$475,000

1006 Carlton Avenue, Raleigh, NC 27606

  • 1,200 sqft
  • Property Icon other
  • Property Year Built Icon Built in 1950
  • Property Lot Size Icon6,098sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $396/sqft
  • Property List Date Icon Listed 20 days ago

Property Description

SELLER FINANCING OPTIONS. Charming 1950 cottage in a coveted Residential Mixed-Use corridor—just minutes to Downtown and steps to the NCSU Wolfline bus. At ~1,200 SF, this small-but-mighty property has a strong history as an income-producing rental and offers multiple paths forward: continue as a turnkey rental, convert to a live/work setup, or explore select commercial or expansion options permitted by zoning (buyer to verify). The site's proximity to a major university, transit, dining, and everyday amenities makes it an A+ location for long-term demand and future upside. Highlights ~1,200 SF vintage 1950 home in Residential Mixed Use zoning Proven income property; rent history available upon request Steps to NCSU bus transit; quick access to Downtown, greenways, shops, and dining Flexible path: continue rental, pursue live/work, small office, or other allowed uses* Expansion potential—room to add on or reconfigure* Hard-to-beat location with strong renter pool and redevelopment momentum *All uses, density, and expansion potential subject to city approval; buyer to verify zoning, setbacks, parking, and any permitting requirements.

Listing Status:
Active
Date Added:
October 16, 2025 at 05:00AM
Listing Office:
CAROLINAS METRO REALTY I LLC : 919-391-5555
Listing Agent:
Elena Sergeevna Stoyanova : 919-802-8538
MLS ID:
10130490
  • General: PantryWalk-In Shower
  • Appliances: DishwasherElectric CooktopElectric OvenElectric Water HeaterMicrowaveWasher/Dryer Stacked
  • Laundry: Laundry ClosetMain Level
  • Basement: Crawl Space
  • Flooring: CarpetVinyl
  • A/C: Central AirWindow Unit(s)
  • Heating: CentralElectricForced Air
  • General: Fenced YardPrivate Yard
  • Roofing: Shingle
  • General: BrickVinyl Siding1
  • Road/Access: 2 Lane Road
  • Originating MLS: Triangle MLS
  • County: Wake
  • Zoning: RX-30794203466
  • Sewer: Public Sewer
  • Source: Triangle MLS

This listing courtesy of Elena Sergeevna Stoyanova, CAROLINAS METRO REALTY I LLC

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

C

Combs Magnet Elementary School

2001 Lorimer Rd, Raleigh, NC, 27606

Grades PK-5

0.99 miles away

W

Wake Young Women's Leadership Academy

301 Ashe Ave, Raleigh, NC, 27606

Grades 6-12

1.64 miles away

W

Wake STEM Early College High School

715 Barbour Dr, Raleigh, NC, 27603

Grades 9-12

1.46 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.