OPEN SAT 12PM - 2PM
NEW CONSTRUCTION
409 Alston St Raleigh, NC 27601
Olde East Raleigh NeighborhoodEstimated payment $7,415/month
Total Views
5,388
8
Beds
6
Baths
4,204
Sq Ft
$297
Price per Sq Ft
Highlights
- Very Popular Property
- New Construction
- Wood Flooring
- Hunter Elementary School Rated A
- Family Room with Fireplace
- 3-minute walk to Davie Street Park
About This Home
Prime Investor Opportunity - Two Condo Units Combined
Unlock strong cash flow and long-term appreciation, each unit has 4-bedrooms, 3-baths in one of Raleigh's most walkable and high-demand neighborhoods. Just steps from Transfer Co. Food Hall, Moore Square, and downtown's top dining, culture, and entertainment, this property is perfectly positioned for both Airbnb/short-term rentals or stable long-term leases.
Highlights include:
STR eligibility - ready for Airbnb or mid-term rentals
Two units combined for maximum flexibility and income potential
Modern finishes: wide-plank herringbone hardwoods, custom tilework, Samsung Bespoke appliances, gas range
Rooftop terrace with skyline views + private primary balcony
Five-zone HVAC, tankless water heater, metal roof = low maintenance, high efficiency
Walk to schools and city attractions = consistent demand
Investor ROI Advantage: Take full advantage of the 100% bonus depreciation available in 2025, making this not just a lifestyle purchase but a powerful tax-advantaged investment.
Whether you're building your STR portfolio or securing a prime long-term rental, this property delivers location, design, and income potential in one package.
409alston.landhuisredential.com for more information
Open House Schedule
-
Saturday, October 11, 202512:00 to 2:00 pm10/11/2025 12:00:00 PM +00:0010/11/2025 2:00:00 PM +00:00Add to Calendar
Property Details
Home Type
- Multi-Family
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 3/31/25
- Modernist Architecture
- Frame Construction
- Metal Roof
- Concrete Perimeter Foundation
Interior Spaces
- 4,204 Sq Ft Home
- 3-Story Property
- Electric Fireplace
- Family Room with Fireplace
- 2 Fireplaces
- Laundry Room
Flooring
- Wood
- Tile
- Slate Flooring
Bedrooms and Bathrooms
- 8 Bedrooms
- Main Floor Bedroom
- 6 Full Bathrooms
Parking
- 4 Parking Spaces
- 4 Open Parking Spaces
Schools
- Hunter Elementary School
- Ligon Middle School
- Enloe 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) 999-0000
Listing and Financial Details
- Home warranty included in the sale of the property
- Assessor Parcel Number 1713076184
Map
Create a Home Valuation Report for This Property
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Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $7,847 | $1,049,690 | $300,000 | $749,690 |
| 2024 | $2,606 | $300,000 | $300,000 | $0 |
| 2023 | $1,908 | $0 | $0 | $0 |
| 2022 | $0 | $0 | $0 | $0 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 09/12/2025 09/12/25 | For Sale | $1,250,000 | -- | $297 / Sq Ft |
Source: Doorify MLS
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $400,000 | None Listed On Document | |
| Deed | -- | None Listed On Document |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Closed | $898,110 | Construction |
Source: Public Records
About the Listing Agent
Landhuis Residential Group
- founded by Marinus Leach, is deeply connected to the Raleigh–Durham–Chapel Hill area and has built strong partnerships that serve clients across the entire South Atlantic region. With an international team, we bring a global perspective while maintaining trusted local expertise.
Under one roof, Landhuis Residential unites two distinctive brands: LPT Realty, focused on first-time buyers and general brokerage, and Aperture Global Real Estate, specializing
Marinus' Other Listings
Source: Doorify MLS
MLS Number: 10121568
APN: 1713.09-07-6184-000
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Some IDX listings have been excluded from this IDX display. 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 Doorify MLS, Inc. of North Carolina, Internet Data Exchange Database. Closed (sold) listings may have been listed and/or sold by a real estate firm other than the firm(s) featured on this website. Closed data is not available until the sale of the property is recorded in the MLS. Home sale data is not an appraisal, CMA, competitive or comparative market analysis, or home valuation of any property. Copyright 2025 Doorify MLS, Inc. of North Carolina. All rights reserved.
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