AppliancesBuilt-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
SubdivisionNoble Place Condominiums
Lot featuresCity Lot, Hardwood Trees, Interior Lot, Landscaped, Level, Rectangular Lot, Views, Zero Lot Line
ViewCity
Elementary schoolWake - Wiley Elementary
Middle schoolWake - Oberlin Middle
High schoolWake - Needham Broughton High
Standard statusPending
APN1704309915-LO16
Size9,062 SF
Lot size2.16 Acres
Taxes and HOA fees
Tax Year2025
HOA Fee$300 Monthly
Utilities
Sewer typePublic Sewer
Cooling systemCeiling Fan(s), Central Air, Electric
Water sourcePublic
Amenities
private garage
screened-in porches
private rooftop terraces
Building Details
Year built2025
Floors in Building3
Number of units6
Flooring typeTile, Vinyl
Building materialsBrick Veneer, Fiber Cement
Roof typeShingle
Additional StructuresStorage
Listing Agency:Costello Real Estate & Investm(980) 938-8920
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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.
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
Lease Details
6
Residential units
Location Intelligence
Trade Area within ½ mile
3,511
Businesses Nearby
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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
$347,000
Median Home Value
Market
Average Price Trend$/SFfor Multifamily properties in Raleigh, NC
$285Jul
$295Aug
$288Sep
$274Oct
Properties on Market for Multifamily properties in Raleigh
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
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New: 350 Mission StJust listed · $36/SF · 2 min ago