1231 Teakwood Place, Raleigh, NC 27606

Local realty services provided by:Better Homes and Gardens Real Estate Paracle
1231 Teakwood Place,Raleigh, NC 27606
$160,000
  • 2 Beds
  • 3 Baths
  • 1,262 sq. ft.
  • Multi-family
  • Active
Listed by: ahmed mustafa
Office: real broker, llc.
MLS#:10171795
Source:RD

Price summary

  • Price:$160,000
  • Price per sq. ft.:$126.78
  • Monthly HOA dues:$293

About this home

Opportunity awaits at 1231 Teakwood Place! Located in desirable West Raleigh, this 2-bedroom, 3-bathroom, two-story condominium offers the space and layout of a townhome, giving it the feel of townhouse living while enjoying the benefits of condominium ownership. Featuring a functional floor plan, spacious living areas, and a private wooded backdrop, this home provides the perfect foundation for renovation, customization, and building equity. Conveniently located near NC State University, the Wolfline, shopping, dining, and major routes to both Raleigh and Cary, you'll enjoy easy access to everything the Triangle has to offer. Whether you're a first-time homebuyer, investor, or someone looking for a project with tremendous upside, this property presents a rare opportunity to create value in a highly sought-after location. The preferred lender is offering up to $1,600 toward the buyer's closing costs. Ask us for more details! Come see this beauty today!

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Home facts

  • Year built:1972
  • Subdivision & Development:Driftwood Manor
  • Listing ID #:10171795
  • Added:62 day(s) ago
  • Updated:August 06, 2026 at 03:17 PM

Rooms and interior

  • Bedrooms:2
  • Total bathrooms:3
  • Full bathrooms:2
  • Rooms Total:2
  • Flooring:Carpet, Hardwood, Tile
  • Kitchen Description:Electric Range, Electric Water Heater, Range Hood
  • Living area:1,262 sq. ft.

Heating and cooling

  • Cooling:Central Air
  • Heating:Electric
  • Central air:Yes

Structure and exterior

  • Roof:Shingle
  • Year built:1972
  • Building area:1,262 sq. ft.
  • Architectural Style:Traditional
  • Construction Materials:Brick, Cedar
  • Foundation Description:Slab
  • Levels:Two

Schools

  • High school:Wake - Athens Drive High
  • Middle school:Wake - Lufkin Road Middle
  • Elementary school:Adams

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$160,000
  • Price per sq. ft.:$126.78
  • Tax amount:$1,671

Features and amenities

  • Laundry features:Electric Dryer Hookup, In Hall, Laundry Closet, Upper Level

Parking

  • Total parking spaces:2
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