Four units. One building. One very good investment opportunity. Channel your inner Wolf in Wall Street- minus the questionable decisions- and take a look at 708 Park & Oak. This renovated 4 unit condo building is being offered as one investment package, with all four units currently leased. Each townhome style condo features 2 bedrooms, 1.5 baths, renovated, and a practical layout designed for easy living and strong rental appeal. In other words: the renovation is done, the tenants are in place, and you can skip the part where someone asks, "So... what's the rehab budget?" Located in Raleigh's highly desirable Five Points area, Park & Oak puts residents close to neighborhood restaurants, shopping, parks, greenways, and all the reasons this part of Raleigh continues to be such a popular place to live. Four renovated units. Four income producing doors. One opportunity to add a turnkey asset to your portfolio. As they say in The Wolf of Wall Street: "Pick up the phone." Your next investment might just be calling.
For sale
$1,200,000
708 Hawes Ct, Raleigh, NC 27608
8beds
4,166sqft
Condominium
Built in 1968
-- sqft lot
$1,141,700 Zestimate®
$288/sqft
$1,209/mo HOA
What's special
Townhome style condo
- 37 minutes
- 13
- 0
Zillow last checked:
Listing updated:
Listed by:
Ashley Denny 336-918-3216,
Choice Residential Real Estate,
Arden P Shelton 828-545-0689,
Choice Residential Real Estate
Source: Doorify MLS,MLS#: 10192318
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 4
- Full bathrooms: 4
- 1/2 bathrooms: 4
Heating
- Forced Air, None
Cooling
- Central Air
Appliances
- Laundry: In Unit
Features
- Eat-in Kitchen, Recessed Lighting, Kitchen/Dining Room Combination, Living/Dining Room Combination, Bathtub/Shower Combination, Quartz Counters, Smooth Ceilings
- Flooring: Hardwood, Luxury Vinyl, Tile
- Basement: Crawl Space
Interior area
- Total structure area: 4,166
- Total interior livable area: 4,166 sqft
- Finished area above ground: 4,166
- Finished area below ground: 0
Property
Parking
- Parking features: Assigned, Parking Lot
Features
- Levels: Two
- Stories: 2
- Patio & porch: Patio
- Fencing: Partial,Privacy
Details
- Parcel number: Parent Parc 1705917942
- Special conditions: Standard
Construction
Type & style
- Home type: Condo
- Property subtype: Condominium
Materials
- Brick, Unknown, Wood Siding
- Foundation: Crawlspace
- Roof: Shingle
Condition
- Updated/Remodeled
- New construction: No
- Year built: 1968
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Subdivision: Park and Oak at Five Points Condominium
HOA
- Has HOA: Yes
- Amenities included: Dog Park, Landscaping, Maintenance Grounds, Management, Maintenance Structure, Picnic Area, Parking, Trash
- Services included: Maintenance Grounds, Maintenance Structure, Trash
- HOA fee: $1,209 monthly
- HOA name: WPM
- HOA phone: 919-782-1717
Location
- Region: Raleigh
Financial & listing details
- Price per square foot: $288/sqft
- Date on market: 9/11/2026
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash,Conventional,FHA,VA Loan
- Lease term: Other
- Tenant pays: All Utilities
- Road surface type: Asphalt
Estimated market value
$1,141,700
$1.08M - $1.20M
$1,858/mo
Price history
| Date | Event | Price |
|---|---|---|
| 9/11/2026 | Listed for sale | $1,200,000$288/sqft |
Source: | ||
| 7/17/2026 | Listing removed | $1,850 |
Source: Zillow Rentals Report a problem | ||
| 6/18/2026 | Listed for rent | $1,850 |
Source: Zillow Rentals Report a problem | ||
| 6/18/2026 | Listing removed | $1,850 |
Source: Zillow Rentals Report a problem | ||
| 5/21/2026 | Listed for rent | $1,850 |
Source: Zillow Rentals Report a problem | ||
| 5/8/2026 | Listing removed | $1,850 |
Source: Zillow Rentals Report a problem | ||
| 4/15/2026 | Listed for rent | $1,850 |
Source: Zillow Rentals Report a problem | ||
Public tax history
Tax history is unavailable.
Monthly payment
Est. payment







