1140 Carlton Ave Unit 201 Raleigh, NC 27606
Property details
About 1140 Carlton Ave Unit 201
Investor Special! Whether you're starting your rental portfolio, looking for passive income, or want a cost-effective housing option for a student at NC State, this is your opportunity. This second-floor, one-level 4-bedroom, 4-bathroom condo offers flexibility for both investors and owner-occupants. Live in one room, lease the other three, or rent out all four for maximum return. The unit is currently leased through July 23, 2026, with four individual residential lease agreements in place. It generates $1,975/month in rental income, with tenants responsible for their own utilities, water and electricity are covered by the HOA. Located within walking distance to NC State University, this property offers strong rental demand and long-term investment potential.
Highlights
Summary
- MLS Number: 10087509
- MLS Name: Doorify MLS
- Office Name: Keller Williams Elite Realty
- Office Phone: (984) 244-5830
- Office Email: thobbs1234@gmail.com
- Listing Agent: Dona Aguayo
Copyright © 2025 Doorify MLS of North Carolina. All rights reserved. Listings marked with a Doorify MLS icon are provided courtesy of the Doorify MLS, of North Carolina, Internet Data Exchange Database. Brokers make an effort to deliver accurate information, but buyers should independently verify any information on which they will rely in a transaction. The listing broker shall not be responsible for any typographical errors, misinformation, or misprints, and they shall be held totally harmless from any damages arising from reliance upon this data. This data is provided exclusively for consumers’ personal, non-commercial use.
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Last updated on: 4/13/2025, 8:20:55 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$285,000
1140 Carlton Ave Unit 201
$3,384
closing credit¹
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Price information
Property sales
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Tax history
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Nearby schools
6
Combs Magnet Elementary School
Public Magnet PK-5
0.9 mi
•2001 Lorimer Rd
5
Olds Elementary School
Public District PK-5
1.1 mi
•204 Dixie Trl
5
Wiley Magnet Elementary School
Public Magnet PK-5
2.1 mi
•301 Saint Marys St
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $25,517. The most common annual income of people living in Raleigh, NC is less than $<35k. The majority of families are single, no kids. Most residents in this area have post secondary degree education.
How much money do the neighbors make?
What level of education do the neighbors have?
What types of families live nearby?
Are the neighbors home owners or renters?
How old are people in this area?
What do the neighbors do for fun?
NBA/WNBA
Soccer
Pro Wrestling
Where do the neighbors shop?
Express/Express For Men
Forever 21
Burlington
Where do the neighbors go to eat?
Starbucks
Dominos Pizza
Cicis Pizza
What do the neighbors drive?
Pontiac
Mazda
Buick
What do the neighbors listen to?
Urban Contemporary
Rhythmic Contemporary Hits
News
Frequently asked questions
About 1140 Carlton Ave Unit 201
This home is located at 1140 Carlton Ave Unit 201 in Raleigh, NC and zip code 27606 in the Inside the Beltline neighborhood. This 1,287 square foot home was built in 1999. Features: 4 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since April 7, 2025 and is currently priced at $285,000.
In March 2025, from all listings sold in Raleigh, NC there were more than 104 sold above asking price, over 266 sold below and more than 112 were sold right at the asked price. In March 2025 in Raleigh, NC there were 17.5% more homes for sale than in February. The median list price of listings available in March 2025 was $455,508, while the average time on the real estate market was 48 days.