# 3000 Centennial Woods Drive, Raleigh, NC 27603

> **TL;DR:** 4bd/4ba residential multi family, $265,000 ($191/sqft), built 2000, 1,391 sqft.
> A/C. Est. $1,429/mo. Listed 110 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $265,000 |
| Price/sqft | $191 |
| Bedrooms | 4 |
| Bathrooms | 4 full |
| Square Feet | 1,391 |
| Year Built | 2000 |
| Stories | 1 |
| Property Type | Residential Multi Family (Other) |
| Status | For Sale |
| Days on Market | 110 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Mortgage (20% down, 6.5%) | $1,148 |
| HOA | $281 |
| **Total** | **$1,429** |

## Key Amenities

- A/C

## Property Highlights

- Built in 2000

## Description

### Agent Description
**Cash Flow Day One | 4BR/4BA Income-Producing Condo Near NC State** Investors, this one is already working for you before you even close. Four bedrooms, four private baths, three tenants in place, two leases running through July 2027, and current rents at $550 per room moving to $580 in August - that's $2,320 per month at full occupancy with upside still on the table. The room-by-room rental model is one of the strongest income strategies in college markets and this unit is already set up and running. Seller is offering a **$5,000 buyer concession** - use it to buy down your rate, cover closing costs, or put it toward updates. Your call. The heavy lifting has already been done for you. New roof installed by the HOA in 2025. Water heater replaced November 2024. Fresh paint throughout. Heat pump 2016. This is not a fixer - it's a move-in ready income property in one of the most reliable rental markets in North Carolina. Currently professionally managed by Preiss Company, one of the most respected student housing management firms in the region, giving you a completely hands-off ownership experience from day one. Fridge, washer, and dryer all convey. Perfectly positioned near NC State, Meredith College, Centennial Campus, downtown Raleigh, major highways, shopping, and just 15 minutes to RDU. Demand for housing in this corridor does not slow down. Buyers not required to retain current tenants. For owner-occupant or parent buyers, Preiss Company can assist current tenants in relocating within their managed portfolio - making this just as flexible for personal use as it is for pure investment. **$5,000 toward your closing. Tenants already in place. Income from day one. This is the one!

## Location

- **Address:** 3000 Centennial Woods Drive, Raleigh, NC 27603
- **County:** Wake
- **Neighborhood:** Univ Woods at Centennial
- **Coordinates:** 35.749367, -78.694216
- **Google Maps:** https://www.google.com/maps?q=35.749367,-78.694216

## Listing Agent

- **Name:** Ellisha Mayers
- **Brokerage:** Century 21 New Beginnings
- **Phone:** 2525600585
- **Email:** ellisha@c21newbeginningsnc.com

## Primary Photo

![3000 Centennial Woods Drive - Primary Photo](http://lh.rdcpix.com/d1f014da1570643efb3234c1a2dec8adl-f3893890323r.jpg)

*12 total photos available on [listing page](https://www.propertysimple.com/listing/3000-centennial-woods-drive-raleigh-nc-27603-10151367)*

---

**MLS#:** 10151367 | **Updated:** 2026-06-25
**Source:** listhub

*Copyright © 2026 Doorify MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.*

[View on PropertySimple](https://www.propertysimple.com/listing/3000-centennial-woods-drive-raleigh-nc-27603-10151367)

---

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