1420 Collegiate Cir
Description
Great opportunity to acquire a low-maintenance, income-producing condo at 1420 Collegiate Circle, Unit 102, ideally located just minutes from NC State University. This ground-level unit sits in a proven rental market with consistent demand from students, faculty, and young professionals. The functional floor plan and easy first-floor access make this unit attractive to renters and simple to manage. Close proximity to I-40, I-440, Downtown...Turnkey Investment Condo Near NC State | High Rental Demand
Great opportunity to acquire a low-maintenance, income-producing condo at 1420 Collegiate Circle, Unit 102, ideally located just minutes from NC State University. This ground-level unit sits in a proven rental market with consistent demand from students, faculty, and young professionals. The functional floor plan and easy first-floor access make this unit attractive to renters and simple to manage. Close proximity to I-40, I-440, Downtown Raleigh, shopping, dining, PNC Arena, and State Fairgrounds further strengthens long-term rental appeal. Condo living offers predictable expenses and minimal exterior maintenance, making this property well-suited for buy-and-hold investors, portfolio additions, or first-time investors seeking reliable occupancy. Strong location. Immediate rental potential. Priced to move.
- Listed by Casey Styers • EXP Realty LLC
Property Details for 1420 Collegiate Circle
Property Details for 1420 Collegiate Circle
| Status | Active |
|---|---|
| MLS # | 10141240 |
| Days on Market | 9 |
| Taxes | $2,377 / year |
| HOA Fees | $202 / month |
| Condo/Co-op Fees | - |
| Compass Type | Condo |
| MLS Type | Residential / Apartment |
| Year Built | 1997 |
| County | Wake County |
Location
Building Information for 1420 Collegiate Circle
Payment Calculator
$1,813 per month
30 year fixed, 6.15% Interest
$1,413
$198
$202
Property Information for 1420 Collegiate Circle
- 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
- 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
- Lease Expiration Date: 2026-08-31
- Original MLS: Triangle MLS Inc
- Property Leased YN: Yes
- Years Owned: 1 or More Year(s)
- Elementary School: Wake County Schools
- Middle Or Junior School: Wake County Schools
- High School: Wake County Schools
- Garage: No
- 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
- New Construction: No
- Photos Count: 30
- Property Attached: Yes
- Below Grade Finished Area: 0.0
- Below Grade Finished Area Units: Square Feet
- Senior Community: No
- Sewer: Public Sewer
- Utilities: Cable Available
- Water Source: Public
- Water_Sewer: Public, Public Sewer, Cable Available
- Construction Materials: Vinyl Siding
- Foundation Details: Slab
- Pool Private: No
- Roof: Tile
- New Construction Type: Vinyl Siding, Other
- Levels: One
- Master Bedroom 1st Floor: 4
- Flooring: Vinyl
- Cooling: Central Air
- Cooling?: Yes
- Heating: Electric
- Heating?: Yes
- Interior: Cable Available, Vinyl Siding
- Rooms Total: 4.0
- Room Level: Main
- Room Type: Primary Bedroom
- Room Level: Main
- Room Type: Bedroom 2
- Room Level: Main
- Room Type: Bedroom 3
- Room Level: Main
- Room Type: Bedroom 4
- Property Type: Residential
- Property Class Name: CrossProperty
- Lease Term: 12 Months
Property History for 1420 Collegiate Circle
| Date | Event & Source | Price | Appreciation |
|---|---|---|---|
| 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) TRIANGLEMLS #757596 | $101,000 | — |
| Aug 1, 2004 | Listed (Active) AMLS #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 | — |
| Date | Event & Source | Price |
|---|---|---|
| 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) TRIANGLEMLS #757596 | $101,000 |
| 08/01/2004 | Listed (Active) AMLS #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
Schools near 1420 Collegiate Circle
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.
Similar Homes
Similar Sold Homes
Explore Nearby Homes
- Avent West Homes for Sale
- Bryn Mawr Homes for Sale
- Cardinal Hills Homes for Sale
- Driftwood Estates Homes for Sale
- Dutch Village Homes for Sale
- Enchanted Oaks Homes for Sale
- Kentwood Homes for Sale
- Lake Park Condominiums Homes for Sale
- Meredith Township - Wake County Homes for Sale
- Method Homes for Sale
- Northwest Raleigh Homes for Sale
- Oakton Homes for Sale
- Powell Townes Homes for Sale
- Pullen Park Homes for Sale
- Raleigh Township - Wake County Homes for Sale
- Raleigh Homes for Sale
- Cary Homes for Sale
- Garner Homes for Sale
- Fuquay-Varina Homes for Sale
- Apex Homes for Sale
- Holly Springs Homes for Sale
- Morrisville Homes for Sale
- New Hill Homes for Sale
- Knightdale Homes for Sale
- Durham Homes for Sale
- Willow Spring Homes for Sale
- Angier Homes for Sale
- Clayton Homes for Sale
- Wake Forest Homes for Sale
- Wendell Homes for Sale
- 27605 Homes for Sale
- 27607 Homes for Sale
- 27511 Homes for Sale
- 27518 Homes for Sale
- 27539 Homes for Sale
- 27603 Homes for Sale
- 27601 Homes for Sale
- 27513 Homes for Sale
- 27604 Homes for Sale
- 27612 Homes for Sale
- 27608 Homes for Sale
- 27690 Homes for Sale
- 27610 Homes for Sale
- 27697 Homes for Sale
- 27526 Homes for Sale
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.
