For Sale $230,000
Tenant-occupied investment condo offered as part of a two-unit package sale. Unit 1118 is a studio condo with approximately 350 square feet and current rent of $940/month. Seller-provided expenses include HOA dues of $165/month and estimated taxes and insurance of $100/month, resulting in estimated net income of $675/month before debt service, vacancy, repairs, leasing costs, and property management. This unit is being sold together with Unit 216 at 4700 Westgrove Tower and will not be sold separately. Cash-only sale. Property is being sold as-is, with no seller repairs. No showings will be permitted. Please do not disturb tenant. Buyer to verify all information, including square footage, lease terms, rental income, HOA dues, taxes, insurance, property condition, and all investment assumptions.
| List Price: | $230,000 |
| Status: | For Sale |
| Bedrooms: | 1 |
| Type: | Condominium |
| Approx Sq. Ft.: | 350 sqft |
| Parking: | Other - See Remarks |
| MLS Number: | CAR4403954 |
| Subdivision: | None |
| Bathrooms: | 1 |
| Year Built: | 2000 |
| Sewer Type: | Other - See Remarks |
| Elementary: | Unspecified |
| Middle: | Unspecified |
| High: | Unspecified |
| Date | Event | Price | $/SQFT |
| 07-21-2026 | Listed | $230,000 | $658 |
| 11-26-2025 | Price Decrease | $750,000-1.96% | $2,143 |
| 11-17-2025 | Relisted | $765,000 | $2,186 |
These schools are only nearby your property search, you must confirm exact assigned schools.
| School Name | Distance | Grades | Rating |
| Mount Vernon | 1 miles | KG-06 | N/A |
| Governor Morehead School for the Blind | 2 miles | KG-06 | N/A |
| Partnership Elementary | 3 miles | KG-05 | 5 |
| The Exploris School | 3 miles | KG-06 | 9 |
| Underwood Elementary | 3 miles | KG-05 | 10 |
| Swift Creek Elementary | 3 miles | KG-05 | 7 |
Source is provided by local and state governments and municipalities and is subject to change without notice, and is not guaranteed to be up to date or accurate.
Mileage is an estimation calculated from the property results address of your search. Driving time will vary from location to location.
| Street Address | Distance | Status | List Price | Days on Market |
| 4700 Westgrove Street, Raleigh NC | 0 mi | $230,000 | days | |
| 549 Brent Road, Raleigh NC | 1 mi | $359,900 | days | |
| 547 Brent Road, Raleigh NC | 1 mi | $359,900 | days |
Mileage is an estimation calculated from the property results address of your search. Driving time will vary from location to location.
| Street Address | Distance | Property Type | Sold Price | Property Details |
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| Down Payment Amount | $990,000 |
| Mortgage Amount | $3,960,000 |
| Monthly Payment (Principal & Interest Only) | $19,480 |
* Expand Calculator (incl. monthly expenses)
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| H.O.A. / Maintenance |
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| Property Insurance |
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| Total Monthly Payment | $20,941 |
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Source is provided by local and state governments and municipalities and is subject to change without notice, and is not guaranteed to be up to date or accurate.
A Courtesy Listing Provided By Real Broker, LLC
4700 Westgrove Street, Raleigh NC is a 350 ft2 . This is for $230,000. This has 1 bedrooms, 1 baths, and was built in 2000.
Based on information submitted to the MLS GRID as of 2026-07-21 17:01:05 EST. All data is
obtained from various sources and may not have been verified by broker or MLS GRID. Supplied
Open House Information is subject to change without notice. All information should be independently
reviewed and verified for accuracy. Properties may or may not be listed by the office/agent
presenting the information. Some IDX listings have been excluded from this website.
Properties displayed may be listed or sold by various participants in the MLS.
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