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.
Updated 1BR Ranch Condo Steps from Village District Amenities
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.
See the properties helping shape the valuation.
Comparable sales
- 14 SF larger
- Same year built
- 14 SF larger
- Same year built
- 78 SF larger
- Same year built
A 1953 ranch.
Building
Site & utilities
Village District
Researched nearby locations
Location
805 Daniels St Unit B, Raleigh, NC 27605
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.
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.
A factual market snapshot around 805 Daniels St Unit B.
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.
Residential-10
Zoning
Research-indicated uses
- Single Family
- Multi Family
- Accessory Dwelling Unit
Assessment data and recorded transactions.
Assessed value is kept visually separate from the CompCasa market-value estimate.
Tax assessment
Sale history
Rental references from the research record.
Context only—not an investment recommendation or guarantee of achievable rent.
Supporting lease references
- 78 SF larger
- 78 SF larger
What the research supports — and what is still worth verifying.
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
Still worth verifying
Routine buyer due diligence items; these are not known defects.
- Confirm lot dimensions and boundaries
- Verify renovation permits were properly pulled
- Confirm HOA fees and regulations
- Professional home inspection
- Review building's maintenance history
What stands out about this property.
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
Sources & research confidence.
See where the property research came from and how confidence varies by field.