About 1006 Carlton Avenue
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.
Features of 1006 Carlton Avenue
| MLS® # | 10127969 |
|---|---|
| Price | $475,000 |
| Bedrooms | 4 |
| Bathrooms | 2.00 |
| Full Baths | 2 |
| Square Footage | 1,200 |
| Acres | 0.14 |
| Year Built | 1950 |
| Type | Residential |
| Sub-Type | Single Family Residence |
| Style | Cottage |
| Status | Active |
Community Information
| Address | 1006 Carlton Avenue |
|---|---|
| Subdivision | Not in a Subdivision |
| City | Raleigh |
| County | Wake |
| State | NC |
| Zip Code | 27606-1946 |
Amenities
| Utilities | Electricity Connected, Sewer Connected, Water Connected |
|---|---|
| Parking Spaces | 4 |
| Parking | Asphalt, No Garage, On Site, Open, Outside, Parking Lot |
| Is Waterfront | No |
| Has Pool | No |
Interior
| Interior Features | Bathtub/Shower Combination, Pantry, Walk-In Shower |
|---|---|
| Appliances | Dishwasher, Electric Cooktop, Electric Oven, Electric Water Heater, Microwave, Washer/Dryer Stacked |
| Heating | Central, Electric, Forced Air |
| Cooling | Central Air, Electric, Wall/Window Unit(s) |
| Fireplace | No |
| # of Stories | 2 |
| Stories | One and One Half |
| Has Basement | No |
Exterior
| Lot Description | City Lot, Near Public Transit |
|---|---|
| Roof | Shingle |
| Construction | Brick, Vinyl Siding |
School Information
| Elementary | Wake - Olds |
|---|---|
| Middle | Wake - Martin |
| High | Wake - Athens Dr |
Additional Information
| Date Listed | October 16th, 2025 |
|---|---|
| Zoning | RX3 |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Office | CAROLINAS METRO REALTY I LLC |
|---|