Advertise
    Wake Forest, NC
    Multifamily

    Wake Forest, NC Multifamily Properties for Sale

    Notify Me
    List
    Map
    Raleigh, NC Youngsville, NC Rolesville, NC Franklinton, NC Louisburg, NC Zebulon, NC Creedmoor, NC Knightdale, NC
    Three-Level Duplex Residence
    Updated: Apr 11
    Three-Level Duplex Residence

    411 W Oak Avenue, Wake Forest, NC 27587

    $260,000
    1,559 sqft 0.03 AC lot
    2‑bedroom, 2.5‑bath home built in 1986 with living space just under 1,600 sq ft
    Three‑level layout with separation/privacy, including basement level with a private bedroom, full bath, and dedicated office
    Wood‑burning fireplace in the main living area plus forced air heating
    Appliances include electric cooktop and oven, microwave, refrigerator, and washer/dryer
    Back deck and porch, with balcony and rain gutters
    View details

    This listing looks promising.

    Here's a quick look at some key insights for

    411 W Oak Avenue, Wake Forest, NC 27587

    View Property Analytics

    • Est. Cap Rate

      6.9%
      Above avg (5.9%)

    • Est. NOI

      $18K
      Annual

    • Price @ 7% Cap

      $257K
      Suggested

    • Property Type

      Townhouse
      Built 1986
    View Property Analytics
    Multi-Family Redevelopment Opportunity
    Updated: Jan 21
    Multi-Family Redevelopment Opportunity

    417 Pearce Avenue, Wake Forest, NC 27587

    $465,000
    2,750 sqft 0.48 AC lot
    2006‑built duplex with central air and heat pump HVAC, plus open floorplan living spaces
    Kitchen includes dishwasher and electric range; flooring includes linoleum and carpet
    All utilities: public water and public sewer
    Exterior features vinyl siding and a shingle roof
    Driveway parking with deck/patio area
    View details
    3-Bed Duplex with Tenant Income
    3-Bed Duplex with Tenant Income

    425 Pearce Avenue, Wake Forest, NC 27587

    $495,000
    2,721 sqft 0.91 AC lot

    Two fully leased duplex units with refreshed interiors offer residential income on a parcel with Pearce Avenue access.

    View details
    Based on your search, we've compiled 50 Potential Opportunities for your consideration. Besides 3 Active listings in Wake Forest, NC, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 39 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    5-Unit Townhome Building
    5-Unit Townhome Building

    621 Marshskip Way, Rolesville, NC 27571

    $1,785,000
    1,827 sqft 0.04 AC lot

    Five townhome units with private patios and modern finishes near Publix and retail in Rolesville.

    View details
    Recently Updated Duplex Income Property
    Recently Updated Duplex Income Property

    8023 Perry Creek Road, Raleigh, NC 27616

    $250,000
    1,437 sqft 0.10 AC lot

    Duplex with recently updated interiors, granite countertops, and fenced back yards, with both units fully occupied.

    View details
    Updated Duplex Income Property
    Updated Duplex Income Property

    8025 Perry Creek Road, Raleigh, NC 27616

    $250,000
    1,437 sqft 0.10 AC lot

    Recently updated duplex is fully occupied with 3 bed, 3 bath units and interior finishes including granite countertops.

    View details
    Bundled Townhome Portfolio for Sale
    Bundled Townhome Portfolio for Sale

    3712 Mineral Mill, Raleigh, NC 27616

    $5,750,000
    28,224 sqft

    Bundled three-bedroom townhomes with decks and one-car garages offered as a single purchase.

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Cleared Land with RV Hookups
    Cleared Land with RV Hookups

    124 Kansas Drive, Louisburg, NC 27549

    $75,500
    0.33 AC lot

    Three combined lots offer cleared space for RV use or a future cottage, with an approved 2-bedroom septic permit.

    View details
    Henderson Land Near Kerr Lake
    Henderson Land Near Kerr Lake

    Island Creek Estates Road, Henderson, NC 27537

    Contact for pricing
    2.06 AC lot

    2.06-acre parcel near Kerr Lake, ready for your vision.

    View details
    Roxboro Land with Owner Financing
    Roxboro Land with Owner Financing

    Northwood Court lot: 11-18, Roxboro, NC 27574

    $79,900
    8.76 AC lot

    8.84 acres near Roxboro, suitable for homesites and investment.

    View details
    Residential Lot in Lake Gaston
    Residential Lot in Lake Gaston

    166 Mariner Court lot: 166, Macon, NC 27551

    Contact for pricing
    0.50 AC lot

    Half-acre residential lot with community Lake Gaston access.

    View details

    Off-Market Properties in Wake Forest, NC

    Consider similar Off-Market properties in Wake Forest, NC. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    612 Ridgetop Way
    GARDEN APT, COURT APT (5+ UNITS)

    612 Ridgetop Way, Wake Forest, NC 27587-5520

    $1,085,000
    Estimated value
    11,768 sqft 11.99 AC lot
    View details
    531 Granite Grv Loop
    GARDEN APT, COURT APT (5+ UNITS)

    531 Granite Grv Loop, Wake Forest, NC 27587-3770

    $3,315,000
    Estimated value
    34,419 sqft 14.03 AC lot
    View details
    1000 Wait Ave
    GARDEN APT, COURT APT (5+ UNITS)

    1000 Wait Ave, Wake Forest, NC 27587-7677

    $6,695,000
    Estimated value
    4,656 sqft 4.67 AC lot
    View details
    11050 Ligon Ml Rd
    GARDEN APT, COURT APT (5+ UNITS)

    11050 Ligon Ml Rd, Wake Forest, NC 27587-3327

    $1,840,000
    Estimated value
    25,920 sqft 1.60 AC lot
    View details
    3229 Quarry Rd
    MOBILE HOME PARK, TRAILER PARK

    3229 Quarry Rd, Wake Forest, NC 27587-6930

    Value Estimation by Request
    540 sqft 0.51 AC lot
    View details
    13005 Bold Run Hl Rd
    MOBILE HOME PARK, TRAILER PARK

    13005 Bold Run Hl Rd, Wake Forest, NC 27587-8001

    Value Estimation by Request
    6.10 AC lot
    View details
    1311 Gilcrest Farm Rd
    MOBILE HOME PARK, TRAILER PARK

    1311 Gilcrest Farm Rd, Wake Forest, NC 27587-7002

    Value Estimation by Request
    5.60 AC lot
    View details
    331 Franklin St
    GARDEN APT, COURT APT (5+ UNITS)

    331 Franklin St, Wake Forest, NC 27587-2659

    $4,165,000
    Estimated value
    10,890 sqft 3.50 AC lot
    View details
    1423 Deerfield Xing Dr
    MOBILE HOME PARK, TRAILER PARK

    1423 Deerfield Xing Dr, Wake Forest, NC 27587

    $4,695,000
    Estimated value
    36.00 AC lot
    View details
    817 Stadium Dr
    GARDEN APT, COURT APT (5+ UNITS)

    817 Stadium Dr, Wake Forest, NC 27587-8752

    $20,515,000
    Estimated value
    5,964 sqft 11.04 AC lot
    View details
    219 Ws Ave
    GARDEN APT, COURT APT (5+ UNITS)

    219 Ws Ave, Wake Forest, NC 27587-2541

    $1,010,000
    Estimated value
    6,169 sqft 0.21 AC lot
    View details
    1801 Capital Crk Dr
    GARDEN APT, COURT APT (5+ UNITS)

    1801 Capital Crk Dr, Wake Forest, NC 27587-4524

    Value Estimation by Request
    38,372 sqft 14.95 AC lot
    View details
    343 Oak Ave
    GARDEN APT, COURT APT (5+ UNITS)

    343 Oak Ave, Wake Forest, NC 27587-2174

    $3,475,000
    Estimated value
    3,072 sqft 1.36 AC lot
    View details
    1710 Alexander Spgs Ln
    GARDEN APT, COURT APT (5+ UNITS)

    1710 Alexander Spgs Ln, Wake Forest, NC 27587-3992

    $30,010,000
    Estimated value
    20,700 sqft 17.33 AC lot
    View details
    510 Coastal Cres
    GARDEN APT, COURT APT (5+ UNITS)

    510 Coastal Cres, Wake Forest, NC 27587-3110

    $2,005,000
    Estimated value
    21,219 sqft 19.06 AC lot
    View details
    608 Main St
    BOARDING/ROOMING HOUSE

    608 Main St, Wake Forest, NC 27587-2805

    Value Estimation by Request
    5,508 sqft 0.69 AC lot
    View details
    441 Stone Monument Dr
    GARDEN APT, COURT APT (5+ UNITS)

    441 Stone Monument Dr, Wake Forest, NC 27587-3340

    $2,545,000
    Estimated value
    35,292 sqft 3.21 AC lot
    View details
    102 Margie Cir, Unit 115
    MOBILE HOME PARK, TRAILER PARK

    102 Margie Cir, Wake Forest, NC 27587-6106

    Unit 115
    Value Estimation by Request
    4.90 AC lot
    View details
    811 Brewer Ave
    GARDEN APT, COURT APT (5+ UNITS)

    811 Brewer Ave, Wake Forest, NC 27587-2271

    $6,610,000
    Estimated value
    6,400 sqft 0.09 AC lot
    View details
    1208 Bradford Park Rd
    GARDEN APT, COURT APT (5+ UNITS)

    1208 Bradford Park Rd, Wake Forest, NC 27587-1761

    $4,265,000
    Estimated value
    55,980 sqft 26.68 AC lot
    View details
    701 Richland Crk Ln
    GARDEN APT, COURT APT (5+ UNITS)

    701 Richland Crk Ln, Wake Forest, NC 27587-4594

    $2,235,000
    Estimated value
    23,100 sqft 30.45 AC lot
    View details

    Wake Forest, NC Multifamily Properties Market Trends and Statistics

    Explore 42 multifamily properties for sale in Wake Forest, NC, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 7,030 square feet of properties for sale, with an estimated market value of $1,220,000.

    Sale prices for multifamily properties in Wake Forest, NC start at $260,000, averaging $406,666, and reaching up to $495,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

    List
    Map

    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Duplexes 3

    Demographics Overview

    Population 82K
    Population Growth (5Y) +23.0%
    Median Household Income $125,607
    College Educated 39.2%

    High-Yield Neighborhoods for Investment

    Identify Wake Forest submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    27587 $1.2M

    Taxes & Financing

    Tax Rate (average for all types) 1.05%
    Property Tax per SF $9.36 per SF
    Tax Rate vs County Average 0.04 pp above county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Wake County

    New Delisted

    Total CRE Inventory on Market (SF)

    Average Property Price per SF

    For-sale pricing trends across core commercial property types in Wake County

    Residential Income

    Need Help?

    Reach out if you need assistance with Realmo tools or have questions about your listings

    Contact Us

    Browse Multifamily properties for Sale Near Wake Forest, NC

    Popular Searches in Wake Forest, NC

    Popular Categories

    Most Searched ZIP Codes in Wake Forest, NC

    • 27587

    Select Neighborhood

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!