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    Wake Forest Multifamily Investment Opportunity Title is generated by Realmo AI

    12329 Old Falls Of Neuse Road, Wake Forest, NC 27587

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    Claim this Listing
    For Sale
    $925,000

    MULTI_FAMILY - Wake Forest, NC

    Type:Single Family Residence
    Property size:
    1,200 SF
    Lot size:
    1.01 Acres
    Price / SF:
    $770/SF
    Added:
    Nov 16, 2025
    Days on Market:
    186
    Last Refresh:
    May 21 at 2:06 pm

    Property Features for 12329 Old Falls Of Neuse Road

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Single Family Residence
    Bedrooms
    3
    Bathrooms
    2
    Rooms
    Bedroom 3, Bathroom 1, Bedroom 1, Bedroom 2, Bathroom 2
    Parking features
    Carport
    Standard status
    Active
    APN
    182004605922000 0064607
    Size
    1,200 SF
    Lot size
    1.01 Acres

    Taxes and HOA fees

    Tax Year
    2025
    Tax Description
    Mangum Ld
    Tax Annual Amount
    1453

    Utilities

    Sewer type
    Septic Tank
    Heating system
    Heat Pump (Heating)
    Cooling system
    Heat Pump, Central Air
    Water source
    Well

    Building Details

    Year built
    1958
    Floors in Building
    1
    Number of units
    4
    Flooring type
    Carpet, Vinyl, Hardwood
    Building materials
    Aluminum Siding, Brick Veneer, Vinyl Siding
    Roof type
    Shingle

    We can help!

    Listing Contact
    Alice Ray
    Alice Ray

    Listing agent Alice Ray License #53636

    Listing office RE/MAX Legacy 331 S White Street, Wake Forest, NC

    Listing date Nov 16, 2025

    MLS# 10133407 Listing URL

    Copyright © 2026 Doorify MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Four separate lots included in the sale.
    • Two ranch homes and one mobile home provide immediate rental income.
    • Located in Wake County with only county taxes.
    • Proximity to Wakefield High School.
    • Includes storage buildings on the lots.
    • Construction features durable brick veneer and aluminum/vinyl siding.

    Overview

    This offering comprises four separate lots, including two houses and a mobile home. The properties are currently rented on a month-to-month lease basis. One lot features a ranch-style home, while another includes a mobile home. Additionally, there is a vacant lot available. The properties are located in Wake Forest, subject to Wake County taxes. Storage buildings are present on the lots. The address provided corresponds to the home across from Wakefield High School on Old Falls of Neuse Road. The mobile home lot faces Old Falls of Neuse, with the address 12339. The vacant lot is located at 2005 River Hill Dr., and the other home is at 2013 River Hill Dr. The acreage specified is for only one of the properties, and the square footage of the house is 1200 square feet. The total lot size is 1.01 acres.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Single family properties

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Hair Salon Nail Salon Hotel & Motel

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Wake Forest
    County
    Wake
    State
    North Carolina
    Longitude
    -78.572477
    Latitude
    35.949873

    FAQs

    What type of property is this?
    Single family property - Four lots with homes and mobile home near Wakefield High.
    Where is this single family property located?
    The property is located at 12329 Old Falls Of Neuse Road Wake Forest, NC.
    What is the asking price?
    The asking price for this property is $925,000.
    What are key features of this property?
    This property features: Four separate lots included in the sale.; Two ranch homes and one mobile home provide immediate rental income.; Located in Wake County with only county taxes.
    More about this property
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