810 Culpepper Ln Raleigh, NC 27610
King Charles NeighborhoodEstimated payment $3,699/month
Highlights
- Open Floorplan
- Contemporary Architecture
- End Unit
- Douglas Elementary Rated A-
- Wood Flooring
- 3-minute walk to Culpepper Circle Park
About This Home
Turnkey Investment Opportunity | Immediate Cash Flow in Raleigh, NC Fully leased and income-producing from day one, this brand-new townhome-style condo in Raleigh, North Carolina presents a rare opportunity for investors seeking stable rental income and long-term appreciation in one of the Triangle's fastest-growing markets. Strategically located just minutes from Downtown Raleigh, major commuter routes, shopping, and dining, this modern 3-bedroom, 2.5-bath asset is positioned to attract and retain high-quality tenants. The open-concept layout, dedicated pocket office, and seamless indoor-outdoor living--highlighted by a 12' quad slider to a covered patio--align with today's tenant demand for flexible, lifestyle-driven spaces. The kitchen is designed to elevate rental desirability, featuring quartz countertops, a center island, stainless steel Café appliances, and custom cabinetry. Upstairs, the spacious primary suite offers a spa-style bathroom, dual vanities, frameless glass walk-in shower, and two walk-in closets, while two additional bedrooms provide versatility for roommates, guests, or work-from-home setups. Built with durability and efficiency in mind, the property includes white oak hardwood floors, 8' solid core doors, Pella windows, tankless water heater, spray foam insulation, sealed crawl space, and a whole-home dehumidifier--minimizing maintenance and optimizing operating costs. Additional investor-friendly features include an attached garage with EV charging capability, private partially fenced yard, and low-maintenance construction, making this an ideal addition to any rental portfolio, 1031 exchange, or long-term hold strategy. A true plug-and-play asset in a high-demand rental corridor--generate income from day one while benefiting from Raleigh's continued growth and appreciation.
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $1,784
Year Built
- Built in 2025
Lot Details
- End Unit
- 1 Common Wall
- Back Yard Fenced
HOA Fees
- $300 Monthly HOA Fees
Parking
- 1 Car Attached Garage
- Front Facing Garage
- On-Street Parking
- 1 Open Parking Space
Home Design
- Contemporary Architecture
- Modern Architecture
- Brick Exterior Construction
- Block Foundation
- Foam Insulation
- Shingle Roof
- HardiePlank Type
Interior Spaces
- 2,003 Sq Ft Home
- 2-Story Property
- Open Floorplan
- Ceiling Fan
- Recessed Lighting
- Sliding Doors
Kitchen
- Oven
- Free-Standing Gas Range
- Microwave
- Dishwasher
- Kitchen Island
- Quartz Countertops
- Disposal
Flooring
- Wood
- Tile
Bedrooms and Bathrooms
- 3 Bedrooms
- Primary Bedroom Upstairs
- Walk-In Closet
Laundry
- Dryer
- Washer
Outdoor Features
- Covered Patio or Porch
Schools
- Wake County Schools Elementary And Middle School
- Wake County Schools High School
Utilities
- Humidifier
- Central Air
- Heat Pump System
Community Details
- Association fees include insurance, ground maintenance, maintenance structure
- Microhoa Association, Phone Number (844) 642-7646
- Lockwood Subdivision
Listing and Financial Details
- Assessor Parcel Number 1714820579
Map
Home Values in the Area
Average Home Value in this Area
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 | $1,784 | $1,319,309 | $200,000 | $1,119,309 |
| 2024 | $1,737 | $200,000 | $200,000 | -- |
| 2023 | $1,254 | $115,000 | $115,000 | $0 |
| 2022 | $2,601 | $254,937 | $115,000 | $139,937 |
| 2021 | $2,501 | $254,937 | $115,000 | $139,937 |
| 2020 | $2,455 | $254,937 | $115,000 | $139,937 |
| 2019 | $1,659 | $141,463 | $48,000 | $93,463 |
| 2018 | $1,566 | $141,463 | $48,000 | $93,463 |
| 2017 | $1,492 | $141,463 | $48,000 | $93,463 |
| 2016 | $1,461 | $141,463 | $48,000 | $93,463 |
| 2015 | $950 | $89,779 | $28,000 | $61,779 |
| 2014 | $901 | $89,779 | $28,000 | $61,779 |
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 05/02/2026 05/02/26 | Rented | $2,850 | 0.0% | -- |
| 04/18/2026 04/18/26 | Under Contract | -- | -- | -- |
| 04/17/2026 04/17/26 | Off Market | $2,850 | -- | -- |
| 04/04/2026 04/04/26 | For Rent | $2,850 | 0.0% | -- |
| 04/04/2026 04/04/26 | For Sale | $600,000 | -- | $300 / 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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Ask me questions while you tour the home.