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2020 University Woods Rd #203, Raleigh, NC 27603

Sold for $280,000

2020 University Woods Rd #203 Raleigh, NC 27603

$280,000

CLOSED

Beds

Baths

Sqft

1,322

Year

2000

Close Date

Apr 2, 2025

Property Type

Residential

Sub Type

Condominium

Per Square Foot

$212

Date Listed

Feb 26, 2025

Description of 2020 University Woods Rd #203, Raleigh, NC 27603

Listing details for 2020 University Woods Rd #203, Raleigh, NC 27603 : Investor Alert! This is one of the best cash-flowing properties around—don't miss out! Serious inquiries only—viewings can be tricky, so make sure you're ready with cash or financing in place. Non-warrantable. With rental season for student housing right around the corner, now is the perfect time to jump on this opportunity! One tenant is already in place, with three additional rooms available to rent at $600/month each. Got a student starting college next year? This property offers a safe, convenient place for them to live while generating income every month. Check the documents for financials and projections. Recent updates include: Water heater 2024 and HVAC 2023. These sell quickly so jump fast!

Listing Updated : 10-14-2026 at 2:15 PM EDT

Property Details

Property Overview

Listing Price

$280,000

MLS #ID

10078627

Close Price

$280,000

Close Date

Apr 2, 2025

Bedrooms

Bathrooms

Square Footage

1,322

Year

2000

Days on Site

610 Days

Property Type

Residential

Property Sub Type

Condominium

Price per Sq Ft

$212

Date Listed

Feb 26, 2025

Location

Street Address

2020 University Woods Rd #203

City

Raleigh

State

North Carolina

ZIP Code

27603

County

Wake

Neighborhood / Subdivision

University Woods

Driving Directions

FRO 40 TAKE THE GORMAN STREET EXIT SOUTH. HEAD SOUTH ON GORMAN STREET TO TRYON ROAD. TURN LEFT. TURN LEFT ONTO TRAILWOOD - RIGHT ONTO CENTENNIAL WOODS - LEFT ONTO SOUTHERN WADES COURT - RIGHT ONTO UNIVERSITY WOODS RD.

Schools

Elementary School

Swift Creek

Middle School

Dillard

High School

Athens Dr

Home Specification

Bedrooms

Bathrooms

4 Full

Total Square Feet

1,322

Construction / Architecture

Year Built

2000

Style

Transitional

Construction Materials

Vinyl Siding

Foundation

Slab

Roof

Asphalt

New Construction

Price per Sq Ft

$212

Interior Details

Appliances

Built-In Electric Range, Dishwasher and Refrigerator

Flooring

Carpet and Vinyl

Fireplace

Heating

Forced Air

Cooling

Central Air and Electric

Exterior Details

Garage

Parking Features

Assigned and Permit Required

Fencing

None

Water Source

Public

Sewer

Public Sewer

Taxes, HOA & Financing

HOA Fee

$235 Monthly

HOA Frequency

Monthly

HOA Fee Includes

Maintenance Grounds, Trash

Association Amenities

Maintenance Structure, Management and Parking

Room Details

Room Type	Level	Dimensions
Primary Bedroom	Main	12.9 × 11.4
Bedroom 2	Main	12.9 × 11.8
Bedroom 3	Main	12.8 × 10
Bedroom 4	Main	12.8 × 9.11
Living Room	Main	12.1 × 12
Laundry	Main	2.7 × 5.3
Kitchen	Main	12.2 × 10.9
Dining Room	Main	12.2 × 7.11

Listing Provided By

Armand Lenchek, 919-624-3692, EXP Realty LLC

Properties displayed may be listed or sold by various participants in the MLS

Source

Triangle, MLS, MLS#: 10078627

What's this home worth?

National portals guess with an algorithm. We price it from actual closed sales on your street.

Your home value estimate

$249K – $300K

Exact number$2,845,000

Want an exact number? Use an Agent, not an algorithm.

Is this your home?

Claim it to unlock a private owner dashboard, track your equity, and get a free monthly value report.

What's this home worth?

National portals guess with an algorithm. We price it from actual closed sales on your street.

Your home value estimate

$249K – $300K

Exact number$2,845,000

Want an exact number? Use an Agent, not an algorithm.

Is this your home?

Claim it to unlock a private owner dashboard, track your equity, and get a free monthly value report.

Property History

DateEventPrice

4/2/2025

Sold

$280,000

$212/sqft

Source:

Triangle, MLS #10078627

2/26/2025

Listed for sale

—

Source:

Triangle, MLS #10078627

8/25/2023

Sold

$275,000

$208/sqft

Source:

Triangle, MLS #2523019

7/21/2023

Listed for sale

—

Source:

Triangle, MLS #2523019

7/6/2023

Leased

$575

$0/sqft

Source:

Triangle, MLS #2508387

5/2/2023

Listed for Rent

—

Source:

Triangle, MLS #2508387

7/16/2019

Sold

$170,000

$129/sqft

Source:

Triangle, MLS #2262261

6/19/2019

Listed for sale

—

Source:

Triangle, MLS #2262261

Location of 2020 University Woods Rd #203, Raleigh, NC 27603

Streetview of 2020 University Woods Rd #203, Raleigh, NC 27603

Mortgage Calculator

Schools Near 2020 University Woods Rd #203, Raleigh, NC 27603

What's this home worth?

National portals guess with an algorithm. We price it from actual closed sales on your street.

Your home value estimate

$249K – $300K

Exact number$2,845,000

Want an exact number? Use an Agent, not an algorithm.

Is this your home?

Claim it to unlock a private owner dashboard, track your equity, and get a free monthly value report.

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Sold Homes Similar to 2020 University Woods Rd #203, Raleigh, NC 27603

Sold on Oct 23, 2026

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Closed

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Sqft

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Acres

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Acres

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The data relating to real estate for sale on this web site comes in part from the Internet Data ExchangeTM Program of the Triangle MLS, Inc. of Cary. Real estate listings held by brokerage firms other than Raleigh Realty Inc are marked with the Internet Data Exchange TM logo or the Internet Data ExchangeTM thumbnaillogo (the TMLS logo) and detailed information about them includes the name of the listing firms.

Listings marked with an icon are provided courtesy of the Triangle MLS, Inc. of North Carolina, Internet Data Exchange Database. Listing firm has attempted to offer accurate data, but the Information is Not Guaranteed and buyers are advised to confirm all items.