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4 Beds
2 Baths
1,285 sqft

$419,000

1006 Carlton Avenue, Raleigh NC, 27606

Price per sqft$326.07
Built in1950
Property size1,285 sqft
Property typeResidential
Listing courtesy of Berkshire Hathaway HomeService

Overview

Active

Listed Sep 1, 2026

Updated 7 days ago

Exceptional investment opportunity one block from NC State University—just a three-minute walk to campus! Designed for strong rental flexibility, the property offers four bedrooms, two full baths, and an additional flex space that could serve as a fifth bedroom, office, or study. If rented with 5 bedroom spaces monthly cash flow could easily surpass $4,000, giving an investor the potential to maximize rental income and cash flow. Residents can walk to classes, Greek Village, restaurants, shopping, and everyday conveniences, helping drive consistent demand. See attached survey for likely placement of an optional ADU, which offers additional upside and value add. With its highly desirable location and income-producing potential, this property offers a rare opportunity to own rental housing in the heart of the NC State community.

$2,788/mo

Est. mortgage payment based on a $419,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
10189998

Interior Features

Bedrooms
4
Bathrooms
2
Cooling
Yes
Heating
Yes
Basement
No

Exterior Features

Lot Size
0.14 Acres

Other Property Details

55+/Senior Community
No
MLS provider logo

Listed by George Patrick III, , Berkshire Hathaway HomeService

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Data last updated 5:00 AM UTC, 10/2/2026

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