Residential > Condo
Active
10/24/2025
List Price
$297,000$255/ft²
1241 University Ct 204
Raleigh, NC 27606
- 4Beds
- 4Baths
- 1,165ft²Living Area
- -Lot Size
- -Pool
- 4Car
- 1997Year Built
- 10DOM
- -Permit
1241 University Ct 204, Raleigh, NC 27606 is a 4 bed, 4 bath, 1,165 ft² condo built in 1997 .
Property Valuations
Latest estimates for 1241 University Ct 204 based on TopHap automated valuation model (AVM).
TopHap Estimate
$232,592
$190/ft²
-$64K below List Price
Updated 9 months ago
1241 University Ct 204 is valued at $232,592 by TopHap AVM 9 months ago.
MLS Description
The listing agent's description. Original Listing
NCSU PARENTS & STUDENTS & INVESTORS! Excellent income-producing property at University Commons - Lake Park! This spacious 4-bedroom, 4-bath condo features four private en suite units, each with its own full bath and walk-in closet - ideal for generating strong, steady rental income. Shared spaces include a comfortable living room, fully equipped kitchen, washer/dryer, and private balcony with outdoor storage. Currently, one bedroom is leased at $800 per month through December 29, 2025, with electricity, water/sewer, and internet included (paid by landlord). The remaining three bedrooms are vacant and ready to rent, offering excellent upside potential. When fully occupied, the property's income potential $3,200/month. Located within walking distance to Lake Johnson, walking trails, and NC State University, with easy access to the WolfLine bus route, downtown Raleigh, and I-40. Community amenities include a pool, volleyball court, and basketball court. Please note: property is tenant-occupied, please note a 24-hour notice required for showings. An outstanding opportunity to own a turnkey, income-producing property or a perfect setup for NCSU students seeking private suites with shared living comfort.
Listing Agents
The listing agent for 1241 University Ct 204 is Cheryl Perry.
CP
Cheryl Perry
Raleigh Realty Inc.
Phone: (919) 249-8536
Current Ownership
Information about the current owner(s).
Taxes Billed
Taxes billed in 2024$2,327.43From latest Total Assessed Value0.88%Total Assessed Value$265,680=Land+
Assessed Value$0Additions
Assessed Value$265,680
In 2024, taxes billed for 1241 University Ct 204 were $2,327.43, which is 0.88% from latest Total Assessed Value of $265,680.
Property History
1241 University Ct 204 has undefined property events records (listings, deeds, permits, tax, foreclosure, loan).
Property Events
Environment
Environmental factors around 1241 University Ct 204
Hazard Risks
Hurricane209Weather148Nat'l Avg100Hail99Carb Mono97Particulates95Wind95Tornado88Air Pollution87Ozone81Lead51Earthquake40
12 hazards (Carbon Monoxide, Earthquake Risk, Hail Index, Tornado Index, Hurricane Index, Air Pollution Index, Ozone Index, Wind Index, Weather Risk, Lead Index, Particulate Matter, National Average) are above the national average around 1241 University Ct 204.
Walkability Index
0 /20
Most Walkable
20-18
Very Walkable
17-15
Somewhat Walkable
14-10
Car Dependent
9-0
1241 University Ct 204 has a walkability score of 0 out of 20, which means that it is in a car dependent area.
Temperature
Seasonal temperature sampled over multiple years
Winter
Average
Low
31°F
High
53°F
Summer
Average
Low
66°F
High
87°F
In the winter at 1241 University Ct 204, temperatures range from 31.36°F to 52.9°F with an average of 42.13°F. In the summer, the temperature ranges from 66.31°F to 87.4°F with and average of 76.86°F.
School Information
Public/private schools serving 1241 University Ct 204
Public Schools
Centennial Campus Middle School
Grades: 6-8
0.85 mi
D-
Wake Early College of Health and Science
Grades: 9-12
6.77 mi
A+
Athens Drive High School
Grades: 9-12
0.63 mi
C+
Combs Elementary School
Grades: PK-5
0.76 mi
B
Wake STEM Early College High School
Grades: 9-12
2.09 mi
A+
Wake Young Women's Leadership Academy
Grades: 6-12
2.60 mi
A
Wake Young Men's Leadership Academy
Grades: 6-12
4.21 mi
A-
* The school rating is based entirely on the test score performance of each school. It is based on a scale of A-F, A being best.
Nearby public schools serving 1241 University Ct 204 have ratings undefined, undefined, undefined, undefined, undefined, undefined, and undefined.
Nearby Properties on University Ct
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- 1241 University Ct #Apt 201, Raleigh, NC 27606 (West Raleigh) is a 1,219 square foot and 3 bathroom property. It was built in 1997 and has an estimate of $289,414 with a price per ft² of $237.
- 1220 University Ct #Apt 204, Raleigh, NC 27606 (West Raleigh) is a 1,219 square foot, 3 bathroom, 0.01 acre property. It was built in 1998 and has an estimate of $293,679 with a price per ft² of $241.
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- 1220 University Ct #Apt 2, Raleigh, NC 27606 (West Raleigh) is a 1,219 square foot and 3 bathroom property. It was built in 1998 and has an estimate of $293,679 with a price per ft² of $241.
- 1220 University Ct #Apt 201, Raleigh, NC 27606 (West Raleigh) is a 1,219 square foot and 3 bathroom property. It was built in 1998 and has an estimate of $293,679 with a price per ft² of $241.
- 1220 University Ct #Apt 301, Raleigh, NC 27606 (West Raleigh) is a 1,219 square foot, 3 bathroom, 0.01 acre property. It was built in 1998 and has an estimate of $293,679 with a price per ft² of $241.
- 1220 University Ct #Apt 304, Raleigh, NC 27606 (West Raleigh) is a 1,219 square foot and 3 bathroom property. It was built in 1998 and has an estimate of $293,679 with a price per ft² of $241.
- 1221 University Ct #Apt 102, Raleigh, NC 27606 (West Raleigh) is a 1,219 square foot, 3 bathroom, 0.03 acre property. It was built in 1997 and has an estimate of $292,396 with a price per ft² of $240.
- 1221 University Ct #Apt 304, Raleigh, NC 27606 (West Raleigh) is a 1,219 square foot, 3 bathroom, 0.03 acre property. It was built in 1997 and has an estimate of $292,396 with a price per ft² of $240.
- 1231 University Ct #Apt 301, Raleigh, NC 27606 (West Raleigh) is a 1,219 square foot, 3 bathroom, 0.01 acre property. It was built in 1997 and has an estimate of $290,853 with a price per ft² of $239.
- 1231 University Ct #Apt 303, Raleigh, NC 27606 (West Raleigh) is a 1,219 square foot and 3 bathroom property. It was built in 1997 and has an estimate of $290,853 with a price per ft² of $239.
- 1251 University Ct #Apt 102, Raleigh, NC 27606 (West Raleigh) is a 1,219 square foot, 3 bathroom, 0.01 acre property. It was built in 1997 and has an estimate of $289,414 with a price per ft² of $237.
- 1251 University Ct #Apt 103, Raleigh, NC 27606 (West Raleigh) is a 1,219 square foot, 3 bathroom, 0.01 acre property. It was built in 1997 and has an estimate of $289,414 with a price per ft² of $237.
- 1251 University Ct #Apt 2, Raleigh, NC 27606 (West Raleigh) is a 1,219 square foot and 3 bathroom property. It was built in 1997 and has an estimate of $289,414 with a price per ft² of $237.
- 1251 University Ct #Apt 203, Raleigh, NC 27606 (West Raleigh) is a 1,219 square foot and 3 bathroom property. It was built in 1997 and has an estimate of $289,414 with a price per ft² of $237.
- 1221 University Ct #Apt 301, Raleigh, NC 27606 (West Raleigh) is a 1,219 square foot, 3 bathroom, 0.03 acre property. It was built in 1997 and has an estimate of $292,396 with a price per ft² of $240.
- 1220 University Ct #Apt 101, Raleigh, NC 27606 (West Raleigh) is a 1,219 square foot and 3 bathroom property. It was built in 1998 and has an estimate of $293,679 with a price per ft² of $241.
- 1221 University Ct, Raleigh, NC 27606 (West Raleigh) is a 1,219 square foot, 3 bathroom, 0.03 acre property. It was built in 1997 and has an estimate of $275,400 with a price per ft² of $226.
- 1221 University Ct #Apt 201, Raleigh, NC 27606 (West Raleigh) is a 1,219 square foot, 3 bathroom, 0.03 acre property. It was built in 1997 and has an estimate of $292,396 with a price per ft² of $240.
- 1221 University Ct #Apt 202, Raleigh, NC 27606 (West Raleigh) is a 1,219 square foot, 3 bathroom, 0.03 acre property. It was built in 1997 and has an estimate of $292,396 with a price per ft² of $240.
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