1231 Teakwood Place
Raleigh, NC 27606Opportunity awaits at 1231 Teakwood Place! Located in desirable West Raleigh, this 2-bedroom, 3-bathroom two-story condominium offers an excellent opportunity for buyers looking to add their personal touch and build equity. Featuring a functional floor plan and a private wooded backdrop, this home provides a solid foundation for renovation and customization. Conveniently situated near NC State University, the Wolfline, shopping, dining, and major routes to both Raleigh and Cary, the location is hard to beat. Whether you're a first-time buyer, investor, or someone looking for a project with great potential, this property presents a rare chance to create value in a sought-after area. As an added benefit, the preferred lender is offering up to $1,600 toward the buyer's closing costs, making homeownership even more attainable.
$160,000
2 bedrooms
2 full, 1 half bathrooms
1,262 square feet
$127 per square foot
- Exterior Features
- Interior Features
- Property Features
- Common Walls 2+ Common Walls
- Construction Materials Brick, Cedar
- Structure Type Other
- Above Grade Finished Area 1,149
- Appliances Electric Range, Electric Water Heater, Range Hood
- Below Grade Finished Area 113
- Cooling Central Air
- Cooling Y/N Yes
- Flooring Carpet, Hardwood, Tile
- Heating Electric
- Heating Y/N Yes
- Laundry Features Electric Dryer Hookup, In Hall, Laundry Closet, Upper Level
- Rooms Total 2
- Association Amenities Pool
- Association Fee Frequency Monthly
- Association Fee Includes Maintenance Grounds, Water
- Association Y/N Yes
- Community Features Pool
- Tax Annual Amount 1670.68
- Water Source Public
- Year Built 1972
Additional Property Information
- TypeCondominium
- Built1972
- NeighborhoodDriftwood Manor
- CountyWake
- AreaRaleigh
- Elementary SchoolAdams
- Middle SchoolWake - Lufkin Road Middle
- 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 2026-06-04T18:40:28.000Z.