425 Pearce Avenue, Wake Forest, NC 27587

Wake Forest
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
Office: coldwell banker advantage
MLS#:10142426
Source:RD

Price summary

  • Price:$495,000
  • Price per sq. ft.:$181.92

About this home

Downtown Wake Forest Investment and/or Redevelopment Opportunity Offered in conjunction with 417 Pearce Avenue (MLS# 10142424) 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 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...

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Home facts

  • Year built:2003
  • Subdivision & Development:Not in a Subdivision
  • Listing ID #:10142426
  • Added:196 day(s) ago
  • Updated:August 06, 2026 at 02:47 PM

Rooms and interior

  • Bedrooms:6
  • Total bathrooms:4
  • Full bathrooms:4
  • Flooring:Carpet, Hardwood, Linoleum, Vinyl, Wood
  • Kitchen Description:Dishwasher, Electric Range, Free-Standing Electric Range, Range
  • Living area:2,721 sq. ft.

Heating and cooling

  • Cooling:Central Air, Heat Pump
  • Heating:Heat Pump
  • Central air:Yes

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

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$495,000
  • Price per sq. ft.:$181.92
  • Tax amount:$4,146

Features and amenities

  • Laundry features:Main Level

Parking

  • Parking description:Driveway
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