804 Cotton Place, Raleigh, NC 27601
Local realty services provided by:Better Homes and Gardens Real Estate Paracle
804 Cotton Place,Raleigh, NC 27601
$1,550,000
- 8 Beds
- 8 Baths
- 4,054 sq. ft.
- Multi-family
- Active
Listed by: jason queen
Office: monarch realty co.
MLS#:10161074
Source:RD
Price summary
- Price:$1,550,000
- Price per sq. ft.:$382.34
- Monthly HOA dues:$100
About this home
Positioned in the rapidly growing urban core of Raleigh, 804 Cotton Place presents a compelling investment opportunity to acquire this condo duo for your income-producing asset in one of the city's most dynamic neighborhoods. Scheduled to be completed Early Summer 2026 this brand-new contemporary residence offers over 2,000 square feet, 4 bedrooms and 3.5 bathrooms per unit--ideal for attracting strong rental demand from professionals, roommates, or short-term tenants.
Designed with broad tenant appeal in mind, the open-concept layout, abundant natural light, and modern finishes create a turnkey living experience. The chef-style kitchen is outfitted with quartz countertops, stainless steel appliances, and smart home features--highly desirable amenities that support premium rental positioning. Multiple living areas, including a dedicated office and flexible spaces, provide versatility for co-living arrangements or work-from-home tenants, increasing rental value and occupancy potential.
The primary suite and additional well-appointed bedrooms offer privacy and comfort, while design-forward bathrooms and contemporary fixtures enhance long-term tenant satisfaction. Outdoor features, including shared green space and skyline views, further elevate the property's marketability.
Located just minutes from Downtown Raleigh, the property benefits from proximity to major lifestyle drivers such as Transfer Co. Food Hall, Raleigh Wine Shop, and Roshambo, all contributing to consistent rental demand. Additionally, a planned City of Raleigh redevelopment nearby--including retail, grocery, and community space--positions this asset for future appreciation and increased tenant desirability.
Whether purchased as a primary rental, short-term income property, or as part of a multi-unit investment strategy, 804 Cotton Place offers strong income potential, modern construction with minimal maintenance, and a prime location in one of the Southeast's fastest-growing markets.
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Home facts
- Year built:2026
- Subdivision & Development:Not in a Subdivision
- Listing ID #:10161074
- Added:110 day(s) ago
- Updated:August 06, 2026 at 03:17 PM
Rooms and interior
- Bedrooms:8
- Total bathrooms:8
- Full bathrooms:6
- Flooring:Carpet, Ceramic Tile, Luxury Vinyl, Simulated Wood
- Dining Description:Eat-in Kitchen, Kitchen/Dining Room Combination, Living/Dining Room Combination
- Bathrooms Description:Bathtub/Shower Combination, Double Vanity, Separate Shower, Shower Only, Walk-In Shower, Water Closet
- Kitchen Description:Built-In Electric Oven, Cooktop, Dishwasher, Double Oven, Exhaust Fan, Gas Cooktop, Gas Water Heater, Ice Maker, Oven, Plumbed For Ice Maker, Range Hood, Refrigerator, Self Cleaning Oven, Smart Appliance(s), Stainless Steel Appliance(s), Tankless Water Heater, Wall Oven
- Bedroom Description:Second Primary Bedroom
- Living area:4,054 sq. ft.
Heating and cooling
- Cooling:Central Air
- Heating:Electric, Heat Pump
- Central air:Yes
Structure and exterior
- Roof:Architectural Shingle, Shingle
- Year built:2026
- Building area:4,054 sq. ft.
- Lot area:0.19 Acres
- Lot Features:Back Yard, City Lot, Cleared, Few Trees, Hardwood Trees, Level, Near Public Transit, Rectangular Lot
- Construction Materials:Concrete, Fiber Cement
- Exterior Features:Balcony, Deck, Front Porch, Lighting, Patio, Rear Porch
- Foundation Description:Concrete, Slab
- Levels:Three Or More
Schools
- High school:Wake - Needham Broughton High
- Middle school:Wake - Ligon Middle
- Elementary school:Wake - Root Elementary
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$1,550,000
- Price per sq. ft.:$382.34
- Tax amount:$3,123
Features and amenities
- Laundry features:In Hall, Inside, Upper Level
- Smart home:Yes
Parking
- Total parking spaces:4
- Parking description:Attached, Concrete, Driveway, Garage, Garage Door Opener, Off Street, On Street, Paved
- Garage:Yes
- Garage spaces:2
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