409 Alston St Unit 101 Raleigh, NC 27601
Olde East Raleigh NeighborhoodEstimated payment $3,905/month
Highlights
- New Construction
 - Contemporary Architecture
 - Main Floor Bedroom
 - Hunter Elementary School Rated A
 - Wood Flooring
 - 3-minute walk to Davie Street Park
 
About This Home
$70,000 in Instant Equity! Priced Below Appraised Value — Verified by Appraisal! Prime Raleigh Investment & Lifestyle Opportunity. Discover a rare 4-bedroom, 3-bath modern home in one of Downtown Raleigh's most desirable and walkable neighborhoods—just steps from Transfer Co. Food Hall, Moore Square, and Fayetteville Street. Perfect for both investors and primary buyers, this property combines luxury design, strong rental income potential, and long-term appreciation. Eligible for Airbnb, short-term, or mid-term rentals, this versatile property includes two connected units, offering flexible living arrangements or dual-income options. Interior highlights: Wide-plank herringbone hardwood floors and custom tilework throughout Samsung Bespoke appliances, gas range, and sleek modern kitchen Private primary balcony and rooftop terrace with skyline views Five-zone HVAC, tankless water heater, and metal roof for efficiency and low maintenance Enjoy urban living at its best—walk to restaurants, breweries, coffee shops, entertainment venues, and green spaces. This home's unbeatable location ensures consistent demand and strong rental returns. Investor advantage: Take full advantage of the 100% bonus depreciation available in 2025, turning this purchase into a powerful tax-advantaged real estate investment. Whether expanding your STR portfolio or looking for a modern downtown residence, this property delivers location, design, and income potential in one exceptional package. Visit 409Alston.LandhuisResidential.com for details or to schedule a tour.
Property Details
Home Type
- Multi-Family
 
Est. Annual Taxes
- $4,500
 
Year Built
- Built in 2025 | New Construction
 
Lot Details
- 5,663 Sq Ft Lot
 
HOA Fees
- $133 Monthly HOA Fees
 
Home Design
- Duplex
 - Home is estimated to be completed on 3/7/25
 - Contemporary Architecture
 - Modernist Architecture
 - Frame Construction
 - Metal Roof
 - Concrete Perimeter Foundation
 
Interior Spaces
- 2,102 Sq Ft Home
 - 3-Story Property
 
Flooring
- Wood
 - Tile
 - Slate Flooring
 
Bedrooms and Bathrooms
- 4 Bedrooms
 - Main Floor Bedroom
 - 3 Full Bathrooms
 
Parking
- 2 Parking Spaces
 - 2 Open Parking Spaces
 
Schools
- Wake County Schools Elementary And Middle School
 - Wake County Schools High School
 
Utilities
- Forced Air Zoned Cooling and Heating System
 - Heat Pump System
 
Community Details
- Association fees include insurance, pest control
 - Alston Urban Residences HOA, Phone Number (919) 000-0000
 
Listing and Financial Details
- Assessor Parcel Number 1713076184
 
Map
Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | 
|---|---|---|---|---|
| 10/09/2025 10/09/25 | For Sale | $649,000 | -- | $309 / Sq Ft | 
About the Listing Agent
					
			
					Landhuis Residential Group | Real Estate Excellence in North Carolina, Georgia & Beyond
Founded by Marinus Leach, Landhuis Residential Group is your trusted partner for buying and selling homes in North Carolina, Georgia, and across the South Atlantic region. With deep roots in the Raleigh–Durham–Chapel Hill real estate market and an international team, we deliver expert local knowledge with a global perspective.
Our unique dual-brand approach serves every client need:
LPT Realty –
				
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