1207 Carlton Ave Raleigh, NC 27606
Estimated payment $1,368/month
Highlights
- Partially Wooded Lot
- No HOA
- Interior Lot
- Leroy Martin Magnet Rated A
About This Lot
PRIME BUILDABLE LOT IN THE HEART OF NC STATE RENTAL MARKET!Located just one block from NC State campus, this buildable lot offers an exceptional opportunity for student housing development in a highly sought-after area. Zoned to accommodate a custom duplex and additional Accessory Dwelling Unit (ADU), this property allows for up to 12 bedrooms, perfect for maximizing rental income in the vibrant student community.Key Features:Location: Prime location just one block from NC State campus.Zoning: Approved for a 4 bedroom duplex plus an ADU, totaling up to 12 bedrooms.Customized Plans: Purchase pre-designed customizable building plans or use your own builder to create a tailored student housing solution.Rental Demand: Strong demand for student rentals per bedroom ensures high occupancy rates.Community: Established neighborhood with proximity to campus amenities and services.Development Zone: Part of a growing student development area with 7 other proposed new duplexes.Don't miss out on this exceptional investment opportunity to capitalize on the thriving NC State rental market. Build your portfolio with this high-yield property in a rapidly developing student-centric community.
Property Details
Property Type
- Land
Est. Annual Taxes
- $2,084
Lot Details
- 4,356 Sq Ft Lot
- Interior Lot
- Rectangular Lot
- Cleared Lot
- Partially Wooded Lot
- Landscaped with Trees
- Property is zoned R-10
Schools
- Wake County Schools Elementary And Middle School
- Wake County Schools High School
Utilities
- Phone Available
- Cable TV Available
Community Details
- No Home Owners Association
Map
Home Values in the Area
Average Home Value in this Area
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
06/02/2025 06/02/25 | Price Changed | $219,000 | -8.4% | -- |
05/21/2025 05/21/25 | For Sale | $239,000 | -- | -- |
Source: Doorify MLS
MLS Number: 10097772

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