Rare opportunity to secure instant equity in Downtown Raleigh with this modern townhome-style condo, recently appraised above list price. Located just steps from Downtown Raleigh, Transfer Co. Food Hall, Moore Square, and Fayetteville Street, this multi-level 4BR/3BA home delivers a true urban lifestyle with premium design, and flexible living options. Thoughtfully crafted interiors feature a 5-zone HVAC system for personalized comfort, herringbone hardwood flooring, custom tilework, and sleek modern finishes throughout. The kitchen showcases Samsung Bespoke appliances, gas range, and contemporary cabinetry. The top floor is designed for entertaining with a wet bar, wine fridge, and direct access to a rooftop terrace offering impressive skyline views. The primary suite includes a private balcony for added outdoor living. Two bedrooms offer ensuite or direct bath access-ideal for guests, roommates, or shared living arrangements. The property's unique connected two-unit configuration provides outstanding versatility. The layout supports co-living, multi-generational living, work-from-home setups, income-producing opportunities, or shared ownership. Eligible for short-term and mid-term rental use. Ownership structure is flexible-fractional/co-ownership and LLC buyers are permitted under the declaration. Energy-efficient and low-maintenance features include a tankless water heater and metal roof. Surrounded by restaurants, breweries, coffee shops, parks, and cultural attractions, this residence combines modern design, downtown convenience, and strong attraction value. An excellent choice for anyone seeking a contemporary urban home with built-in equity and exceptional flexibility, located in Downtown Raleigh, and close proximity to top rated schools. This year is not over yet! 100% bonus depreciation available in 2025-powerful tax advantages for owners. Schedule your showing today!
Property Features
Bedrooms
- Bedrooms: 4
- Primary Bedroom Level: Second
- Bedroom 2 Level: Main
- Bedroom 3 Level: Second
- Bedroom 4 Level: Third
Other Rooms
- Total Rooms: 11
- Other Level: Third
- Laundry Level: Second
- Living Room Level: Main
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 3
- Primary Bathroom Level: Second
- Bathroom 2 Level: Main
- Bathroom 3 Level: Second
Interior Features
- Double Vanity
- Pantry
- Primary Downstairs
- Recessed Lighting
- Smart Thermostat
- Smooth Ceilings
- Soaking Tub
- Walk-In Closet(s)
- Water Closet
- Wet Bar
- Door Features: Sliding Doors
- Flooring: Hardwood, Slate, Tile
Appliances
- Dryer
- Free-Standing Gas Range
- Free-Standing Refrigerator
- Washer
- Laundry Features: Laundry Room, Upper Level
Heating and Cooling
- Cooling Features: Central Air, Heat Pump, Zoned
- Fireplace Features: Living Room
- Heating Features: Forced Air, Heat Pump
- Heating: Yes
- Number of Fireplaces: 1
Kitchen and Dining
Exterior and Lot Features
- Balcony
- Private Entrance
- Patio And Porch Features: Covered, Front Porch, Rear Porch
- Road Frontage Type: City Street
- Road Maintenance: Public Maintained Road
- Porch: Yes
Land Info
- Landscaped
- Lot Size Acres: 0.13
- Lot Size Square Feet: 5663
Garage and Parking
- Open Parking Spaces: 4
- Open Parking: Yes
- Parking Features: Common, On Street, Open, Parking Pad
- Parking Total: 2
Homeowners Association
- Association: Yes
- Association Fee: 133
- Association Fee Frequency: Monthly
- Association Fee Includes: Insurance
- Calculated Total Monthly Association Fees: 133
- Association Name: ALSTON URBAN RESIDENCES CONDOMINIUM O.A.,Inc.
- Association Phone: 9190000000
School Information
- Elementary School: Wake County Schools
- High School: Wake County Schools
- Middle School: Wake County Schools
Other Property Info
- Standard
- Annual Tax Amount: 3924
- Source Listing Status: Active
- County: Wake
- Directions: Heading South on Tarboro Rd. Turn Right onto E Davie St, then Left onto Alston St. The Residence is Located on the Left.
- Tax Year: 2025
- Source Property Type: Residential
- Property Subtype: condo
- Source Neighborhood: Not in a Subdivision
- Parcel Number: 1713076184
- Subdivision: Not in a Subdivision
- Property Subtype: Condominium
Building and Construction
- Total Square Feet Living: 2032
- Year Built: 2025
- Above Grade Finished Area: 2032
- BelowGradeFinishedArea: 0
- Building Area Total: 2032
- Construction Materials: Block, Fiber Cement
- Foundation Details: Concrete Perimeter
- Levels: Three Or More
- New Construction: Yes
- Roof: Metal
- Levels or Stories: 3
- Structure Type: Site Built
- Total Above Grade Sqft Area: 2032
- Total Area Sqft: 2032
- Year Built Effective: 2025
- Architectural Style: Contemporary, Modern
Utilities
- Sewer: Public Sewer
- Water Source: Public