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. 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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Listing Snapshot
Price
$1,618,000
Days On Site
6 Days
Bedrooms
8
Inside Area (SqFt)
4,054 sqft
Total Baths
8
Full Baths
6
Partial Baths
2
Lot Size
0.19 Acres
Year Built
2026
MLS® Number
10161074
Status
Active
Property Tax
$3,122.89
HOA/Condo/Coop Fees
$100 monthly
Sq Ft Source
N/A
Friends & Family
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Recent Activity
2 days ago
Listing updated with changes from the MLS®
7 days ago
Listing first seen on site
General Features
Acres
0.19
Attached Garage
Yes
Foundation
Slab
Garage
Yes
Garage Spaces
2
Levels
Three Or More
Number Of Stories
3
Parking
PavedAdditional ParkingAttachedConcreteDrivewayGarageGarage Door OpenerOff StreetOn StreetTandem
Parking Spaces
4
Property Condition
New ConstructionUnder Construction
Property Sub Type
Condominium
Security
Firewall(s)Smoke Detector(s)
Sewer
Public Sewer
Special Circumstances
Standard
SqFt Above
4054
SqFt Total
4054
Utilities
Cable AvailableElectricity AvailableElectricity ConnectedNatural Gas AvailableNatural Gas ConnectedPhone AvailableSewer AvailableSewer ConnectedWater AvailableWater Connected
Water Source
Public
Zoning
R-10
Interior Features
Appliances
Built-In Electric OvenCooktopDishwasherDouble OvenENERGY STAR Qualified DishwasherExhaust FanGas CooktopGas Water HeaterIce MakerOvenPlumbed For Ice MakerRange HoodRefrigeratorSelf Cleaning OvenStainless Steel Appliance(s)Tankless Water Heater
Back YardCity LotClearedFew TreesLevelNear Public TransitRectangular Lot
Other Structures
None
Patio And Porch
DeckFront PorchPatioRear Porch
Pool Features
None
Road Frontage
City Street
Roof
Shingle
View
City
Waterview
City
Community Features
Accessibility Features
Visitor Bathroom
Association Dues
100
Building Access
Front
Community Features
ParkPlaygroundRestaurantStreet Lights
Financing Terms Available
CashConventionalFHAVA Loan1031 Exchange
HOA Fee Frequency
Monthly
Roads
AsphaltPaved
School District
https://osageo.wcpss.net/assignment-lookup/
Schools
School District
https://osageo.wcpss.net/assignment-lookup/
Elementary School
Wake - Root
Middle School
Wake - Ligon
High School
Wake - Broughton
Listing courtesy of Jason Queen of Monarch Realty Co.
Listings that are marked with an icon are provided courtesy of the Triangle MLS, Inc. of North Carolina, Internet Data Exchange Database. Copyright 2026 Triangle MLS, Inc. of North Carolina. All rights reserved.
Last checked: 2026-04-24 05:16 PM UTC
Neighborhood & Commute
Source: Walkscore
Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.
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