Wake Forest Investment
425 Pearce Avenue, Wake Forest, NC 27587
- Added:
- Jan 21, 2026
- Days on Market:
- 118
- Last Refresh:
- May 19 at 10:06 am
Property Features for 425 Pearce Avenue
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- UR
- Bedrooms
- 6
- Bathrooms
- 4
- Rooms
- Bedroom 3, Bedroom 5, Bathroom 2, Bedroom 6, Bedroom 1, Bedroom 4, Bathroom 1, Bedroom 2, Bathroom 3, Bathroom 4
- Parking features
- Driveway, Open
- Patio and Porch features
- Patio, Porch
- Interior features
- Open Floorplan
- Appliances
- Dishwasher, Electric Range
- Standard status
- Pending
- APN
- 184119614694000 0325145
- Size
- 2,721 SF
- Lot size
- 0.91 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Description
- Lo3 Todd Fields & Joe Seigler Bm2001-00333
- Tax Annual Amount
- 4146
Utilities
- Sewer type
- Public Sewer
- Heating system
- Heat Pump (Heating)
- Cooling system
- Heat Pump
- Water source
- Public
Building Details
- Year built
- 2003
- Floors in Building
- 2
- Number of units
- 2
- Flooring type
- Carpet, Linoleum, Vinyl
- Building materials
- Vinyl Siding
- Roof type
- Shingle
Listing agent Melissa Gordon (919) 614-6878
Listing office Coldwell Banker Advantage 6020 Creedmoor Road, Raleigh, NC (919) 847-2222
Listing date Jan 21, 2026
MLS# 10142426
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
- Exceptional investment opportunity: Two fully rented duplexes in downtown Wake Forest, generating immediate income.
- Zoned UR: Presents future expansion or redevelopment potential.
- Prime location: Close to dining, shopping, and local amenities.
- Spacious units: Each duplex features 3‑bedroom, 2‑full‑bath units with two bedrooms on the main level.
- Large lot: Situated on a nearly 1 acre lot, providing rare space and flexibility in a downtown setting.
- Recent Updates: One unit has been recently updated with new flooring, cabinets, counter tops, appliances and paint.
Overview
This property, sold together with another parcel, presents an exceptional investment opportunity in downtown Wake Forest. The offering includes a fully rented duplex located a couple of blocks from the town center. Zoned UR, the property has future expansion or redevelopment potential while generating immediate income. The duplex is situated on a nearly 1 acre lot and features spacious 3-bedroom, 2-full-bath units, thoughtfully designed with two bedrooms on the main level. One unit in this building has recently been updated with new flooring, cabinets, counter tops, appliances and paint. The lot has access to Pearce Avenue and currently shares a driveway with the neighboring duplex. Its location is close to dining, shopping, and local amenities. The property provides rare space and flexibility in a downtown setting.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Precision Window Cleaning ...
General Contractor
Location Insight
- Map
- Local Demand
- City
- Wake Forest
- County
- Wake
- State
- North Carolina
- Longitude
- -78.504853
- Latitude
- 35.979013
Nearby Similar for Sale
FAQs
What type of property is this?
Commercial land - Two fully rented duplexes near downtown Wake Forest.
Where is this commercial land located?
The property is located at 425 Pearce Avenue Wake Forest, NC.
What is the asking price?
The asking price for this property is $495,000.
What are key features of this property?
This property features: Exceptional investment opportunity: Two fully rented duplexes in downtown Wake Forest, generating immediate income.; Zoned UR: Presents future expansion or redevelopment potential.; Prime location: Close to dining, shopping, and local amenities.
