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$549,900
- Bedrooms
- 4
- Bathrooms
- 2.5
- Living area
- N/A
- Year built
- 2025
Highlights
- Property type
- Condominium
- Garage
- 1 space
- On market
- 1 day
- Fireplace
About this home
Discover an opportunity to own this exceptional townhome in the heart of downtown Raleigh at The Grey, a sold-out residential community offering modern design, exceptional walkability, and convenient access to the city's thriving dining, entertainment, and business districts. Whether you're seeking an urban residence or an income-producing rental property with an established operating history, this home offers flexibility in one of the Triangle's most dynamic locations. Currently operating as a successful rental, the property appeals to investors seeking an established asset before year-end, while also offering future owner-occupancy potential. Inside, an expansive open-concept living level creates an inviting setting for everyday living and entertaining. Oversized windows welcome abundant natural light, while a generous kitchen island anchors the thoughtfully designed gathering space. Designer-selected finishes, modern appointments, and meaningful upgrades create a polished, move-in-ready environment. The spacious primary suite offers a private retreat with an en suite bath and a generous walk-in closet, while a private garage adds valuable convenience for downtown living. Just moments from Raleigh's acclaimed restaurants, coffee shops, breweries, boutiques, parks, performing arts venues, and cultural destinations, The Grey offers the connected lifestyle that continues to attract residents to downtown Raleigh. Meet friends for dinner, or explore the city on foot. With its established rental history, desirable downtown location, and contemporary design, this property offers a compelling combination of lifestyle, flexibility, and investment potential.
Property details
- MLS
- Doorify MLS
- MLS #
- 10203321
- Property type
- Condominium
- Subdivision
- The Grey
- Status
- Active
- Days on market
- 1
- On market date
- November 13, 2026
- Stories
- N/A
- Total bathrooms
- 2.5
- Garage spaces
- 1
- Parking spaces
- 2
- Lot size
- N/A
Location
Get directions →Nearby schools
Within 10 miles. School directory data from the National Center for Education Statistics (NCES), accessed via the Urban Institute Education Data API. Local Score is calculated by INNOVATE Real Estate; where a state rating is shown, it comes from that state's own official school report card.
- Enrollment
- 531
- Student:teacher ratio
- 13.0:1
- District
- Wake County Schools
- Enrollment
- 609
- Student:teacher ratio
- 12.4:1
- District
- Wake County Schools
- Enrollment
- 2,098
- Student:teacher ratio
- 16.1:1
- District
- Wake County Schools
Walkability
Blended score for Raleigh's center, calculated by INNOVATE Real Estate from two sources: the EPA's National Walkability Index (street network, transit, land-use mix) and Google Places amenity data (what's actually reachable on foot from this point). 60% EPA National Walkability Index + 40% nearby-amenity density (Google Places).
Market position
How this listing compares to current activity in Raleigh, from live MLS data.
Mortgage calculator
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Data source: Listing information provided by Doorify MLS. Last updated 18 hr ago.
Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.







