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
- 2,721 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.:$181.92
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 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.
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Home facts
- Year built:2003
- Listing ID #:10142426
- Added:46 day(s) ago
- Updated:February 10, 2026 at 04:59 PM
Rooms and interior
- Bedrooms:6
- Total bathrooms:4
- Full bathrooms:4
- Flooring:Carpet, Linoleum, Vinyl
- Kitchen Description:Dishwasher, Electric Range
- Living area:2,721 sq. ft.
Heating and cooling
- Cooling:Heat Pump
- Heating:Heat Pump
Structure and exterior
- Roof:Shingle
- Year built:2003
- Building area:2,721 sq. ft.
- Lot area:0.91 Acres
- Construction Materials:Vinyl Siding
- Exterior Features:Patio, Porch
- Foundation Description:Slab
- Levels:One and One Half
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.:$181.92
- Tax amount:$4,145
Features and amenities
- Appliances:Dishwasher, Electric Range
- Laundry features:Main Level
- Amenities:Open Floorplan
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