$450,000
3 Bed · 2.5 Bath · 1,600 Sq Ft
New-construction 3BR/2.5BA condo minutes from downtown Raleigh
3
Beds
2.5
Baths
1,600
Sq Ft
2025
Built
1-car attached
Garage
What sets this South Heights residence apart is its private rooftop deck—an elevated spot for skyline views of downtown Raleigh that turns evenings into events. Unit 103 occupies three thoughtful levels of new construction (2025), offering 1,600 square feet of contemporary living with a private front entry and a one-car attached garage. The paver-street community feels composed and urban at once, a short hop to restaurants and cultural venues but designed for low-maintenance everyday life.
Inside, wide-plank flooring runs through an open main level where a chef-forward kitchen anchors entertaining. Quartz countertops and stainless steel appliances frame generous prep space; adjacent living areas provide room for a full dining table and a lounge setup without crowding the flow. The thoughtful layout places convenience where it’s needed—powder room on the entry level, primary and secondary bedrooms arranged for privacy, and modern mechanicals (central heating and cooling) for year-round comfort.
Upstairs reveals the rooftop deck, a distinctive extension of the home that captures downtown light and seasonal breezes. Whether you’re hosting friends for a sunset gathering or settling in with a book, that private outdoor room dramatically expands usable living space without the upkeep of a yard. The finishes throughout reflect current tastes: clean lines, durable materials (fiber cement construction), and practical choices like a rubber roof for longevity.
Buyers who want urban access without sacrificing a sense of individual ownership will appreciate the balance here. South Heights sits about 1.5 miles from the heart of downtown Raleigh—walks to coffee, a short bike ride to Red Hat Amphitheater, and quick drives to Pullen Park or NC State. The association fee ($270/month) covers routine exterior maintenance so you can lock up and leave for weekends without worry. With strong nearby schools and proven rental demand in the development, Unit 103 appeals to owner-occupants and investors alike.
This condo is vacant and move-in ready, priced competitively at $450,000. It’s a smart option for someone who values modern finishes, private outdoor space, and immediate access to the city’s best amenities—all packaged in a low-maintenance, newly built community.
South Heights blends urban convenience with a residential calm—paver streets and thoughtfully scaled buildings create a village-like feel a short distance from downtown Raleigh. Weekday routines can include quick trips to nearby cafes and restaurants, while weekends offer easy access to Pullen Park, Raleigh City Market, and frequent live events at Red Hat Amphitheater. The area attracts young professionals and families who value walkability, strong nearby schools, and straightforward access to downtown’s cultural and employment hubs.
The South Heights pocket of Raleigh currently reflects a balanced-to-leaning-seller market: inventory sits at roughly 3.5 months and average days on market are about 76, indicating steady demand without the extreme scarcity that pushes prices rapidly higher. Median sale price in the area is near $450,000, and the neighborhood has seen approximately 5% appreciation in the past year and about 25% over five years. Recent unit sales within the same development traded in the high $400Ks to low $500Ks, giving strong local comps for valuation.
For condominium buyers, this environment suggests opportunity—prices are aligned with comparable new units and rental demand is solid. Lease comps show rents around $2,200–$2,250/month (roughly $1.38–$1.41/sf), producing a gross rental yield near 5.9% based on the current list price. Investors will also note that community rules permit both short- and long-term rentals, broadening revenue options. Trade-offs to consider: HOA dues of $270/month and estimated annual taxes near $4,000 affect net returns and ownership cost.
Overall, this is a measured market where well-priced, turnkey new-construction condos—especially those with private outdoor space and attached parking—move steadily. Buyers seeking proximity to downtown Raleigh with low maintenance obligations should consider acting while inventory remains moderate and rental fundamentals hold.
Fuller Elementary
Elementary
Carnage Middle
Middle
Needham Broughton High
High
Excellent access to urban recreation: Pullen Park and Raleigh City Market within 2 miles, Red Hat Amphitheater and downtown cultural venues under 2 miles, and university recreational facilities about 3 miles away.
Modern, low-maintenance condo near downtown Raleigh with strong rental potential and steady appreciation prospects.
Buyers should conduct independent due diligence before making any purchase decisions.
Low
$440K
Midpoint
$450K
High
$460K
$281/SF estimated price per square foot
Sales comparison approach using recent listings and sales within the South Heights development. Adjusted for unit size, features, and market conditions.
As of 2026-03-07
This is a computer-generated estimate for informational purposes only and is not an appraisal or professional valuation.
The area has experienced steady population growth and urban development, attracting young professionals and families seeking proximity to downtown amenities.
Proximity to downtown Raleigh offers access to dining, entertainment, and cultural venues. Nearby parks and educational institutions enhance the area's appeal.
Market data is based on aggregated public records and may not reflect real-time conditions.
Allowed Uses
$312/SF
Initial listing price
$303/SF
Price reduction
$281/SF
Current listing price
Looking to buy or sell? Connect with a licensed local agent who knows this area.
Request a ShowingYour inquiry will be connected with a licensed local real estate professional through our brokerage partner.
No agency is currently featured for this market. Join the CompCasa Local Partner Program to get your brokerage placed on property pages like this one.
Learn About the Partner ProgramCompCasa is a marketing and technology platform. All brokerage services are provided by licensed partners.