$290,000
 $1,557 est/mo Sourced by Back At You

1331 Crab Orchard Drive 303,Raleigh, NC 27606

Raleigh, NC 27606

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Description

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.

Details

MLS #10183458
Listing TypeFor Lease
StyleCondominium
HOA Dues$202
StatusActive
Year1997
Days On Site57
Listing Provided ByEXP Realty LLC | Casey Styers

Features

Bed(s)4
Bath(s) 4 Total
SQ Feet1,071
Story(s)1

Interior

Heating Yes / NoYes
Cooling Yes / NoYes
CoolingCentral Air
Rooms Total4

Exterior

RoofTile
Foundation DetailsSlab
Construction MaterialsVinyl Siding

Parking

Garage Yes / NoNo

Utilities

SewerPublic Sewer

Taxes

Tax Assessed Value270312
Tax Legal DescriptionUNIVERSITY COMM LAKE PK P8B BLD8B UNJ
Tax Year2025

Area Information

StateNC
CountyWake
CityRaleigh
Zip Code27606
AreaWake
Community NameUniversity Commons Lake Pk
School DistrictWake County Schools
Elementary SchoolWake County Schools
High SchoolWake County Schools
Listing VS Median (in University Commons Lake Pk)
Price:
$290,000
low | high
Med:
$267,000
57.931034482759% of Average
sqft:
1,071
low | high
Med:
1,219
36.181139122316% of Average
$ / sqft:
$271
low | high
Med:
$219
69.109218975418% of Average
On site:
57
low | high
Med:
47.5
100% of Average
Sourced by Back At You

Market Activity 27606

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Learn More About This Property

StateNC
CountyWake
CityRaleigh
Zip Code27606
AreaWake
Community NameUniversity Commons Lake Pk
School DistrictWake County Schools
Elementary SchoolWake County Schools
High SchoolWake County Schools
Listing VS Median (in University Commons Lake Pk)
Price:
$290,000
low | high
Med:
$267,000
57.931034482759% of Average
sqft:
1,071
low | high
Med:
1,219
36.181139122316% of Average
$ / sqft:
$271
low | high
Med:
$219
69.109218975418% of Average
On site:
57
low | high
Med:
47.5
100% of Average
Sourced by Back At You
Listing Updated: September 10, 2026 at 11:48:54 AM PDT