6-Unit Multifamily
For Sale
$4,200,000
720 Noble Town Way, Raleigh, NC 27603
Residential Income, Raleigh, NC
Property Size9,062 SF
Lot Size2.16 Acres
Price / SF$463.47
Days on Market117
Property Features for 720 Noble Town Way
General Information
Property type
Residential Multi Family
Property subtype
Other
Property condition
Under Construction
Bedrooms
18
Bathrooms
21
Full bathrooms
18
Half bathrooms
6
Rooms
Bedroom 13, Bathroom 21, Bathroom 22, Bedroom 3, Bathroom 9, Bathroom 4, Bedroom 12, Bathroom 14, Bedroom 17, Bedroom 7, Bathroom 17, Bedroom 18, Bedroom 15, Bathroom 11, Bathroom 7, Bathroom 19, Dining Room, Bedroom 5, Bedroom 6, Bathroom 2, Bedroom 14, Bathroom 10, Bathroom 1, Bathroom 6, Bathroom 20, Bathroom 18, Bedroom 8, Bedroom 10, Bedroom 4, Bathroom 15, Bathroom 23, Bedroom 11, Bedroom 2, Bathroom 8, Bathroom 12, Bathroom 13, Bedroom 16, Bathroom 16, Bathroom 3, Bedroom 1, Bedroom 9, Bathroom 5, Bathroom 24
Parking
2
Parking features
Guest, Alley, Covered, Open, Driveway, Garage, On Street
Vegetation
Grassed
Patio and Porch features
Porch, Deck, Patio
Interior features
Built-in Features, Ceiling Fan(s), Chandelier, Crown Molding, Double Vanity, Eat-in Kitchen, Entrance Foyer, High Ceilings, Kitchen Island, Kitchen/Dining Room Combination, Living/Dining Room Combination, Natural Woodwork, Open Floorplan, Pantry, Quartz Counters, Recessed Lighting, Shower Only, Smart Thermostat, Smooth Ceilings, Storage, Walk-In Closet(s), Walk-In Shower, Wired for Sound
Exterior features
Awning(s), Lighting, Private Entrance, Rain Gutters, Storage
Appliances
Built-In Electric Range, Built-In Range, Dishwasher, Disposal, Electric Oven, Electric Range, Electric Water Heater, Exhaust Fan, Free-Standing Electric Oven, Microwave, Oven, Plumbed For Ice Maker, Range, Smart Appliance(s), Stainless Steel Appliance(s), Warming Drawer, Water Heater
Subdivision
Noble Place Condominiums
Lot features
City Lot, Hardwood Trees, Interior Lot, Landscaped, Level, Rectangular Lot, Views, Zero Lot Line
View
City
Elementary school
Wake - Wiley Elementary
Middle school
Wake - Oberlin Middle
High school
Wake - Needham Broughton High
Standard status
Active
APN
1704309915-LO16
Size
9,062 SF
Lot size
2.16 Acres
Taxes and HOA fees
Tax Year
2025
HOA Fee
$300 Monthly
Utilities
Sewer type
Public Sewer
Cooling system
Central Air, Ceiling Fan(s), Electric
Water source
Public
Amenities
private garage
screened-in porches
private rooftop terraces
Building Details
Year built
2025
Floors in Building
3
Number of units
6
Flooring type
Vinyl, Tile
Building materials
Brick Veneer, Fiber Cement
Roof type
Shingle
Additional Structures
Storage
Listing Agency:
Costello Real Estate & Investm
(980) 938-8920
Listed By:
Emily Mitchell · License #284734
(919) 810-6520
Added: Jun 3
Changed: Sep 14
Last Checked: Sep 27 at 7:06PM
MLS# 10171500
Copyright © 2026 Doorify MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This under-construction multifamily property comprises six townhome-style condominium units at 720 Noble Town Way in Raleigh. The property measures 9,062 square feet on 2.16 acres, with completion identified for 2025. Each residence provides three bedrooms, or two bedrooms plus an office or flex space, along with three full bathrooms, a private garage, and a screened-in porch. Units 105 and 106 add a fourth story with private rooftop terraces.
Interior finishes and features include quartz counters, kitchen islands, open floorplans, walk-in closets, recessed lighting, crown molding, and stainless steel appliances. Construction combines brick veneer and fiber cement, with central air, public water, public sewer, shingle roofing, and covered, garage, driveway, alley, guest, open, and on-street parking features. HOA services cover exterior maintenance and lawn care.
Interior finishes and features include quartz counters, kitchen islands, open floorplans, walk-in closets, recessed lighting, crown molding, and stainless steel appliances. Construction combines brick veneer and fiber cement, with central air, public water, public sewer, shingle roofing, and covered, garage, driveway, alley, guest, open, and on-street parking features. HOA services cover exterior maintenance and lawn care.
Key Highlights
- Six townhome‑style condominium units
- 9,062 square feet on 2.16 acres
- Each unit includes 3 bedrooms or 2 bedrooms plus an office/flex space
Property Analytics
Current Use
Lease Details
6
Residential units
Location Intelligence
Trade Area within ½ mile
3,511
Businesses Nearby
Explore this area
Business Placement
Demographics for 27603, NC
54,616
Population
24,030
Households
2.3
Avg Household Size
34
Median Age
48%
College-Educated
94%
High-School Grad
51.4 sq mi
ZIP Area
1,063
Density / Sq Mi
$87,939
Median Household Income
$51,856
Median Earnings
$1,496
Median Rent
$347,000
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Multifamily property - Townhome-style residences feature private garages, screened porches, and three full bathrooms per unit.
Where is this multifamily property located?
The property is located at 720 Noble Town Way Raleigh, NC.
What is the asking price?
The asking price for this property is $4,200,000.
What are key features of this property?
This property features: Six townhome‑style condominium units; 9,062 square feet on 2.16 acres; Each unit includes 3 bedrooms or 2 bedrooms plus an office/flex space
