$219,000
$20K PRICE DROP

1207 Carlton Ave Raleigh, NC 27606

Estimated payment $1,368/month

Total Views 7,570
0.1 Acre
$2,190,000 Price per Acre
4,356 Sq Ft Lot

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.

Listing Agent

Ida Terbet

Coldwell Banker HPW License #101494 Listed on: 05/21/2025

Coldwell Banker HPW

Co-Listing Agent

Michael Terbet

Coldwell Banker HPW License #248722

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

Property Details

Property Type

Land

Est. Annual Taxes

$2,084

Lot Details

0

Listing Details

  • Prop. Type: Land
  • Road Frontage Type: City Street
  • Road Surface Type: Asphalt
  • Co List Office Mls Id: 3198
  • Co List Office Phone: 919-876-8824
  • Subdivision Name: Not in a Subdivision
  • General Property Information Lot Size Dimensions: See Plat Map-Survey
  • Sewer:Public Sewer: Yes
  • Water Source Public: Yes
  • Lot Features Hardwood Trees: Yes
  • Lot Features Partially Cleared: Yes
  • Utilities Cable Available: Yes
  • Utilities Electricity Available: Yes
  • Utilities Natural Gas Available: Yes
  • Utilities Phone Available: Yes
  • Utilities Water Available: Yes
  • Utilities Sewer Available: Yes
  • Vegetation Partially Wooded: Yes
  • General Property Information Lot Size Square Feet2: 4356.0
  • General Property Information Lot Size Acres: 0.1
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Possible Use: Residential

Exterior Features

  • Acres: 0.1
  • Lot Features:Interior Lot: Yes
  • Lot Features:Rectangular Lot: Yes
  • Lot Features:Subdivided: Yes

Utilities

  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • Association Amenities:None: Yes
  • General Property Information:Association YN: No

Schools

  • Ninth Grade High School: Wake County Schools
  • Middle Or Junior School: Wake County Schools

Lot Info

  • Zoning: R-10
  • Current Use: Other
  • Lot Dimensions: See Plat Map-Survey
  • Lot Size Sq Ft: 4356.0
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 2084.4
  • Tax Year: 2024

MLS Schools

  • Elementary School: Wake County Schools

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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

Source: Doorify MLS

MLS Number: 10097772

Doorify MLS