X
Listing courtesy of Berkshire Hathaway HomeService

1006 Carlton Avenue
Raleigh, NC 27606

Home for sale - Not in a Subdivision

Exceptional investment opportunity one block from NC State University—just a three-minute walk to campus! Designed for strong rental flexibility, the property offers four bedrooms, two full baths, and an additional flex space that could serve as a fifth bedroom, office, or study. If rented with 5 bedroom spaces monthly cash flow could easily surpass $4,000, giving an investor the potential to maximize rental income and cash flow. Residents can walk to classes, Greek Village, restaurants, shopping, and everyday conveniences, helping drive consistent demand. See attached survey for likely placement of an optional ADU, which offers additional upside and value add. With its highly desirable location and income-producing potential, this property offers a rare opportunity to own rental housing in the heart of the NC State community.

Open House:

  • Listing Price: $419,000

  • Square Feet: 1285

  • Bedrooms: 4

  • Bathrooms: 2 full, 0 half

  • Acres: 0.14

Get Driving Directions

Last updated 2026-09-30T05:00:09Z

Don't Let This Get Away!

Our team is knowledgeable about the area and love to help! Fill out the information below and we will reply to your request quickly.

Would you like to schedule a showing?

Choose a preferred showing date and time:

date:   time:

Choose an alternate date and time:

date:   time:
Please prove you are a human

IDX CopyrightThe 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 eXp Realty are marked with the Internet Data Exchange TM logo or the Internet Data ExchangeTM thumbnail logo and detailed information about them includes the name of the listing firms. Copyright 2026 Triangle MLS, Inc. of North Carolina. All rights reserved. The listing broker has attempted to offer accurate data, but buyers are advised to confirm all items. Information deemed reliable but not guaranteed.