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1221 University Ct #304, Raleigh, NC 27606
1221 University Ct #304, Raleigh, NC 27606
1221 University Ct #304, Raleigh, NC 27606
1221 University Ct #304, Raleigh, NC 27606
1221 University Ct #304, Raleigh, NC 27606
1221 University Ct #304, Raleigh, NC 27606
1221 University Ct #304, Raleigh, NC 27606

1221 University Ct #304 Raleigh, NC 27606

$283,000

ACTIVE
Beds
4
Baths
4
Sqft
1,219
Acres
Year
1997
Days on Site
1
Property Type
Residential Income
Sub Type
Condominium
Per Square Foot
$232
Date Listed
Sep 5, 2025

Description of 1221 University Ct #304, Raleigh, NC 27606

Listing details for 1221 University Ct #304, Raleigh, NC 27606 : INVESTORS! NCSU PARENTS AND STUDENTS! Prime Investment Opportunity at University Commons - Lake Park. This 4 Bedroom+ 4 Bathroom condo is an excellent opportunity for steady rental income. Currently, three bedrooms are leased through July 2026, with the fourth bedroom vacant and ready to be rented. Each bedroom features a private en-suite bath and walk-in closet. There is a shared living area, kitchen, washer/dryer as well as a porch and additional storage outside. Three bedrooms are currently leased through 7/31/26 at $625, $600, $600/month each (Potential total income of $2,400/month when fully occupied and upwards of $3200 depending on choice of management and upgrades). Utilities included in rent: Water (capped at $50/unit) and electricity (capped at $100/unit). Water heater replaced March 2024, HVAC/Heat Pump replaced 2015, Roof replaced 2014. Walking distance to Lake Johnson Close to walking trails and North Carolina State University (NCSU). Convenient access to the NC State WolfLine bus route. Quick access to downtown Raleigh and I-40. Community Amenities include Pool, Volleyball and Basketball courts. Please note that there are 3 tenants in the condo so access will be limited and at least 24hr notice is required. Enjoy!
Listing Updated : 09-05-2025 at 05:30 PM EST
Home Details
1221 University Ct #304, Raleigh, NC 27606
Status
Active
MLS #ID
10120119
Price
$283,000
Bedrooms
4
Bathrooms
4
Square Footage
1,219
Acres
Year
1997
Days on Site
1
Property Type
Residential Income
Property Sub Type
Condominium
Price per Sq Ft
$232
Date Listed
Sep 5, 2025
Community Information for 1221 University Ct #304, Raleigh, NC 27606
Address
1221 University Ct #304
State
North Carolina
Zip Code 27606
County
Wake
Schools

Source Doorify MLS. We recommend clicking to confirm Wake County School Assignments or contacting WCPSS directly.

Utilities
Sewer
Public Sewer
Water Source
Public
Interior
Appliances
Dishwasher, Electric Range, Electric Water Heater, Refrigerator and Washer/Dryer
Heating
Electric, Forced Air and Heat Pump
Cooling
Central Air and Heat Pump
Fireplace
No
Exterior
Roof
Shingle
Foundation
Slab
HOA
Has HOA
Yes
Services included
None
HOA fee
$205.35 Monthly
Additional Information
Styles
Price per Sq Ft
$232
Listed By

Kristina Nieshalla, 919-696-9622, Dwell Raleigh Real Estate

Source

Triangle, MLS, MLS#: 10120119

Source Logo
Home Worth Check

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Location of 1221 University Ct #304, Raleigh, NC 27606

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This beautiful 4 beds 4 baths home is located at 1221 University Ct #304, Raleigh, NC 27606 and is listed for sale at $283,000.00. This home was built in 1997, contains 1219 square feet of living space, and sits on a acre lot. This residential home is priced at $232.16 per square foot.

If you'd like to request a tour or more information on 1221 University Ct #304, Raleigh, NC 27606, please call us at 919​-249​-8536 so that we can assist you in your real estate search. To find homes like 1221 University Ct #304, Raleigh, NC 27606, you can search homes for sale in Raleigh , or visit the neighborhood of University Commons Lake Pk , or by 27606. We are here to help when you're ready to contact us!

Schools Near 1221 University Ct #304, Raleigh, NC 27606

Home Details
1221 University Ct #304, Raleigh, NC 27606
Status
Active
MLS #ID
10120119
Price
$283,000
Bedrooms
4
Bathrooms
4
Square Footage
1,219
Acres
Year
1997
Days on Site
1
Property Type
Residential Income
Property Sub Type
Condominium
Price per Sq Ft
$232
Date Listed
Sep 5, 2025
Community Information for 1221 University Ct #304, Raleigh, NC 27606
Address
1221 University Ct #304
State
North Carolina
Zip Code 27606
County
Wake
Schools

Source Doorify MLS. We recommend clicking to confirm Wake County School Assignments or contacting WCPSS directly.

Utilities
Sewer
Public Sewer
Water Source
Public
Interior
Appliances
Dishwasher, Electric Range, Electric Water Heater and Refrigerator
Heating
Electric and Forced Air
Cooling
Central Air and Heat Pump
Fireplace
No
Exterior
Roof
Shingle
Foundation
Slab
HOA
Has HOA
Yes
Services included
None
HOA fee
$205.35 Monthly
Additional Information
Styles
Price per Sq Ft
$232
Listed By

Kristina Nieshalla, 919-696-9622, Dwell Raleigh Real Estate

Source

Triangle, MLS, MLS#: 10120119

Source Logo

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