804 Cotton Pl
New
New
Description
Positioned in the rapidly growing urban core of Raleigh, 804 Cotton Place presents a compelling investment opportunity to acquire this condo duo for your income-producing asset in one of the city's most dynamic neighborhoods. This brand-new contemporary residence offers over 2,000 square feet, 4 bedrooms and 3.5 bathrooms per unit--ideal for attracting strong rental demand from professionals, roommates, or short-term tenants. Designed with broad tenant appeal in mind, the open-concept layout, abundant...Positioned in the rapidly growing urban core of Raleigh, 804 Cotton Place presents a compelling investment opportunity to acquire this condo duo for your income-producing asset in one of the city's most dynamic neighborhoods. This brand-new contemporary residence offers over 2,000 square feet, 4 bedrooms and 3.5 bathrooms per unit--ideal for attracting strong rental demand from professionals, roommates, or short-term tenants. Designed with broad tenant appeal in mind, the open-concept layout, abundant natural light, and modern finishes create a turnkey living experience. The chef-style kitchen is outfitted with quartz countertops, stainless steel appliances, and smart home features--highly desirable amenities that support premium rental positioning. Multiple living areas, including a dedicated office and flexible spaces, provide versatility for co-living arrangements or work-from-home tenants, increasing rental value and occupancy potential. The primary suite and additional well-appointed bedrooms offer privacy and comfort, while design-forward bathrooms and contemporary fixtures enhance long-term tenant satisfaction. Outdoor features, including shared green space and skyline views, further elevate the property's marketability. Located just minutes from Downtown Raleigh, the property benefits from proximity to major lifestyle drivers such as Transfer Co. Food Hall, Raleigh Wine Shop, and Roshambo, all contributing to consistent rental demand. Additionally, a planned City of Raleigh redevelopment nearby--including retail, grocery, and community space--positions this asset for future appreciation and increased tenant desirability. Whether purchased as a primary rental, short-term income property, or as part of a multi-unit investment strategy, 804 Cotton Place offers strong income potential, modern construction with minimal maintenance, and a prime location in one of the Southeast's fastest-growing markets.
- Listed by Jason Queen • Monarch Realty Co.
Property Details for 804 Cotton Place
View
City
ViewYes
WaterfrontNo
SubdivisionNot in a Subdivision
HOA Fees$100.00
Association Fee2$1,000.00
LISTING UPDATED: 04/17/2026 06:09 PM
Property Details for 804 Cotton Place
| Status | Active |
|---|---|
| MLS # | 10161074 |
| Days on Market | 1 |
| Taxes | $3,123 / year |
| HOA Fees | $100 / month |
| Condo/Co-op Fees | - |
| Property Type | Multi Family |
| MLS Type | Residential Income / Condominium |
| Year Built | 2026 |
| Lot Size | 0.19 AC / 8,276 SF |
| County | Wake County |
Location
Listing Courtesy of Monarch Realty Co.
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Building Information for 804 Cotton Place
Stories3Residences2Year Built2026Building Size-Lot Size0.19 AC / 8,276 SF
Payment Calculator
$8,508 per month
30 year fixed, 6.46% Interest
Principal and Interest
$8,147
Property Taxes
$260
HOA Dues
$100
The Payment Calculator is for illustrative purposes only.
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1Property Information for 804 Cotton Place
Summary
Location and General Information
- Zoning: R-10
- Directions: From Raleigh on New Bern turn right on to State Street then right on to Cotton Pl. Homes will be on the Left.
- Subdivision Name: Not in a Subdivision
- Latitude: 35.778718
- Longitude: -78.62599
- Road Frontage Type: City Street
- Road Surface Type: Asphalt, Paved
- Neighborhood: Thompson Hunter
Taxes and HOA Information
- Association Fee2 Frequency: One Time
- Association Fee Includes: Insurance, Maintenance Grounds
- Association: Yes
- Total HOA Dues: $100.00
- HOA 1 Fees Required: Yes
- HOA 2 Fees Required: Yes
- Tax Annual Amount: $3,122.89
- City Limits Of: Raleigh
- City Limits YN: Yes
- Lot Number: 36
- Restrictive Covenants YN: Yes
- School District Link: https://osageo.wcpss.net/assignment-lookup/
Contract Information
- Comp Sale YN: No
- Estimated Completion Date: 2026-05-15
- Original MLS: Triangle MLS Inc
- Property Leased YN: No
School Information
- Elementary School: Wake - Root
- Middle Or Junior School: Wake - Ligon
- High School: Wake - Broughton
Parking
- Open Parking: Yes
- Parking Features: Additional Parking, Attached, Concrete, Driveway, Garage, Garage Door Opener, Off Street, On Street, Paved, Tandem
- Carport: No
- Attached Garage: Yes
- Covered Spaces: 1.0
- Garage Spaces: 2.0
- Garage: Yes
Property
Lot Information
- Building Area Total: 4054.0
- Lot Features: Back Yard, City Lot, Cleared, Few Trees, Hardwood Trees, Level, Near Public Transit, Rectangular Lot
- Lot Size Dimensions: 50 x 162 x 50 x 162
- Total Other Area Sq Ft: 0
- Number Of Buildings: 1
- Other Structures: None
- Parcel Number: 171305089540000 0055326
- Structure Type: Duplex, Site Built, Townhouse
- Enhanced Accessible: No
- Power Production YN: No
Property and Assessments
- New Construction: Yes
- Photos Count: 9
- Above Grade Finished Area Source: Builder
- Below Grade Finished Area: 0.0
- Below Grade Finished Area Units: Square Feet
- Common Walls: 1 Common Wall, End Unit
- Community Features: Historical Area, Park, Playground, Restaurant, Street Lights
- Senior Community: No
- Property Condition: New Construction, Under Construction
Utilities
- Sewer: Public Sewer
- Utilities: Cable Available, Electricity Available, Electricity Connected, Natural Gas Available, Natural Gas Connected, Phone Available, Sewer Available, Sewer Connected, Water Available, Water Connected
- Water Source: Public
- Water_Sewer: Public, Public Sewer, Cable Available, Electricity Available, Electricity Connected, Natural Gas Available, Natural Gas Connected, Phone Available, Sewer Available, Sewer Connected, Water Available, Water Connected
Interior and Exterior Features
Exterior Features
- Accessibility Features: Aging In Place, Level Flooring, Visitor Bathroom
- Construction Materials: Concrete, Fiber Cement
- Exterior Features: Balcony, Lighting
- Fencing: None
- Foundation Details: Concrete, Slab
- Patio And Porch Features: Deck, Front Porch, Patio, Rear Porch
- Pool Features: None
- Pool Private: No
- Roof: Shingle
- Security Features: Firewall(s), Smoke Detector(s)
- New Construction Type: Concrete, Fiber Cement, Duplex, Site Built, Townhouse
Interior Features
- Levels: Three Or More
- Stories: 3
- Fireplace Features: Electric, Living Room
- Fireplace Y N: Yes
- Fireplaces Total: 1
- Flooring: Carpet, Ceramic Tile, Vinyl, Simulated Wood
- Cooling: Central Air
- Cooling?: Yes
- Heating: Electric, Heat Pump
- Heating?: Yes
- Appliances: Built-In Electric Oven, Cooktop, Dishwasher, Double Oven, ENERGY STAR Qualified Dishwasher, Exhaust Fan, Gas Cooktop, Gas Water Heater, Ice Maker, Oven, Plumbed For Ice Maker, Range Hood, Refrigerator, Self Cleaning Oven, Smart Appliance(s), Stainless Steel Appliance(s), Tankless Water Heater
- Laundry Features: In Hall, Inside, Upper Level
- Interior Features: Apartment/Suite, Bathtub/Shower Combination, Ceiling Fan(s), Crown Molding, Double Vanity, Eat-in Kitchen, Entrance Foyer, High Ceilings, High Speed Internet, In-Law Floorplan, Kitchen Island, Kitchen/Dining Room Combination, Living/Dining Room Combination, Open Floorplan, Pantry, Master Downstairs, Quartz Counters, Recessed Lighting, Second Primary Bedroom, Separate Shower, Shower Only, Smooth Ceilings, Storage, Walk-In Closet(s), Walk-In Shower, Water Closet
- Spa: No
- Equipment Appliances: Built-In Electric Oven, Cooktop, Dishwasher, Double Oven, ENERGY STAR Qualified Dishwasher, Exhaust Fan, Gas Cooktop, Gas Water Heater, Ice Maker, Oven, Plumbed For Ice Maker, Range Hood, Refrigerator, Self Cleaning Oven, Smart Appliance(s), Stainless Steel Appliance(s), Tankless Water Heater
- Interior: Cable Available, Electricity Available, Electricity Connected, Natural Gas Available, Natural Gas Connected, Phone Available, Sewer Available, Sewer Connected, Water Available, Water Connected, Additional Parking, Attached, Concrete, Driveway, Garage, Garage Door Opener, Off Street, On Street, Paved, Tandem, Fiber Cement, In Hall, Inside, Upper Level, Firewall(s), Smoke Detector(s)
- Equipment: Built-In Electric Oven, Cooktop, Dishwasher, Double Oven, ENERGY STAR Qualified Dishwasher, Exhaust Fan, Gas Cooktop, Gas Water Heater, Ice Maker, Oven, Plumbed For Ice Maker, Range Hood, Refrigerator, Self Cleaning Oven, Smart Appliance(s), Stainless Steel Appliance(s), Tankless Water Heater, In Hall, Inside, Upper Level, Additional Parking, Attached, Concrete, Driveway, Garage, Garage Door Opener, Off Street, On Street, Paved, Tandem
- Additional Equipment: Negotiable
Multi Family
Unit Information
- Total Units: 2
Agent
Sale and Listing
- Property Type: Residential Income
- Property Class Name: CrossProperty
Units Information
Unit One
- Unit One: Above Grade Finished Area: 2027.0
- Unit One: Baths Total: 35.0
- Unit One: Beds Total: 4.0
- Unit One: Deck: true
- Unit One: Dining Room: true
- Unit One: Dishwasher: true
- Unit One: Fireplace: true
- Unit One: Garage Attached YN: true
- Unit One: Garage Spaces: 1.0
- Unit One: Kitchen: true
- Unit One: Levels: Three Or More
- Unit One: Living Room: true
- Unit One: Storage: true
- Unit One: Unit Type Description: Townhome style condos
- Unit One: Unit Type: 4 Bedroom Or More
- Unit One: WasherDryer Hookups: true
Unit Two
- Unit Two: Above Grade Finished Area: 2027.0
- Unit Two: Baths Total: 35.0
- Unit Two: Beds Total: 4.0
- Unit Two: Deck: true
- Unit Two: Dining Room: true
- Unit Two: Dishwasher: true
- Unit Two: Fireplace: true
- Unit Two: Garage Attached YN: true
- Unit Two: Garage Spaces: 1.0
- Unit Two: Kitchen: true
- Unit Two: Levels: Three Or More
- Unit Two: Living Room: true
- Unit Two: Range: true
- Unit Two: Storage: true
- Unit Two: Unit Type Description: Townhome style condo
- Unit Two: Unit Type: 4 Bedroom Or More
- Unit Two: Units Total: 2.0
- Unit Two: WasherDryer Hookups: true
Unit Three
- Unit Three: Beds Total: 0.0
Unit Four
- Unit Four: Beds Total: 0.0
Property History for 804 Cotton Place
| Date | Event & Source | Price | Appreciation |
|---|---|---|---|
| Apr 17, 2026 | Listed (Active) TRIANGLEMLS #10161074 | $1,618,000 | — |
| Nov 1, 2024 | Sold TRIANGLEMLS #10049317 | — | |
| Nov 1, 2024 | Pending TRIANGLEMLS #10049317 | — | |
| Oct 31, 2024 | Sold (Public Record) Public Record #1543664413 | $255,000 | — |
| Oct 31, 2024 | Sold TRIANGLEMLS #10049317 | $255,000 | — |
| Oct 28, 2024 | Sold (Public Record) Public Record #1543664414 | $265,000 | — |
| Oct 11, 2024 | Pending TRIANGLEMLS #10049317 | — | |
| Oct 11, 2024 | Price Change TRIANGLEMLS #10049317 | $275,000 | — |
| Sep 26, 2024 | Listed (Active) TRIANGLEMLS #10049317 | — | |
| Aug 27, 2024 | Listed (Active) TRIANGLEMLS #10049317 | $399,900 | — |
| Date | Event & Source | Price |
|---|---|---|
| 04/17/2026 | Listed (Active) TRIANGLEMLS #10161074 | $1,618,000 |
| 11/01/2024 | Sold TRIANGLEMLS #10049317 | — |
| 11/01/2024 | Pending TRIANGLEMLS #10049317 | — |
| 10/31/2024 | Sold (Public Record) Public Record #1543664413 | $255,000 |
| 10/31/2024 | Sold TRIANGLEMLS #10049317 | $255,000 |
| 10/28/2024 | Sold (Public Record) Public Record #1543664414 | $265,000 |
| 10/11/2024 | Pending TRIANGLEMLS #10049317 | — |
| 10/11/2024 | Price Change TRIANGLEMLS #10049317 | $275,000 |
| 09/26/2024 | Listed (Active) TRIANGLEMLS #10049317 | — |
| 08/27/2024 | Listed (Active) TRIANGLEMLS #10049317 | $399,900 |
For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 804 Cotton Place
Taxable ValueLand$304,500Additions$51,295Total$355,795
Tax Record2025$1,571 ($131 / month)
Home Facts
Beds0Baths1Total Finished SqFt980 SqFtAbove Grade Finished SqFt980 SqFtStories1Lot Size8,276 SqFtStyleSingle Family ResidenceYear Built1927Year Renovated1965ZoningR-10CountyWAKEAPN1713.05-08-9540 0055326
Schools near 804 Cotton Place
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 |
|---|---|---|
Root Elementary School PublicPK to 5 | ||
Ligon Middle Public6 to 8 | ||
Needham Broughton High Public9 to 12 | ||
Wake Young Men'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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Listing Courtesy of Monarch Realty Co.
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