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Terri Bias

Operator/Brokerage Owner | Terri Bias and Associates | PLACE

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1231 University Ct Unit 304 , Raleigh, NC 27606
$262,000
Est. Payment: $1,342.09/mo
4 Bed
4 Bath
1219 Sqft
Status: active | Days on site: 30
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VCR-C15903466 - VCR-C159091383,VCR-C159052275
By proceeding and clicking the sign up button, you consent to receive calls and texts (SMS/MMS) including marketing and promotional communications, from Terri Bias, its affiliates, and agents or vendors acting on their behalf. These communications may be delivered using an automatic telephone dialing system or by using an artificial or prerecorded voice. Message and data rates may apply. To opt out of text messages, reply STOP. Your consent is not required as a condition of any purchase. By continuing, you also agree to our Terms of Use and Privacy Policy.
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Terri Bias
Operator/Brokerage Owner
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House Description

INVESTOR ALERT!! Prime investment opportunity - 4 bedroom/ 4 bathroom with large living area, galley kitchen, balcony, laundry closet - the perfect set up for roommates! Each bedroom has a full en suite bathroom and walk-in closet. No carpet! Wood laminate flooring throughout. Newer appliances. HVAC 2022. Washer and Dryer are included. Walking/biking distance to NC State campus, Lake Johnson, hiking trails/greenway, Village District, Farmers Market, downtown Raleigh. WOLFLINE bus route. The Lake Park amenities include: swimming pool, volleyball, basketball courts, playground. Currently ALL 4 bedrooms are leased through July 2027. Steady income of $2300 per month. Wilson Property Management is onsite or you can hire your own management co.
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Highlights

Listed by Jeannie Kyle , 919-215-3631 Berkshire Hathaway HomeService , 919-782-6641. Triangle MLS, Inc. of North Carolina mls logo

Property Type

Condo/Townhome

HOA Fee

202 Monthly

Year Built

1997

County

Wake

 Neighborhood

Lake Park

Listing ID

10182546

Questions about this listing?

Contact Agent

Interior Features

Bedrooms and Bathrooms
  • ▪ Bedrooms:4
  • ▪ Bathrooms:4
  • ▪ Full Bathrooms:4
Appliances:Dishwasher, Dryer, Electric Oven, Electric Range, Free-Standing Electric Range, Oven, Range, Range Hood, Refrigerator, Washer, Washer/Dryer, Water Heater
Air Cond:Central Air
Fireplaces:
Floor:Laminate,Simulated Wood,Vinyl
Above Ground Sq Ft:1219
Below Ground Sq Ft:0
Other:
  • ▪ Additional:Apartment/Suite, Bathtub/Shower Combination, Breakfast Bar, Ceiling Fan(s), Laminate Counters, Living/Dining Room Combination
Water:Public

Exterior Features

Zoning:R-10
Roof:Shingle
Others:
  • ▪ Additional:Balcony, Lighting, Private Entrance, Covered, Porch
Sewer:Public Sewer
Parking Features:Common,On Site,Parking Lot,Unassigned
Principal Interest
$1,342
Taxes
$195
HOA
$202

Home Price

$262,000

Loan Details

30 yrs
6.625%

Down Payment

20%
$52,400
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$1,342.09

Principal

Taxes

HOA

Principal Taxes HOA Total
Monthly $1,342.09 $194.75 $202.00 $1,738.84
Yearly $16,105.10 $2,336.99 $2,424.00 $20,866.09
Total $483,153.04 $70,109.70 $72,720.00 $625,982.74

Today's Rates

30 Year

6.63%

20 Year

6.38%

15 Year

6%

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Market insight data is pulled from the same city as the listing being viewed (Raleigh, NC).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Information Not Guaranteed.
Listings marked with an icon are provided courtesy of the Triangle MLS, Inc. of North Carolina, Internet Data Exchange Database.
©2026 Triangle MLS, Inc. of North Carolina. All rights reserved.

Data last updated: 2026-08-24T13:40:36.000Z

© 2026 Triangle MLS, Inc. of North Carolina

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