5602 Falls Of Neuse Rd #A, Raleigh, NC 27609
FOR SALE

5602 Falls Of Neuse Rd #A
Raleigh, NC 27609

North Raleigh
  • 2 Beds
  • 2 Baths
  • 982 sqft

$180,000

Original price: $183,000
Est. Mortgage $1,326/mo*

$180,000

Original price: $183,000
Est. Mortgage $1,326/mo*
2 Beds
2 Baths
982 sqft

Local Information

Map showing home location
© Google
-- mins to
Commute Destination

Description

First floor condo in central Raleigh located on bus route and close access to 440/540. Two bedrooms, two full bathrooms with open living room & dining room. Trash, water, sewer, community pool, club house and play area all included in HOA fee! New heat pump 2024, tiled floor bathrooms, oak laminate flooring in liv room, din room, hallway & kitchen. Relax on the newly floored back deck overlooking grass area. Small storage room off deck, Reserved parking space and guest parking next to building. Refrigerator, stove, washer, dryer, dishwasher included. Freshly painted, Move in ready.

Home Highlights

Parking
1 Open Spaces
Outdoor
Deck, Pool
A/C
Heating & Cooling
HOA
$244/Monthly
Price/Sqft
$183
Listed
180+ days ago

Home Details for 5602 Falls Of Neuse Rd #A

Interior Features

Interior Details
Number of Rooms: 5
Beds & Baths
Number of Bedrooms: 2Number of Bathrooms: 2Number of Bathrooms (full): 2
Dimensions and Layout
Living Area: 982 Square Feet
Appliances & Utilities
Utilities: Cable Available, Electricity Connected, Sewer Connected, Water ConnectedAppliances: Dishwasher, Electric Oven, Electric Water Heater, Range, Range Hood, Refrigerator, Washer/Dryer StackedDishwasherLaundry: In Hall,Laundry Closet,Main LevelRefrigerator
Heating & Cooling
Heating: Central, Electric, Forced Air, Heat PumpHas CoolingAir Conditioning: Central Air, Electric, Heat PumpHas HeatingHeating Fuel: Central
Fireplace & Spa
No FireplaceNo Spa
Windows, Doors, Floors & Walls
Window: Blinds, Double Pane Windows, Insulated Windows, ScreensDoor: Sliding DoorsFlooring: Carpet, Combination, Hardwood, TileCommon Walls: End Unit, No Common Walls, No One Below
Levels, Entrance, & Accessibility
Stories: 1Levels: OneFloors: Carpet, Combination, Hardwood, Tile
View
Has a ViewView: Neighborhood

Exterior Features

Exterior Home Features
Roof: Shingle See RemarksPatio / Porch: DeckFencing: NoneOther Structures: See RemarksExterior: Lighting, Private Entrance, StorageFoundation: SlabHas a Private Pool
Parking & Garage
Open Parking Spaces: 1No CarportNo GarageNo Attached GarageHas Open ParkingParking Spaces: 1Parking: Additional Parking,Asphalt,Guest,Off Street,On Site,Outside,Parking Lot,Paved,Private
Pool
Pool: Association, Community, Fenced, Filtered, In Ground, Outdoor Pool, Pool Cover, PrivatePool
Frontage
Road Frontage: City Street, State Road, See RemarksRoad Surface Type: Asphalt, PavedNot on Waterfront
Water & Sewer
Sewer: Public Sewer
Farm & Range
Not Allowed to Raise Horses
Finished Area
Finished Area (above surface): 982 Square Feet

Days on Market

Days on Market: 180+

Property Information

Year Built
Year Built: 1972
Property Type / Style
Property Type: ResidentialProperty Subtype: Condominium, Residential, Multi Family, QuadruplexStructure Type: Multi Family, Quadruplex, Site BuiltArchitecture: Traditional
Building
Construction Materials: Brick, Vinyl SidingNot a New ConstructionAttached To Another Structure
Property Information
Parcel Number: Unit A

Price & Status

Price
List Price: $180,000Price Per Sqft: $183

Active Status

MLS Status: Active

Location

Direction & Address
City: RaleighCommunity: The Falls Condominiums
School Information
Elementary School: Wake - MillbrookJr High / Middle School: Wake - East MillbrookHigh School: Wake - Millbrook

Agent Information

Listing Agent
Listing ID: 10133751

Building

Building Area
Building Area: 982 Square Feet

Community

Community Features: Clubhouse, Curbs, Park, Playground, Pool, Sidewalks, Street LightsNot Senior Community
Other
Playground

HOA

HOA Fee Includes: Insurance, Maintenance Grounds, Road Maintenance, Sewer, Special Assessments, Trash, WaterHas an HOAHOA Fee: $244/Monthly

Listing Info

Special Conditions: Standard

Miscellaneous

Mls Number: 10133751Above Grade Unfinished Area: 982

Additional Information

HOA Amenities: Clubhouse, Insurance, Landscaping, Maintenance, Maintenance Grounds, Management, Parking, Pool, Trash, WaterSource Internet Entire Listing Display
Last check for updates: about 8 hours ago
Listing courtesy of Eric Olson, (919) 418-5343
Olson Realty Group
Source: Doorify MLS, MLS#10133751
Also Listed on Doorify MLS.

Market trends in North Raleigh

Last updated April 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$448K
$167
MoM
Sale-to-List Price
98.3%
0.1%
MoM
Price per sq ft
$232
$2
MoM
Available listings
351
58
MoM

Price History for 5602 Falls Of Neuse Rd #A

DatePriceEventSource
05/05/2026$180,000PriceChange
Doorify MLS #10133751
04/06/2026$183,000PriceChange
Doorify MLS #10133751
11/18/2025$185,000Listed For SaleDoorify MLS #10133751
11/14/2023$160,000Sold
N/A

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Property Tax and Assessment

Year2025
Tax$1,549
Assessment$175,283
Home facts updated by county records

Comparable Sales for 5602 Falls Of Neuse Rd #A

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
0.12
Condo
$161,500
02/20/26
2
2
954
0.13
Condo
$170,000
03/06/26
2
2
954
0.12
Condo
$158,000
06/05/26
2
2
877
0.12
Condo
$193,000
08/15/25
2
2
929
0.10
Condo
$120,000
10/08/25
2
2
954
0.12
Condo
$116,500
10/03/25
2
2
940
0.12
Condo
$101,000
12/12/25
2
2
1,010
0.12
Condo
$197,000
03/03/26
2
2.5
1,266
0.55
Condo
$140,000
10/07/25
2
1.5
1,017
0.68
Condo
$156,000
06/20/25
2
1.5
1,050

Nearby homes

Get a sense of prices in the area by checking nearby homes.
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Assigned Schools

These are the assigned schools for 5602 Falls Of Neuse Rd #A.
The GreatSchools Rating compares schools on a variety of school quality indicators including test scores, college readiness, equity and more. Learn more.

Neighborhood Overview

Neighborhood stats provided by third party data sources.

What Locals Say about North Raleigh

At least 521 Trulia users voted on each feature.
  • 94 % Say it's dog friendly

  • 93 % Say car is needed

  • 85 % Say there are sidewalks

  • 83 % Say parking is easy

  • 76 % Say there's holiday spirit

  • 71 % Say streets are well-lit

  • 70 % Say people would walk alone at night

  • 69 % Say it's quiet

  • 68 % Say kids play outside

  • 61 % Say yards are well-kept

  • 60 % Say it's walkable to grocery stores

  • 57 % Say neighbors are friendly

  • 54 % Say it's walkable to restaurants

  • 54 % Say they plan to stay for at least 5 years

  • 52 % Say there's wildlife

  • 40 % Say there are community events

Sourced by Trulia users. Learn more about our methodology.
  • Jdgm795hvd
    "Green space, walking trails adjacent. Can take the trail directly from townhouse to Shelly Lake. Dog friendly. Nice neighbors"
  • Rachel Nichols
    "Shelly lake is nearby. A nice area to go for a walk. The area has great schools. Children shouldn’t be too noisy living in the condo buildings since they’re older buildings, and you can hear what the neighbors are doing"
  • Amy DeBorde
    "There are many family oriented community activities and events that take place throughout the year, and such a great quality environment to be surrounded with, especially the nice parks! The area is one of the best locations Raleigh has to offer in my opinion! It is a short distance to any of the surrounding towns/cities as well. While the communities are constantly building/growing/expanding around us, it is still such a quiet/peaceful neighborhood."
  • Wilkeslisa
    "It’s a great city, attractive, peaceful, convenient and an easy climate. There are many families around us. We don’t have kids here, so I’m no help."
  • Tasha Domena
    "Easy to get to where I need to go. Traffic during rush hour is manageable not much wait time. Traffic moves at a pace. "
  • Trulia User
    "Most neighbors keep their dogs on a leash. It’s a pleasant neighborhood to walk your family and meet your neighbors. I would highly recommend visiting or staying in this area. "
  • Lynncanez
    "Schools k-12 across the street from the neighborhood and kids walk to school. A walkable neighborhood. "
  • Trulia User
    "Nice neigjhbor quiet and peaceful . Neighbors are wonderful. Peaceful and lovely. Awesome. Check it out for yourself."
  • Trulia User
    "Yes, North Raleigh, located in North Carolina, United States, is known for having some excellent schools. The area is home to several highly regarded public and private educational institutions. These schools often offer rigorous academic programs, extracurricular activities, and resources to support students' learning and growth. It's worth noting that school quality can vary within any given area, so it's important for individuals to research and consider specific schools based on their unique needs and preferences."
  • Trulia User
    "Family friendly area close to many parks and good restaurants. Can bike to lake and park. Lots of Greenspace and community events"
  • Trulia User
    "I’m new to the area so I’m not aware of any current events. It is a lovely neighborhood with friendly people."
  • Trulia User
    "Millbrook Exchange Park is close by, and has a very nice dog park. There are plenty of dogs in the neighborhood and people are good about cleaning up after them. I can't remember ever stepping poop. "
  • Trulia User
    "There are plenty of sidewalks. Will see alot of other dog owners walking their dogs in the area. I typically see people picking up after their dogs. "
  • Jctroch
    "This is an older, established neighborhood where all generations interact and connect - but without the cookie-cutter look and overly-planned environment. Safe streets for walking, running, and riding bikes. Close to great shopping, restaurants, and schools."
  • Deeviouslyd
    "Even though it's a quiet neighborhood... there's lots of shopping and entertainment here in North Raleigh. "
  • Dolores W.
    "I live here and I love it. Kids, school, area is great. Everything is close by. I will definitely recommend the area. "
  • Hartleyam
    "We don’t have any community events in my specific neighborhood so I can’t comment on that. The neighborhood is safe, quiet, and clean"
  • Chrystal S.
    "It's diverse and economically growing like the rest of Raleigh, NC & it's really close to Wake Forest, NC."
  • Montinique W.
    "Lots of trained dogs around. Friendly owners. Lots of interaction between dogs on any evening walk. Dogs are on a first name basis. My dog has been walking the community leashless for years "
  • Mackenzie.gifford.a
    "I moved down from NJ a year ago and I love the neighborhood. I like how close everything is. It’s has a suburb mixed with a city vibe"
  • Erica P.
    "there's a dog park and walking trail. pet supermarket in Sutton Square near Rise. the sidewalks are all well kept here and there are several nature trails to go on."
  • Andria C.
    "I don’t have much of an opinion on what I think is important for parents to know as I don’t have any children of my own. I think this area appears to be safe and pleasant for children as far as I have observed. Kids play outside with and without parent supervision and it seems everyone feels very safe and protected and neighbors seem to keep vigil about the surroundings in general. "
  • Pacomoreno55
    "Friendly people and many different types of restaurants very close. Lots of trails to walk on and parks all over. "
  • Angie.64
    "Lots of sidewalks and lots of other owners walking their dogs. Wide variety of dogs. Most people walking their dogs are very friendly."
  • Andria C.
    "It is a central location, very close to I540, 440, Triangle Town Center and Crabtree Valley Mall, among other locations. "
  • Kristina B.
    "Very nice and friendly I like it a lot always wanted to live here best side of town to live on...been looking for a place over here "
  • Dana V.
    "Lots of community get togethers and playing in the streets. People are courteous of pedestrians and the trails are beautiful! "
  • Amy.hinrichs
    "Nice mix of families and older people, pets. Quiet most of the time. We have lived here for 2 years. "
  • Dana V.
    "People are always out walking around with dogs and little kids. This is a great area and love that it’s closer to downtown"
  • Brittney H.
    "I lived in Raleigh for over 3years and loved every minute of it. It’s convenient, especially North Raleigh. We loved it so much that I even moved my family from up north here!"
  • Trulia User
    "There are regular community events such as barbecues, cookie exchanges, block parties, etc.............. "
  • Liz C.
    "I have lived here for 12 years and I love how everything is conveniently located. We enjoy the many parks and trails. "
  • Laura
    "I drive myself in my car about a total of 6 minutes. I see buses but do not use them. It’s easy commute if I don’t hit traffic on falls around 7:30 am"
  • West F.
    "30min drive to RTP, downtown, or Cary. 15min to airport. Less than 10min to all and any services or shopping."
  • Karen P. H.
    "Community pool. Close to schools, beautiful trails / greenway , close to movie theater, restaurants and shopping "
  • Tjtarheel
    "Easy access to 540. Heavy traffic at peak times especially around the access point on Falls of Neuse. "
  • Eileen
    "Close to shops, markets and public transportation. Quick commute to Downtown Raleigh. Lots of parks, trails, restaurants "

LGBTQ Local Legal Protections

Eric Olson, Olson Realty Group
Agent Phone: (919) 418-5343
The MLS listing information displayed is deemed reliable, but is not guaranteed accurate by the MLS.
Copyright 2026 Doorify MLS of North Carolina. All rights reserved.
5602 Falls Of Neuse Rd #A, Raleigh, NC 27609 is a 2 bedroom, 2 bathroom, 982 sqft condo built in 1972. 5602 Falls Of Neuse Rd #A is located in North Raleigh, Raleigh. This property is currently available for sale and was listed by Doorify MLS on Nov 18, 2025. The MLS # for this home is MLS# 10133751.