Property photo 1
Property photo 2
Property photo 3
Property photo 4
Property photo 5
12 Beds
12 Baths
6,900 sqft

$1,599,000

616 Rocky Knob Court, Raleigh NC, 27601

Price per sqft$231.74
Built in2025
Property size6,900 sqft
Property typeTownhomes
Listing courtesy of Compass -- Raleigh

Overview

Active

Listed Oct 9, 2026

Updated 17h ago

The final three available townhomes at City Hike are offered together as a turnkey investment portfolio near Downtown Raleigh. Two homes are currently leased at $3,195 and $3,095 per month, providing combined in-place rental income of $6,290 per month and $75,480 annually, while the the third and final unit is being leased up now by KeyRenter property management. Each completed townhome features approximately 2,300 square feet with four bedrooms and four full baths, an open-concept layout, spacious chef's kitchen, private garage and complete bedroom suites across multiple levels. Approximately 400-square-foot rooftop terraces provide generous outdoor living space and Downtown Raleigh skyline views. The homes offer contemporary architecture, thoughtfully selected designer finishes and solar-ready construction, with the ability to support optional solar and energy-monitoring features. City Hike provides convenient access to Downtown Raleigh's employment, dining, entertainment and cultural destinations, along with nearby parks and major commuter routes. This is a rare opportunity to acquire the final three residences in a completed 12-home community, combining immediate rental income with additional upside in a growing urban Raleigh location.

$10,638/mo

Est. mortgage payment based on a $1,599,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
10197555

Interior Features

Bedrooms
12
Bathrooms
12
Cooling
Yes
Heating
Yes
Basement
No

Other Property Details

Association Fee Frequency
Monthly
Garage
Yes
New Construction
Yes
MLS provider logo

Listed by Johnny Chappell, Maggie Sparling, Compass -- Raleigh

Listings marked with a Doorify MLS icon are provided courtesy of the Doorify MLS, of North Carolina, Internet Data Exchange Database. Brokers make an effort to deliver accurate information, but buyers should independently verify any information on which they will rely in a transaction. The listing broker shall not be responsible for any typographical errors, misinformation, or misprints, and they shall be held totally harmless from any damages arising from reliance upon this data. This data is provided exclusively for consumers’ personal, non-commercial use.

©2026 Doorify MLS of North Carolina. All rights reserved.

Data last updated 3:53 AM UTC, 10/10/2026

Powered by Luxury Presence