Tenant-occupied investment condo offered as part of a two-unit package sale. Unit 1118 is a studio condo with approximately 350 square feet and current rent of $940/month. Seller-provided expenses include HOA dues of $165/month and estimated taxes and insurance of $100/month, resulting in estimated net income of $675/month before debt service, vacancy, repairs, leasing costs, and property management.
This unit is being sold together with Unit 216 at 4700 Westgrove Tower and will not be sold separately. Cash-only sale. Property is being sold as-is, with no seller repairs. No showings will be permitted. Please do not disturb tenant. Buyer to verify all information, including square footage, lease terms, rental income, HOA dues, taxes, insurance, property condition, and all investment assumptions.
Active
$230,000
4700 Westgrove St APT 1118, Raleigh, NC 27606
1beds
350sqft
Condominium
Built in 2000
-- sqft lot
$221,400 Zestimate®
$657/sqft
$165/mo HOA
What's special
- 39 days |
- 42 |
- 1 |
Zillow last checked:
Listing updated:
Listed by:
Jackson Boatwright jackson@boatwrighthomes.com,
Real Broker, LLC
Source: Canopy MLS as distributed by MLS GRID,MLS#: 4403954
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 1
- Bathrooms: 1
- Full bathrooms: 1
- Main level bedrooms: 1
Primary bedroom
- Level: Main
Heating
- Other
Cooling
- Other
Appliances
- Included: Other
- Laundry: Other
Features
- Has basement: No
Interior area
- Total structure area: 350
- Total interior livable area: 350 sqft
- Finished area above ground: 350
- Finished area below ground: 0
Property
Parking
- Parking features: Other - See Remarks
Features
- Levels: One
- Stories: 1
- Entry location: Main
Details
- Parcel number: 0784817610240
- Zoning: CX-12
- Special conditions: Subject to Lease
Construction
Type & style
- Home type: Condo
- Property subtype: Condominium
Materials
- Foundation: None
Condition
- New construction: No
- Year built: 2000
Utilities & green energy
- Sewer: Other - See Remarks
- Water: Other - See Remarks
Community & HOA
Community
- Subdivision: None
HOA
- Has HOA: Yes
- HOA fee: $165 monthly
Location
- Region: Raleigh
Financial & listing details
- Price per square foot: $657/sqft
- Tax assessed value: $75,652
- Annual tax amount: $680
- Date on market: 7/13/2026
- Cumulative days on market: 40 days
- Listing terms: Cash
- Road surface type: None, Other
Estimated market value
$221,400
$210,000 - $232,000
$871/mo
Price history
| Date | Event | Price |
|---|---|---|
| 7/14/2026 | Listed for sale | $230,000+142.1%$657/sqft |
Source:  Canopy MLS as distributed by MLS GRID #4403954 Report a problem | ||
| 12/9/2022 | Sold | $95,000$271/sqft |
Source:  Doorify MLS #2483949 Report a problem | ||
| 11/19/2022 | Contingent | $95,000$271/sqft |
Source: Doorify MLS #2483949 Report a problem | ||
| 11/17/2022 | Listed for sale | $95,000+25.8%$271/sqft |
Source: Doorify MLS #2483949 Report a problem | ||
| 7/14/2021 | Sold | $75,500+0.7%$216/sqft |
Source: Doorify MLS #2387044 Report a problem | ||
| 6/23/2021 | Pending sale | $75,000$214/sqft |
Source: Doorify MLS #2387044 Report a problem | ||
| 6/4/2021 | Contingent | $75,000$214/sqft |
Source: Doorify MLS #2387044 Report a problem | ||
| 6/1/2021 | Listed for sale | $75,000+31.6%$214/sqft |
Source: Doorify MLS #2387044 Report a problem | ||
| 3/8/2019 | Sold | $57,000$163/sqft |
Source: Doorify MLS #2237263 Report a problem | ||
| 2/19/2019 | Pending sale | $57,000$163/sqft |
Source: Wilson Property Management, In #2237263 Report a problem | ||
| 2/15/2019 | Listed for sale | $57,000$163/sqft |
Source: Wilson Property Management, In #2237263 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $680 +0.4% | $75,652 |
| 2024 | $677 +7.8% | $75,652 +35.6% |
| 2023 | $628 +7.4% | $55,773 |
| 2022 | $585 +3.9% | $55,773 |
| 2021 | $563 +1.8% | $55,773 |
| 2020 | $553 +25.8% | $55,773 +54.1% |
| 2019 | $440 | $36,201 |
| 2018 | $440 +10.8% | $36,201 |
| 2017 | $397 +2% | $36,201 |
| 2016 | $389 +9.7% | $36,201 +12% |
| 2015 | $355 +5.1% | $32,309 |
| 2014 | $337 | $32,309 |
| 2013 | -- | $32,309 |
| 2012 | -- | $32,309 |
| 2011 | -- | $32,309 |
| 2010 | -- | $32,309 |
| 2009 | -- | $32,309 |
| 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
- 7/10Reedy Creek ElementaryGrades: K-5Distance: 4 mi
- 8/10Reedy Creek MiddleGrades: 6-8Distance: 4.2 mi
- 8/10Athens Drive HighGrades: 9-12Distance: 1.4 mi
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A local agent can set up tours, give advice and negotiate with sellers.
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