About This Home

This 8-bedroom, 8-bathroom residential multi family at 616 Rocky Knob Court in Raleigh, NC is listed for $1,100,000 ($239 per sqft). Built in 2025, the home offers 4,600 sqft of living space on a N/A lot.

Key Features

  • Built in 2025
  • 3 stories
  • 4 parking spaces

Property Details

3 stories
8 full
2-car garage
2025

Amenities

A/C
Listing Description

The final two available townhomes at City Hike are offered together as a turnkey investment portfolio near Downtown Raleigh. The 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.

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.

Monthly Cost Estimate

$6,108/mo

20% down · 6.5% · 30 years

Principal$796
Interest$4,767
Insurance$321
HOA$225

Estimates only. Actual payments may vary.

Location

616 Rocky Knob Court

Raleigh, NC 27601

City Hike Townhomes

Features & Amenities

Interior Features

Bathtub/Shower CombinationBuilt-in FeaturesCeiling Fan(s)Double VanityEat-in KitchenHigh CeilingsKitchen IslandKitchen/Dining Room CombinationLiving/Dining Room CombinationOpen FloorplanPantryPrimary DownstairsRecessed LightingSeparate ShowerStorageWalk-In Closet(s)

Exterior Features

BalconyLightingPrivate Entrance

Property Details

Flooring

WoodTileCarpet

Construction

Vinyl Siding

Outdoor Features

PorchPatioDeck

Parking

Garage

Heating

Forced Air

Cooling

Central Air

Appliances

Built-In RangeDishwasherDisposalMicrowaveRangeRefrigeratorStainless Steel Appliance(s)Vented Exhaust FanWasherWasher/Dryer

Questions & Answers

This 8-bedroom, 8-bathroom residential multi family at 616 Rocky Knob Court is listed at $1,100,000 ($239/sqft). The estimated monthly payment is $6,108 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance, HOA fees.

HOA fees are $225/month.

Key features include: Built in 2025, 3 stories, 4 parking spaces. Interior Features: Bathtub/Shower Combination, Built-in Features, Ceiling Fan(s). Exterior Features: Balcony, Lighting, Private Entrance.

This property is listed by Johnny Chappell.

JC

Johnny Chappell

Agent at Compass North Carolina

Listed by Compass North Carolina · Broker phone: (212) 913-9058 · View on Broker Site · Broker website

MLS# 10197555· Source: Doorify MLS· 24 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.

616 Rocky Knob Court, Raleigh, NC 27601

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