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    Wake Forest, NC Multifamily Properties for Sale

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    Raleigh, NC Youngsville, NC Rolesville, NC
    Wake Forest Multifamily Investment Opportunity
    $925,000
    1,200 SF
    Wake Forest Multifamily Investment Opportunity

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

    Four lots with homes and mobile home near Wakefield High.
    • 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.
    Updated: Nov 16, 2025
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    Wake Forest Duplex Investment Opportunity
    $465,000
    2,750 SF
    Wake Forest Duplex Investment Opportunity

    417 Pearce Avenue, Wake Forest, NC 27587

    Two fully rented duplexes near downtown Wake Forest.
    • Exceptional investment opportunity: Two fully rented duplexes in downtown Wake Forest, generating immediate income.
    • Prime location: Just a couple of blocks from the vibrant town center, close to dining, shopping, and local amenities.
    • Redevelopment potential: Zoned UR, offering future expansion or redevelopment possibilities.
    • Spacious units: Each duplex features 3‑bedroom, 2‑full‑bath units with two bedrooms on the main level.
    • Generous lot size: Situated on a 1/2 acre lot, providing rare space and flexibility in a downtown setting.
    Updated: Jan 21
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    Wake Forest Development Opportunity
    $1,500,000
    23,438 SF
    Wake Forest Development Opportunity

    2.75 acres with approved site plan for 31 apartments.

    306 S Allen Road, Wake Forest, NC 27587

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    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.

    Updated Duplex in Raleigh
    $500,000
    1,437 SF
    Updated Duplex in Raleigh

    Recently updated, fully occupied duplex with fenced backyard.

    8025 Perry Creek Road, Raleigh, NC 27616

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    Updated Duplex in Raleigh
    $500,000
    1,437 SF
    Updated Duplex in Raleigh

    Recently updated, fully occupied duplex in Raleigh, North Carolina.

    8023 Perry Creek Road, Raleigh, NC 27616

    View details
    New Townhome Residences Portfolio
    $5,850,000
    28,224 SF
    New Townhome Residences Portfolio

    Portfolio of new construction townhomes in Raleigh, North Carolina.

    3712 Mineral Mill, Raleigh, NC 27616

    View details
    New Townhome in Raleigh
    Contact for pricing
    1,805 SF
    New Townhome in Raleigh

    New construction townhome with modern features and community amenities.

    2934 Hickory Field Drive, Raleigh, NC 27616

    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.

    Spacious Lot in Growing Franklinton
    $70,000
    0.74 Acres
    Spacious Lot in Growing Franklinton

    0.74-acre lot, site-built or manufactured homes allowed, no HOA.

    Carver Street, Franklinton, NC 27525

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    Fuquay Varina Mobile Home Park
    $699,000
    1.95 Acres
    Fuquay Varina Mobile Home Park

    Income-producing mobile home park on 1.95 acres near Wake Tech.

    9645 Eden Trail, Fuquay Varina, NC 27526

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    Income-Producing Rentals on 1.52 Acres
    $225,000
    1.52 Acres
    Income-Producing Rentals on 1.52 Acres

    Two income-producing rentals on 1.52 acres near Wake Tech.

    9704 Eden Trail, Fuquay Varina, NC 27526

    View details
    Henderson Land Near Kerr Lake
    Contact for pricing
    2.06 Acres
    Henderson Land Near Kerr Lake

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

    Island Creek Estates Road, Henderson, NC 27537

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    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)
    11,768 SF Lot: 11.99 Acres
    Estimated value
    $1,085,000

    612 Ridgetop Way, Wake Forest, NC 27587-5520

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    531 Granite Grv Loop
    GARDEN APT, COURT APT (5+ UNITS)
    34,419 SF Lot: 14.03 Acres
    Estimated value
    $3,315,000

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

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    1000 Wait Ave
    GARDEN APT, COURT APT (5+ UNITS)
    4,656 SF Lot: 4.67 Acres
    Estimated value
    $6,695,000

    1000 Wait Ave, Wake Forest, NC 27587-7677

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    11050 Ligon Ml Rd
    GARDEN APT, COURT APT (5+ UNITS)
    25,920 SF Lot: 1.60 Acres
    Estimated value
    $1,840,000

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

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    3229 Quarry Rd
    MOBILE HOME PARK, TRAILER PARK
    540 SF Lot: 0.51 Acres
    Value Estimation by Request

    3229 Quarry Rd, Wake Forest, NC 27587-6930

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    13005 Bold Run Hl Rd
    MOBILE HOME PARK, TRAILER PARK
    Lot: 6.10 Acres
    Value Estimation by Request

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

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    1311 Gilcrest Farm Rd
    MOBILE HOME PARK, TRAILER PARK
    Lot: 5.60 Acres
    Value Estimation by Request

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

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    331 Franklin St
    GARDEN APT, COURT APT (5+ UNITS)
    10,890 SF Lot: 3.50 Acres
    Estimated value
    $4,165,000

    331 Franklin St, Wake Forest, NC 27587-2659

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    1423 Deerfield Xing Dr
    MOBILE HOME PARK, TRAILER PARK
    Lot: 36.00 Acres
    Estimated value
    $4,695,000

    1423 Deerfield Xing Dr, Wake Forest, NC 27587

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    817 Stadium Dr
    GARDEN APT, COURT APT (5+ UNITS)
    5,964 SF Lot: 11.04 Acres
    Estimated value
    $20,515,000

    817 Stadium Dr, Wake Forest, NC 27587-8752

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    219 Ws Ave
    GARDEN APT, COURT APT (5+ UNITS)
    6,169 SF Lot: 0.21 Acres
    Estimated value
    $1,010,000

    219 Ws Ave, Wake Forest, NC 27587-2541

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    1801 Capital Crk Dr
    GARDEN APT, COURT APT (5+ UNITS)
    38,372 SF Lot: 14.95 Acres
    Estimated value
    $59,500,000

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

    View details
    343 Oak Ave
    GARDEN APT, COURT APT (5+ UNITS)
    3,072 SF Lot: 1.36 Acres
    Estimated value
    $3,475,000

    343 Oak Ave, Wake Forest, NC 27587-2174

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    1710 Alexander Spgs Ln
    GARDEN APT, COURT APT (5+ UNITS)
    20,700 SF Lot: 17.33 Acres
    Estimated value
    $30,010,000

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

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    510 Coastal Cres
    GARDEN APT, COURT APT (5+ UNITS)
    21,219 SF Lot: 19.06 Acres
    Estimated value
    $2,005,000

    510 Coastal Cres, Wake Forest, NC 27587-3110

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    608 Main St
    BOARDING/ROOMING HOUSE
    5,508 SF Lot: 0.69 Acres
    Value Estimation by Request

    608 Main St, Wake Forest, NC 27587-2805

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    441 Stone Monument Dr
    GARDEN APT, COURT APT (5+ UNITS)
    35,292 SF Lot: 3.21 Acres
    Estimated value
    $2,545,000

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

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    102 Margie Cir, Unit 115
    MOBILE HOME PARK, TRAILER PARK
    Lot: 4.90 Acres
    Value Estimation by Request
    Unit 115

    102 Margie Cir, Wake Forest, NC 27587-6106

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    811 Brewer Ave
    GARDEN APT, COURT APT (5+ UNITS)
    6,400 SF Lot: 0.09 Acres
    Estimated value
    $6,610,000

    811 Brewer Ave, Wake Forest, NC 27587-2271

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    1208 Bradford Park Rd
    GARDEN APT, COURT APT (5+ UNITS)
    55,980 SF Lot: 26.68 Acres
    Estimated value
    $4,265,000

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

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    701 Richland Crk Ln
    GARDEN APT, COURT APT (5+ UNITS)
    23,100 SF Lot: 30.45 Acres
    Estimated value
    $2,235,000

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

    View details

    Wake Forest, NC Multifamily Properties Investment Opportunities Market Analysis

    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 27,388 square feet of properties for sale, with an estimated market value of $2,890,000.

    Sale prices for multifamily properties in Wake Forest, NC start at $465,000, averaging $963,333, and reaching up to $1,500,000 — 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

    Apartment buildings 1
    Duplexes 1
    Mobile home & RV parks 1

    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 median listing prices of real estate assets

    Neighborhood Average Price
    27587 $963.3K

    Taxes & Financing

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

    Listings Trend

    Total CRE Area on Market Trend

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