804 Cotton Place Raleigh, NC 27601 Open 5/30 11AM-1PM
UPDATED: 05/12/2026 08:36 PM ON MARKET: 31 days on market
$1,618,000
8 Beds8 Baths4,054 SqFt
Key Details
Property Type Townhouse
Sub Type Townhouse
Listing Status Active
Purchase Type For Sale
Square Footage 4,054 sqft
Price per Sqft $399
Subdivision Not In A Subdivision
MLS Listing ID 10161074
Style Duplex,Site Built,Townhouse
Bedrooms 8
Full Baths 6
Half Baths 2
HOA Y/N Yes
Abv Grd Liv Area 4,054
Year Built 2026
Annual Tax Amount $3,122
Lot Size 8,276 Sqft
Acres 0.19
Property Sub-Type Townhouse
Source Triangle MLS
Property Description
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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