132 W Vernon Avenue, Wake Forest, NC 27587

Wake Forest
Local realty services provided by:Better Homes and Gardens Real Estate Paracle
132 W Vernon Avenue,Wake Forest, NC 27587
$175,000
  • 2 Beds
  • 1 Baths
  • - sq. ft.
  • Single family
  • Sold
Listed by: miles ridley boan
Office: exp realty, llc. - c
MLS#:10148904
Source:RD

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Price summary

  • Price:$175,000

About this home

Priced below the Tax Assessed Value, this building lot & renovation opportunity situated in a National Register Historic District. This classic cottage and lot presents a unique opportunity to own prime downtown location in Wake Forest. Perfectly positioned for a car-optional lifestyle, the home is just 0.3 miles from Wake Forest Magnet Elementary and the Seminary, with the shops and dining of White Street only a half-mile stroll away. This property is an ideal match for those looking to build equity in a high-demand area, rental income investors, and value-add investors. The National Historic Register status allows for a State and Federal Tax Credit on rehabilitation expenses for income-producing properties. This GR3 zoned lot is also primed for buyers seeking a high-end renovation endeavor or a two-story rebuild (Verify with HPC). This property offering is sold strictly AS-IS. An Inspection Report is available upon request. The Listing Agent is related to the Seller.

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Home facts

  • Year built:1940
  • Listing ID #:10148904
  • Added:51 day(s) ago
  • Updated:April 19, 2026 at 06:40 PM

Rooms and interior

  • Bedrooms:2
  • Total bathrooms:1
  • Full bathrooms:1
  • Rooms Total:8
  • Flooring:Hardwood, Vinyl
  • Bathrooms Description:Walk-In Shower
  • Kitchen Description:Free-Standing Electric Range, Gas Water Heater
  • Bedroom Description:Master Downstairs

Heating and cooling

  • Cooling:Electric, Gas
  • Heating:Electric, Forced Air, Gas Pack, Natural Gas

Structure and exterior

  • Roof:Asphalt, Shingle
  • Year built:1940
  • Lot Features:Back Yard, Front Yard, Landscaped
  • Architectural Style:Cottage
  • Construction Materials:Cement Siding
  • Exterior Features:Deck, Private Yard, Rain Gutters
  • Levels:One

Schools

  • High school:Wake - Wake Forest
  • Middle school:Wake - Wake Forest
  • Elementary school:Wake - Wake Forest

Utilities

  • Water:Public, Water Connected
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$175,000
  • Tax amount:$1,757

Features and amenities

  • Appliances:Free-Standing Electric Range, Gas Water Heater
  • Amenities:Gas Water Heater, Laminate Counters

Parking

  • Parking description:On Site
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