616 Rocky Knob Court, Raleigh, NC 27601
Local realty services provided by:Better Homes and Gardens Real Estate Paracle
616 Rocky Knob Court,Raleigh, NC 27601
$1,599,000
- 12 Beds
- 12 Baths
- 6,900 sq. ft.
- Multi-family
- Active
Listed by: johnny chappell, maggie sparling
Office: compass -- raleigh
MLS#:10197555
Source:RD
Price summary
- Price:$1,599,000
- Price per sq. ft.:$231.74
- Monthly HOA dues:$225
About this home
The final three available townhomes at City Hike are offered together as a turnkey investment portfolio near Downtown Raleigh. Two homes are currently leased at $3,195 and $3,095 per month, providing combined in-place rental income of $6,290 per month and $75,480 annually, while the the third and final unit is being leased up now by KeyRenter property management. Each completed townhome features approximately 2,300 square feet with four bedrooms and four full baths, an open-concept layout, spacious chef's kitchen, private garage and complete bedroom suites across multiple levels. Approximately 400-square-foot rooftop terraces provide generous outdoor living space and Downtown Raleigh skyline views. The homes offer contemporary architecture, thoughtfully selected designer finishes and solar-ready construction, with the ability to support optional solar and energy-monitoring features. City Hike provides convenient access to Downtown Raleigh's employment, dining, entertainment and cultural destinations, along with nearby parks and major commuter routes. This is a rare opportunity to acquire the final three residences in a completed 12-home community, combining immediate rental income with additional upside in a growing urban Raleigh location....
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Home facts
- Year built:2025
- Subdivision & Development:City Hike Townhomes
- Listing ID #:10197555
- Added:1 day(s) ago
- Updated:October 10, 2026 at 03:31 PM
Rooms and interior
- Bedrooms:12
- Total bathrooms:12
- Full bathrooms:12
- Flooring:Carpet, Tile, Wood
- Dining Description:Eat-in Kitchen, Kitchen/Dining Room Combination, Living/Dining Room Combination
- Bathrooms Description:Bathtub/Shower Combination, Double Vanity, Separate Shower
- Kitchen Description:Built-In Range, Dishwasher, Disposal, Microwave, Range, Refrigerator, Stainless Steel Appliance(s), Vented Exhaust Fan, Washer, Washer/Dryer
- Living area:6,900 sq. ft.
Heating and cooling
- Cooling:Central Air
- Heating:Forced Air
- Central air:Yes
Structure and exterior
- Roof:Shingle
- Year built:2025
- Building area:6,900 sq. ft.
- Construction Materials:Vinyl Siding
- Exterior Features:Awning(s), Balcony, Covered, Deck, Lighting, Patio, Porch, Private Entrance
- Foundation Description:Slab
- Levels:Three Or More
Schools
- High school:Wake - Needham Broughton High
- Middle school:Wake - Carnage Middle
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$1,599,000
- Price per sq. ft.:$231.74
- Tax amount:$5,513
Features and amenities
- Laundry features:In Unit, Laundry Room, Upper Level
Parking
- Total parking spaces:6
- Parking description:Attached, Garage Faces Front, Paved
- Garage:Yes
- Garage spaces:3
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