About 1006 Carlton Avenue
Exceptional investment opportunity one block from NC State University—just a three-minute walk to campus! Designed for strong rental flexibility, the property offers four bedrooms, two full baths, and an additional flex space that could serve as a fifth bedroom, office, or study. If rented with 5 bedroom spaces monthly cash flow could easily surpass $4,000, giving an investor the potential to maximize rental income and cash flow. Residents can walk to classes, Greek Village, restaurants, shopping, and everyday conveniences, helping drive consistent demand. See attached survey for likely placement of an optional ADU, which offers additional upside and value add. With its highly desirable location and income-producing potential, this property offers a rare opportunity to own rental housing in the heart of the NC State community.
Features of 1006 Carlton Avenue
| MLS® # | 10189998 |
|---|---|
| Price | $439,000 |
| Bedrooms | 4 |
| Bathrooms | 2.00 |
| Full Baths | 2 |
| Square Footage | 1,285 |
| Acres | 0.14 |
| Year Built | 1950 |
| Type | Residential |
| Sub-Type | Single Family Residence |
| Style | Cape Cod, Traditional |
| Status | Active |
Community Information
| Address | 1006 Carlton Avenue |
|---|---|
| Subdivision | Not in a Subdivision |
| City | Raleigh |
| County | Wake |
| State | NC |
| Zip Code | 27606 |
Amenities
| Parking | Concrete, Driveway, Parking Pad |
|---|---|
| Has Pool | No |
Interior
| Interior Features | Laminate Counters, Track Lighting |
|---|---|
| Appliances | Dishwasher, Electric Range, Free-Standing Range, Microwave, Stainless Steel Appliance(s) |
| Heating | Central, Electric, Forced Air |
| Cooling | Central Air |
| Fireplace | No |
| # of Stories | 1 |
| Stories | One, One and One Half |
| Has Basement | No |
Exterior
| Exterior Features | Private Yard, Rain Gutters |
|---|---|
| Lot Description | Back Yard |
| Roof | Shingle |
| Construction | Aluminum Siding |
| Foundation | Crawlspace |
School Information
| Elementary | Wake - Olds Elementary |
|---|---|
| Middle | Wake - Martin Middle |
| High | Wake - Athens Drive High |
Additional Information
| Date Listed | September 1st, 2026 |
|---|---|
| Zoning | RX-3 |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Office | Berkshire Hathaway HomeService |
|---|