206 Ashe Ave

Raleigh, NC 27605

$1,295,000
Price
6
Beds
2,610 Sq. Ft.
$496 / Sq. Ft.
2,610
Sq. Ft.
$496
per Sq. Ft.
Listed By Compass
Listed By Compass
a front view of a house with a yard
a view of a house with a small yard and wooden floor and fence
a view of a balcony with chairs and potted plants
a view of front door of house with stairs
a view of a hallway with wooden floor and a chandelier
a view of entryway with wooden floor
a front view of a house with a yard outdoor seating
a view of a large building
a view of a chairs in balcony
a balcony with table and chairs
a view of a hallway with wooden floor
a living room with furniture and a flat screen tv
a living room with furniture and a chandelier
a view of a dining room with furniture and chandelier
a kitchen with cabinets and a window
a kitchen with white cabinets and white appliances
a kitchen with stainless steel appliances granite countertop a refrigerator and a stove
a view of kitchen with furniture and wooden floor
a cabinet with food on it and a painting on the wall
a view of washer and dryer
a utility room with dryer and washer
a bed room with a bed tv and a window
a bedroom with a large bed and a chandelier
a bathroom with a double vanity sink a toilet and a mirror
a view of a hallway with wooden floor
a bedroom with a bed a chandelier and dresser
a living room with furniture a fireplace and a flat screen tv
a bedroom with a bed and a flat screen tv
a kitchen with a sink a stove and cabinets
a bathroom with a granite countertop sink toilet and shower
a view of a house with a deck
a front view of a house with a yard
a view of backyard with a large tree
a front view of a house with a yard
a view of yard with outdoor seating
a picture of a floor plan

Description

This beautiful NCSU cash-flow student rental is in amazing shape. beautiful original hardwood floors support 6 large bedrooms in comfort and style. Walk to NCSU and all the extras that are near. (Jade Garden the bakery, etc) income is $6500/mo. with leases until next (2027 School year) July at $6750. There is an easement that allows the neighbor to use the shared driveway.This beautiful NCSU cash-flow student rental is in amazing shape. beautiful original hardwood floors support 6 large bedrooms in comfort and style. Walk to NCSU and all the extras that are near. (Jade Garden the bakery, etc) income is $6500/mo. with leases until next (2027 School year) July at $6750. There is an easement that allows the neighbor to use the shared driveway.

Property Details for 206 Ashe Avenue

View
Yes
Subdivision
Not in a Subdivision
LISTING UPDATED: 11/28/2025 04:24 PM

Property Details for 206 Ashe Avenue

StatusActive
MLS #10135162
Days on Market25
Taxes$5,688 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Single Family Residence
Year Built1901
Lot Size0.17 AC / 7,405 SF
CountyWake County

Location

Add your commute

Building Information for 206 Ashe Avenue

Stories2Residences1Year Built1901Building Size-Lot Size0.17 AC / 7,405 SF

Payment Calculator

$6,873 per month

30 year fixed, 6.28% Interest

Principal and Interest

$6,399

Property Taxes

$474

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 206 Ashe Avenue

Summary
Location and General Information
  • Directions: Use GPS
  • Subdivision Name: Not in a Subdivision
  • Latitude: 35.781976
  • Longitude: -78.658973
  • Road Surface Type: Asphalt
Taxes and HOA Information
  • Association: No
  • Tax Annual Amount: $5,688.28
  • City Limits Of: Raleigh
  • City Limits YN: Yes
  • Lot Number: 206
  • Restrictive Covenants YN: No
Contract Information
  • Lease Expiration Date: 2027-07-15
  • Original MLS: Triangle MLS Inc
  • Property Leased YN: Yes
  • Years Owned: 15
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: Deeded, Gravel, Kitchen Level, No Garage, Off Street, On Site, Open, Outside, Oversized, Parking Lot, Parking Pad
  • Attached Garage: No
Property
Lot Information
  • Building Area Total: 2610.0
  • Lot Features: Back Yard, Cleared, Front Yard, Interior Lot
  • Total Other Area Sq Ft: 0
  • Number Of Buildings: 1
  • Parcel Number: 170305191740000 0038433
  • Structure Type: Multi Family
Property and Assessments
  • New Construction: No
  • Photos Count: 37
  • Below Grade Finished Area: 0.0
  • Below Grade Finished Area Units: Square Feet
  • Common Walls: No Common Walls, No One Above, No One Below
  • Community Features: Sidewalks, Street Lights
Utilities
  • Sewer: Public Sewer
  • Water Source: Public
  • Water_Sewer: Public, Public Sewer
Interior and Exterior Features
Exterior Features
  • Construction Materials: Brick
  • Exterior Features: Permeable Paving, Private Entrance, Private Yard, Rain Gutters, Storage
  • Foundation Details: Brick/Mortar, Permanent, Slab
  • Patio And Porch Features: Covered, Front Porch, Porch, Rear Porch
  • Pool Private: No
  • Roof: Asphalt, Shingle
  • New Construction Type: Brick, Multi Family
Interior Features
  • Levels: Bi-Level
  • Stories: 2
  • Basement Description: Full, Storage Space, Unfinished
  • Flooring: Tile, Wood
  • Cooling: Central Air, Gas
  • Cooling?: Yes
  • Heating: Central
  • Heating?: Yes
  • Appliances: Built-In Electric Range, Built-In Range, Dishwasher, Dryer, Free-Standing Refrigerator, Gas Water Heater, Ice Maker, Induction Cooktop, Oven, Plumbed For Ice Maker, Refrigerator, Washer, Washer/Dryer, Water Heater
  • Laundry Features: Common Area, Lower Level
  • Interior Features: Bathtub/Shower Combination, Ceiling Fan(s), Granite Counters, Pantry, Master Downstairs, Smooth Ceilings, Stone Counters, Storage
  • Equipment Appliances: Built-In Electric Range, Built-In Range, Dishwasher, Dryer, Free-Standing Refrigerator, Gas Water Heater, Ice Maker, Induction Cooktop, Oven, Plumbed For Ice Maker, Refrigerator, Washer, Washer/Dryer, Water Heater
  • Interior: Deeded, Gravel, Kitchen Level, No Garage, Off Street, On Site, Open, Outside, Oversized, Parking Lot, Parking Pad, Brick, Common Area, Lower Level
  • Equipment: Built-In Electric Range, Built-In Range, Dishwasher, Dryer, Free-Standing Refrigerator, Gas Water Heater, Ice Maker, Induction Cooktop, Oven, Plumbed For Ice Maker, Refrigerator, Washer, Washer/Dryer, Water Heater, Common Area, Lower Level, Deeded, Gravel, Kitchen Level, No Garage, Off Street, On Site, Open, Outside, Oversized, Parking Lot, Parking Pad
Multi Family
Unit Information
  • Total Units: 1
Agent
Sale and Listing
  • Property Type: Residential Income
  • Property Class Name: CrossProperty
Rental
Rental Information
  • Lease Term: 12 Months
  • TenantPays: All Utilities
Units Information
Unit One
  • Unit One: Actual Rent: 6500.0
  • Unit One: Baths Total: 2.0
  • Unit One: Beds Total: 6.0
  • Unit One: Levels: Two
Unit Two
  • Unit Two: Actual Rent: 0.0
Unit Three
  • Unit Three: Actual Rent: 0.0
Unit Four
  • Unit Four: Actual Rent: 0.0

Property History for 206 Ashe Avenue

DateEvent & SourcePriceAppreciation
Nov 28, 2025

Listed (Active)

TRIANGLEMLS #10135162

$1,295,000—
Mar 5, 2010

Sold

TRIANGLEMLS #1690155

$310,000—
Mar 5, 2010

Sold

AMLS #1692427

$310,000—
Mar 5, 2010

Sold

TRIANGLEMLS #1690155

$310,000—
Mar 5, 2010

Sold

TRIANGLEMLS #1692427

$310,000—
Mar 3, 2010

Sold (Public Record)

Public Record #283602416

$310,000—
Mar 3, 2010

Sold (Public Record)

Public Record #283602416

$310,000

+2.3% / yr

Feb 4, 2010

Pending

TRIANGLEMLS #1690155

—
Oct 9, 2009

Listed (Active)

TRIANGLEMLS #1692427

$399,900—
Oct 9, 2009

Listed (Active)

TRIANGLEMLS #1690155

$399,900—
Oct 9, 2009

Listed (Active)

AMLS #1692427

$399,900—
Oct 9, 2009

Listed (Active)

TRIANGLEMLS #1690155

$399,900—
Sep 12, 2008

Sold (Public Record)

Public Record #253379840

$300,000—
DateEvent & SourcePrice
11/28/2025

Listed (Active)

TRIANGLEMLS #10135162

$1,295,000
03/05/2010

Sold

TRIANGLEMLS #1690155

$310,000
03/05/2010

Sold

AMLS #1692427

$310,000
03/05/2010

Sold

TRIANGLEMLS #1690155

$310,000
03/05/2010

Sold

TRIANGLEMLS #1692427

$310,000
03/03/2010

Sold (Public Record)

Public Record #283602416

$310,000
03/03/2010

Sold (Public Record)

Public Record #283602416

$310,000

+2.3% / yr

02/04/2010

Pending

TRIANGLEMLS #1690155

—
10/09/2009

Listed (Active)

TRIANGLEMLS #1692427

$399,900
10/09/2009

Listed (Active)

TRIANGLEMLS #1690155

$399,900
10/09/2009

Listed (Active)

AMLS #1692427

$399,900
10/09/2009

Listed (Active)

TRIANGLEMLS #1690155

$399,900
09/12/2008

Sold (Public Record)

Public Record #253379840

$300,000

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

Public Records for 206 Ashe Avenue

Taxable ValueLand$459,000Additions$188,664Total$647,664
Tax Record2025$5,688 ($474 / month)
Home Facts
Total Finished SqFt2,886 SqFtAbove Grade Finished SqFt2,886 SqFtStories2Lot Size7,405 SqFtStyleDuplexYear Built1901Year Renovated1981ZoningR-10CountyWAKEAPN1703.05-19-1740 0038433Fireplace TypeHas Fireplace

Schools near 206 Ashe Avenue

This home is within Wake County School District.
Rating
School
Type
Grades
Distance
Wiley Elementary
Public - PK to 5
Oberlin Middle School
Public - 6 to 8
Needham Broughton High
Public - 9 to 12
Wake Young Women's Leadership Academy
Public - 6 to 13
Rating
School
Distance
Wiley Elementary
PublicPK to 5

Oberlin Middle School
Public6 to 8

Needham Broughton High
Public9 to 12

Wake Young Women's Leadership Academy
Public6 to 13

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

More information about 206 Ashe Avenue, Raleigh, NC 27605

206 Ashe Avenue is a multi-family home for sale in Raleigh, NC 27605. This property was listed for sale on November 28, 2025 by Compass, it's currently listed at $1,295,000. It has been on the market for a total of 25 days and was last sold on March 5, 2010. This listing's school district is Wake County School District. Nearby schools include Wiley Elementary, Oberlin Middle School and Needham Broughton High. 206 Ashe Avenue is a 6-bed, 2-bath, 2,610 sqft multi-family home built in 1901.

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.

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.