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206 Ashe Ave Raleigh, NC 27605

For Sale
$1,295,000

MULTI_FAMILY - Raleigh, NC

Type:Single Family Residence
Property size:
2,610 SF
Lot size:
0.17 Acres
Days on Market:
10
Last Refresh:
Dec 7 at 12:06 am

Property Features for 206 Ashe Ave

General Information

Special listing conditions
Standard
Property type
Residential Multi Family
Property subtype
Single Family Residence
TransactionType
Standard
Standard status
Active
Rooms
Bedroom 5, Basement, Bedroom 6, Bedroom 4, Bedroom 1, Bedroom 2, Bathroom 1, Bedroom 3, Bathroom 2
Bedrooms
6
Bathrooms
2
APN
170305191740000 0038433
Parking
8
Parking features
Off Street, Parking Lot, Open, Garage, Oversize
Patio and Porch features
Porch
Interior features
Bathtub/Shower Combination, Ceiling Fan(s), Granite Counters, Pantry, Primary Downstairs, Smooth Ceilings, Stone Counters, Storage
Exterior features
Permeable Paving, Private Entrance, Private Yard, Rain Gutters, Storage
Basement
Full, Storage Space, Unfinished
Appliances
Built-In Electric Range, Built-In Range, Dishwasher, Dryer, Free-Standing Refrigerator, Gas Water Heater, Ice Maker, Induction Cooktop, Oven, Plumbed For Ice Maker, Refrigerator, Washer, Washer/Dryer, Water Heater
Size
2,610 SF
Lot size
0.17 Acres

Utilities

Sewer type
Public Sewer
Heating system
Central
Cooling system
Gas (Cooling), Central Air
Water source
Public

Building Details

Year built
1901
Floors in Building
2
Number of units
1
Flooring type
Wood, Tile
Building materials
Brick
Roof type
Asphalt, Shingle
Additional Structures
Storage

Citygate Real Estate Services (919) 522-2901 [email protected]

Listing agent Doro Taylor (919) 868-6399

Listing date Nov 28, 2025

MLS# 10135162 Listing URL

Copyright © 2025 Doorify MLS of North Carolina. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


Overview

Raleigh Multi-Family Student Rental

This multi-family property is located in Raleigh, North Carolina. The property features original hardwood floors and contains 6 bedrooms. It is located within walking distance of NCSU and nearby amenities. The property generates an income of $6500 per month, with leases extending until July of the 2027 school year, at which point the income will be $6750. The lot size is 0.17 acres, and the property size is 2610 square feet. There is an easement that allows the neighbor to use the shared driveway.
Property Profile Location Intelligence

Current Use by Public Records

Single family properties

Suggested Use

Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Daycare Center

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Raleigh
County
Wake
State
North Carolina
Longitude
-78.658973
Latitude
35.781976

FAQs

What type of property is this?
Single family property - Cash-flowing NCSU student rental with leases until July 2027.
Where is this single family property located?
The property is located at 206 Ashe Ave Raleigh, NC.
What is the asking price?
The asking price for this property is $1,295,000.
What are key features of this property?
This property features: - High cash flow student rental property with $6500/month income, increasing to $6750/month in July 2027.; - Prime location: **Walking distance to NCSU and nearby amenities.**; - Six large bedrooms, ideal for student housing.
More about this property
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