$265,000
 $1,423 est/mo Sourced by Back At You

1221 University Court 304,Raleigh, NC 27606

Raleigh, NC 27606

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Description

INVESTORS! NCSU PARENTS AND STUDENTS! Prime Investment Opportunity at University Commons - Lake Park. This 4 BEDROOM+ 4 BATHROOM condo is an excellent opportunity for steady rental income or as a place to call home. Each bedroom features a private en-suite bath and walk-in closet. There is a spacious living area, kitchen, in unit washer/dryer as well as a porch and additional storage outside. NEW PAINT, NEW CARPET, NEW CEILING FANS and DEEP CLEANED, READY TO ENJOY OR RENT. Water heater replaced March 2024, HVAC/Heat Pump replaced 2015, Roof replaced 2014. Walking distance to Lake Johnson Close to walking trails and North Carolina State University (NCSU). Convenient access to the NC State WolfLine bus route. Quick access to downtown Raleigh and I-40. Community Amenities include Pool, Volleyball and Basketball courts.

Details

MLS #10191665
Listing TypeFor Sale
StyleCondominium
HOA Dues$205
Sub-TypeResale
StatusActive
Year1997
Days On Site14
Listing Provided ByDwell Raleigh Real Estate | Kristina Nieshalla

Features

Bed(s)4
Bath(s) 4 Total
SQ Feet1,219
Story(s)3

Interior

Heating Yes / NoYes
Cooling Yes / NoYes
CoolingCentral Air, Heat Pump
Laundry FeaturesIn Unit
Rooms Total6

Exterior

Exterior FeaturesBalcony, Storage
RoofShingle
Foundation DetailsSlab
Community FeaturesPool, Sidewalks, Tennis Court(s)
Construction MaterialsVinyl Siding
Security FeaturesSmoke Detector(s)
Patio And Porch FeaturesCovered, Rear Porch

Parking

Attached Garage Yes / NoNo
Garage Yes / NoNo
Parking FeaturesCommon, Parking Lot, Unassigned

Location

Association AmenitiesBasketball Court, Clubhouse, Pool, Sport Court, Tennis Court(s)
Community FeaturesPool, Sidewalks, Tennis Court(s)

Utilities

UtilitiesCable Available, Electricity Connected, Sewer Connected, Water Connected
SewerPublic Sewer

Taxes

Tax Assessed Value265680
Tax Legal DescriptionUNIVERSITY COMM LAKE PARK BLD1A UNM
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:
$265,000
low | high
Med:
$267,000
49.245283018868% of Average
sqft:
1,219
low | high
Med:
1,219
50% of Average
$ / sqft:
$217
low | high
Med:
$219
49.245283018868% of Average
On site:
14
low | high
Med:
46.5
30.10752688172% 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:
$265,000
low | high
Med:
$267,000
49.245283018868% of Average
sqft:
1,219
low | high
Med:
1,219
50% of Average
$ / sqft:
$217
low | high
Med:
$219
49.245283018868% of Average
On site:
14
low | high
Med:
46.5
30.10752688172% of Average
Sourced by Back At You
Nearby Listings (Within 1/10 mile)
Price: $198K - $331K
sqft: 914 - 1,500
Listing Updated: September 17, 2026 at 10:41:45 AM PDT