Sold
Last Sold Price
4 beds1,215 sqft$235/sqft
1230 University Ct, Unit 102, Raleigh, NC 27606
Multi FamilyProperty Type
1997Year Built
$235/sq ftPrice per sq ft
$203/moHOA Fees

Description

Immediate cash flow opportunity awaits at this unbeatable 4 BEDROOM 4 BATHROOM condo just minutes to all that Raleigh has to offer! Investors are welcome as this property has previously been used as a rental with 4 tenants. Currently occupied by 3 tenants with an August 1, 2025 move out date. Property allowed for 30 day minimum rentals. Very close to NC state, walking trails, highways, RDU, downtown Raleigh, and so much more. HOA includes pool, basketball court ,and volleyball court.Immediate cash flow opportunity awaits at this unbeatable 4 BEDROOM 4 BATHROOM condo just minutes to all that Raleigh has to offer! Investors are welcome as this property has previously been used as a rental with 4 tenants. Currently occupied by 3 tenants with an August 1, 2025 move out date. Property allowed for 30 day minimum rentals. Very close to NC state, walking trails, highways, RDU, downtown Raleigh, and so much more. HOA includes pool, basketball court ,and volleyball court.
  • Listed by: Courtney Elstad • Coast 2 Coast Real Estate Conn
Listing closed: 08/11/2025 12:15 PM • Source: TRIANGLEMLS, MLS#: 10098571

Recent comparable sales

Median sold price

$279,500

Avg days on market

23

Sale-to-list ratio

96.0%

Raleigh, NC

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Location

Listing Courtesy of Coast 2 Coast Real Estate Conn

Sold By NorthGroup Real Estate, Inc.

Add your commute

Payment Calculator

$1,846 per month

30 year fixed, 6.55% Interest

Principal and Interest

$1,449

Property Taxes

$194

HOA Dues

$203

The Payment Calculator is for illustrative purposes only.

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Property Information for 1230 University Court, Unit 102

Property Details
  • Taxes: $2,327 / year
  • MLS Type: Residential Income / Condominium
  • County: Wake County
  • View: Yes
  • Subdivision: University Commons Lake Pk
Building Information
  • Residences: 4
  • Year Built: 1997
Summary
Location and General Information
  • Subdivision Name: University Commons Lake Pk
  • Latitude: 35.76341
  • Longitude: -78.702099
Taxes and HOA Information
  • Association Fee Includes: Maintenance Grounds, Maintenance Structure, Pest Control, Road Maintenance, Storm Water Maintenance
  • Association: Yes
  • Total HOA Dues: $184.00
  • HOA 1 Fees Required: Yes
  • Tax Annual Amount: $2,327.43
  • City Limits Of: Raleigh
  • City Limits YN: Yes
  • Lot Number: 102
  • Restrictive Covenants YN: Yes
Contract Information
  • Comp Sale YN: No
  • Lease Expiration Date: 2025-08-01
  • Original MLS: Triangle MLS Inc
  • Property Leased YN: Yes
  • Due Diligence Expiration Date: 2025-07-16
School Information
  • Elementary School: Wake - Combs
  • Middle Or Junior School: Wake - Centennial Campus
  • High School: Wake - Athens Dr
Parking
  • Open Parking: Yes
  • Parking Features: Additional Parking, Parking Lot
  • Attached Garage: No
Property
Lot Information
  • Building Area Total: 1215.0
  • Total Other Area Sq Ft: 0
  • Parcel Number: 0783820969
  • Sold PriceList Price: 0.98
Property and Assessments
  • New Construction: No
  • Photos Count: 27
  • Below Grade Finished Area: 0.0
  • Below Grade Finished Area Units: Square Feet
Utilities
  • Sewer: Public Sewer
  • Water Source: Public
  • Water_Sewer: Public, Public Sewer
Interior and Exterior Features
Exterior Features
  • Construction Materials: Vinyl Siding
  • Foundation Details: Raised
  • Pool Features: In Ground
  • Pool Private: No
  • Roof: Other
  • New Construction Type: Vinyl Siding
Interior Features
  • Levels: One
  • Flooring: Carpet
  • Cooling: Central Air
  • Cooling?: Yes
  • Heating: Forced Air
  • Heating?: Yes
  • Interior: Additional Parking, Parking Lot, Vinyl Siding
  • Equipment: Additional Parking, Parking Lot
Multi Family
Unit Information
  • Total Units: 4
Agent
Sale and Listing
  • Property Type: Residential Income
  • Property Class Name: CrossProperty
Rental
Rental Information
  • Lease Term: Month To Month
Units Information
Unit One
  • Unit One: Actual Rent: 800.0
Unit Two
  • Unit Two: Actual Rent: 780.0
Unit Three
  • Unit Three: Actual Rent: 0.0
Unit Four
  • Unit Four: Actual Rent: 0.0

Property History for 1230 University Court, Unit 102

DateEvent & SourcePriceAppreciation
Aug 11, 2025

Sold

TRIANGLEMLS #10098571

Aug 11, 2025

Pending

TRIANGLEMLS #10098571

Aug 8, 2025

Sold

TRIANGLEMLS #10098571

$285,000
DateEvent & SourcePrice
08/11/2025

Sold

TRIANGLEMLS #10098571

08/11/2025

Pending

TRIANGLEMLS #10098571

08/08/2025

Sold

TRIANGLEMLS #10098571

$285,000

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

Public Records for 1230 University Court, Unit 102

Taxable ValueLand-Additions$265,680Total-
Tax Record2025$2,337 ($195 / month)
Home Facts
Beds0Baths3.5Total Finished SqFt1,219 SqFtAbove Grade Finished SqFt1,219 SqFtStories1StyleCondominiumYear Built1997ZoningR-10CountyWAKEAPN0783.16-82-0969 0239614

Schools near 1230 University Court, Unit 102

This home is within Wake County School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Combs Elementary
PublicPK to 5

Centennial Campus Middle
Public6 to 8

Athens Drive High
Public9 to 12

SCORE Academy
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 any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim 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 seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Coast 2 Coast Real Estate Conn

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.