Sales comparison approach using recent listings and sales within the community. Adjusted for unit condition and amenities. Income approach supports rental value of approximately $1,500/month.
Renovated Five Points Townhome with Private Patio and Park Access
Directly across from Kiwanis Park, this updated townhome delivers the immediacy of outdoor recreation with the polish of recent renovations. At 1,042 square feet, the two-bedroom, one-and-a-half-bath layout feels larger than its footprint thanks to site-finished hardwoods that run through the main level, thoughtful recessed lighting, and matte-black hardware that gives the space a cohesive, contemporary mood. The living area opens to a dining zone arranged for both casual evenings and small-scale entertaining.
The kitchen is the renovation’s focal point: crisp white quartz countertops, stainless steel appliances, and a sleek tile backsplash combine for a clean, modern palette. Cabinets and prep space meet daily needs without excess, while the adjacent half bath on the main level adds practical convenience. Upstairs, the full bath continues the refined material story with a quartz-topped vanity, tiled flooring, and a tiled tub/shower surround—durable finishes chosen for both style and ease of maintenance.
Outdoor living is private and usable: a ground-level patio with modern divider panels creates an intimate outdoor room for coffee, potted gardening, or a small grill. Assigned community parking simplifies errands and guests, and the complex’s amenities—private dog park, picnic shelter with grill, and communal fire pit—expand your living space to include social gatherings and weekend downtime. For trail runners and weekend walkers, the Crabtree Creek Greenway is walkable from the doorstep and downtown Raleigh sits about two miles away, with North Hills roughly 2.5 miles for shopping and dining.
This unit has been positioned competitively at $325,000 (about $312/sf) and shows well for buyers seeking a move-in-ready option in Five Points or investors evaluating neighborhood rental demand. The condo’s recent improvements reduce near-term capital needs and echo the modern aesthetic buyers expect in this pocket of Raleigh. Buyers should review HOA covenants, verify assessed values with Wake County, and confirm parking arrangements at tour. Schedule a showing to feel how the interiors, outdoor access, and community amenities combine to deliver an easy, well-located Raleigh lifestyle.
See the properties helping shape the valuation.
Comparable sales
- 3 SF larger
- Same year built
- 8 SF larger
- Same year built
- 58 SF larger
- 2 years newer
A 1968 modern.
Building
Site & utilities
Five Points
Researched nearby locations
Location
2612 Noble Rd Unit D, Raleigh, NC 27608
Five Points blends historic charm with convenient urban access. This pocket of Raleigh is prized for its park access—Kiwanis Park and the Crabtree Creek Greenway provide regular outdoor options—and a neighborhood scale that supports independent coffee shops, breweries, and locally owned restaurants. Commuters and leisure-drivers benefit from quick connections to Downtown, North Hills, and Midtown. The community feel is active and walkable, with weekend farmer’s markets, nearby trails, and a mix of renovated condos and classic single-family homes that have supported steady appreciation over recent years.
Excellent access to neighborhood recreation with Kiwanis Park steps away, Crabtree Creek Greenway within walking distance, community dog park and picnic shelter, plus easy routes to Downtown and North Hills for expanded outdoor and fitness options.
A factual market snapshot around 2612 Noble Rd Unit D.
Five Points currently operates as a balanced-to-slight seller’s market: inventory sits low at about 2.5 months and properties in the neighborhood typically close within roughly 30 days. Median area sale price registers near $450,000—well above this unit’s $325,000 list—reflecting a mix of single-family homes and higher-priced condos in the greater micro-market. Recent comps for townhome-style condos in this community ranged from about $310,000 to $372,700 over the past six months, placing 2612 Noble Rd Unit D squarely within the comparable range at ~$312 per square foot. Appreciation has been steady (roughly 5% year-over-year, about 25% over five years), supporting both owner-occupant and buy-and-hold strategies.
For investors, rental comps indicate monthly rents near $1,500 (≈$1.44/sf), producing a gross rental yield in the mid-single digits based on current list price. Limited inventory and consistent demand—driven by Walkable Five Points access to parks, greenways, and short drives to Downtown and North Hills—make this a compelling window to act. That said, buyers should account for HOA rules, verify taxes and assessed value with Wake County, and confirm parking assignment before finalizing offers.
Residential-10
Zoning
Research-indicated uses
- Single Family
- Townhouse
- Apartment
Assessment data and recorded transactions.
Assessed value is kept visually separate from the CompCasa market-value estimate.
Sale history
Rental references from the research record.
Context only—not an investment recommendation or guarantee of achievable rent.
Supporting lease references
- Same living area
- 8 SF larger
What the research supports — and what is still worth verifying.
Key findings
- Property listed at $325,000 ($312/SF) as of March 7, 2026
- Previous listing at $350,000 withdrawn on December 17, 2025
- Built in 1968 with 1,042 SF of living space
- Renovated with quartz countertops, stainless steel appliances, and hardwood floors
- Located across from Kiwanis Park with greenway access
Still worth verifying
Routine buyer due diligence items; these are not known defects.
- Confirm assessed value and tax information with Wake County records
- Review HOA covenants and restrictions
- Verify parking arrangements and availability
- Schedule property inspection
What stands out about this property.
Interior Features
- 2 bedrooms, 1.5 bathrooms
- Site-finished hardwood floors on main level
- Renovated kitchen with white quartz countertops
- Stainless steel appliances and tile backsplash
- Recessed lighting and matte-black hardware
- Full tiled bath with quartz-topped vanity
- Main-level half bath for convenience
- Central AC and forced-air heating
Exterior & Lot
- Private ground-level patio with modern divider panels
- Assigned parking in community lot
- Brick and wood siding construction
- Level topography
- Community picnic shelter with grill and fire pit
- Private dog park within complex
Location & Neighborhood
- Five Points neighborhood
- Across the street from Kiwanis Park (greenway, playground, community center)
- 0.5 mi to McNeill Pointe Shopping Center
- Approximately 2.0 miles to Downtown Raleigh
- About 2.5 miles to North Hills retail and dining
- Quick access to major medical centers and Midtown
Walkability & Recreation
- Walkability Rating: 70/100 — Some Errands On Foot
- Kiwanis Park (0.1 mi) and Crabtree Creek Greenway within walking distance
- Walking and running paths nearby
- Parks and green spaces for regular outdoor activity
- Community recreation amenities: dog park, picnic shelter, fire pit
Sources & research confidence.
See where the property research came from and how confidence varies by field.