1120 Carlton Ave, Unit 301

Raleigh, NC 27606

$273,000
Price
4
Beds
1,287 Sq. Ft.
$212 / Sq. Ft.
1,287
Sq. Ft.
$212
per Sq. Ft.
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Pending
Pending
0
1
2
3
4
5
6
7
8
9
10

Description

Excellent investment property ideally located within close proximity to NC State University. This spacious third-floor unit features 4 bedrooms and 4 bathrooms, making it highly desirable for student housing or shared living. Remodeled in 2021, the unit offers modern upgrades including new appliances (dishwasher and refrigerator), fresh paint, and durable LVP flooring throughout. HOA initiated a re-roofing project, and it is in progress. Each bedroom includes its own private bathroom and walk-in...Excellent investment property ideally located within close proximity to NC State University. This spacious third-floor unit features 4 bedrooms and 4 bathrooms, making it highly desirable for student housing or shared living. Remodeled in 2021, the unit offers modern upgrades including new appliances (dishwasher and refrigerator), fresh paint, and durable LVP flooring throughout. HOA initiated a re-roofing project, and it is in progress. Each bedroom includes its own private bathroom and walk-in closet, providing maximum privacy and convenience for residents. The property is already tenant-occupied through the end of July at $675 per room ($ 2,700/month), offering immediate rental income. Whether you're expanding your portfolio or looking for a turnkey rental, this property combines location, upgrades, and strong rental appeal.
  1. Listed by Haadi Sadaghiani • Real Broker LLC

Property Details for 1120 Carlton Avenue, Unit 301

View
Yes
Subdivision
University Oaks
HOA Fees
$325.00
LISTING UPDATED: 05/14/2026 12:12 AM

Property Details for 1120 Carlton Avenue, Unit 301

StatusPending
MLS #10155301
Days on Market49
Taxes$2,235 / year
HOA Fees$325 / month
Condo/Co-op Fees-
Property TypeCondo
MLS TypeResidential / Condominium
Year Built1999
CountyWake County
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Location

Listing Courtesy of Real Broker LLC
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Building Information for 1120 Carlton Avenue, Unit 301

Building/Complex1120 Carlton AveFloor3Stories-Residences-Pet Policy-Pet Policy Details-Year Built1999

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$1,886 per month

30 year fixed, 6.46% Interest

Principal and Interest

$1,375

Property Taxes

$186

HOA Dues

$325

The Payment Calculator is for illustrative purposes only.

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Property Information for 1120 Carlton Avenue, Unit 301

Summary
Location and General Information
  • Directions: Western Blvd to Gorman St, right on Avent Ferry Rd, left on Carlton Ave. Property on right. Unit 301 (3rd floor).
  • Subdivision Name: University Oaks
  • Latitude: 35.782962
  • Longitude: -78.689167
  • Road Frontage Type: City Street, Private Road
  • Road Surface Type: Asphalt
Taxes and HOA Information
  • Association Fee Includes: Maintenance Grounds, Maintenance Structure, Road Maintenance, Storm Water Maintenance
  • Association: Yes
  • Total HOA Dues: $325.00
  • HOA 1 Fees Required: Yes
  • Tax Annual Amount: $2,235.48
  • City Limits Of: Raleigh
  • City Limits YN: Yes
  • Lot Number: 0793 29 29
  • Restrictive Covenants YN: Yes
Contract Information
  • Comp Sale YN: No
  • Lease Expiration Date: 2026-07-31
  • Original MLS: Triangle MLS Inc
  • Property Leased YN: Yes
  • Years Owned: 1 or More Year(s)
School Information
  • Elementary School: Wake - Dillard
  • Middle Or Junior School: Wake - Centennial Campus
  • High School: Wake - Athens Dr
Parking
  • Open Parking: Yes
  • Parking Features: Parking Lot, Paved
  • Attached Garage: No
  • Garage: No
Property
Lot Information
  • Building Area Total: 1287.0
  • Architectural Style: Traditional
  • Total Other Area Sq Ft: 0
  • Parcel Number: 0793 29 29
  • Structure Type: Site Built
  • Enhanced Accessible: No
  • Primary Residence YN: No
Property and Assessments
  • New Construction: No
  • Photos Count: 11
  • Below Grade Finished Area: 0.0
  • Below Grade Finished Area Units: Square Feet
  • Senior Community: No
  • Property Condition: Updated/Remodeled
Utilities
  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity Available, Electricity Connected, Sewer Connected, Water Available
  • Water Source: Public
  • Water_Sewer: Public, Public Sewer, Cable Available, Electricity Available, Electricity Connected, Sewer Connected, Water Available
Green Features
  • Green Energy Efficient: Appliances
  • Green Indoor Air Quality: Ventilation
Interior and Exterior Features
Exterior Features
  • Accessibility Features: Accessible Bedroom, Accessible Full Bath, Accessible Kitchen, Accessible Windows
  • Construction Materials: Vinyl Siding
  • Foundation Details: Slab
  • Patio And Porch Features: Covered, Deck
  • Pool Private: No
  • Roof: Shingle
  • New Construction Type: Vinyl Siding, Site Built
Interior Features
  • Levels: Three Or More
  • Master Bedroom 1st Floor: 4
  • Fireplace Y N: No
  • Flooring: Vinyl, Plank
  • Windows Treatment: Blinds
  • Cooling: Central Air
  • Cooling?: Yes
  • Heating: Forced Air
  • Heating?: Yes
  • Appliances: Dishwasher, Dryer, Electric Cooktop, Free-Standing Electric Range, Refrigerator, Washer, Washer/Dryer Stacked, Water Heater
  • Spa Features: None
  • Spa: No
  • Equipment Appliances: Dishwasher, Dryer, Electric Cooktop, Free-Standing Electric Range, Refrigerator, Washer, Washer/Dryer Stacked, Water Heater
  • Interior: Cable Available, Electricity Available, Electricity Connected, Sewer Connected, Water Available, Parking Lot, Paved, Vinyl Siding
  • Equipment: Dishwasher, Dryer, Electric Cooktop, Free-Standing Electric Range, Refrigerator, Washer, Washer/Dryer Stacked, Water Heater, Parking Lot, Paved
Room Information
Room Information
  • Rooms Total: 6.0
Room 1
  • Room Level: Main
  • Room Type: Primary Bedroom
Room 2
  • Room Level: Main
  • Room Type: Bedroom 2
Room 3
  • Room Level: Main
  • Room Type: Bedroom 3
Room 4
  • Room Level: Main
  • Room Type: Bedroom 4
Room 5
  • Room Level: Main
  • Room Type: Kitchen
Room 6
  • Room Level: Main
  • Room Type: Living Room
Agent
Sale and Listing
  • Property Type: Residential
  • Property Class Name: CrossProperty
Rental
Rental Information
  • Lease Term: 12 Months

Property History for 1120 Carlton Avenue, Unit 301

DateEvent & SourcePriceAppreciation
May 13, 2026

Pending

TRIANGLEMLS #10155301

—
Mar 25, 2026

Listed (Active)

TRIANGLEMLS #10155301

$273,000—
Aug 2, 2021

Sold

TRIANGLEMLS #2391588

$220,000—
DateEvent & SourcePrice
05/13/2026

Pending

TRIANGLEMLS #10155301

—
03/25/2026

Listed (Active)

TRIANGLEMLS #10155301

$273,000
08/02/2021

Sold

TRIANGLEMLS #2391588

$220,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1120 Carlton Avenue, Unit 301

Taxable ValueLand-Additions$254,039Total-
Tax Record2025$2,235 ($186 / month)
Home Facts
Beds0Baths3.5Total Finished SqFt1,287 SqFtAbove Grade Finished SqFt1,287 SqFtStories1StyleCondominiumYear Built1999ZoningRX-3CountyWAKEAPN0793.05-29-2951 0256258

Schools near 1120 Carlton Avenue, Unit 301

This home is within Wake County School District.
Rating
School
Type
Grades
Distance
Olds Elementary
Public - PK to 5
Martin Middle
Public - 6 to 8
Athens Drive High
Public - 9 to 12
Wake EC of Information & Biotechnologies
Public - 9 to 12
Rating
School
Distance
Olds Elementary
PublicPK to 5

Martin Middle
Public6 to 8

Athens Drive High
Public9 to 12

Wake EC of Information & Biotechnologies
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Real Broker LLC

Listings marked with a Doorify MLS icon are provided courtesy of the Doorify MLS, of North Carolina, Internet Data Exchange Database. 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. Copyright 2024 Doorify MLS of North Carolina. All rights reserved.