1120 Carlton Avenue
Raleigh, NC 27606Excellent investment property ideally located within close proximity to NC State University. This spacious third-floor unit features 4 bedrooms and 4 bathrooms, making it highly desirable for student housing or shared living. Remodeled in 2021, the unit offers modern upgrades including new appliances (dishwasher and refrigerator), fresh paint, and durable LVP flooring throughout. Each bedroom includes its own private bathroom and walk-in closet, providing maximum privacy and convenience for residents. The property is already tenant-occupied through the end of July at $675 per room ($ 2,700/month), offering immediate rental income. Whether you're expanding your portfolio or looking for a turnkey rental, this property combines location, upgrades, and strong rental appeal.
$273,000
4 bedrooms
4 full bathrooms
1,287 square feet
$212 per square foot
- Exterior Features
- Interior Features
- Property Features
- Construction Materials Vinyl Siding
- Parking Features Parking Lot, Paved
- Patio And Porch Features Covered, Deck
- Structure Type Site Built
- Above Grade Finished Area 1,287
- Appliances Dishwasher, Dryer, Electric Cooktop, Free-Standing Electric Range, Refrigerator, Washer, Washer/Dryer Stacked, Water Heater
- Cooling Central Air
- Cooling Y/N Yes
- Flooring Vinyl, Plank
- Heating Forced Air
- Heating Y/N Yes
- Rooms Total 6
- Window Features Blinds
- Association Amenities Hot Water
- Association Fee Frequency Monthly
- Association Fee Includes Maintenance Grounds, Maintenance Structure, Road Maintenance, Storm Water Maintenance
- Association Y/N Yes
- Tax Annual Amount 2235.48
- Water Source Public
- Year Built 1999
Additional Property Information
- TypeCondominium
- Built1999
- NeighborhoodUniversity Oaks
- CountyWake
- AreaRaleigh
- Elementary SchoolWake - Dillard
- Middle SchoolWake - Centennial Campus
- High SchoolWake - Athens Dr
Listing courtesy of Real Broker LLC. © 2026 Triangle MLS, Inc. of North Carolina. All Rights Reserved. Information deemed reliable but not guaranteed.
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©2026 Triangle MLS, Inc. of North Carolina. All rights reserved. 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. Listings marked with an icon are provided courtesy of the Triangle MLS, Inc. of North Carolina, Internet Data Exchange Database. Data last updated 2026-03-26T20:39:43.000Z.