Cash-Flow Student Rental Near
206 Ashe Avenue, Raleigh, NC 27605
MULTI_FAMILY - Raleigh, NC
Type:Single Family Residence
Property size:
2,610 SFLot size:
0.17 Acres- Added:
- Nov 28, 2025
- Days on Market:
- 164
- Last Refresh:
- May 11 at 11:06 pm
Property Features for 206 Ashe Avenue
General Information
- Property type
- Residential Multi Family
- Property subtype
- Single Family Residence
- Bedrooms
- 6
- Bathrooms
- 2
- Rooms
- Bedroom 3, Bedroom 2, Bedroom 4, Bedroom 5, Basement, Bathroom 2, Bathroom 1, Bedroom 1, Bedroom 6
- Parking
- 8
- Parking features
- Parking Lot, Open, Garage, Oversize, Off Street
- 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
- Standard status
- Pending
- APN
- 170305191740000 0038433
- Size
- 2,610 SF
- Lot size
- 0.17 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Description
- Ashe Av
- Tax Annual Amount
- 5688
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
- Shingle, Asphalt
- Additional Structures
- Storage
Listing agent Doro Taylor (919) 868-6399
Listing office CityGate Real Estate Services, 708 Glenwood Ave, Raleigh, NC (919) 830-3590
Listing date Nov 28, 2025
MLS# 10135162
Listing URL
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HighLights
- High cash flow student rental property generating $6500/month with leases in place until July of the 2027 school year, increasing to $6750/month.
- Located within walking distance to NCSU and nearby amenities.
- Features 6 large bedrooms.
- Original hardwood floors.
- Granite and stone countertops.
- Includes a full suite of appliances: refrigerator, washer, dryer, dishwasher, oven, and more.
Overview
This property is a student rental located near NCSU. It features original hardwood floors and includes 6 bedrooms. 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. The property is located in Raleigh, NC.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Single family properties
Location Insight
- Map
- Local Demand
- City
- Raleigh
- County
- Wake
- State
- North Carolina
- Longitude
- -78.658973
- Latitude
- 35.781976
Nearby Similar for Sale
FAQs
What type of property is this?
Single family property - NCSU area rental property with leases in place through July.
Where is this single family property located?
The property is located at 206 Ashe Avenue Raleigh, NC.
What is the asking price?
The asking price for this property is $1,249,950.
What are key features of this property?
This property features: High cash flow student rental property generating $6500/month with leases in place until July of the 2027 school year, increasing to $6750/month.; Located within walking distance to NCSU and nearby amenities.; Features 6 large bedrooms.
