417 Pearce Avenue
Wake Forest, NC 27587Sold together with MLS# 10142426 and this MLS# 10142424 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 generous 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
$465,000
6 bedrooms
4 full bathrooms
0.48 acres
2,631 square feet
$177 per square foot
- Exterior Features
- Interior Features
- Property Features
- Common Walls 1 Common Wall
- Construction Materials Vinyl Siding
- Lot Size Acres 0.48
- Parking Features Open, Shared Driveway
- Patio And Porch Features Deck
- Structure Type Duplex
- Above Grade Finished Area 2,631
- Appliances Dishwasher, Electric Range
- Cooling Central Air
- Cooling Y/N Yes
- Flooring Carpet, Linoleum
- Heating Heat Pump
- Heating Y/N Yes
- Interior Features Bathtub/Shower Combination, Open Floorplan
- Laundry Features Main Level
- Lot Features Back Yard
- Tax Annual Amount 3820.66
- Water Source Public
- Year Built 2006
Additional Property Information
- TypeDuplex
- Built2006
- NeighborhoodNot in a Subdivision
- CountyWake
- AreaWake Forest
- Elementary SchoolWake - Heritage
- Middle SchoolWake - Heritage
- High SchoolWake - Wake Forest
Listing courtesy of Coldwell Banker Advantage. © 2026 Triangle MLS, Inc. of North Carolina. All Rights Reserved. Information deemed reliable but not guaranteed.
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