$270,000
About this home
Turnkey investment opportunity with immediate rental income! This well-maintained end-unit townhome is currently leased for $1,900 per month with a lease in place through March 2027, making it an ideal addition to an investment portfolio. The property has maintained a strong rental history with no gaps in tenancy, providing consistent income and long-term rental appeal. This light-filled home offers 3 bedrooms, 2.5 bathrooms, and an open-concept layout with engineered hardwood floors throughout the main living areas. Upstairs, you'll find generously sized bedrooms, abundant storage, a convenient laundry area, and a spacious primary suite with a large ensuite bath. Enjoy a private back patio and the added convenience of an attached two-car garage. Ideally located just minutes from downtown, shopping, dining, and major highways including I-440 and I-540, this property offers a desirable location with strong rental demand. Whether you're expanding your portfolio or purchasing your first investment property, this is an excellent opportunity to acquire a cash-flowing asset with an established tenant already in place. Lease details and additional investment information are available upon request.
Highlights
Property details
- MLS #
- 10178432
- Property type
- Townhouse
- Subdivision
- Edgewater
- Status
- Active
- Days on market
- 94
- On market date
- July 7, 2026
- Stories
- N/A
- Total bathrooms
- 2.5
- Garage spaces
- 2
- Parking spaces
- 4
- Lot size
- 0.05 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 (e.g. NC Dept. of Public Instruction, SC Report Card).
- Enrollment
- 644
- Student:teacher ratio
- 14.0:1
- District
- Wake County Schools
- Enrollment
- 779
- Student:teacher ratio
- 15.0:1
- District
- Wake County Schools
- Enrollment
- 1,626
- Student:teacher ratio
- 16.6:1
- 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 July 18, 2026.
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.