Prime Raleigh Condo: Investment Asset or Low-Maintenance Lifestyle Discover an exceptional real estate opportunity at 5130 Flint Ridge, a beautifully maintained 2-bedroom, 2-bathroom condo that perfectly straddles the line between a lucrative portfolio addition and a delightful primary residence. Nestled in a prime Raleigh locale, this property offers a rare combination of urban convenience and tranquil community living. For the traditional homebuyer seeking an easy, low-maintenance lifestyle, this condo delivers comfort, convenience, and peace of mind in equal measure. The bright, open-concept floor plan creates an inviting atmosphere where daily living feels effortless. Major mechanical updates are already taken care of, highlighted by a brand-new water heater replaced just last year. The main living space opens directly onto a charming covered porch, offering a peaceful spot to unwind or savor your morning coffee. Retreat to the spacious primary suite complete with its own private bathroom, while the versatile second bedroom stands ready to adapt to your needs as a guest room, hobby space, or dedicated work-from-home office. Beyond your front door, resort-style HOA perks await, including a refreshing community pool, tennis courts, scenic pond views, and serene walking paths that provide a quiet escape from the daily grind. For the strategic investor, this property represents a high-demand asset in a historically strong rental market with immediate reduced capital expenditure risks. Having the water heater replaced last year means one less big-ticket maintenance item to worry about for years to come. The low-maintenance nature of condo living, combined with an inclusive HOA structure and exterior maintenance, significantly reduces your hands-on property management tasks and predictable overhead. The highly desirable dual-suite layout is an absolute magnet for premium tenants, whether they are young professionals, roommates, or downsizers. Location is everything for rental velocity, and this address places tenants just minutes from the premier shopping, dining, and employment hubs of North Hills and Crabtree, ensuring consistently low vacancy rates and strong rental yields from day one. Whether you are looking to secure a savvy stream of passive income or seeking a vibrant, maintenance-free place to call home, this versatile Raleigh condo is a winning proposition on all fronts.
For sale
$169,000
5130 Flint Ridge Pl, Raleigh, NC 27609
2beds
1,040sqft
Condominium, Residential
Built in 1972
-- sqft lot
$163,300 Zestimate®
$163/sqft
$-- HOA
What's special
Charming covered porchScenic pond viewsRefreshing community poolSerene walking pathsBright open-concept floor planTennis courtsHighly desirable dual-suite layout
- 22 days |
- 764 |
- 64 |
Zillow last checked:
Listing updated:
Listed by:
Matt Steele 817-946-8815,
Navigate Realty
Source: Doorify MLS,MLS#: 10169227
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Electric, Forced Air
Cooling
- Central Air
Appliances
- Included: Dryer, Electric Oven, Electric Water Heater, Refrigerator, Washer
- Laundry: Main Level
Features
- Eat-in Kitchen
- Flooring: Laminate
Interior area
- Total structure area: 1,040
- Total interior livable area: 1,040 sqft
- Finished area above ground: 1,040
- Finished area below ground: 0
Property
Parking
- Total spaces: 1
- Parking features: Parking Lot
- Uncovered spaces: 1
Features
- Levels: One
- Stories: 1
- Patio & porch: Covered, Porch
- Has view: Yes
Details
- Parcel number: 171609055861165 0130375
- Zoning: R-6
- Special conditions: Standard
Construction
Type & style
- Home type: Condo
- Architectural style: A-Frame
- Property subtype: Condominium, Residential
Materials
- Wood Siding
- Foundation: Other
- Roof: Shingle
Condition
- New construction: No
- Year built: 1972
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Subdivision: Cedar Hills Condo
HOA
- Has HOA: Yes
- Services included: Unknown
Location
- Region: Raleigh
Financial & listing details
- Price per square foot: $163/sqft
- Tax assessed value: $188,246
- Annual tax amount: $1,661
- Date on market: 5/22/2026
Estimated market value
$163,300
$155,000 - $171,000
$1,428/mo
Price history
| Date | Event | Price |
|---|---|---|
| 5/22/2026 | Listed for sale | $169,000$163/sqft |
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| 4/5/2026 | Listing removed | $169,000$163/sqft |
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| 2/17/2026 | Price change | $169,000-4.5%$163/sqft |
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| 2/5/2026 | Price change | $177,000-2.7%$170/sqft |
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| 1/22/2026 | Listed for sale | $182,000-8.5%$175/sqft |
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| 5/26/2025 | Listing removed | $1,350$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 4/28/2025 | Listed for rent | $1,350-3.2%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 2/3/2025 | Listing removed | $1,395$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 1/13/2025 | Listed for rent | $1,395-3.8%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 11/29/2024 | Listing removed | $1,450$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 11/7/2024 | Listed for rent | $1,450-3%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 11/3/2024 | Listing removed | $199,000$191/sqft |
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| 9/25/2024 | Price change | $199,000-5.2%$191/sqft |
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| 9/9/2024 | Price change | $210,000-4.5%$202/sqft |
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| 8/23/2024 | Listed for sale | $220,000+29.4%$212/sqft |
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| 8/22/2024 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 7/24/2024 | Price change | $1,495-6.3%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 7/10/2024 | Listed for rent | $1,595+10%$2/sqft |
Source: Zillow Rentals Report a problem | ||
| 6/11/2024 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 3/29/2024 | Listed for rent | $1,450$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 4/14/2022 | Sold | $170,000+107.3%$163/sqft |
Source: Public Record Report a problem | ||
| 10/25/2018 | Sold | $82,000+42.6%$79/sqft |
Source: Public Record Report a problem | ||
| 12/9/2016 | Sold | $57,500-13.5%$55/sqft |
Source: Public Record Report a problem | ||
| 7/2/2004 | Sold | $66,500$64/sqft |
Source: Agent Provided Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,662 +0.4% | $188,246 |
| 2024 | $1,655 +72.4% | $188,246 +118.3% |
| 2023 | $960 +7.5% | $86,248 |
| 2022 | $893 +4% | $86,248 |
| 2021 | $859 +1.8% | $86,248 |
| 2020 | $844 +12.8% | $86,248 +37.3% |
| 2019 | $748 | $62,829 |
| 2018 | $748 +11.1% | $62,829 |
| 2017 | $674 +2% | $62,829 |
| 2016 | $660 | $62,829 -5.9% |
| 2015 | -- | $66,734 |
| 2014 | $675 | $66,734 |
| 2013 | -- | $66,734 |
| 2012 | -- | $66,734 |
| 2011 | -- | $66,734 |
| 2010 | -- | $66,734 |
| 2009 | -- | $66,734 |
| 2008 | -- | -- |
| 2007 | -- | -- |
| 2006 | -- | -- |
| 2004 | -- | -- |
| 2003 | -- | -- |
| 2002 | -- | -- |
| 2001 | -- | -- |
Find assessor info on the county website
Monthly payment
Est. payment$--/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: North Raleigh
Nearby schools
GreatSchools rating
- 4/10Douglas ElementaryGrades: PK-5Distance: 0.9 mi
- 5/10Carroll MiddleGrades: 6-8Distance: 1.1 mi
- 6/10Sanderson HighGrades: 9-12Distance: 1.3 mi
Schools provided by the listing agent
- Elementary: Wake - Douglas
- Middle: Wake - Carroll
- High: Wake - Sanderson
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
- 27609
- North Raleigh
- 5130 Flint Ridge Pl







