1110 Carlton Ave APT 204, Raleigh, NC, 27606
About This Home
Investor opportunity walking distance to NC State! This 4 bedroom, 4 bathroom apartment offers strong rental potential in a highly desirable location near campus, dining, and public transit. Ideal for student housing, each bedroom features its own private bathroom for maximum tenant appeal. The current owner completed key upgrades in 2025 including Luxury Vinyl Plank flooring throughout (no carpet) and a brand new washer and dryer. Property currently has 2 tenants in place through July 31, 2026, providing immediate income potential with opportunity to lease remaining bedrooms for the upcoming academic term. Low-maintenance finishes and prime location make this a compelling addition to any investment portfolio.
Getting Around
Car-Dependent
Some Transit
BikeableSchools
Construction
Condition
- Year built: 1999
Materials
- Foundation: Slab
- Roof: Shingle
- Construction materials: Vinyl Siding
Type & Style
- Home type: Condo
- Architectural style: Traditional
- Property subType: Condominium,Residential
Interior
Appliances
- Appliances included: Dishwasher,Electric Range,Electric Water Heater,Freezer,Range Hood,Refrigerator,Washer/Dryer Stacked
Bedrooms & Bathrooms
- Bedrooms: 4
- Bathrooms: 4
- Full bathrooms: 4
Features
- Flooring: Vinyl
- Finished area below ground: 0
- Finished area above ground: 1,287
- Common walls with other units/homes: 1 Common Wall, End Unit
Heating & Cooling
- Heating features: Electric,Forced Air
- Cooling features: Central Air
Interior Area
- Total structure area: 1,287
- Total interior livable area: 1,287 sqft
Property
Details
- Parcel number: 079305292951008 0256245
- Attached to another structure: Yes
- Special condition: Standard
Features
- Levels: One
- Stories: 1
- Patio & porch: Deck
- Has view: Yes
Parking
- Total spaces: 4
- Parking features: Asphalt,Parking Lot
- Has uncovered spaces: Yes
- Uncovered spaces: 4
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Heat Wave
How This Home’s Risks Compare
FEMA Declared Disasters in Wake County and North Carolina
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $1,425 | $17,100 |
| Home Insurance * | $82 | $984 |
| Property Taxes | $204 | $2,448 |
| Electricity | $200 | $2,405 |
| Total | $1,911 | $22,932 |
Income You'd Need if You Spent...
North Carolina FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-03-31 | Listed for sale | $282,000 |
| 2016-08-01 | Sold | $125,900 |
| 2007-03-30 | Sold | $113,000 |
| 2006-02-03 | Sold | $220,000 |
View on Zillow