About This Home

This 18-bedroom, 21-bathroom residential multi family at 720 Noble Town Way #101-106 in Raleigh, NC is listed for $4,200,000 ($463 per sqft). Built in 2025, the home offers 9,062 sqft of living space on a 2.16 acres lot.

Key Features

  • Built in 2025
  • 2.16 acre lot
  • 3 stories
  • 2 parking spaces

Property Details

3 stories
18 full, 6 half
6-car garage
#101-106
2025

Amenities

ViewA/C
Listing Description

DO NOT MISS THIS OPPORTUNITY! THIS BUILDING INCLUDES 6 TOWNHOME-STYLE CONDOS FOR A DISCOUNTED BULK PRICE! WALKABLE TO EVERYTHING DOWNTOWN RALEIGH! HOT RENTAL LOCATION! COMPETITIVE WITH DOWNTOWN APARTMENTS - HIGH RENTAL VALUES! ESTIMATED RENTAL VALUE PER UNIT: $3,500/MONTH.

SHOULD APPRAISE FOR $5M+ TOTAL!!! Each unit includes 3 bedrooms (or 2 bedrooms + an office/flex space), 3 full bathrooms, a private garage, and screened-in porches. Units #105 and #106 include a 4th story with private rooftop terraces! HOA covers all exterior maintenance & lawn care! $4,200,000 TOTAL = $700,000 PER UNIT. INCREDIBLE INVESTMENT OPPORTUNITY.

Monthly Cost Estimate

$22,762/mo

20% down · 6.5% · 30 years

Principal$3,037
Interest$18,200
Insurance$1,225
HOA$300

Estimates only. Actual payments may vary.

Location

720 Noble Town Way #101-106

Raleigh, NC 27603

Noble Place Condominiums

Features & Amenities

Interior Features

Built-in FeaturesCeiling Fan(s)ChandelierCrown MoldingDouble VanityEat-in KitchenEntrance FoyerHigh CeilingsKitchen IslandKitchen/Dining Room CombinationLiving/Dining Room CombinationNatural WoodworkOpen FloorplanPantryQuartz CountersRecessed LightingShower OnlySmart ThermostatSmooth CeilingsStorageWalk-In Closet(s)Walk-In ShowerWired for Sound

Exterior Features

Awning(s)LightingPrivate EntranceRain GuttersStorage

Property Details

Flooring

TileVinyl

Construction

Brick Veneer Fiber Cement

Views

City

Outdoor Features

PatioPorchDeck

Parking

DrivewayOn StreetCoveredAlleyGarageOpenGuest

Cooling

Ceiling Fan(s)Central AirElectric

Appliances

Built-In Electric RangeBuilt-In RangeDishwasherDisposalElectric OvenElectric RangeElectric Water HeaterExhaust FanFree-Standing Electric OvenMicrowaveOvenPlumbed For Ice MakerRangeSmart Appliance(s)Stainless Steel Appliance(s)Warming DrawerWater Heater

Questions & Answers

This 18-bedroom, 21-bathroom residential multi family at 720 Noble Town Way is listed at $4,200,000 ($463/sqft). The estimated monthly payment is $22,762 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance, HOA fees.

HOA fees are $300/month.

Key features include: Built in 2025, 2.16 acre lot, 3 stories, 2 parking spaces. Interior Features: Built-in Features, Ceiling Fan(s), Chandelier. Exterior Features: Awning(s), Lighting, Private Entrance.

This property is listed by Emily Mitchell.

EM

Emily Mitchell

Agent at Costello Real Estate and Investments

Listed by Costello Real Estate and Investments · Broker phone: (919) 917-9583 · View on Broker Site · Broker website

MLS# 10171500· Source: Doorify MLS· 151 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.

720 Noble Town Way #101-106, Raleigh, NC 27603

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