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Homes & Real Estate - University Commons Lake Pk, Raleigh, NC

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Current Real Estate Statistics for Homes in Raleigh, NC (Community: University Commons Lake Pk)

1
Homes Listed
3
Avg. Days on Site
$232
Avg. $ / Sq.Ft.
$283,000
Med. List Price

University Commons Lake Park Homes for Sale in Raleigh, NC

Are you searching for homes for sale in University Commons Lake Park or planning to sell your home in this desirable Raleigh community? Located near North Carolina State University, this neighborhood offers a prime opportunity for homeowners, investors, and students alike. Whether you're looking to buy a home, explore the Raleigh real estate market, or work with a trusted local realtor, University Commons Lake Park is a great place to begin your journey.

University Commons Lake Park is known for its well-designed condo layouts, convenience to campus and downtown, and exceptional affordability. Whether you’re looking for a primary residence, a place for your college student, or a turnkey investment property, this community checks all the boxes. With rising demand and limited inventory, now is a great time to explore this part of Southeast Raleigh.


Why Buy a Home in University Commons Lake Park?

One of the main appeals of this neighborhood is its location. Situated just off Avent Ferry Road, residents enjoy quick access to NC State’s Main and Centennial campuses, downtown Raleigh, and I-440. If you're seeking a place that blends convenience, comfort, and community, University Commons Lake Park is worth a closer look.

Key reasons buyers choose this community:

  • Ideal for students, faculty, and young professionals

  • Affordable condo living with low maintenance needs

  • Close proximity to NC State University, downtown, and greenways

  • Public transit access and walkability

  • Community features like wooded views, parking, and patios

Whether you’re a parent looking to buy a home for your student or an investor wanting to diversify, University Commons Lake Park offers long-term value.


Real Estate in University Commons Lake Park

The real estate in University Commons Lake Park primarily consists of mid-sized condominiums built in the early 2000s. These condos typically feature 4-bedroom, 4-bath layouts with private en-suite bathrooms, making them highly appealing to student renters and roommates. This configuration creates strong rental demand and helps maintain stable home values.

Common features in homes for sale:

  • Four-bedroom condos with individual bedroom-bathroom suites

  • Open concept living spaces with shared kitchen and living areas

  • Balconies or patios offering private outdoor space

  • Washer/dryer hookups, dishwashers, and central HVAC systems

  • HOA-maintained exteriors and common areas

  • Plenty of resident and guest parking

Because of their size and efficiency, these condos make excellent starter homes or investment properties in the Raleigh real estate market.


Buy a Home in University Commons Lake Park

Ready to buy a home in this well-positioned community? Whether you're looking for a property to live in or rent out, the homes in University Commons Lake Park represent some of the most budget-friendly options near downtown Raleigh and NC State.

Helpful tips for buyers:

  • Secure financing early—many of these units qualify for conventional loans

  • Ask about HOA policies, rental rules, and monthly dues

  • Inspect for HVAC, appliance, and plumbing condition

  • Partner with a local realtor who understands the rental market and community nuances

The Raleigh Realty team knows this area well and can help you find and secure the right condo for your needs. Give us a call or text at 919-249-8536 or reach out online to get started.


Sell Your Home in University Commons Lake Park

Are you considering selling your unit in University Commons Lake Park? With strong demand and low inventory, sellers are in a favorable position. Whether you’re moving on or cashing in on your investment, we can help you list, market, and sell your home quickly and at top value.

What we offer sellers:

  • Free home valuation based on the latest comps and market trends

  • Targeted marketing toward student housing buyers and investors

  • Professional listing photos and MLS exposure

  • Negotiation expertise to secure the highest possible offer

  • Full-service closing coordination for a stress-free experience

To schedule a no-pressure consultation or request your home’s current value, call us at 919-249-8536 or contact us today.


Life in University Commons Lake Park

While primarily a residential condo community, the surrounding area is full of life and activity. Living here puts you within minutes of dining, entertainment, trails, and daily essentials. Students love the walkability to class, while professionals appreciate the easy commute downtown.

Community and lifestyle perks:

  • Easy access to NC State University, Mission Valley Shopping Center, and Lake Johnson

  • Near public transportation routes for simple commuting

  • Access to greenways and nearby parks

  • Restaurants, grocery stores, and gyms all close by

  • Quiet and safe environment ideal for focused study or relaxation

Whether you’re living here full-time or using your unit as a rental, the location supports a balanced, convenient lifestyle.


Real Estate Investment Opportunity

University Commons Lake Park is often targeted by real estate investors due to its strong rental history and excellent cash flow potential. The 4-bedroom, 4-bath layout lends itself well to student and roommate-style housing, allowing landlords to maximize rental income while keeping turnover low.

Why investors love this community:

  • Stable tenant pool from nearby NC State

  • Cash-flow potential with 4 bedrooms rented individually

  • Low-maintenance exterior due to HOA coverage

  • Strong resale value for updated units

  • Consistently low days on market when listing

Our team has worked with multiple investors in this neighborhood and can help with pricing, rental analysis, and acquisition strategy. Contact us today for a free consultation.


Why Work With Raleigh Realty?

We specialize in helping clients navigate competitive condo markets like University Commons Lake Park. Whether you’re buying, selling, or investing, we provide expert guidance from start to finish. Our local agents know the neighborhood inside and out and are ready to help you make your next move with confidence.

What makes us different:

  • Trusted local realtors with deep knowledge of Raleigh neighborhoods

  • Prompt, professional communication

  • Personalized buying and selling strategies

  • Investment analysis and ROI support

  • No-pressure consultations and honest advice

Call or text 919-249-8536 to speak with one of our neighborhood experts, or contact us here.


Your Next Step in University Commons Lake Park

If you're looking for homes for sale in Raleigh, specifically near NC State and downtown, University Commons Lake Park offers unbeatable value. Whether you're buying your first home, helping your child find a safe and affordable place to live, or expanding your rental portfolio, this neighborhood deserves your attention.

📞 Call or text us at 919-249-8536
📩 Contact us online for personalized support


Final Thoughts on University Commons Lake Park

University Commons Lake Park continues to attract attention from buyers and sellers alike due to its location, affordability, and practical layout. With so many conveniences nearby and Raleigh’s growth showing no signs of slowing, this neighborhood is a smart choice for a variety of homeowners and investors. Ready to explore more options? Visit our Raleigh real estate page for additional neighborhoods and listings. 

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