1006 Carlton Avenue, Raleigh, NC (MLS #10127969)
Listing courtesy of CAROLINAS METRO REALTY I LLC
1006 Carlton Avenue
Raleigh, NC 27606
Home for sale - Not in a Subdivision
SELLER FINANCING OPTIONS (NO Sub-to, no exceptions. Can do contract for deed).
Charming 1950 cottage in a coveted Residential Mixed-Use corridor—just minutes to Downtown and steps to the NCSU Wolfline bus. At ~1,200 SF, this small-but-mighty property has a strong history as an income-producing student rental and offers multiple paths forward: continue as a turnkey rental, convert to a live/work setup, or explore select commercial or expansion options permitted by zoning (buyer to verify). The site's proximity to a major university, transit, dining, and everyday amenities makes it an A+ location for long-term demand and future upside.
Highlights
~1,200 SF vintage 1950 home in Residential Mixed Use zoning
Proven income property; rent history available upon request
Steps to NCSU bus transit; quick access to Downtown, greenways, shops, and dining
Flexible path: continue rental, pursue live/work, small office, or other allowed uses*
Expansion potential—room to add on or reconfigure*
Hard-to-beat location with strong renter pool and redevelopment momentum
*All uses, density, and expansion potential subject to city approval; buyer to verify zoning, setbacks, parking, and any permitting requirements.
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Last updated 2026-01-30T04:49:40Z