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 internet. Water, parking, and trash included in HOA fee. Located within walking distance to NC State University, this property offers strong rental demand and long-term investment potential.
Highlights
Summary
- Full Bathrooms: 4
- Flooring Type: Carpet, Vinyl
- Total Bedroom Count: 4
- Architectural Style: Traditional
- Heating: Forced Air, Heat Pump
- Cooling: Central Air, Heat Pump
- List Price: $285,000
- Price/SqFt: $221
- HOA Amount: $300
- HOA Frequency: Monthly
- Directions: From I 440E /US 1 N take exit 2A for Western Blvd towards NCSU. Continue on Western Blvd and turn R onto Clanton Street.Then turn L onto Sherman Avenue. Turn R onto Carlton Avenue. Complex will be located on right.
- Year Built: 1999
- Living Area: 1,287 SqFt
- 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
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Last updated on: 5/12/2025, 12:50:34 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
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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. Typical income of Raleigh, NC residents is less than $<35k annually. The most common type of family is single, no kids. Typical level of education for residents in this area is post secondary degree.
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
The listing price of 1140 Carlton Ave Unit 201 property is $285,000.
The property 1140 Carlton Ave Unit 201 is a condo located in Raleigh, North Carolina, 27606.
Active Listing: 1140 Carlton Ave Unit 201 is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 1140 Carlton Ave Unit 201 are: Combs Magnet Elementary School (GreatSchools Rating 6/10), Olds Elementary School (GreatSchools Rating 5/10), Wiley Magnet Elementary School (GreatSchools Rating 5/10), Centennial Campus Magnet Middle School (GreatSchools Rating 5/10), Mount Vernon (GreatSchools Rating 3/10), Martin Magnet Middle School (GreatSchools Rating 3/10), Wake STEM Early College High School (GreatSchools Rating 9/10), Athens Drive Magnet High School (GreatSchools Rating 8/10), Wake Young Women's Leadership Academy (GreatSchools Rating 8/10).
The property at 1140 Carlton Ave Unit 201 has 4 bedrooms and 4 bathrooms.
The property 1140 Carlton Ave Unit 201 is 1,287 SqFt (source: MLS/tax record).
The year of construction for 1140 Carlton Ave Unit 201 is 1999.
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.
Over 121 listings were sold over their listed price in April 2025 in Raleigh, NC. In the same period over 268 listings were sold below the listed price and 142 listings were sold for the listed price. The inventory of homes for sale in Raleigh, NC between March and April 2025 increased by 6.4%. While the average time on the market in April 2025 was 37 days, the median list price was $457,154.