About This Home

This 4-bedroom, 4-bathroom condo at 1231 University Court #304 in Raleigh, NC is listed for $262,000 ($215 per sqft). Built in 1997, the home offers 1,219 sqft of living space on a N/A lot.

Key Features

  • Built in 1997
  • 10 parking spaces

Property Details

1 story
4 full
10 spaces
#304
1997

Amenities

A/C
Listing Description

INVESTOR ALERT!! Prime investment opportunity - 4 bedroom/ 4 bathroom with large living area, galley kitchen, balcony, laundry closet - the perfect set up for roommates! Each bedroom has a full en suite bathroom and walk-in closet. No carpet! Wood laminate flooring throughout.

Newer appliances. HVAC 2022. Washer and Dryer are included. Walking/biking distance to NC State campus, Lake Johnson, hiking trails/greenway, Village District, Farmers Market, downtown Raleigh. WOLFLINE bus route. The Lake Park amenities include: swimming pool, volleyball, basketball courts, playground. Currently ALL 4 bedrooms are leased through July 2027. Steady income of $2300 per month. Wilson Property Management is onsite or you can hire your own management co.

Monthly Cost Estimate

$1,603/mo

20% down · 6.5% · 30 years

Principal$189
Interest$1,135
Insurance$76
HOA$202

Estimates only. Actual payments may vary.

Location

1231 University Court #304

Raleigh, NC 27606

Lake Park

Features & Amenities

Interior Features

Apartment/SuiteBathtub/Shower CombinationBreakfast BarCeiling Fan(s)Laminate CountersLiving/Dining Room Combination

Exterior Features

BalconyLightingPrivate Entrance

Property Details

Flooring

LaminateSimulated woodVinyl

Construction

Vinyl Siding

Outdoor Features

Porch

Parking

AssignedParking Lot

Cooling

Central Air

Appliances

DishwasherDryerElectric OvenElectric RangeFree-Standing Electric RangeOvenRangeRange HoodRefrigeratorWasherWasher/DryerWater Heater

Questions & Answers

This 4-bedroom, 4-bathroom condo at 1231 University Court is listed at $262,000 ($215/sqft). The estimated monthly payment is $1,603 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance, HOA fees.

HOA fees are $202/month.

Key features include: Built in 1997, 10 parking spaces. Interior Features: Apartment/Suite, Bathtub/Shower Combination, Breakfast Bar. Exterior Features: Balcony, Lighting, Private Entrance.

This property is listed by Jeannie Kyle.

JK

Jeannie Kyle

Agent at Berkshire Hathaway HomeServices York Simpson Underwood Realty

Listed by Berkshire Hathaway HomeServices York Simpson Underwood Realty · Broker phone: (888) 778-2276 · View on Broker Site · Broker website

MLS# 10182546· Source: Doorify MLS· 99 days on PropertySimple

Copyright © 2026 Doorify MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

1231 University Court #304, Raleigh, NC 27606

Open this listing in: