Prime Investor Opportunity - Two Condo Units Combined Unlock strong cash flow and long-term appreciation, each unit has 4-bedrooms, 3-baths in one of Raleigh's most walkable and high-demand neighborhoods. Just steps from Transfer Co. Food Hall, Moore Square, and downtown's top dining, culture, and entertainment, this property is perfectly positioned for both Airbnb/short-term rentals or stable long-term leases. Highlights include: STR eligibility - ready for Airbnb or mid-term rentals Two units combined for maximum flexibility and income potential Modern finishes: wide-plank herringbone hardwoods, custom tilework, Samsung Bespoke appliances, gas range Rooftop terrace with skyline views + private primary balcony Four-zone HVAC, tankless water heater, metal roof = low maintenance, high efficiency Walk to schools and city attractions = consistent demand Investor ROI Advantage: Take full advantage of the 100% bonus depreciation available in 2025, making this not just a lifestyle purchase but a powerful tax-advantaged investment. Whether you're building your STR portfolio or securing a prime long-term rental, this property delivers location, design, and income potential in one package. for more information
Property Features
Bedrooms
- Bedrooms: 8
- Primary Bedroom Dimensions: 15.3' x 20.1'
- Bedroom 2 Dimensions: 11.7' x 10.3'
- Bedroom 3 Dimensions: 15.4' x 12.5'
- Bedroom 4 Dimensions: 15.3' x 10.1'
- Primary Bedroom Level: Second
- Bedroom 2 Level: Main
- Bedroom 3 Level: Second
- Bedroom 4 Level: Third
Other Rooms
- Total Rooms: 11
- Other Dimensions: 5' x 8.2'
- Other Level: Second
- Laundry Dimensions: 6.3' x 7.6'
- Laundry Level: Second
- Family Room Dimensions: 15.3' x 16.7'
- Family Room Level: Main
Bathrooms
- Total Bathrooms: 6
- Full Bathrooms: 6
- Primary Bathroom Dimensions: 16.2' x 6.3'
- Bathroom 2 Dimensions: 8.2' x 7.1'
- Bathroom 3 Dimensions: 11.7' x 4.11'
- Primary Bathroom Level: Second
- Bathroom 2 Level: Main
- Bathroom 3 Level: Second
Heating and Cooling
- Cooling Features: Central Air, Heat Pump, Zoned
- Fireplace Features: Electric, Family Room
- Heating Features: Forced Air, Heat Pump
- Heating: Yes
- Number of Fireplaces: 2
Interior Features
- Flooring: Hardwood, Slate, Tile
Kitchen and Dining
- Kitchen Dimensions: 15.3' x 11.1'
- Kitchen Level: Main
Land Info
- Lot Size Acres: 0.13
- Lot Size Square Feet: 5663
Exterior and Lot Features
- Road Maintenance: Public Maintained Road
Garage and Parking
- Open Parking Spaces: 4
- Open Parking: Yes
- Parking Total: 4
Homeowners Association
- Association: Yes
- Association Fee: 133
- Association Fee Frequency: Monthly
- Association Fee Includes: Insurance, Pest Control
- Calculated Total Monthly Association Fees: 133
- Association Name: Alston Urban Residences HOA
- Association Phone: 9199990000
School Information
- Elementary School: Wake - Hunter
- High School: Wake - Enloe
- Middle School: Wake - Ligon
Other Property Info
- Standard
- Annual Tax Amount: 521010
- Source Listing Status: Active
- County: Wake
- Directions: From downtown turn on Davie St, Turn right on Alston St, first building on left hand side
- Tax Year: 2025
- Source Property Type: Residential
- Home Warranty: Yes
- 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: 4204
- Year Built: 2025
- Above Grade Finished Area: 4204
- BelowGradeFinishedArea: 0
- Building Area Total: 4204
- Construction Materials: Block, Fiber Cement
- Foundation Details: Concrete Perimeter
- Levels: Three Or More
- New Construction: Yes
- Roof: Metal
- Levels or Stories: 3
- Structure Type: Duplex
- Total Above Grade Sqft Area: 4204
- Total Area Sqft: 4204
- Year Built Effective: 2025
- Architectural Style: Modern
Utilities
- Sewer: Public Sewer
- Water Source: Public