1321 Crab Orchard Dr, Unit 203

Raleigh, NC 27606

$290,000
Price
4
Beds
1,219 Sq. Ft.
$238 / Sq. Ft.
1,219
Sq. Ft.
$238
per Sq. Ft.

Description

Investor alert! Second floor 4 bedroom, 4 bathroom condo/apartment unit located near NCSU. Each bedroom suite features a private full bath and a walk-in closet in addition to the shared kitchen, laundry area, dining room, living room, and balcony. All vinyl floor and new HVAC in 2024. The Lake Park community amenities include a swimming pool, basketball court, and volleyball courts. Enjoy convenient access to the LakeJohnson Park, Avent Ferry Shopping Center, and the Go Raleigh bus line. Currently,...Investor alert! Second floor 4 bedroom, 4 bathroom condo/apartment unit located near NCSU. Each bedroom suite features a private full bath and a walk-in closet in addition to the shared kitchen, laundry area, dining room, living room, and balcony. All vinyl floor and new HVAC in 2024. The Lake Park community amenities include a swimming pool, basketball court, and volleyball courts. Enjoy convenient access to the LakeJohnson Park, Avent Ferry Shopping Center, and the Go Raleigh bus line. Currently, All the rooms are leased through June 30th 2026, 2 at $550 and 2 at $600 per month. Ongoing rates are approximately $650 per month for individual rooms or around $2600 per month for the entire unit. Don't miss this exceptional investment opportunity with excellent cash flow potential!

Property Details for 1321 Crab Orchard Drive, Unit 203

View
Yes
Subdivision
Lakepark Condos
HOA Fees
$.00

Location

Listing Courtesy of Keller Williams Elite Realty
Add your commute
LISTING UPDATED: 05/24/2025 07:10 PM

Property Details for 1321 Crab Orchard Drive, Unit 203

StatusActive
MLS #10092097
Days on Market38
Taxes$2,368 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeCondo
MLS TypeResidential / Condominium
Year Built1999
CountyWake County

Building Information for 1321 Crab Orchard Drive, Unit 203

Building/Complex1321 Crab Orchard DrFloor2Stories-Residences-Pet Policy-Pet Policy Details-Year Built1999

Payment Calculator

$1,717 per month

30 year fixed, 6.845% Interest

Principal and Interest

$1,519

Property Taxes

$197

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1321 Crab Orchard Drive, Unit 203

Summary
Location and General Information
  • Directions: From I-40 E, take exit 295 for Gorman St, use the right lane to take the ramp on Tryon Rd, turn right onto Lake Dam Rd, turn rightonto Crab Orchard Dr, building 1321 will be on the right, unit #203 is on the second floor
  • Subdivision Name: Lakepark Condos
  • Latitude: 35.762483
  • Longitude: -78.702281
Taxes and HOA Information
  • Association Fee Includes: Pest Control, Trash
  • Association: Yes
  • Total HOA Dues: $202.00
  • HOA 1 Fees Required: Yes
  • Tax Annual Amount: $2,368.00
  • City Limits Of: Raleigh
  • City Limits YN: Yes
  • Lot Number: 1x1
  • Restrictive Covenants YN: Yes
Contract Information
  • Lease Expiration Date: 2025-06-30
  • Original MLS: Triangle MLS Inc
  • Property Leased YN: Yes
  • Years Owned: 1 or More Year(s)
School Information
  • Elementary School: Wake County Schools
  • Middle Or Junior School: Wake County Schools
  • High School: Wake County Schools
Parking
  • Open Parking: Yes
  • Parking Features: Parking Lot
  • Attached Garage: No
  • Garage: No
Property
Lot Information
  • Building Area Total: 1219.0
  • Architectural Style: Traditional
  • Total Other Area Sq Ft: 0
  • Parcel Number: 000
  • Enhanced Accessible: No
  • Primary Residence YN: No
Property and Assessments
  • New Construction: No
  • Photos Count: 13
  • Property Attached: Yes
  • Below Grade Finished Area: 0.0
  • Below Grade Finished Area Units: Square Feet
  • Common Walls: 1 Common Wall
  • Community Features: Pool, Street Lights
Utilities
  • Sewer: Public Sewer
  • Utilities: Other
  • Water Source: Public
  • Water_Sewer: Public, Public Sewer, Other
Interior and Exterior Features
Exterior Features
  • Accessibility Features: Accessible Central Living Area, Accessible Common Area
  • Construction Materials: Vinyl Siding
  • Exterior Features: Balcony, Basketball Court
  • Fencing: Other
  • Foundation Details: Slab
  • Pool Private: No
  • Roof: Shingle
  • New Construction Type: Vinyl Siding
Interior Features
  • Levels: Three Or More
  • Flooring: Vinyl
  • Windows Treatment: Blinds
  • Cooling: Ceiling Fan(s), Central Air
  • Cooling?: Yes
  • Heating: Central, Forced Air
  • Heating?: Yes
  • Appliances: Washer/Dryer, Water Heater
  • Laundry Features: In Unit
  • Equipment Appliances: Washer/Dryer, Water Heater
  • Interior: Other, Parking Lot, Vinyl Siding, In Unit
  • Equipment: Washer/Dryer, Water Heater, In Unit, Parking Lot
Room Information
Room Information
  • Rooms Total: 1.0
Room 1
  • Room Level: Second
  • Room Type: Primary Bedroom
Agent
Sale and Listing
  • Property Class Name: CrossProperty
Rental
Rental Information
  • Lease Term: 12 Months

Property History for 1321 Crab Orchard Drive, Unit 203

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1321 Crab Orchard Drive, Unit 203

Taxable ValueLand-Additions$270,312Total-
Tax Record2024$2,368 ($197 / month)
Home Facts
Beds0Baths3.5Total Finished SqFt1,219 SqFtAbove Grade Finished SqFt1,219 SqFtStories1StyleCondominiumYear Built1999ZoningR-10CountyWAKEAPN0783.16-82-3529 0256647

Schools near 1321 Crab Orchard Drive, Unit 203

This home is within Wake County School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Combs Elementary
PublicPK to 5

Centennial Campus Middle
Public6 to 8

Athens Drive High
Public9 to 12

SCORE Academy
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

Similar Sold Homes

1321 Crab Orchard Drive, Unit 203 is a condo for sale in Raleigh, NC 27606. This property was listed for sale on April 25, 2025 by Keller Williams Elite Realty, it's currently listed at $290,000. It has been on the market for a total of 38 days and was last sold on February 9, 2021. This listing's school district is Wake County School District. Nearby schools include Combs Elementary, Centennial Campus Middle and Athens Drive High. 1321 Crab Orchard Drive, Unit 203 is a 4-bed, 4-bath, 1,219 sqft condo built in 1999.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Keller Williams Elite Realty

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