5738 Three Oaks Drive
Raleigh, NC 27612This versatile 2 bedroom, one-and-a half bath townhome property presents excellent investment opportunities, whether you're considering rental income of at least $1,795 per month or short-term Airbnb vacation rentals. The combination of desirable location, community amenities, and move-in ready condition makes it an attractive option for various living situations. Offering 1,400 square feet of comfortable living space. This delightful property features updated bathrooms that blend style with functionality, creating spaces you'll actually want to spend time in. Location enthusiasts will appreciate the incredible convenience this home offers. Located moments away from the scenic greenway system, providing direct access to beautiful Shelly Lake for morning activities or peaceful evening enjoyment. Crabtree Valley Mall is conveniently located nearby, while the trendy North Hills area offers dining and entertainment options in close proximity. The homeowners association takes care of all the tedious stuff - exterior building maintenance, grounds upkeep, and access to fantastic community amenities. Enjoy the sparkling pool on hot summer days, the tennis court, or the basketball court facilities. The clubhouse provides additional space for gatherings and relaxation. With its blend of comfort, convenience, and community, this townhouse offers the ideal setting for creating lasting memories. The thoughtful updates and prime location create an exceptional home, whether you're seeking a personal residence or a smart investment opportunity. Seller is licensed real estate agent in North Carolina.
$240,000
2 bedrooms
1 full, 1 half bathrooms
0.02 acres
1,408 square feet
$170 per square foot
- Exterior Features
- Interior Features
- Property Features
- Common Walls 2+ Common Walls
- Construction Materials Wood Siding
- Door Features Sliding Doors
- Exterior Features Rain Gutters, Storage
- Fencing None
- Lot Size Acres 0.02
- Other Structures None
- Parking Features Asphalt, Parking Lot, Paved
- Patio And Porch Features Deck
- Pool Features Community
- Structure Type Townhouse
- Above Grade Finished Area 1,408
- Appliances Dishwasher, Dryer, Electric Range, Microwave, Refrigerator, Washer
- Cooling Central Air, Electric
- Cooling Y/N Yes
- Fireplace Features Gas Log, Glass Doors, Living Room
- Fireplaces Total 1
- Flooring Carpet, Laminate, Vinyl
- Heating Central, Electric
- Heating Y/N Yes
- Interior Features Bathtub/Shower Combination, Ceiling Fan(s), Dining L, Entrance Foyer, Laminate Counters, Pantry, Smooth Ceilings
- Laundry Features In Hall, Laundry Closet
- Rooms Total 5
- Window Features Insulated Windows
- Association Amenities Basketball Court, Clubhouse, Insurance, Maintenance Grounds, Maintenance Structure, Management, Parking, Pool, Tennis Court(s)
- Association Fee Frequency Monthly
- Association Fee Includes Maintenance Grounds, Maintenance Structure, Pest Control, Road Maintenance, Storm Water Maintenance
- Association Y/N Yes
- Community Features Clubhouse, Pool, Street Lights, Tennis Court(s)
- Lot Features Wooded
- Tax Annual Amount 2312.76
- Water Source Public
- Year Built 1979
Additional Property Information
- TypeTownhouse
- Built1979
- NeighborhoodRidgeloch Townes
- CountyWake
- AreaRaleigh
- Elementary SchoolWake - Lynn Road
- Middle SchoolWake - Carroll
- High SchoolWake - Sanderson
Listing courtesy of HomeTowne Realty Clayton East. © 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 2026-05-10T16:42:04.000Z.