417 Pearce Avenue, Wake Forest, NC 27587
Local realty services provided by:ERA Strother Real Estate
417 Pearce Avenue,Wake Forest, NC 27587
$465,000
- 6 Beds
- 4 Baths
- 2,750 sq. ft.
- Multi-family
- Active
Listed by: melissa gordon
Office: coldwell banker advantage
MLS#:10142424
Source:RD
Price summary
- Price:$465,000
- Price per sq. ft.:$169.09
About this home
Downtown Wake Forest Investment and/or Redevelopment Opportunity Offered in conjunction with 425 Pearce Avenue (MLS# 10142426) and 421 Pearce Avenue (MLS# 10178234 ) for a combined purchase price of $1,135,000. The offering includes three parcels totaling approximately 1.67 acres, featuring two fully leased duplexes and one tenant-occupied single-family home, providing immediate rental income with significant long-term upside. Zoned UR (Urban Residential), the properties offer outstanding redevelopment and expansion potential in one of Wake Forest's fastest-growing and most desirable locations. Each duplex features spacious 3-bedroom, 2-full-bath units, thoughtfully designed with two bedrooms on the main level and one upstairs, appealing to a wide range of tenants. This duplex is situated on a generous almost 1/2 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...
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Home facts
- Year built:2006
- Listing ID #:10142424
- Added:180 day(s) ago
- Updated:July 21, 2026 at 03:01 PM
Rooms and interior
- Bedrooms:6
- Total bathrooms:4
- Full bathrooms:4
- Flooring:Carpet, Linoleum
- Bathrooms Description:Bathtub/Shower Combination
- Kitchen Description:Dishwasher, Electric Range
- Living area:2,750 sq. ft.
Heating and cooling
- Cooling:Central Air
- Heating:Heat Pump
- Central air:Yes
Structure and exterior
- Roof:Shingle
- Year built:2006
- Building area:2,750 sq. ft.
- Lot area:0.48 Acres
- Lot Features:Back Yard
- Construction Materials:Vinyl Siding
- Exterior Features:Deck
- Levels:One and One Half
Schools
- High school:Wake - Wake Forest High School
- Middle school:Wake - Heritage Middle
- Elementary school:Wake - Heritage Elementary
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$465,000
- Price per sq. ft.:$169.09
- Tax amount:$3,821
Features and amenities
- Laundry features:Main Level
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