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047 - 708 Hawes Court, Raleigh, NC 27608, Raleigh
36 photos

$1,200,000

708 Hawes Court, Raleigh, NC 27608
Raleigh, NC 27608
Listed by Ashley Denny · Choice Residential Real Estate
Bedrooms
8
Bathrooms
6
Living area
N/A
Year built
1968

About this home

Four units. One building. One very good investment opportunity. Channel your inner Wolf in Wall Street- minus the questionable decisions- and take a look at 708 Park & Oak. This renovated 4 unit condo building is being offered as one investment package, with all four units currently leased. Each townhome style condo features 2 bedrooms, 1.5 baths, renovated, and a practical layout designed for easy living and strong rental appeal. In other words: the renovation is done, the tenants are in place, and you can skip the part where someone asks, "So... what's the rehab budget?" Located in Raleigh's highly desirable Five Points area, Park & Oak puts residents close to neighborhood restaurants, shopping, parks, greenways, and all the reasons this part of Raleigh continues to be such a popular place to live. Four renovated units. Four income producing doors. One opportunity to add a turnkey asset to your portfolio. As they say in The Wolf of Wall Street: "Pick up the phone." Your next investment might just be calling.

Property details

MLS #
10192318
Property type
Condominium
Subdivision
Park and Oak at Five Points Condominium
Status
Active
Days on market
13
On market date
September 11, 2026
Stories
N/A
Total bathrooms
6
Garage spaces
N/A
Parking spaces
N/A
Lot size
N/A
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Nearby schools

Within 10 miles · public school directory data (NCES)

Elementary
Joyner Elementary
0.23 mi away · Grades -1-5
Zoned school (attendance boundary, 2015-16 data)
3.3
Local Score (state rating (2025) blended 70/30 with student-teacher ratio) -- not an official state rating
State rating: C (2025)
Enrollment
531
Student:teacher ratio
13.0:1
District
Wake County Schools
Middle
Oberlin Middle
1.6 mi away · Grades 6-8
Zoned school (attendance boundary, 2015-16 data)
3.0
Local Score (state rating (2025) blended 70/30 with student-teacher ratio) -- not an official state rating
State rating: C (2025)
Enrollment
1,202
Student:teacher ratio
15.2:1
District
Wake County Schools
High
Needham Broughton High
2.17 mi away · Grades 9-12
Zoned school (attendance boundary, 2015-16 data)
3.7
Local Score (state rating (2025) blended 70/30 with student-teacher ratio) -- not an official state rating
State rating: B (2025)
Enrollment
2,098
Student:teacher ratio
16.1:1
District
Wake County Schools

Walkability

Blended score for Raleigh's center: EPA's National Walkability Index (street network, transit, land-use mix) combined with nearby-amenity density. 60% EPA National Walkability Index + 40% nearby-amenity density (Google Places).

86
Highly walkable
out of 100
EPA National Walkability Index
15.3 / 20 -- Most walkable
Nearby-amenity density
100 / 100
Restaurants & cafes20
Grocery stores8
Parks4
Schools8
Transit stops20
Pharmacies5

Market position

How this listing compares to current activity in Raleigh, from live MLS data.

On the market 13 days -- 76 fewer days than Raleigh's current average of 89 days.
For reference, the median list price across 2,822 active listings in Raleigh right now is $375,000.

Mortgage calculator

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Est. monthly payment
$7,377/mo
$240,000 down
$960,000 loan
Principal & interest$6,227
Property tax (est.)$1,000
Home insurance (est.)$150

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Data source: Listing information provided by Doorify MLS via Trestle/CoreLogic. Last updated 13 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.