Attention investors this is the one you've been waiting for. Unit 303 at 1331 Crab Orchard Drive 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. Priced at $290,000, 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.
| MLS # | 10183458 |
|---|---|
| Listing Type | For Lease |
| Style | Condominium |
| HOA Dues | $202 |
| Status | Active |
| Year | 1997 |
| Days On Site | 57 |
| Listing Provided By | EXP Realty LLC | Casey Styers |
| Bed(s) | 4 |
|---|---|
| Bath(s) | 4 Total |
| SQ Feet | 1,071 |
| Story(s) | 1 |
| Heating Yes / No | Yes |
|---|---|
| Cooling Yes / No | Yes |
| Cooling | Central Air |
| Rooms Total | 4 |
| Roof | Tile |
|---|---|
| Foundation Details | Slab |
| Construction Materials | Vinyl Siding |
| Garage Yes / No | No |
|---|
| Sewer | Public Sewer |
|---|
| Tax Assessed Value | 270312 |
|---|---|
| Tax Legal Description | UNIVERSITY COMM LAKE PK P8B BLD8B UNJ |
| Tax Year | 2025 |
| State | NC |
|---|---|
| County | Wake |
| City | Raleigh |
| Zip Code | 27606 |
| Area | Wake |
| Community Name | University Commons Lake Pk |
| School District | Wake County Schools |
| Elementary School | Wake County Schools |
| High School | Wake County Schools |
| Listing VS Median (in University Commons Lake Pk) | |
Price: $290,000 low | high Med: $267,000 sqft: 1,071 low | high Med: 1,219 $ / sqft: $271 low | high Med: $219 On site: 57 low | high Med: 47.5 | |
| State | NC |
|---|---|
| County | Wake |
| City | Raleigh |
| Zip Code | 27606 |
| Area | Wake |
| Community Name | University Commons Lake Pk |
| School District | Wake County Schools |
| Elementary School | Wake County Schools |
| High School | Wake County Schools |
| Listing VS Median (in University Commons Lake Pk) | |
Price: $290,000 low | high Med: $267,000 sqft: 1,071 low | high Med: 1,219 $ / sqft: $271 low | high Med: $219 On site: 57 low | high Med: 47.5 | |