320 W Martin St, Unit 205

$435,000
Price
2
Beds
1,104 Sq. Ft.
$394 / Sq. Ft.
1,104
Sq. Ft.
$394
per Sq. Ft.

Description

Experience elevated urban living in this stunning two-story penthouse condo at 320 W. Martin St., where modern luxury and downtown convenience come together seamlessly. Completely updated, this residence impresses with high-end finishes—including striking herringbone LVP floors and a decorative fireplace with a Parisian-inspired finish that sets a sophisticated tone. The gourmet kitchen is a true showpiece with a Moroccan tile backsplash, quartz countertops, and stainless steel appliances—perfect...Experience elevated urban living in this stunning two-story penthouse condo at 320 W. Martin St., where modern luxury and downtown convenience come together seamlessly. Completely updated, this residence impresses with high-end finishes—including striking herringbone LVP floors and a decorative fireplace with a Parisian-inspired finish that sets a sophisticated tone. The gourmet kitchen is a true showpiece with a Moroccan tile backsplash, quartz countertops, and stainless steel appliances—perfect for both everyday cooking and entertaining. Sunlight pours through large windows on both sides of the home, showcasing incredible skyline views and creating an inviting, airy atmosphere. The thoughtful floor plan offers a bedroom and full bath on the main level for convenience, while a vaulted staircase leads to an additional private bedroom and bath upstairs—ideal for guests. A rare downtown luxury, this penthouse also includes a one-car garage and a spacious storage unit on the first floor. Situated in one of Raleigh's most vibrant pockets, you'll enjoy instant access to top dining and entertainment like La Terrazza, Barcelona Wine Bar, Oak Steakhouse, O-Ku, and Weaver Street Market, among many others. Whether you're seeking an elegant urban retreat or an excellent AirBnB investment, this exceptional property delivers. Don't miss your chance to experience its charm and sophistication—schedule your tour today!
  1. Listed by Marshall Rich • Rich Realty Group
  2. Listed by Ryan Daniel Sabatini • Rich Realty Group

Property Details for 320 West Martin Street, Unit 205

View
Yes
Subdivision
Martin Place Condos
HOA Fees
$373.73
LISTING UPDATED: 12/17/2025 10:49 AM

Property Details for 320 West Martin Street, Unit 205

StatusActive
MLS #10133338
Days on Market24
Taxes$3,520 / year
HOA Fees$374 / month
Condo/Co-op Fees-
Compass TypeCondo
MLS TypeResidential / Condominium
Year Built1997
CountyWake County

Location

Listing Courtesy of Rich Realty Group
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Building Information for 320 West Martin Street, Unit 205

Building/Complex320 W Martin StFloor2Stories2Residences-Pet Policy-Pet Policy Details-Year Built1997

Payment Calculator

$2,817 per month

30 year fixed, 6.28% Interest

Principal and Interest

$2,149

Property Taxes

$293

HOA Dues

$374

The Payment Calculator is for illustrative purposes only.

Property Information for 320 West Martin Street, Unit 205

Summary
Location and General Information
  • Directions: Dawson St., right on W. Martin St. Condo building on your right.
  • Subdivision Name: Martin Place Condos
  • Latitude: 35.777293
  • Longitude: -78.64477
  • Road Frontage Type: City Street
Taxes and HOA Information
  • Association Fee Includes: Maintenance Grounds, Maintenance Structure, Sewer, Water
  • Association: Yes
  • Total HOA Dues: $373.73
  • HOA 1 Fees Required: Yes
  • Tax Annual Amount: $3,520.03
  • City Limits Of: Raleigh
  • City Limits YN: Yes
  • Lot Number: 1
  • Restrictive Covenants YN: Yes
Contract Information
  • Original MLS: Triangle MLS Inc
  • Property Leased YN: No
  • Years Owned: 1 or More Year(s)
School Information
  • Elementary School: Wake - Wiley
  • Middle Or Junior School: Wake - Oberlin
  • High School: Wake - Broughton
Parking
  • Open Parking: No
  • Parking Features: Attached, Garage, Garage Door Opener, Garage Faces Rear, Off Street
  • Attached Garage: Yes
  • Garage Spaces: 1.0
  • Garage: Yes
Property
Lot Information
  • Building Area Total: 1104.0
  • Architectural Style: Traditional, Transitional
  • Total Other Area Sq Ft: 0
  • Other Structures: Garage(s)
  • Parcel Number: 1703583092
  • Structure Type: Site Built
  • Enhanced Accessible: No
  • Primary Residence YN: Yes
Property and Assessments
  • New Construction: No
  • Photos Count: 37
  • Above Grade Finished Area Source: Appraiser
  • Below Grade Finished Area: 0.0
  • Below Grade Finished Area Units: Square Feet
  • Community Features: Sidewalks
  • Senior Community: No
  • Property Condition: Updated/Remodeled
Utilities
  • Sewer: Public Sewer
  • Utilities: Electricity Connected, Sewer Connected, Water Connected
  • Water Source: Public
  • Water_Sewer: Public, Public Sewer, Electricity Connected, Sewer Connected, Water Connected
Interior and Exterior Features
Exterior Features
  • Construction Materials: Brick
  • Foundation Details: Slab
  • Pool Private: No
  • Roof: Flat
  • Security Features: Building Security, Fire Sprinkler System, Smoke Detector(s)
  • New Construction Type: Brick, Site Built
Interior Features
  • Levels: Two
  • Stories: 2
  • Master Bedroom 1st Floor: 1
  • Fireplace Y N: No
  • Flooring: Vinyl
  • Cooling: Central Air, Heat Pump
  • Cooling?: Yes
  • Heating: Heat Pump
  • Heating?: Yes
  • Appliances: Electric Range, Microwave, Range, Range Hood, Stainless Steel Appliance(s)
  • Laundry Features: Laundry Closet, Main Level
  • Interior Features: Bathtub/Shower Combination, Breakfast Bar, Ceiling Fan(s), Quartz Counters, Recessed Lighting, Separate Shower, Smooth Ceilings, Track Lighting, Vaulted Ceiling(s), Walk-In Closet(s), Walk-In Shower
  • Equipment Appliances: Electric Range, Microwave, Range, Range Hood, Stainless Steel Appliance(s)
  • Interior: Electricity Connected, Sewer Connected, Water Connected, Attached, Garage, Garage Door Opener, Garage Faces Rear, Off Street, Brick, Laundry Closet, Main Level, Building Security, Fire Sprinkler System, Smoke Detector(s)
  • Equipment: Electric Range, Microwave, Range, Range Hood, Stainless Steel Appliance(s), Laundry Closet, Main Level, Attached, Garage, Garage Door Opener, Garage Faces Rear, Off Street
Room Information
Room Information
  • Rooms Total: 6.0
Room 1
  • Room Dimensions: 13 x 12
  • Room Width: 12.0
  • Room Length: 13.0
  • Room Level: Main
  • Room Type: Primary Bedroom
Room 2
  • Room Dimensions: 13 x 12
  • Room Width: 12.0
  • Room Length: 13.0
  • Room Level: Second
  • Room Type: Bedroom 2
Room 3
  • Room Dimensions: 14.2 x 22.2
  • Room Width: 22.2
  • Room Length: 14.2
  • Room Level: Main
  • Room Type: Family Room
Room 4
  • Room Dimensions: 8 x 8
  • Room Width: 8.0
  • Room Length: 8.0
  • Room Level: Main
  • Room Type: Dining Room
Room 5
  • Room Dimensions: 12 x 7.6
  • Room Width: 7.6
  • Room Length: 12.0
  • Room Level: Lower
  • Room Type: Other
Room 6
  • Room Dimensions: 22 x 16
  • Room Width: 16.0
  • Room Length: 22.0
  • Room Level: Lower
  • Room Type: Other
Agent
Sale and Listing
  • Property Type: Residential
  • Property Class Name: CrossProperty

Property History for 320 West Martin Street, Unit 205

DateEvent & SourcePriceAppreciation
Dec 17, 2025

Price Change

TRIANGLEMLS #10133338

$435,000—
Dec 17, 2025

Listed (Active)

TRIANGLEMLS #10133338

—
Nov 25, 2025

Pending

TRIANGLEMLS #10133338

—
Nov 15, 2025

Listed (Active)

TRIANGLEMLS #10133338

$439,900—
Sep 30, 2025

Expired

TRIANGLEMLS #10105445

—
Jul 15, 2025

Price Change

TRIANGLEMLS #10105445

$449,000—
Jun 25, 2025

Expired

TRIANGLEMLS #10094834

—
Jun 25, 2025

Listed (Active)

TRIANGLEMLS #10105445

$455,000—
Jun 24, 2025

Listed (Active)

TRIANGLEMLS #10094834

—
Jun 24, 2025

Expired

TRIANGLEMLS #10094834

—
Jun 17, 2025

Price Change

TRIANGLEMLS #10094834

$455,000—
Jun 17, 2025

Pending

TRIANGLEMLS #10094834

—
Jun 5, 2025

Price Change

TRIANGLEMLS #10094834

$465,000—
May 8, 2025

Listed (Active)

TRIANGLEMLS #10094834

$479,000—
Aug 4, 2023

Sold (Public Record)

Public Record #1517198507

$380,000

+5.2% / yr

May 14, 2013

Sold

AMLS #1854682

$225,500—
May 14, 2013

Sold

TRIANGLEMLS #1854682

$225,500—
May 14, 2013

Sold

TRIANGLEMLS #1854682

$225,500—
May 13, 2013

Sold (Public Record)

Public Record #352616136

$225,500

+0.8% / yr

May 10, 2013

Pending

TRIANGLEMLS #1854682

—
Sep 12, 2012

Listed (Active)

TRIANGLEMLS #1854682

$240,000—
Sep 12, 2012

Listed (Active)

AMLS #1854682

$240,000—
Sep 12, 2012

Listed (Active)

TRIANGLEMLS #1854682

$240,000—
Jan 22, 2007

Sold (Public Record)

Public Record #213100124

$215,000—
May 9, 1997

Sold

TRIANGLEMLS #413243

—
Mar 12, 1996

Price Change

TRIANGLEMLS #413243

$133,900—
Mar 12, 1996

Price Change

TRIANGLEMLS #413243

$129,900—
Mar 11, 1996

Listed (Active)

TRIANGLEMLS #413243

$133,900—
DateEvent & SourcePrice
12/17/2025

Price Change

TRIANGLEMLS #10133338

$435,000
12/17/2025

Listed (Active)

TRIANGLEMLS #10133338

—
11/25/2025

Pending

TRIANGLEMLS #10133338

—
11/15/2025

Listed (Active)

TRIANGLEMLS #10133338

$439,900
09/30/2025

Expired

TRIANGLEMLS #10105445

—
07/15/2025

Price Change

TRIANGLEMLS #10105445

$449,000
06/25/2025

Expired

TRIANGLEMLS #10094834

—
06/25/2025

Listed (Active)

TRIANGLEMLS #10105445

$455,000
06/24/2025

Listed (Active)

TRIANGLEMLS #10094834

—
06/24/2025

Expired

TRIANGLEMLS #10094834

—
06/17/2025

Price Change

TRIANGLEMLS #10094834

$455,000
06/17/2025

Pending

TRIANGLEMLS #10094834

—
06/05/2025

Price Change

TRIANGLEMLS #10094834

$465,000
05/08/2025

Listed (Active)

TRIANGLEMLS #10094834

$479,000
08/04/2023

Sold (Public Record)

Public Record #1517198507

$380,000

+5.2% / yr

05/14/2013

Sold

AMLS #1854682

$225,500
05/14/2013

Sold

TRIANGLEMLS #1854682

$225,500
05/14/2013

Sold

TRIANGLEMLS #1854682

$225,500
05/13/2013

Sold (Public Record)

Public Record #352616136

$225,500

+0.8% / yr

05/10/2013

Pending

TRIANGLEMLS #1854682

—
09/12/2012

Listed (Active)

TRIANGLEMLS #1854682

$240,000
09/12/2012

Listed (Active)

AMLS #1854682

$240,000
09/12/2012

Listed (Active)

TRIANGLEMLS #1854682

$240,000
01/22/2007

Sold (Public Record)

Public Record #213100124

$215,000
05/09/1997

Sold

TRIANGLEMLS #413243

—
03/12/1996

Price Change

TRIANGLEMLS #413243

$133,900
03/12/1996

Price Change

TRIANGLEMLS #413243

$129,900
03/11/1996

Listed (Active)

TRIANGLEMLS #413243

$133,900

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

Public Records for 320 West Martin Street, Unit 205

Taxable ValueLand-Additions$372,304Total-
Tax Record2025$3,520 ($293 / month)
Home Facts
Beds0Baths2Total Finished SqFt1,198 SqFtAbove Grade Finished SqFt1,198 SqFtStories2StyleCondominiumYear Built1997ZoningDX-5CountyWAKEAPN1703.33-58-3092 0231819

Schools near 320 West Martin Street, Unit 205

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 - 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.

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320 West Martin Street, Unit 205 is a condo for sale in Raleigh, NC 27601. This property was listed for sale on November 15, 2025 by Rich Realty Group, it's currently listed at $435,000. It has been on the market for a total of 24 days and was last sold on August 4, 2023. This listing's school district is Wake County School District. Nearby schools include Wiley Elementary, Oberlin Middle School and Needham Broughton High. 320 West Martin Street, Unit 205 is a 2-bed, 2-bath, 1,104 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 Rich Realty Group

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