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Dream Team United

| Dream Team United | Keller Williams Connected | PLACE

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5130 Flint Ridge Pl , Raleigh, NC 27609
$169,000
Est. Payment: $870.89/mo
0 Bed
2 Bath
1040 Sqft
Status: active | Days on site: 18
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VCR-C15903466 - VCR-C159091383,VCR-C159052275

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House Description

Prime Raleigh Condo: Investment Asset or Low-Maintenance Lifestyle Discover an exceptional real estate opportunity at 5130 Flint Ridge, a beautifully maintained 2-bedroom, 2-bathroom condo that perfectly straddles the line between a lucrative portfolio addition and a delightful primary residence. Nestled in a prime Raleigh locale, this property offers a rare combination of urban convenience and tranquil community living. For the traditional homebuyer seeking an easy, low-maintenance lifestyle, this condo delivers comfort, convenience, and peace of mind in equal measure. The bright, open-concept floor plan creates an inviting atmosphere where daily living feels effortless. Major mechanical updates are already taken care of, highlighted by a brand-new water heater replaced just last year. The main living space opens directly onto a charming covered porch, offering a peaceful spot to unwind or savor your morning coffee. Retreat to the spacious primary suite complete with its own private bathroom, while the versatile second bedroom stands ready to adapt to your needs as a guest room, hobby space, or dedicated work-from-home office. Beyond your front door, resort-style HOA perks await, including a refreshing community pool, tennis courts, scenic pond views, and serene walking paths that provide a quiet escape from the daily grind. For the strategic investor, this property represents a high-demand asset in a historically strong rental market with immediate reduced capital expenditure risks. Having the water heater replaced last year means one less big-ticket maintenance item to worry about for years to come. The low-maintenance nature of condo living, combined with an inclusive HOA structure and exterior maintenance, significantly reduces your hands-on property management tasks and predictable overhead. The highly desirable dual-suite layout is an absolute magnet for premium tenants, whether they are young professionals, roommates, or downsizers. Location is everything for rental velocity, and this address places tenants just minutes from the premier shopping, dining, and employment hubs of North Hills and Crabtree, ensuring consistently low vacancy rates and strong rental yields from day one. Whether you are looking to secure a savvy stream of passive income or seeking a vibrant, maintenance-free place to call home, this versatile Raleigh condo is a winning proposition on all fronts.

Highlights

Listed by Matt Steele , 817-946-8815 Navigate Realty , 919-873-3000. Triangle MLS, Inc. of North Carolina mls logo

Property Type

Residential

HOA Fee

340 Monthly

Year Built

1972

County

Wake

Neighborhood

Cedar Hills Condo

Listing ID

10179960

Questions about this listing?

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:0
  • Bathrooms:2
  • Full Bathrooms:2
Appliances:Dryer, Electric Oven, Electric Water Heater, Refrigerator, Washer
Air Cond:Central Air
Fireplaces:
Floor:Laminate
Above Ground Sq Ft:1040
Below Ground Sq Ft:0
Other:Eat-in Kitchen
Other:Public

Exterior Features

Zoning:R-6
Roof:Shingle
Others:Covered,Porch
Sewer:Public Sewer
Parking Features:Parking Lot
Principal Interest
$871
Taxes
$138
HOA
$340

Home Price

$169,000

Loan Details

30 yrs
6.683%

Down Payment

20%
$33,800
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$870.89

Principal

Taxes

HOA

Principal Taxes HOA Total
Monthly $870.89 $138.47 $340.00 $1,349.37
Yearly $10,450.70 $1,661.69 $4,080.00 $16,192.39
Total $313,521.04 $49,850.70 $122,400.00 $485,771.74

Today's Rates

30 Year

6.68%

20 Year

6.55%

15 Year

6.13%

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Market insight data is pulled from the same city as the listing being viewed (Raleigh, NC).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Information Not Guaranteed.
Listings marked with an icon are provided courtesy of the Triangle MLS, Inc. of North Carolina, Internet Data Exchange Database.
©2026 Triangle MLS, Inc. of North Carolina. All rights reserved.

Data last updated: 2026-08-01T19:26:35.000Z

© 2026 Triangle MLS, Inc. of North Carolina

MLS Logo - Triangle MLS, Inc. of North Carolina