616 Rocky Knob Court Raleigh, NC $ 1,599,000
616 Rocky Knob Court
$ 1,599,000
Recently Listed New Construction
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616 Rocky Knob Court

Raleigh, NC, 27601
$ 1,599,000
Bedrooms12 Baths12.0 Sq 6,900

Monthly Estimate*

$ 11,044

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Multi-Family Home for sale in Raleigh, NC

for $1,599,000 with 12 bedrooms and 12 full baths. This 6,900 square foot home was built in 2025.

The final three available townhomes at City Hike are offered together as a turnkey investment portfolio near Downtown Raleigh. Two homes are currently leased at $3,195 and $3,095 per month, providing combined in-place rental income of $6,290 per month and $75,480 annually, while the the third and final unit is being leased up now by KeyRenter property management. Each completed townhome features approximately 2,300 square feet with four bedrooms and four full baths, an open-concept layout, spacious chef's kitchen, private garage and complete bedroom suites across multiple levels. Approximately 400-square-foot rooftop terraces provide generous outdoor living space and Downtown Raleigh skyline views. The homes offer contemporary architecture, thoughtfully selected designer finishes and solar-ready construction, with the ability to support optional solar and energy-monitoring features. City Hike provides convenient access to Downtown Raleigh's employment, dining, entertainment and cultural destinations, along with nearby parks and major commuter routes. This is a rare opportunity to acquire the final three residences in a completed 12-home community, combining immediate rental income with additional upside in a growing urban Raleigh location.

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Multi-Family Active

Price

$ 1,599,000

Bedrooms

12

Full Bath

12

Property Type

Multi-Family

Taxes

$ 0

Style

Townhouse

Year Built

2025

Town/City

Raleigh

County/Region

Wake

MLS | Web ID

10197555

Features
General
Sewer Public Sewer
Heating Forced Air
Cooling Central Air
Roof Shingle
Appliances Built-In Range Disposal Dishwasher Microwave Range Refrigerator Stainless Steel Appliance(s) Vented Exhaust Fan Washer Washer/Dryer
HOA Fee 225
Garage Spaces 3
Association Fee Includes Insurance Maintenance Structure Sewer Trash Storm Water Maintenance
Patio/Porch Features Awning(s) Covered Deck Patio Porch
Construction Materials Vinyl Siding
Year Built 2025
Levels Three Or More
Property Subtype Townhouse
Assoc Fee Paid Per Monthly
County Wake
New Construction true
Property Type Residential Income
HOA true
Attached Garage true
Subdivision Name City Hike Townhomes
Garage Y/N true
Building Features Primary Walk-In Closet
Full Baths 12
Status Active
Directions From Downtown Raleigh take Martin Luther King Jr. Blvd east to Garner Rd. City Hike is on the left.
High School Wake - Needham Broughton High
City Raleigh
Lot Size Square Feet 0
Tax Annual Amount 5513.34
Middle/Junior High School Wake - Carnage Middle
Ok to Lease 12 Months
Structure Type Townhouse
Standard Status Active
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Interior
Interior Amenities Built-in Features Ceiling Fan(s) Double Vanity Eat-in Kitchen High Ceilings Kitchen Island Open Floorplan Pantry Primary Downstairs Recessed Lighting Storage Walk-in Closet(s) Kitchen/Dining Room Combination Living/Dining Room Combination Separate Shower Bathtub/Shower Combination
Flooring Carpet Tile Wood
Air Conditioning Y/N true
Heating Y/N true
Above Grade Finished Area 6900
Half Baths 0
Laundry Features Laundry Room In Unit Upper Level Washer/Dryer Hookups
Total Bedrooms 12
Below Grade Finished Area 0
Total Baths 12
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Exterior
Exterior Amenities Balcony Lighting Private Entrance
Parking Features Attached Garage Faces Front Paved
Water Source Public
Foundation Details Slab
Building Area Total 6900
Lot Size Acres 0
Road Surface Type Paved
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* Excluded Features
List By
Johnny Chappell

Listing Agent

Compass -- Raleigh

Broker

johnny@chappellres.com

Email

Affordability Calculator

$11,044
Per Month
100%
0%
0%
Monthly Principal & Interest
$11,044
Monthly Property Taxes
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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 - Needham Broughton High High School High School
Pricing History
DatePricePrice ChangeDescription
10/9/2026$1,599,000 Listed Price

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616 Rocky Knob Court, Raleigh, NC, 27601 is a Multi-Family Home for sale at $1,599,000 with 6,900 sqft. 616 Rocky Knob Court has 12 bedrooms, 12.0 baths, and was built in 2025. The property's zip code is 27601 which is in Raleigh, NC