720 Noble Town Way #101-106, Raleigh, NC, 27603
About This Home
DO NOT MISS THIS OPPORTUNITY! THIS BUILDING INCLUDES 6 TOWNHOME-STYLE CONDOS FOR A DISCOUNTED BULK PRICE! WALKABLE TO EVERYTHING DOWNTOWN RALEIGH! HOT RENTAL LOCATION! COMPETITIVE WITH DOWNTOWN APARTMENTS - HIGH RENTAL VALUES! ESTIMATED RENTAL VALUE PER UNIT: $3,500/MONTH. SHOULD APPRAISE FOR $5M+ TOTAL!!! Each unit includes 3 bedrooms (or 2 bedrooms + an office/flex space), 3 full bathrooms, a private garage, and screened-in porches. Units #105 and #106 include a 4th story with private rooftop terraces! HOA covers all exterior maintenance & lawn care! $4,200,000 TOTAL = $700,000 PER UNIT. INCREDIBLE INVESTMENT OPPORTUNITY.
Getting Around
Walker's Paradise
Good Transit
Very BikeableSchools
Construction
Condition
- New construction: Yes
- Year built: 2025
Materials
- Foundation: Raised,Slab
- Roof: Shingle
- Construction materials: Brick Veneer,Fiber Cement
Notable Dates
- Major remodel year: 2025
Type & Style
- Home type: Townhouse
- Property subType: Townhouse,Multi Family
Interior
Appliances
- Appliances included: Built-In Electric Range,Built-In Range,Dishwasher,Disposal,Electric Oven,Electric Range,Electric Water Heater,Exhaust Fan,Free-Standing Electric Oven,Microwave,Oven,Plumbed For Ice Maker,Range,Smart Appliance(s),Stainless Steel Appliance(s),Warming Drawer,Water Heater
- Laundry features: Laundry Closet,Upper Level
Bedrooms & Bathrooms
- Bedrooms: 18
- Bathrooms: 24
- Full bathrooms: 18
- 1/2 bathrooms: 6
Features
- Built-in Features,Ceiling Fan(s),Chandelier,Crown Molding,Double Vanity,Eat-in Kitchen,Entrance Foyer,High Ceilings,Kitchen Island,Kitchen/Dining Room Combination,Living/Dining Room Combination,Natural Woodwork,Open Floorplan,Pantry,Quartz Counters,Recessed Lighting,Shower Only,Smart Thermostat,Smooth Ceilings,Storage,Walk-In Closet(s),Walk-In Shower,Wired for Sound
- Flooring: Vinyl,Tile
- Finished area below ground: 0
- Finished area above ground: 9,062
- Common walls with other units/homes: 2+ Common Walls, No One Above, No One Below
Heating & Cooling
- Heating features: None
- Cooling features: Ceiling Fan(s),Central Air,Electric
Interior Area
- Total structure area: 9,062
- Total interior livable area: 9,062 sqft
Property
Details
- Parcel number: 1704309915LO16
- Special condition: Standard
Features
- Levels: Three Or More
- Stories: 3
- Patio & porch: Awning(s),Covered,Deck,Enclosed,Patio,Rear Porch,Screened,Terrace,Other,See Remarks
- Exterior features: Awning(s),Lighting,Private Entrance,Rain Gutters,Storage,Other
- Has view: Yes
- View description: City,City Lights,Downtown,Neighborhood,Skyline,Trees/Woods,Other
Lot
- Lot size: 2.16 Acres
- Features: City Lot,Hardwood Trees,Interior Lot,Landscaped,Level,Rectangular Lot,Views,Zero Lot Line
Parking
- Total spaces: 2
- Parking features: Additional Parking,Alley Access,Attached,Covered,Direct Access,Driveway,Enclosed,Garage,Garage Door Opener,Garage Faces Rear,Guest,Inside Entrance,Lighted,On Site,On Street,Paved,Private,Storage
- Has garage: Yes
- Attached garage spaces: 6
- Covered spaces: 6
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
- Hail
- 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 | $21,237 | $254,844 |
| Home Insurance * | $1,447 | $17,364 |
| Property Taxes | $2,415 | $28,980 |
| Electricity | $844 | $10,128 |
| Total | $25,943 | $311,316 |
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 |
|---|---|---|
| 2026-07-13 | Price change | $4,200,000 |
| 2026-06-03 | Listed for sale | $4,500,000 |
View on Zillow