$600,000
 $3,221 est/mo Sourced by Back At You

810 Culpepper Lane,Raleigh, NC 27610

Raleigh, NC 27610

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Description

Turnkey Investment Opportunity | Immediate Cash Flow in Raleigh, NC Fully leased and income-producing from day one, this brand-new townhome-style condo in Raleigh, North Carolina presents a rare opportunity for investors seeking stable rental income and long-term appreciation in one of the Triangle's fastest-growing markets. Strategically located just minutes from Downtown Raleigh, major commuter routes, shopping, and dining, this modern 3-bedroom, 2.5-bath asset is positioned to attract and retain high-quality tenants. The open-concept layout, dedicated pocket office, and seamless indoor-outdoor living--highlighted by a 12' quad slider to a covered patio--align with today's tenant demand for flexible, lifestyle-driven spaces. The kitchen is designed to elevate rental desirability, featuring quartz countertops, a center island, stainless steel Café appliances, and custom cabinetry. Upstairs, the spacious primary suite offers a spa-style bathroom, dual vanities, frameless glass walk-in shower, and two walk-in closets, while two additional bedrooms provide versatility for roommates, guests, or work-from-home setups. Built with durability and efficiency in mind, the property includes white oak hardwood floors, 8' solid core doors, Pella windows, tankless water heater, spray foam insulation, sealed crawl space, and a whole-home dehumidifier--minimizing maintenance and optimizing operating costs. Additional investor-friendly features include an attached garage with EV charging capability, private partially fenced yard, and low-maintenance construction, making this an ideal addition to any rental portfolio, 1031 exchange, or long-term hold strategy. A true plug-and-play asset in a high-demand rental corridor--generate income from day one while benefiting from Raleigh's continued growth and appreciation.

Details

MLS #10157612
Listing TypeFor Sale
StyleCondominium
HOA Dues$300
Sub-TypeResale
StatusActive
Year2025
Days On Site152
Listing Provided ByLPT Realty, LLC | Marinus C Leach

Features

Bed(s)3
Bath(s) 3 Total
SQ Feet2,003
Garage1
Story(s)2
ZoningR10
Acreage0.24

Interior

Interior FeaturesCeiling Fan(s), Kitchen Island, Open Floorplan, Pantry, Quartz Counters, Recessed Lighting, Walk-In Closet(s)
Heating Yes / NoYes
Cooling Yes / NoYes
CoolingCeiling Fan(s), Central Air, Electric, Heat Pump
Laundry FeaturesIn Unit, Upper Level
Rooms Total6

Exterior

RoofShingle
Foundation DetailsBlock, Crawlspace
Lot FeaturesBack Yard, City Lot
Construction MaterialsBrick, Fiber Cement, Foam Insulation, Hardi Plank Type
Door FeaturesSliding Doors
Patio And Porch FeaturesCovered, Rear Porch

Parking

Attached Garage Yes / NoYes
Garage Yes / NoYes
Parking FeaturesGarage, Garage Faces Front, On Street
Other ParkingEV Outlet in Garage

Utilities

SewerPublic Sewer

Taxes

Tax Assessed Value200000
Tax Legal DescriptionLO297 LOCKWOOD SE2 BL4
Tax Year2025

Area Information

StateNC
CountyWake
CityRaleigh
Zip Code27610
AreaWake
Community NameLockwood
School DistrictWake County Schools
Elementary SchoolWake County Schools
High SchoolWake County Schools
Listing VS Median (in Lockwood)
Price:
$600,000
low | high
Med:
$434,000
77.666666666667% of Average
sqft:
2,003
low | high
Med:
1,031
98.527209186221% of Average
$ / sqft:
$300
low | high
Med:
$421
9.472680245716% of Average
On site:
152
low | high
Med:
50
100% of Average
Sourced by Back At You

Market Activity 27610

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Learn More About This Property

StateNC
CountyWake
CityRaleigh
Zip Code27610
AreaWake
Community NameLockwood
School DistrictWake County Schools
Elementary SchoolWake County Schools
High SchoolWake County Schools
Listing VS Median (in Lockwood)
Price:
$600,000
low | high
Med:
$434,000
77.666666666667% of Average
sqft:
2,003
low | high
Med:
1,031
98.527209186221% of Average
$ / sqft:
$300
low | high
Med:
$421
9.472680245716% of Average
On site:
152
low | high
Med:
50
100% of Average
Sourced by Back At You
Nearby Listings (Within 1/4 mile)
Price: $450K - $750K
sqft: 1,500 - 2,500
Nearby Listings Property ImageNearby Listings Details
2437 Stevens Road Property Photo 1
$450,000
2437 Stevens Road
Raleigh, NC 27610
2609 Glascock Street Property Photo 1
$449,900
2609 Glascock Street
Raleigh, NC 27610
Listing Updated: August 30, 2026 at 9:06:26 AM PDT
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