet
- Features: Back Yard, Cleared, Front Yard, Interior Lot
Details
- Parcel number: 170305191740000 0038433
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Single Family Residence, Multi Family
Materials
- Brick
- Foundation: Brick/Mortar, Permanent, Slab
- Roof: Asphalt, Shingle
Condition
- New construction: No
- Year built: 1901
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Features: Sidewalks, Street Lights
- Subdivision: Not in a Subdivision
HOA
- Has HOA: No
- Amenities included: Parking
Location
- Region: Raleigh
Financial & listing details
- Price per square foot: $479/sqft
- Tax assessed value: $647,664
- Annual tax amount: $5,688
- Date on market: 3/20/2026
- Lease term: 12 Months
- Road surface type: Asphalt
Estimated market value
$1,163,500
$1.11M - $1.22M
$2,514/mo
Price history
| Date | Event | Price |
|---|---|---|
| 5/2/2026 | Pending sale | $1,249,950$479/sqft |
Source: | ||
| 3/20/2026 | Price change | $1,249,950-3.5%$479/sqft |
Source: | ||
| 11/28/2025 | Price change | $1,295,000+317.7%$496/sqft |
Source: | ||
| 9/1/2012 | Listing removed | $2,500$1/sqft |
Source: Masters RealEstate Service, Inc #1848483 Report a problem | ||
| 8/17/2012 | Price change | $2,500-9.1%$1/sqft |
Source: Masters RealEstate Service, Inc #1848483 Report a problem | ||
| 7/28/2012 | Price change | $2,750-16.7%$1/sqft |
Source: Masters Real Estate Service, Inc. Report a problem | ||
| 5/14/2012 | Listed for rent | $3,300$1/sqft |
Source: Masters Real Estate Service, Inc. Report a problem | ||
| 4/30/2012 | Listed for sale | -- |
Source: Masters Real Estate Service, Inc. Report a problem | ||
| 3/4/2010 | Sold | $310,000-11.4%$119/sqft |
Source: Public Record Report a problem | ||
| 1/12/2010 | Price change | $349,900-6.7%$134/sqft |
Source: HomeBuyingForLess, LLC #1692427 Report a problem | ||
| 12/29/2009 | Price change | $374,900-6.3%$144/sqft |
Source: HomeBuyingForLess, LLC #1692427 Report a problem | ||
| 10/16/2009 | Listed for sale | $399,900+33.3%$153/sqft |
Source: HomeBuyingForLess, LLC #1690155 Report a problem | ||
| 9/12/2008 | Sold | $300,000$115/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $5,688 +0.4% | $647,664 |
| 2024 | $5,665 +30.2% | $647,664 +63.8% |
| 2023 | $4,351 +7.6% | $395,481 |
| 2022 | $4,044 +4% | $395,481 |
| 2021 | $3,888 +1.8% | $395,481 |
| 2020 | $3,818 +1.5% | $395,481 +23.1% |
| 2019 | $3,763 | $321,219 |
| 2018 | $3,763 +11.3% | $321,219 |
| 2017 | $3,382 +2.1% | $321,219 |
| 2016 | $3,313 +24.2% | $321,219 +26.6% |
| 2015 | $2,667 +5.4% | $253,685 |
| 2014 | $2,531 | $253,685 |
| 2013 | -- | $253,685 |
| 2012 | -- | $253,685 |
| 2011 | -- | $253,685 |
| 2010 | -- | $253,685 |
| 2009 | -- | $253,685 |
| 2008 | -- | -- |
| 2007 | -- | -- |
| 2006 | -- | -- |
| 2005 | -- | -- |
| 2004 | -- | -- |
| 2003 | -- | -- |
| 2002 | -- | -- |
| 2001 | -- | -- |
Find assessor info on the county website
Monthly payment
Est. payment$--/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.
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Climate risks
Neighborhood: Hillsborough
Nearby schools
GreatSchools rating
- 6/10Wiley ElementaryGrades: PK-5Distance: 0.5 mi
- 7/10Oberlin Middle SchoolGrades: 6-8Distance: 2.2 mi
- 7/10Needham Broughton 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.





