Address
1006 Carlton Avenue, Raleigh, NC
Price
$ 419,000
Property Attributes
- MLS#10189998
- TypeSingle Family
- Listing Status Active
- CountyWake
- CityRaleigh
- NeighborhoodNot in a Subdivision
- Zip27606
- StyleCape Cod, Traditional
- Year Built1950
- Price$ 419,000
- Bedrooms4
- Full Bathrooms2
- Half Bathrooms0
- Sqr Footage1285
- Lot Size0.14 Acres
Data Source:
Triangle MLS (TMLS)
Property Description
Exceptional investment opportunity one block from NC State University—just a three-minute walk to campus! Designed for strong rental flexibility, the property offers four bedrooms, two full baths, and an additional flex space that could serve as a fifth bedroom, office, or study. If rented with 5 bedroom spaces monthly cash flow could easily surpass $4,000, giving an investor the potential to maximize rental income and cash flow. Residents can walk to classes, Greek Village, restaurants, shopping, and everyday conveniences, helping drive consistent demand. See attached survey for likely placement of an optional ADU, which offers additional upside and value add. With its highly desirable location and income-producing potential, this property offers a rare opportunity to own rental housing in the heart of the NC State community.
| Elementary School | Middle School | High School |
|---|---|---|
| Wake - Olds Elementary Elementary School | Wake - Martin Middle Middle School | Wake - Athens Drive High High School |
| Price History | |
|---|---|
| 9/1/2026 | Listed $439,000 |
| 9/19/2026 | 5$419,000 |
General Features
| Sewer | Public Sewer |
|---|---|
| Heating | Central,Electric,Forced Air |
| Cooling | Central Air |
| Roof | Shingle |
| Appliances | Dishwasher,Electric Range,Free-Standing Range,Microwave,Stainless Steel Appliance(s) |
| Zoning | RX-3 |
| Patio/Porch Features | Deck |
| Architectural Style | Cape Cod,Traditional |
| Construction Materials | Aluminum Siding |
| Year Built | 1950 |
| Stories Count | 1 |
| Levels | One,One and One Half |
| Property Subtype | Single Family Residence |
| Accessibility | Accessible Approach with Ramp |
| County | Wake |
| New Construction | false |
| Property Type | Residential |
| HOA | false |
| Attached Garage | false |
| Subdivision Name | Not in a Subdivision |
| Garage Y/N | false |
| Total Rooms | 8 |
| Full Baths | 2 |
| Status | Active |
| Directions | GPS will get you to the home. |
| High School | Wake - Athens Drive High |
| City | Raleigh |
| Senior Community Y/N | false |
| Open Parking Spaces | 4 |
| Lot Size Units | Acres |
| Lot Size Square Feet | 6098 |
| Elementary School | Wake - Olds Elementary |
| Tax Annual Amount | 2872.67 |
| Middle/Junior High School | Wake - Martin Middle |
| Structure Type | House,Site Built |
| Standard Status | Active |
Interior Features
| Interior Amenities | Laminate Counters,Track Lighting |
|---|---|
| Flooring | Carpet,Luxury Vinyl,Wood |
| Air Conditioning Y/N | true |
| Heating Y/N | true |
| Fireplace Y/N | false |
| Above Grade Finished Area | 1285 |
| Total Bedrooms | 4 |
| Above Grade Finished Area Source | Other |
| Total Baths | 2 |
Exterior Features
| Exterior Amenities | Private Yard,Rain Gutters |
|---|---|
| Fencing | Back Yard,Fenced |
| Parking Features | Concrete,Driveway,Parking Pad |
| Lot Features | Back Yard |
| Water Source | Public |
| Lot Size Area | 0.14 |
| Foundation Details | Crawlspace |
| Building Area Total | 1285 |
| Lot Size Acres | 0.14 |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Single Family Average in 27606
Price
Year Built
In The Neighborhood
Just Listed
Dunn
$ 165,000
201 W Granville Street
Dunn, NC 28334
- Type
- Single Family
- Size
- 1,205 SqFt
- Rooms
- 3 Beds + 1 Baths
Open House
Chapel Hill
$ 335,000
5700 Morrow Mill Road
Chapel Hill, NC 27516
- Type
- Single Family
- Size
- 1,404 SqFt
- Rooms
- 4 Beds + 2 Baths
Just Listed
Franklinton
$ 150,000
2350 W River Road
Franklinton, NC 27525
- Type
- Single Family
- Size
- 1,225 SqFt
- Rooms
- 3 Beds + 1 Baths
Just Listed
Raleigh
$ 1,125,000
1001 Addison Place
Raleigh, NC 27610
- Type
- Single Family
- Size
- 3,200 SqFt
- Rooms
- 5 Beds + 4 Baths
Just Listed
Selma
$ 1,100,000
109 S Raiford Street
Selma, NC 27576
- Type
- Single Family
- Size
- 4,578 SqFt
- Rooms
- 2 Beds + 3 Baths
Just Listed
Oxford
$ 319,000
4679 Harper Renn Road
Oxford, NC 27565
- Type
- Single Family
- Size
- 1,254 SqFt
- Rooms
- 3 Beds + 2 Baths
Just Listed
Durham
$ 250,000
308 E End Avenue
Durham, NC 27703
- Type
- Single Family
- Size
- 840 SqFt
- Rooms
- 2 Beds + 1 Baths
Just Listed
Durham
$ 375,000
1012 Holloway Street
Durham, NC 27701
- Type
- Single Family
- Size
- 1,257 SqFt
- Rooms
- 3 Beds + 2 Baths
Just Listed
Lillington
$ 675,000
2079 Sheriff Johnson Road
Lillington, NC 27546
- Type
- Single Family
- Size
- 1,988 SqFt
- Rooms
- 3 Beds + 3 Baths
Just Listed
Sanford
$ 725,000
347 Curt Dowdy Road 1
Sanford, NC 27330
- Type
- Single Family
- Size
- 3,566 SqFt
- Rooms
- 5 Beds + 4.5 Baths
Just Listed
Louisburg
$ 284,900
439 Lake View Road
Louisburg, NC 27549
- Type
- Single Family
- Size
- 1,760 SqFt
- Rooms
- 3 Beds + 1 Baths
Just Listed
Benson
$ 1,179,900
794 Cobb Road
Benson, NC 27504
- Type
- Single Family
- Size
- 3,844 SqFt
- Rooms
- 3 Beds + 3.5 Baths
Just Listed
Lillington
$ 345,000
1390 Peach Farm Road
Lillington, NC 27546
- Type
- Single Family
- Size
- 1,625 SqFt
- Rooms
- 3 Beds + 2 Baths
