Active
4 beds1,071 sqft
1420 Collegiate Cir, Unit 102, Raleigh, NC 27606
Est: $1,907/moGet pre-approved
Multi FamilyProperty Type
1997Year Built
$271/sq ftPrice per sq ft
$202/moHOA Fees

Description

Cash-flowing investment near NC State -- priced to move at $290K 4 bed · 4 bath Near NCSU Investment property Attention investors -- this is the one you've been waiting for. It is a spacious 4-bedroom, 4-bathroom apartment just minutes from NC State University, offering immediate rental income potential in one of Raleigh's most consistently in-demand rental corridors. With four private bedrooms, this unit is perfectly configured for student housing or young professionals commanding strong per-room...Cash-flowing investment near NC State -- priced to move at $290K 4 bed · 4 bath Near NCSU Investment property Attention investors -- this is the one you've been waiting for. It is a spacious 4-bedroom, 4-bathroom apartment just minutes from NC State University, offering immediate rental income potential in one of Raleigh's most consistently in-demand rental corridors. With four private bedrooms, this unit is perfectly configured for student housing or young professionals commanding strong per-room rental rates year after year. Come in making money from day one. This is a rare opportunity to add a high-performing asset to your portfolio at an accessible entry point. Whether you're a seasoned investor or making your first move into real estate, the numbers work here. Schedule your showing today opportunities like this don't sit long.
49 days on Market
  • Listed by: Casey Styers 336.416.3078 cbstyers@gmail.com Brokerage DRE #C38854 • EXP Realty LLC
Last updated: 09/10/2026 12:26 PM • Source: Doorify MLS (fka Triangle MLS), MLS#: 10183463

Location

Listing Courtesy of EXP Realty LLC
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Payment Calculator

$1,907 per month

30 year fixed, 6.71% Interest

Principal and Interest

$1,499

Property Taxes

$206

HOA Dues

$202

The Payment Calculator is for illustrative purposes only.

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Property Information for 1420 Collegiate Circle, Unit 102

Property Details
  • Taxes: $2,477 / year
  • MLS Type: Residential / Apartment
  • Lot Size: 0.00 AC / 0 SF
  • County: Wake County
  • Subdivision: University Commons Lake Pk
Building Information
  • Year Built: 1997
  • Lot Size: 0.00 AC / 0 SF
Summary
Location and General Information
  • Directions: rom I-40, take Exit 295 (Gorman Street) toward Raleigh/State Fairgrounds. Head north on Gorman Street, then turn left onto Avent Ferry Road. Continue approximately 0.7 miles and turn left onto Crab Orchard Drive. Enter the University Commons/Lake Park community and turn left onto Collegiate Circle. Continue to 1420 Collegiate Circle. The building will be on the right-hand side, just past the community pool toward the end of the street near the tree line.
  • Subdivision Name: University Commons Lake Pk
  • Latitude: 35.761921
  • Longitude: -78.701293
Taxes and HOA Information
  • Association Fee: $202.00
  • Association Fee Frequency: Monthly
  • Association Fee Includes: Unknown
  • Association Name: WIlson Property Management
  • Association Phone2: 919-782-1717
  • Association: Yes
  • HOA 1 Fees Required: Yes
  • Tax Annual Amount: $2,477.00
  • City Limits Of: Raleigh
  • Has City Limits: Yes
  • Has Restrictive Covenants: Yes
Contract Information
  • Has Comp Sale: No
  • Lease Expiration Date: 2026-08-31
  • Original MLS: Triangle MLS Inc
  • Has Property Leased: 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
  • Parking Features: Open, Parking Lot, Unassigned
  • Garage: No
Property
Lot Information
  • Building Area Total: 1071.0
  • Architectural Style: Traditional
  • Parcel Number: 0783826312
  • Structure Type: Other
  • Enhanced Accessible: No
  • Has Main Level Bedrooms: Yes
  • Has Primary Residence: No
Property and Assessments
  • New Construction: No
  • Community Features: Curbs, Pool
  • Senior Community: No
Utilities
  • Sewer: Public Sewer
  • Utilities: Cable Available
  • Water Source: Public
Interior and Exterior Features
Exterior Features
  • Association Amenities: Basketball Court, Parking, Pool, Sport Court
  • Construction Materials: Vinyl Siding
  • Foundation Details: Slab
  • Patio And Porch Features: Covered, Enclosed, Front Porch, Porch
  • Roof: Tile
  • Security Features: Fire Sprinkler System, Smoke Detector(s)
  • New Construction Type: Other, Vinyl Siding
Interior Features
  • Levels: One
  • Main Level Bedrooms: 4
  • Master Bedroom 1st Floor: Yes
  • Flooring: Vinyl, Wood
  • Cooling: Central Air, Ceiling Fan(s)
  • Has Cooling: Yes
  • Heating: Electric
  • Has Heating: Yes
  • Appliances: Dryer, Dishwasher, Electric Range, Free-Standing Refrigerator, Microwave, Range, Refrigerator, Washer, Washer/Dryer
  • Laundry Features: Laundry Closet, Electric Dryer Hookup, In Hall, Inside
  • Interior Features: Ceiling Fan(s), Laminate Counters, Open Floorplan, Walk-In Closet(s)
Room Information
Room 1
  • Type: Primary Bedroom
  • Level: Main
Room 2
  • Type: Bedroom 2
  • Level: Main
Room 3
  • Type: Bedroom 3
  • Level: Main
Room 4
  • Type: Bedroom 4
  • Level: Main
Rental
Rental Information
  • Lease Term: 12 Months

Property History for 1420 Collegiate Circle, Unit 102

DateEvent & SourcePriceAppreciation
Jul 30, 2026

Listed (Active)

Doorify MLS (fka Triangle MLS) #10183463

$290,000
Jul 1, 2026

Expired

Doorify MLS (fka Triangle MLS) #10141240

$290,000
Jan 17, 2026

Listed (Active)

Doorify MLS (fka Triangle MLS) #10141240

$290,000
DateEvent & SourcePrice
07/30/2026

Listed (Active)

Doorify MLS (fka Triangle MLS) #10183463

$290,000
07/01/2026

Expired

Doorify MLS (fka Triangle MLS) #10141240

$290,000
01/17/2026

Listed (Active)

Doorify MLS (fka Triangle MLS) #10141240

$290,000

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

Public Records for 1420 Collegiate Circle, Unit 102

Taxable ValueLand-Additions$270,312Total-
Tax Record2025$2,377 ($198 / month)
Home Facts
Beds0Baths3.5Total Finished SqFt1,219 SqFtAbove Grade Finished SqFt1,219 SqFtStories1StyleCondominiumYear Built1999Year Renovated1999ZoningR-10CountyWAKEAPN0783.16-82-6312-002

Schools near 1420 Collegiate Circle, 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.

Similar Homes

1420 Collegiate Circle, Unit 102 is a multi-family home for sale in Raleigh, NC 27606. This property was listed for sale on July 30, 2026 by EXP Realty LLC, it's currently listed at $290,000. It has been on the market for a total of 49 days and was last sold on April 13, 2023. 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, Unit 102 is a 4-bed, 4-bath, 1,071 sqft multi-family home built in 1997.

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 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.