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Active
$1,599,000 Est. $11,243/mo — Get pre-qualified
12beds 12baths 6,900sq ft

616 Rocky Knob Court · Raleigh, NC 27601

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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.

Features & Amenities

Living Area6,900 Sq.Ft.
Bedrooms12
Baths12
HeatingForced Air
CoolingCentral Air
FlooringCarpet, Tile, Wood
FireplaceNo
AppliancesBuilt-In Range, Dishwasher, Disposal, Microwave, Range, Refrigerator, Stainless Steel Appliance(s), Vented Exhaust Fan, Washer, Washer/Dryer
Interior FeaturesBathtub/Shower Combination, Built-in Features, Ceiling Fan(s), Double Vanity, Eat-in Kitchen, High Ceilings, Kitchen Island, Kitchen/Dining Room Combination, Living/Dining Room Combination, Open Floorplan, Pantry, Primary Downstairs, Recessed Lighting, Separate Shower, Storage, Walk-In Closet(s)
LaundryIn Unit, Laundry Room, Upper Level
Exterior FeaturesBalcony, Lighting, Private Entrance
StyleContemporary, Transitional
Year Built2025
ConstructionVinyl Siding
RoofShingle
FoundationSlab
ParkingAttached, Garage Faces Front, Paved
StatusActive
SubdivisionCity Hike Townhomes
CountyWake
Property TypeResidential Income
Property SubTypeTownhouse
Last UpdatedOct 9, 2026
SewerPublic Sewer
Water SourcePublic
HOAYes — $225 / month
ElementaryUnknown Elementary School
MiddleWake - Carnage Middle Middle School
HighWake - Needham Broughton High High School
Presented By: Compass -- Raleigh; 919.726.6548; transactions.northcarolina@compass.com

Location

Property boundary from county GIS

Neighborhood Snapshot

U.S. Census Bureau, ACS 5-year estimates

Neighborhood data describes this home's U.S. Census tract and is provided for information only. Statistics describe an area, not any individual property or its residents.

Monthly Cost Estimate

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* Estimates only. Actual rates, payments, and terms vary. Consult a licensed mortgage professional.

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