425 Pearce Avenue, Wake Forest, NC 27587

Local realty services provided by:Better Homes and Gardens Real Estate Paracle
425 Pearce Avenue,Wake Forest, NC 27587
$495,000
  • 6 Beds
  • 4 Baths
  • 2,618 sq. ft.
  • Multi-family
  • Active
Listed by: melissa gordon, fred gordon
Office: coldwell banker advantage
MLS#:10142426
Source:RD

Price summary

  • Price:$495,000
  • Price per sq. ft.:$189.08

About this home

Sold together with 417 Pearce Ave MLS#'s 10142424 and this MLS# 10142426 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

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Home facts

  • Year built:2003
  • Listing ID #:10142426
  • Added:1 day(s) ago
  • Updated:January 22, 2026 at 06:20 PM

Rooms and interior

  • Bedrooms:6
  • Total bathrooms:4
  • Full bathrooms:4
  • Living area:2,618 sq. ft.

Heating and cooling

  • Cooling:Heat Pump
  • Heating:Heat Pump

Structure and exterior

  • Roof:Shingle
  • Year built:2003
  • Building area:2,618 sq. ft.
  • Lot area:0.91 Acres

Schools

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

Utilities

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

Finances and disclosures

  • Price:$495,000
  • Price per sq. ft.:$189.08
  • Tax amount:$4,145
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