Property listing for 805 Daniels St Unit B, Raleigh, NC 27605
For SaleCondo

$215,000

805 Daniels St Unit B, Raleigh, NC 27605

Updated 1BR Ranch Condo Steps from Village District Amenities

1 Bed · 1 Bath · 488 Sq Ft

Smart, single-level living near NC State and downtown Raleigh

1

Beds

1

Baths

488

Sq Ft

1953

Built

About 805 Daniels St Unit B

This one-level brick condo brings efficient, contemporary living to Raleigh’s Village District without sacrificing convenience. Unit B at 805 Daniels Street is a 1-bedroom, 1-bath home of 488 square feet, thoughtfully updated to maximize every inch: a refreshed kitchen with modern appliances and clean cabinetry, bright living spaces that accommodate both relaxation and a compact home office, and an intelligently arranged floor plan that makes single-story life effortless. The building’s 1953 brick exterior and shingle roof provide a grounded, low-maintenance envelope while upgrades inside reduce near-term upkeep.

Practical systems include central air and electric heating, and the property comes with an assigned parking space directly in front of the building—a valuable amenity in this walkable neighborhood. The bathroom and primary living areas reflect a move-in ready condition, ideal for buyers who want a turnkey pied-à-terre, downsizer-friendly residence, or an investor seeking reliable rental performance in a high-demand pocket of Raleigh.

Lifestyle here is as compelling as the interior. The Village District places cafés, shops, and restaurants within a short stroll; NC State University sits about 1.2 miles away, Pullen Park roughly 1.5 miles, and downtown Raleigh just under two miles. Those connections draw students, young professionals, and city anchors that support healthy rental demand—a trend reflected in local rent comps and the property’s estimated monthly rent of approximately $1,200.

Listed at $215,000 with an assessed value aligned to market comparables, this updated ranch-style condo blends urban access, low-maintenance ownership, and clear investment upside. Prospective buyers should verify HOA terms, permits, and complete a professional inspection; showings are recommended for anyone seeking a compact, convenience-focused home in one of Raleigh’s most walkable districts.

Home Highlights

Move-in readyRecently updated kitchen and living spacesAssigned parking space includedOne-level ranch condo — accessible livingCentral airStrong rental demand / investment potentialListed at $215,000

Property Features

Interior Features

  • 1 bedroom / 1 bathroom, 488 sq ft
  • Updated kitchen with modern appliances
  • Bright living area suitable for living and workspace
  • Functional single-level (ranch) layout
  • Central air conditioning
  • Electric heating
  • Move-in ready condition

Exterior & Lot

  • 1953 brick construction
  • Shingle roof
  • Assigned parking space directly in front of building
  • Level site with standard residential access from Daniels Street
  • Low-maintenance building exterior

Location & Neighborhood

  • Village District neighborhood
  • Steps to Village District Shopping Center (0.1 mi)
  • NC State University ~1.2 miles
  • Pullen Park ~1.5 miles
  • Downtown Raleigh ~1.8 miles

Walkability & Recreation

  • Walkability Rating: 85/100 — Very Walkable
  • Nearby parks and green spaces including Pullen Park
  • Hiking and biking routes near greenways and campus paths
  • NC State campus recreational facilities within ~1.2 miles
  • Short walks to cafes, restaurants, and retail in the Village District

Neighborhood & Location

The Village District blends neighborhood convenience with city access. Tree-lined streets lead to a compact retail spine of cafés, shops, and restaurants; a short commute puts NC State, Pullen Park, and downtown Raleigh within easy reach. The area attracts students, faculty, and young professionals, creating an energetic daytime population and steady rental demand. Community amenities and walkable retail make it ideal for buyers seeking an urban-but-neighborhood feel.

Market Insights

The Village District condo market is currently tilted toward sellers. Inventory sits at approximately 2.5 months—below balanced-market levels—while the local average days on market is near 30 days, signaling brisk activity for turn-key units. Median sale prices in the area hover around $225,000 with one-year appreciation near 5% and five-year gains close to 25%. Recent comps for nearby 1-bedroom units have closed in the $220,000–$226,000 range, with price-per-square-foot in the low-to-mid $400s; those sales anchor the valuation for this 488-sqft unit listed at $215,000.

Condo product in this corridor performs well because of limited supply, strong rental demand tied to NC State and downtown employers, and walkable retail nodes. For buyers, current market dynamics mean competitively priced, updated units can move quickly; for investors, rental yields are attractive with gross rent estimates around $1,200/month. Given low inventory and steady demand, this is a favorable window for sellers and a time-sensitive opportunity for buyers who prioritize location and rental upside.

Nearby Schools

Wiley Elementary

Elementary

5/10

Oberlin Middle

Middle

6/10

Needham Broughton High

High

7/10

Walkability & Recreation

85
Walkability
80
Recreation

Very good access to outdoor recreation with Pullen Park about 1.5 miles away, NC State campus greenways within walking distance, and multiple neighborhood parks and paths for running, biking, and daily walks.

Investment Highlights

  • Updated kitchen and living spaces
  • Prime location in Raleigh's Village District
  • Assigned parking space included
  • Proximity to NC State University and downtown Raleigh
  • Strong rental demand in the area

Key Findings

  • Current listing price: $215,000
  • Assessed value: $218,344
  • Built in 1953 with 488 sq ft of living space
  • Located in the Village District with walkable amenities
  • Assigned parking space in front of building

Things to Consider

  • Limited square footage at 488 sq ft
  • Built in 1953; potential for aging infrastructure
  • HOA fees and regulations to consider

Opportunity Analysis

Updated condo in prime location with strong rental demand and potential for appreciation.

Potential Use Scenarios

  • Ideal for first-time homebuyers seeking urban living
  • Potential rental property with steady income
  • Long-term appreciation potential in a growing market

Risk Factors

  • Limited space may not suit all buyers
  • Age of building may require future maintenance
  • HOA fees and regulations could impact ownership costs

Buyers should conduct independent due diligence before making any purchase decisions.

AI Valuation Estimate

Low

$210K

Midpoint

$215K

High

$220K

$440.16/SF estimated price per square foot

85% confidence

Sales comparison approach using recent sales of similar 1BR condos in the Village District. Adjusted for size, condition, and location. Assessed value aligns with market trends.

As of 2026-03-07

This is a computer-generated estimate for informational purposes only and is not an appraisal or professional valuation.

Market & Area Data

Market Trends

Area Median Price$225,000
Avg Days on Market30 days
Inventory2.5 months
1-Year Appreciation+5.0%

Demographics

Population (1 mi)15,000
Median Income (1 mi)$70,000

The Village District has experienced steady growth, attracting young professionals and students due to its central location and amenities.

Nearby Points of Interest

  • Village District Shopping Center (0.1 mi)
  • NC State University (1.2 mi)
  • Pullen Park (1.5 mi)
  • Downtown Raleigh (1.8 mi)

Steps from shopping, dining, and entertainment options in the Village District. Proximity to NC State University and downtown Raleigh enhances lifestyle appeal.

School District

DistrictWake County Public School System
ElementaryWiley Elementary (5/10)
MiddleOberlin Middle (6/10)
HighNeedham Broughton High (7/10)

Market data is based on aggregated public records and may not reflect real-time conditions.

Property Details

Building Details

Year Built1953
Constructionbrick
Stories1
Roofshingle
Heatingelectric
Coolingcentral air
Basementnone
FireplaceNo
Conditiongood

Lot & Site

Topographylevel
Parkingassigned
Parking Spaces1

Utilities

Waterpublic
Sewerpublic
ElectricDuke Energy

Zoning & Land Use

Zoning CodeR-10
DescriptionResidential-10
JurisdictionCity of Raleigh

Allowed Uses

single familymulti familyaccessory dwelling unit
Current Useresidential
Assessor UseCondominium

Tax & Sale History

Tax Assessment

Total Assessed$218,344
Land$218,344
Improvements$0
Annual Tax (2025)$1,945

Sale History

2026-03-06$215,000

$440.16/SF

Current listing price

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