1420 Collegiate Cir

Raleigh, NC 27606

$290,000
Price
4
Beds
1,071 Sq. Ft.
$271 / Sq. Ft.
1,071
Sq. Ft.
$271
per Sq. Ft.
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Description

Prime NC State investment opportunity! This 4-bedroom, 4-bath condo in Raleigh offers the ideal layout for student housing or long-term rental income. Each bedroom features its own private bathroom, creating strong appeal for roommates and maximizing rental potential. The functional floor plan includes a shared living area and kitchen, making it perfect for students or young professionals. Located just minutes from NC State University, Lake Johnson, Downtown Raleigh, I-40, I-440, PNC Arena, and the...Prime NC State investment opportunity! This 4-bedroom, 4-bath condo in Raleigh offers the ideal layout for student housing or long-term rental income. Each bedroom features its own private bathroom, creating strong appeal for roommates and maximizing rental potential. The functional floor plan includes a shared living area and kitchen, making it perfect for students or young professionals. Located just minutes from NC State University, Lake Johnson, Downtown Raleigh, I-40, I-440, PNC Arena, and the State Fairgrounds, this property sits in one of Raleigh's most desirable rental corridors with consistent tenant demand year-round. Enjoy top-floor privacy, low-maintenance condo living, and predictable expenses with HOA coverage. Whether you're looking for a turnkey income-producing property, student rental, or portfolio addition, this condo checks all the boxes. Strong rental demand, unbeatable location, and immediate income potential make this a smart buy in the heart of West Raleigh.
  1. Listed by Casey Styers • EXP Realty LLC

Property Details for 1420 Collegiate Circle

View
Yes
Showings Expected to Begin
01-17-2026
Subdivision
University Commons Lake Pk
HOA Fees
$202.00
LISTING UPDATED: 03/14/2026 01:29 PM

Property Details for 1420 Collegiate Circle

StatusActive
MLS #10141240
Days on Market68
Taxes$2,377 / year
HOA Fees$202 / month
Condo/Co-op Fees-
Compass TypeCondo
MLS TypeResidential / Condominium
Year Built1997
CountyWake County
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Location

Listing Courtesy of EXP Realty LLC
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Building Information for 1420 Collegiate Circle

Building/Complex1420 Collegiate CirFloor-Stories-Residences-Pet Policy-Pet Policy Details-Year Built1997

Payment Calculator

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$1,807 per month

30 year fixed, 6.11% Interest

Principal and Interest

$1,407

Property Taxes

$198

HOA Dues

$202

The Payment Calculator is for illustrative purposes only.

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Property Information for 1420 Collegiate Circle

Summary
Location and General Information
  • Directions: Take I-40 to Exit 295 (Gorman Street) — this is the exit for Gorman Street toward Raleigh/State Fairgrounds. Head north on Gorman Street after exiting the freeway. Turn left onto Avent Ferry Road. Continue on Avent Ferry, then turn left onto Crab Orchard Drive. Follow Crab Orchard Drive into the Lake Park/University Commons Turn left on Collegiate
  • Subdivision Name: University Commons Lake Pk
  • Latitude: 35.761918
  • Longitude: -78.701288
Taxes and HOA Information
  • Association Fee Includes: Unknown
  • Association: Yes
  • Total HOA Dues: $202.00
  • HOA 1 Fees Required: Yes
  • Tax Annual Amount: $2,377.30
  • City Limits Of: Raleigh
  • City Limits YN: Yes
  • Lot Number: 0
  • Restrictive Covenants YN: Yes
Contract Information
  • Lease Expiration Date: 2026-08-31
  • Original MLS: Triangle MLS Inc
  • Property Leased YN: Yes
  • Years Owned: 1 or More Year(s)
School Information
  • Elementary School: Wake County Schools
  • Middle Or Junior School: Wake County Schools
  • High School: Wake County Schools
Parking
  • Open Parking: Yes
  • Garage: No
Property
Lot Information
  • Building Area Total: 1071.0
  • Architectural Style: Traditional
  • Total Other Area Sq Ft: 0
  • Parcel Number: 0783826312
  • Structure Type: Other
  • Enhanced Accessible: No
  • Primary Residence YN: No
Property and Assessments
  • New Construction: No
  • Photos Count: 30
  • Below Grade Finished Area: 0.0
  • Below Grade Finished Area Units: Square Feet
  • Senior Community: No
Utilities
  • Sewer: Public Sewer
  • Utilities: Cable Available
  • Water Source: Public
  • Water_Sewer: Public, Public Sewer, Cable Available
Interior and Exterior Features
Exterior Features
  • Construction Materials: Vinyl Siding
  • Foundation Details: Slab
  • Pool Private: No
  • Roof: Tile
  • New Construction Type: Vinyl Siding, Other
Interior Features
  • Levels: One
  • Master Bedroom 1st Floor: 4
  • Flooring: Vinyl
  • Cooling: Central Air
  • Cooling?: Yes
  • Heating: Electric
  • Heating?: Yes
  • Interior: Cable Available, Vinyl Siding
Room Information
Room Information
  • Rooms Total: 4.0
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
Agent
Sale and Listing
  • Property Type: Residential
  • Property Class Name: CrossProperty
Rental
Rental Information
  • Lease Term: 12 Months

Property History for 1420 Collegiate Circle

DateEvent & SourcePriceAppreciation
Jan 17, 2026

Listed (Active)

TRIANGLEMLS #10141240

$290,000—
Jan 13, 2026

Listed (Active)

TRIANGLEMLS #10141240

$290,000—
Nov 15, 2024

Sold (Public Record)

Public Record #1545578698

$305,000

+34.4% / yr

May 2, 2024

Sold (Public Record)

Public Record #1531531230

$260,000—
May 1, 2024

Sold (Public Record)

Public Record #1531531177

$260,000

+10.6% / yr

Jun 9, 2015

Sold (Public Record)

Public Record #549562099

$106,000

+0.6% / yr

Aug 23, 2007

Sold

TRIANGLEMLS #916172

$102,000—
Aug 23, 2007

Sold

TRIANGLEMLS #916172

$102,000—
Jul 24, 2007

Sold (Public Record)

Public Record #223182237

$101,000—
Jul 14, 2007

Pending

TRIANGLEMLS #916172

—
Mar 2, 2007

Listed (Active)

TRIANGLEMLS #916172

$101,900—
Mar 2, 2007

Listed (Active)

TRIANGLEMLS #916172

$101,900—
Feb 24, 2005

Sold

TRIANGLEMLS #757596

$103,000—
Feb 24, 2005

Sold

TRIANGLEMLS #757596

$103,000—
Feb 24, 2005

Sold

AMLS #757596

$103,000—
Feb 17, 2005

Pending

TRIANGLEMLS #757596

—
Aug 1, 2004

Listed (Active)

AMLS #757596

$101,000—
Aug 1, 2004

Listed (Active)

TRIANGLEMLS #757596

$101,000—
Aug 1, 2004

Listed (Active)

TRIANGLEMLS #757596

$101,000—
Apr 29, 2002

Sold

TRIANGLEMLS #611850

$104,900—
Apr 29, 2002

Sold

TRIANGLEMLS #611850

$104,900—
Apr 29, 2002

Sold

AMLS #611850

$104,900—
Mar 23, 2002

Pending

TRIANGLEMLS #611850

—
Sep 20, 2001

Listed (Active)

AMLS #611850

$109,000—
Sep 20, 2001

Listed (Active)

TRIANGLEMLS #611850

$109,000—
Sep 20, 2001

Listed (Active)

TRIANGLEMLS #611850

$109,000—
DateEvent & SourcePrice
01/17/2026

Listed (Active)

TRIANGLEMLS #10141240

$290,000
01/13/2026

Listed (Active)

TRIANGLEMLS #10141240

$290,000
11/15/2024

Sold (Public Record)

Public Record #1545578698

$305,000

+34.4% / yr

05/02/2024

Sold (Public Record)

Public Record #1531531230

$260,000
05/01/2024

Sold (Public Record)

Public Record #1531531177

$260,000

+10.6% / yr

06/09/2015

Sold (Public Record)

Public Record #549562099

$106,000

+0.6% / yr

08/23/2007

Sold

TRIANGLEMLS #916172

$102,000
08/23/2007

Sold

TRIANGLEMLS #916172

$102,000
07/24/2007

Sold (Public Record)

Public Record #223182237

$101,000
07/14/2007

Pending

TRIANGLEMLS #916172

—
03/02/2007

Listed (Active)

TRIANGLEMLS #916172

$101,900
03/02/2007

Listed (Active)

TRIANGLEMLS #916172

$101,900
02/24/2005

Sold

TRIANGLEMLS #757596

$103,000
02/24/2005

Sold

TRIANGLEMLS #757596

$103,000
02/24/2005

Sold

AMLS #757596

$103,000
02/17/2005

Pending

TRIANGLEMLS #757596

—
08/01/2004

Listed (Active)

AMLS #757596

$101,000
08/01/2004

Listed (Active)

TRIANGLEMLS #757596

$101,000
08/01/2004

Listed (Active)

TRIANGLEMLS #757596

$101,000
04/29/2002

Sold

TRIANGLEMLS #611850

$104,900
04/29/2002

Sold

TRIANGLEMLS #611850

$104,900
04/29/2002

Sold

AMLS #611850

$104,900
03/23/2002

Pending

TRIANGLEMLS #611850

—
09/20/2001

Listed (Active)

AMLS #611850

$109,000
09/20/2001

Listed (Active)

TRIANGLEMLS #611850

$109,000
09/20/2001

Listed (Active)

TRIANGLEMLS #611850

$109,000

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

Public Records for 1420 Collegiate Circle

Taxable ValueLand-Additions$270,312Total-
Tax Record2025$2,377 ($198 / month)
Home Facts
Beds0Baths3.5Total Finished SqFt1,219 SqFtAbove Grade Finished SqFt1,219 SqFtStories1StyleCondominiumYear Built1999ZoningR-10CountyWAKEAPN0783.16-82-6312 0256625

Schools near 1420 Collegiate Circle

This home is within Wake County School District.
Rating
School
Type
Grades
Distance
Combs Elementary
Public - PK to 5
Centennial Campus Middle
Public - 6 to 8
Athens Drive High
Public - 9 to 12
SCORE Academy
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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More information about 1420 Collegiate Circle, Raleigh, NC 27606

1420 Collegiate Circle is a condo for sale in Raleigh, NC 27606. This property was listed for sale on January 13, 2026 by EXP Realty LLC, it's currently listed at $290,000. It has been on the market for a total of 68 days and was last sold on November 15, 2024. This listing's school district is Wake County School District. Nearby schools include Combs Elementary, Centennial Campus Middle and Athens Drive High. 1420 Collegiate Circle is a 4-bed, 4-bath, 1,071 sqft condo built in 1997.

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 EXP Realty 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.