$215,000
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
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.
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.
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.
Wiley Elementary
Elementary
Oberlin Middle
Middle
Needham Broughton High
High
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.
Updated condo in prime location with strong rental demand and potential for appreciation.
Buyers should conduct independent due diligence before making any purchase decisions.
Low
$210K
Midpoint
$215K
High
$220K
$440.16/SF estimated price per square foot
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.
The Village District has experienced steady growth, attracting young professionals and students due to its central location and amenities.
Steps from shopping, dining, and entertainment options in the Village District. Proximity to NC State University and downtown Raleigh enhances lifestyle appeal.
Market data is based on aggregated public records and may not reflect real-time conditions.
Allowed Uses
$440.16/SF
Current listing price
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