1006 Carlton Avenue Raleigh, NC $ 419,000
1006 Carlton Avenue
$ 419,000
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1006 Carlton Avenue

Raleigh, NC, 27606
$ 419,000
Bedrooms4 Baths2.0 Sq 1,285

Monthly Estimate*

$ 2,894

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Single Family Home for sale in Raleigh, NC

for $419,000 with 4 bedrooms and 2 full baths. This 1,285 square foot home was built in 1950 on a lot size of 0.14.

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.

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Single Family Active

Price

$ 419,000

Bedrooms

4

Full Bath

2

Property Type

Single Family

Taxes

$ 0

Style

Cape Cod, Traditional

Lot Size

0.14

Year Built

1950

Town/City

Raleigh

County/Region

Wake

MLS | Web ID

10189998

Features
General
Sewer Public Sewer
Heating Central Electric Forced Air
Cooling Central Air
Roof Shingle
Appliances Dishwasher Electric Range Free-Standing Range Microwave Stainless Steel Appliance(s)
Zoning RX-3
Patio/Porch Features Deck
Architectural Style Cape Cod Traditional
Construction Materials Aluminum Siding
Year Built 1950
Stories Count 1
Levels One One and One Half
Property Subtype Single Family Residence
Accessibility Accessible Approach with Ramp
County Wake
New Construction false
Property Type Residential
HOA false
Attached Garage false
Subdivision Name Not in a Subdivision
Garage Y/N false
Total Rooms 8
Full Baths 2
Status Active
Directions East on Western Blvd from I440 right on Carlton home is on the right.
High School Wake - Athens Drive High
City Raleigh
Senior Community Y/N false
Open Parking Spaces 4
Lot Size Units Acres
Lot Size Square Feet 6098
Elementary School Wake - Olds Elementary
Tax Annual Amount 2872.67
Middle/Junior High School Wake - Martin Middle
Structure Type House Site Built
Standard Status Active
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Interior
Interior Amenities Laminate Counters Track Lighting
Flooring Carpet Luxury Vinyl Wood
Air Conditioning Y/N true
Heating Y/N true
Fireplace Y/N false
Above Grade Finished Area 1285
Half Baths 0
Total Bedrooms 4
Below Grade Finished Area 0
Above Grade Finished Area Source Other
Total Baths 2
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Exterior
Exterior Amenities Private Yard Rain Gutters
Fencing Back Yard Fenced
Parking Features Concrete Driveway Parking Pad
Lot Features Back Yard
Water Source Public
Lot Size Area 0.14
Foundation Details Crawlspace
Building Area Total 1285
Lot Size Acres 0.14
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* Excluded Features
List By
George Patrick III

Listing Agent

Berkshire Hathaway Homeservice

Broker

george@georgepatrick.net

Email

Affordability Calculator

$2,894
Per Month
100%
0%
0%
Monthly Principal & Interest
$2,894
Monthly Property Taxes
--
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
0 Elementary School
0 Middle School
Wake - Athens Drive High High School High School
Pricing History
DatePricePrice ChangeDescription
9/19/2026$419,000 -4.56% Price Down
9/1/2026$439,000 Listed Price

Map


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1006 Carlton Avenue, Raleigh, NC, 27606 is a Single Family Home for sale at $419,000 with 1,285 sqft and a lot size of 0.14. 1006 Carlton Avenue has 4 bedrooms, 2.0 baths, and was built in 1950. The property's zip code is 27606 which is in Raleigh, NC