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About This Home
This 2-bedroom, 3-bathroom condo at 1231 Teakwood Place in Raleigh, NC is listed for $160,000 ($127 per sqft). Built in 1972, the home offers 1,262 sqft of living space on a N/A lot.
Opportunity awaits at 1231 Teakwood Place! Located in desirable West Raleigh, this 2-bedroom, 3-bathroom two-story condominium offers an excellent opportunity for buyers looking to add their personal touch and build equity. Featuring a functional floor plan and a private wooded backdrop, this home provides a solid foundation for renovation and customization.
Conveniently situated near NC State University, the Wolfline, shopping, dining, and major routes to both Raleigh and Cary, the location is hard to beat. Whether you're a first-time buyer, investor, or someone looking for a project with great potential, this property presents a rare chance to create value in a sought-after area. As an added benefit, the preferred lender is offering up to $1,600 toward the buyer's closing costs, making homeownership even more attainable.
Key Features
- Built in 1972
- 2 stories
- 2 parking spaces
Property Details
Amenities
Monthly Cost Estimate
$1,149/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
1231 Teakwood Place
Raleigh, NC 27606
Driftwood Manor
Property Details
Flooring
Construction
Heating
Cooling
Appliances
Questions & Answers
This 2-bedroom, 3-bathroom condo at 1231 Teakwood Place is listed at $160,000 ($127/sqft). The estimated monthly payment is $986 based on 20% down at 6.5% interest.
HOA fees are $293/month.
Key features include: Built in 1972, 2 stories, 2 parking spaces.
This property is listed by Ahmed Mustafa and can be reached at 9104743626 or ahmed@amrealtygroup.org.








