LKV Realty
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$475,000
$2,400Reward *
1006 Carlton Avenue, Raleigh, NC 27606Listing ID 10127969

1006 Carlton Avenue, Raleigh, NC 27606

Active
Time on site: 304 daysLast updated: Nov 24, 2025
Property Type
Property Type
Residential
Property Sub Type
Property Sub Type
Single Family Residence
Bedrooms
Bedrooms
4
Bathrooms
Bathrooms
2
Square Feet
Square Feet
1,200
Acres
Acres
0.14
Days on Site
Days on Site
304
Cooling
Cooling
Central Air, Electric, Wall/Window Unit(s)
Heating
Heating
Central, Electric, Forced Air
Year Built
Year Built
1950
Stories
Stories
2
Parking
Parking
Asphalt, No Garage, Open, On Site, Outside, Parking Lot

SELLER FINANCING OPTIONS (NO Sub-to, no exceptions. Can do contract for deed). Charming 1950 cottage in a coveted Residential Mixed-Use corridor—just minutes to Downtown and steps to the NCSU Wolfline bus. At ~1,200 SF, this small-but-mighty property has a strong history as an income-producing student rental and offers multiple paths forward: continue as a turnkey rental, convert to a live/work setup, or explore select commercial or expansion options permitted by zoning (buyer to verify). The site's proximity to a major university, transit, dining, and everyday amenities makes it an A+ location for long-term demand and future upside. Highlights ~1,200 SF vintage 1950 home in Residential Mixed Use zoning Proven income property; rent history available upon request Steps to NCSU bus transit; quick access to Downtown, greenways, shops, and dining Flexible path: continue rental, pursue live/work, small office, or other allowed uses* Expansion potential—room to add on or reconfigure* Hard-to-beat location with strong renter pool and redevelopment momentum *All uses, density, and expansion potential subject to city approval; buyer to verify zoning, setbacks, parking, and any permitting requirements.

Property Information

Property Details

Location

Address
1006 Carlton Avenue
County
Wake
City
Raleigh
Zip Code
27606
High School
Wake - Athens Dr
Elementary School
Wake - Olds
Elena Sergeevna Stoyanova CAROLINAS METRO REALTY I LLC, (919) 391-5555

Interior Features

Beds and Baths

Bedrooms
4
Main Level Bedrooms
2
Full Bathrooms
2

Building

Building Information

Square Feet
1,200
Year Built
1950
Stories
2
Construction
Brick, Vinyl Siding
Foundation
Crawlspace
Roof
Shingle

Financial

Special Conditions
Seller Licensed Real Estate Professional

Property Taxes

Tax Annual Amount
$2,873
Tax Year
2025

Market Report for 27606

* The market data shown is based on available information from Multiple Listing Service (MLS) and/or public records. Data provided is for informational and educational purposes only and may not represent the full housing market. For more accurate information, consumers should consult a certified appraiser or licensed real estate agent.

*Average of $2,150 in rewards is calculated based on the purchase or sale of a home between $400,000 to $449,000. The median home price for all housing types is in the United States is $405,400 as of 2025 as reported by the National Association of Realtors® (NAR). The actual reward amount may vary depending on the purchase or sales price of the home. Please see the Lakeview Home Rewards program terms and conditions for more details. The National Association of Realtors® is a registered trademark of the National Association of Realtors®.

Source: Doorify MLS, Inc.
Doorify MLS, Inc. logo

Brokers make an effort to deliver accurate information, but buyers should independently verify any information on which they will rely in a transaction. The listing broker shall not be responsible for any typographical errors, misinformation, or misprints, and they shall be held totally harmless from any damages arising from reliance upon this data. This data is provided exclusively for consumers’ personal, non-commercial use. Listings marked with an icon are provided courtesy of Doorify MLS, Inc. of North Carolina, Internet Data Exchange Database. Copyright 2026 Doorify MLS, Inc. of North Carolina. All rights reserved.

For corrections to this data please contact Brytecore MLS Support.

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