5520a Kaplan Drive
Raleigh, NC 27606Projected $1,400 Monthly Rent, This property cash flows. Just off 540, 2.4 miles to NC State University, 4.8 miles to UNC Rex Hospital, 2 bed 1 ½ bath, one block from walking trails around Lake Johnson. Laundry room, deck backs up to woods, wood-burning fireplace in living room, 2 off street parking spaces at front of unit. 2.7 miles to Meredith College. Can’t beat this location. Investment Property. Currently rented until 8/31/27. GREAT DEAL. Don't let this opportunity pass you by.
$200,000
2 bedrooms
1 full, 1 half bathrooms
0.18 acres
1,012 square feet
$198 per square foot
- Exterior Features
- Interior Features
- Property Features
- Attached Garage Y/N No
- Carport Y/N No
- Common Walls End Unit, 1 Common Wall
- Construction Materials Unknown
- Exterior Features Rain Gutters
- Fencing None
- Garage Y/N No
- Lot Size Acres 0.18
- Parking Features Concrete
- Patio And Porch Features Porch, Deck
- Structure Type Townhouse
- Above Grade Finished Area 1,012
- Appliances Free-Standing Range, Washer, Water Heater, Free-Standing Refrigerator, Dryer, Dishwasher
- Below Grade Finished Area 0
- Cooling Central Air
- Cooling Y/N Yes
- Fireplace Features Wood Burning, Living Room
- Fireplaces Total 1
- Flooring Carpet, Vinyl, Laminate
- Heating Heat Pump
- Heating Y/N Yes
- Interior Features Bathtub/Shower Combination, Ceiling Fan(s)
- Association Y/N No
- Senior Community Y/N No
- Tax Annual Amount 1770.34
- Water Source Public
- Waterfront Y/N No
- Year Built 1981
Additional Property Information
- TypeTownhouse
- Built1981
- NeighborhoodAthena Woods
- CountyWake
- AreaRaleigh
- Elementary SchoolWake - Dillard Drive Elementary
- Middle SchoolWake - Dillard Drive Middle
- High SchoolWake - Athens Drive High
Listing courtesy of Coldwell Banker - HPW. © 2026 Triangle MLS, Inc. of North Carolina. All Rights Reserved. Information deemed reliable but not guaranteed.
Property location
Monthly payment calculator
Find your amountSchedule a Tour
Ready for a tour of this house? You can either schedule an in-person walkthrough, or one of our agents can take you on a virtual tour via video call.
Similar Properties
©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 2026-11-06T15:45:34Z.