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12329 Old Falls Of Neuse Road Wake Forest, NC 27587

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For Sale
$925,000

MULTI_FAMILY - Wake Forest, NC

Type:Single Family Residence
Property size:
1,200 SF
Lot size:
1.01 Acres
Added:
Nov 16, 2025
Days on Market:
135
Last Refresh:
Mar 31 at 7:06 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
Bathroom 2, Bedroom 1, Bedroom 3, Bedroom 2, Bathroom 1
Parking features
Carport
Standard status
Active
APN
182004605922000 0064607
Size
1,200 SF
Lot size
1.01 Acres

Taxes and HOA fees

TaxYear
2025
TaxDescription
Mangum Ld
TaxAnnualAmount
1453

Utilities

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

Building Details

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

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Listing Contact
Alice Ray
Alice Ray

Listing agent Alice Ray

Listing office RE/MAX Legacy 147 S White Street, Wake Forest, NC

Listing date Nov 16, 2025

MLS# 10133407

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.


Overview

Wake Forest Multifamily Investment Opportunity

This listing presents an opportunity to acquire four properties, including two lots with ranch homes, one lot with a mobile home, and a vacant lot. The properties are located in Wake Forest, Wake County, and are subject to Wake County taxes. The two homes and the mobile home are currently rented on a month-to-month lease basis. One of the properties is situated across from Wakefield High School on Old Falls of Neuse Rd. 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 listed is for only one of the properties, and the property size of 1200 square feet is for one house only. Storage buildings are located on the lots. 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 properties for sale, including homes and vacant lots.
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 properties included: two ranch homes, one mobile home, and one vacant lot.; Located in Wake County with low taxes.; Existing rental income from the two homes and mobile home (month‑to‑month leases).
More about this property
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