Map
Link Copied
Listed price in listed location currency (USD).
$495,000

640

MLS® 10142426

  • Key Facts
  • Description
  • Map

Key Facts

Type Duplex
Levels Residential Income
Size 2618 sqft
Garage No
Taxes $4,146
Days Active 0
Lot Size 0.91 acres
Approx. Age 2003
Avg. Price Per Sqft $189
MLS® Number 10142426

Property Address: 425 Pearce Ave, Wake Forest, NC, 27587-2627

Average square foot calculated using Size range provided by listing agent.

Description

Sold together with MLS# 10142424 & this MLS 101424426 For a total of $960, 000. Exceptional investment opportunity in the heart of downtown Wake Forest. This offering includes two fully rented duplexes sold together, located just a couple of blocks from the vibrant town center. Zoned UR, the property presents future expansion or redevelopment potential while generating immediate income. A total of almost 1 1/2 acres across both parcels. Each duplex features spacious 3-bedroom, 2-full-bath units, thoughtfully designed with two bedrooms on the main level, appealing to a wide range of tenants. This duplex is situated on a nearly 1 acre lot. The property provides rare space and flexibility in a downtown setting. The lot has access to Pearce Avenue and currently shares a driveway with the neighboring duplex. A prime location close to dining, shopping, and local amenities, combined with strong rental performance and zoning advantages, makes this a compelling opportunity for investors seeking both stability and upside in one of Wake Forest's most desirable areas. One unit in this building has recently been updated with new flooring, cabinets, counter tops, appliances and paint.
MLS® Number10142426
Laundry LevelMain Level
Central VacNo
FireplaceNo
Acreage0.91
Exterior
GarageNo
Approx. Age2003
Basement
DrivewayOpen, Shared Driveway
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Similar Listings

Price History

-End Date
Not Sold YetSold Price

For Sale

Jan 21, 2026List Date
$495,000List Price
  • Commute

Commute

Starting Address
Destination Address
425 Pearce Ave, Wake Forest, NC

Like what you see?

Complete the form and we'll be in touch. No login necessary.

Add a Comment
Loading...

Comparable Properties