409 Alston St, Raleigh, NC 27601

Rare opportunity to secure instant equity in Downtown Raleigh with this modern townhome-style condo, recently appraised above list price. Located just minutes from Downtown Raleigh, Transfer Co. Food Hall, Moore Square, and Fayetteville Street, this multi-level 4BR/3BA home delivers a true urban lifestyle with premium design, and flexible living options.

Thoughtfully crafted interiors feature a 5-zone HVAC system for personalized comfort, herringbone hardwood flooring, custom tilework, and sleek modern finishes throughout. The kitchen showcases Samsung Bespoke appliances, gas range, and contemporary cabinetry. The top floor is designed for entertaining with a wet bar, wine fridge, and direct access to a rooftop terrace offering impressive skyline views. Additionally, the top floor flex space can be used as a home office, guest room, or additional sleeping space. The primary suite includes a private balcony for added outdoor living. Two bedrooms offer ensuite or direct bath access—ideal for guests, roommates, or shared living arrangements.

The property's unique connected two-unit configuration provides outstanding versatility. The layout supports co-living, multi-generational living, work-from-home setups, income-producing opportunities, or shared ownership. Eligible for short-term and mid-term rental use. Ownership structure is flexible—fractional/co-ownership and LLC buyers are permitted under the declaration.

Energy-efficient and low-maintenance features include a tankless water heater and metal roof. Surrounded by restaurants, breweries, coffee shops, parks, and cultural attractions, this residence combines modern design, downtown convenience, and strong attraction value. An excellent choice for anyone seeking a contemporary urban home with built-in equity and exceptional flexibility, located in Downtown Raleigh, and close proximity to top rated schools. Schedule your showing today!