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    Income-Producing 4BR Condo Title is generated by Realmo AI

    3000 Centennial Woods Drive, Raleigh, NC 27603

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    For Sale
    $265,000

    MULTI_FAMILY - Raleigh, NC

    Property size:
    1,391 SF
    Price / SF:
    $190/SF
    Added:
    Mar 8, 2026
    Days on Market:
    118
    Last Refresh:
    Jul 4 at 5:06 pm

    Property Features for 3000 Centennial Woods Drive

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Bedrooms
    4
    Bathrooms
    4
    Rooms
    Bathroom 2, Bathroom 3, Bathroom 4, Bedroom 1, Bedroom 3, Bathroom 1, Bedroom 2, Bedroom 4
    Parking features
    Parking Lot
    Standard status
    Active
    APN
    079205077812044 0276248
    Size
    1,391 SF

    Taxes and HOA fees

    Tax Year
    2025
    Tax Description
    Univ Woods @ Centennial Bld3000 Un204
    Tax Annual Amount
    2387

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Central, Heat Pump (Heating)
    Cooling system
    Central Air, Ceiling Fan(s), Heat Pump
    Water source
    Public

    Building Details

    Year built
    2000
    Floors in Building
    1
    Number of units
    1
    Flooring type
    Carpet, Vinyl
    Building materials
    Vinyl Siding
    Roof type
    Shingle

    We can help!

    Contact an agent
    Ellisha Mayers

    Listing agent Ellisha Mayers License #311944

    Listing office Century 21 New Beginnings 897 Towne Centre Blvd, Clayton, NC

    Listing date Mar 8, 2026

    MLS# 10151367 Listing URL

    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.

    HighLights

    • 4BR/4BA income‑producing condo with 3 tenants in place and leases running through July 2027
    • Current rents of $550 per room, increasing to $580 per room in August (full occupancy shown as $2,320/month)
    • HOA‑installed new roof in 2025; water heater replaced in November 2024
    • Heat pump installed in 2016; central air, central heating, and ceiling fans
    • Fresh paint throughout; vinyl siding with carpet and vinyl flooring
    • Fridge, washer, and dryer convey; $5,000 buyer concession offered

    Overview

    This income-producing 4BR/4BA condo is configured with four bedrooms and four private baths and is currently set up with three tenants in place. The unit is professionally managed by Preiss Company, and the seller reports leases in place running through July 2027. Updates include a new roof installed by the HOA in 2025, a water heater replaced in November 2024, fresh paint throughout, and a heat pump installed in 2016. The seller also reports that the refrigerator, washer, and dryer convey with the sale.

    Located in the Raleigh, NC area on Centennial Woods Drive, the property is positioned near NC State and other higher-education and daily-destination locations, including Meredith College and Centennial Campus. The listing also notes proximity to downtown Raleigh, major highways, shopping, and an approximate 15-minute drive to RDU.

    For tenants, the room-by-room structure and private bath layout support independent living arrangements within an actively managed property. For buyers, it offers a hands-off option with existing management in place and reported rent structure that increases in August. Owner-occupant or parent buyers are noted as having flexibility, with Preiss Company indicating it can assist current tenants with relocating within the managed portfolio when needed. Seller concessions are reported as $5,000 toward closing costs.
    Property Profile Location Intelligence

    Current Use by Public Records

    Residential income properties

    Suggested Use

    Law Firm Spa & Massage Center Hair Salon Nail Salon Skin Care Clinic Building Supply Department Store HVAC Service Bar & Pub Barber Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Raleigh
    County
    Wake
    State
    North Carolina
    Longitude
    -78.694216
    Latitude
    35.749367

    FAQs

    What type of property is this?
    Residential income property - Move-in-ready unit with private baths, active leases through July 2027, and appliances conveying under professional management.
    Where is this residential income property located?
    The property is located at 3000 Centennial Woods Drive Raleigh, NC.
    What is the asking price?
    The asking price for this property is $265,000.
    What are key features of this property?
    This property features: 4BR/4BA income‑producing condo with 3 tenants in place and leases running through July 2027; Current rents of $550 per room, increasing to $580 per room in August (full occupancy shown as $2,320/month); HOA‑installed new roof in 2025; water heater replaced in November 2024
    More about this property
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