1006 Carlton Avenue, Raleigh, NC 27606

• 4 beds |
• 2 baths |
• 1,285 sqft

Property Description

Exceptional investment opportunity one block from NC State University—just a three-minute walk to campus! Designed for strong rental flexibility, the property offers four bedrooms, two full baths, and an additional flex space that could serve as a fifth bedroom, office, or study. If rented with 5 bedroom spaces monthly cash flow could easily surpass $4,000, giving an investor the potential to maximize rental income and cash flow. Residents can walk to classes, Greek Village, restaurants, shopping, and everyday conveniences, helping drive consistent demand. See attached survey for likely placement of an optional ADU, which offers additional upside and value add. With its highly desirable location and income-producing potential, this property offers a rare opportunity to own rental housing in the heart of the NC State community.

Listing Status:

Active

Date Added:

September 1, 2026

Data Last Updated:

September 22, 2026 at 7:39AM

Listing Office:

Berkshire Hathaway HomeService : 919-782-6641

Listing Agent:

George Patrick III : 919-278-7420

MLS ID:

10189998

Interior

• General: Laminate CountersTrack Lighting
• Appliances: DishwasherElectric RangeFree-Standing RangeMicrowaveStainless Steel Appliance(s)
• Flooring: CarpetLuxury VinylWood
• A/C: Central Air
• Heating: CentralElectricForced Air
• Disability Feature: Accessible Approach with Ramp

Exterior

• General: Private YardRain Gutters
• Style: Cape CodTraditional
• Other Structures: Deck
• Parking: ConcreteDrivewayParking Pad

Construction

• Roofing: Shingle
• General: Aluminum Siding1Crawlspace

Location

• Originating MLS: Doorify MLS
• County: Wake

Lot

• Zoning: RX-3Lo2 Vfs Land Co LLC Property Bm2010-00240079417203466000 0035155
• Fencing: Back YardFenced

Utilities

• Water: Public
• Sewer: Public Sewer

Financial

• Source: Doorify MLS