$549,000
About this home
PRICE IMPROVEMENT! Turnkey investment opportunity at City Hike, a modern townhome community just blocks from Downtown Raleigh and adjacent to a greenway trail. Currently leased at $3,195/month through March 2027, this income-producing property offers immediate cash flow in one of Raleigh's most sought-after urban locations. Looking to make City Hike your home? One vacant unit remains available in the community! Designed with long-term appeal in mind, the home features the popular "Vista" interior scheme with warm wood cabinetry, clean-lined finishes, and light-filled interiors that create a timeless, contemporary aesthetic. Thoughtfully designed across three levels, the home offers four bedrooms and four baths, including a private suite on every floor. Open-concept living spaces are anchored by a designer kitchen featuring quartz countertops, streamlined cabinetry, and modern lighting, while spa-inspired baths showcase crisp tile work and elevated finishes throughout. A private rooftop patio provides valuable outdoor living space, while solar-ready construction and Tesla Powerwall compatibility add future-focused appeal. Located minutes from Downtown Raleigh's dining, entertainment, employment centers, and cultural amenities, this low-maintenance asset combines strong rental potential with modern design and a highly desirable location. Plus, if you're looking to own? The newly introduced Residency Credit brings more autonomy to your next move. On select homes, settle in on a 12- or 24-month term, with 50% of every residency payment credited toward your purchase at closing. Find your place downtown, with time to make it your own.
Highlights
Property details
- MLS
- Doorify MLS
- MLS #
- 10195588
- Property type
- Townhouse
- Subdivision
- City Hike Townhomes
- Status
- Active
- Days on market
- 18
- On market date
- September 30, 2026
- Stories
- N/A
- Total bathrooms
- 4
- Garage spaces
- 1
- Parking spaces
- 1
- Lot size
- 0.03 acres
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
- 831
- Student:teacher ratio
- 14.3:1
- District
- Wake County Schools
- Enrollment
- 1,066
- Student:teacher ratio
- 13.2:1
- 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.
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Data source: Listing information provided by Doorify MLS via Trestle/CoreLogic. Last updated 7 days 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.