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    Wake Forest, NC Residential Income Properties for Sale

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    Raleigh, NC Youngsville, NC Rolesville, NC
    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 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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    Unique Duplex in Wake Forest
    $274,900
    1,559 SF

    Unique Duplex in Wake Forest

    Two-bedroom duplex with modern updates and convenient location.

    411 W Oak Avenue, Wake Forest, NC 27587
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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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    Luxury Townhome Backing to Greenway
    $359,900
    1,820 SF

    Luxury Townhome Backing to Greenway

    End-unit townhome with greenway access in Wake Forest neighborhood.

    1328 Bessie Court, Wake Forest, NC 27587
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    Based on your search, we've compiled 56 Potential Opportunities for your consideration. Besides 5 Active listings in Wake Forest, NC, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 43 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.

    New Townhome Residences Portfolio
    $5,999,000
    28,224 SF

    New Townhome Residences Portfolio

    Portfolio of new construction townhomes in Raleigh, North Carolina.

    3712 Mineral Mill, Raleigh, NC 27616
    View details
    Spacious Townhome with Modern Amenities
    $371,990
    2,189 SF

    Spacious Townhome with Modern Amenities

    Four-bedroom, three-story townhome with community amenities near Raleigh.

    1327 Hazelnut Ridge Lane 179, Knightdale, NC 27545
    View details
    Move-in Ready Townhouse in 5401
    $345,000
    1,871 SF

    Move-in Ready Townhouse in 5401

    Three-story townhouse with modern finishes and community amenities.

    5436 Crescent Square Street, Raleigh, NC 27616
    View details
    Luxury Townhome in Forestville Village
    $399,900
    2,045 SF

    Luxury Townhome in Forestville Village

    Spacious 4-bed, 3.5-bath townhome with exceptional living space.

    530 Billingshurst Way, Knightdale, NC 27545
    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.

    Wake Forest Senior Housing Opportunity
    $1,350,000
    23,438 SF

    Wake Forest Senior Housing Opportunity

    2.74-acre site approved for 31 senior apartment units.

    306 S Allen Road, Wake Forest, NC 27587
    View details
    Wake Forest Investment Opportunity
    $495,000
    2,721 SF

    Wake Forest Investment Opportunity

    Two fully rented duplexes near downtown Wake Forest.

    425 Pearce Avenue, Wake Forest, NC 27587
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    Wake Forest Land Opportunity
    $79,990
    0.18 Acres

    Wake Forest Land Opportunity

    Residential lot available in downtown Wake Forest.

    685 N Allen Road, Wake Forest, NC 27587
    View details
    Wake Forest Acreage Assemblage
    $1,550,000
    20.54 Acres

    Wake Forest Acreage Assemblage

    20.54 acres near Wake Forest Historic District.

    Ralph Drive, Wake Forest, NC 27587
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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

    612 Ridgetop Way

    GARDEN APT, COURT APT (5+ UNITS) • 11,768 SF
    Value Estimation
    $1,085,000
    612 Ridgetop Way, Wake Forest, NC 27587-5520
    View details
    531 Granite Grv Loop

    531 Granite Grv Loop

    GARDEN APT, COURT APT (5+ UNITS) • 34,419 SF
    Value Estimation
    $3,315,000
    531 Granite Grv Loop, Wake Forest, NC 27587-3770
    View details
    1000 Wait Ave

    1000 Wait Ave

    GARDEN APT, COURT APT (5+ UNITS) • 4,656 SF
    Value Estimation
    $6,695,000
    1000 Wait Ave, Wake Forest, NC 27587-7677
    View details
    11050 Ligon Ml Rd

    11050 Ligon Ml Rd

    GARDEN APT, COURT APT (5+ UNITS) • 25,920 SF
    Value Estimation
    $1,840,000
    11050 Ligon Ml Rd, Wake Forest, NC 27587-3327
    View details
    3229 Quarry Rd

    3229 Quarry Rd

    MOBILE HOME PARK, TRAILER PARK • 540 SF
    Value Estimation by Request
    3229 Quarry Rd, Wake Forest, NC 27587-6930
    View details
    13005 Bold Run Hl Rd

    13005 Bold Run Hl Rd

    MOBILE HOME PARK, TRAILER PARK • 6.10 Acres
    Value Estimation by Request
    13005 Bold Run Hl Rd, Wake Forest, NC 27587-8001
    View details
    1311 Gilcrest Farm Rd

    1311 Gilcrest Farm Rd

    MOBILE HOME PARK, TRAILER PARK • 5.60 Acres
    Value Estimation by Request
    1311 Gilcrest Farm Rd, Wake Forest, NC 27587-7002
    View details
    331 Franklin St

    331 Franklin St

    GARDEN APT, COURT APT (5+ UNITS) • 10,890 SF
    Value Estimation
    $4,165,000
    331 Franklin St, Wake Forest, NC 27587-2659
    View details
    1423 Deerfield Xing Dr

    1423 Deerfield Xing Dr

    MOBILE HOME PARK, TRAILER PARK • 36.00 Acres
    Value Estimation
    $4,695,000
    1423 Deerfield Xing Dr, Wake Forest, NC 27587
    View details
    817 Stadium Dr

    817 Stadium Dr

    GARDEN APT, COURT APT (5+ UNITS) • 5,964 SF
    Value Estimation
    $20,515,000
    817 Stadium Dr, Wake Forest, NC 27587-8752
    View details
    219 Ws Ave

    219 Ws Ave

    GARDEN APT, COURT APT (5+ UNITS) • 6,169 SF
    Value Estimation
    $1,010,000
    219 Ws Ave, Wake Forest, NC 27587-2541
    View details
    1801 Capital Crk Dr

    1801 Capital Crk Dr

    GARDEN APT, COURT APT (5+ UNITS) • 38,372 SF
    Value Estimation by Request
    1801 Capital Crk Dr, Wake Forest, NC 27587-4524
    View details
    343 Oak Ave

    343 Oak Ave

    GARDEN APT, COURT APT (5+ UNITS) • 3,072 SF
    Value Estimation
    $3,475,000
    343 Oak Ave, Wake Forest, NC 27587-2174
    View details
    1710 Alexander Spgs Ln

    1710 Alexander Spgs Ln

    GARDEN APT, COURT APT (5+ UNITS) • 20,700 SF
    Value Estimation
    $30,010,000
    1710 Alexander Spgs Ln, Wake Forest, NC 27587-3992
    View details
    510 Coastal Cres

    510 Coastal Cres

    GARDEN APT, COURT APT (5+ UNITS) • 21,219 SF
    Value Estimation
    $2,005,000
    510 Coastal Cres, Wake Forest, NC 27587-3110
    View details
    608 Main St

    608 Main St

    BOARDING/ROOMING HOUSE • 5,508 SF
    Value Estimation by Request
    608 Main St, Wake Forest, NC 27587-2805
    View details
    441 Stone Monument Dr

    441 Stone Monument Dr

    GARDEN APT, COURT APT (5+ UNITS) • 35,292 SF
    Value Estimation
    $2,545,000
    441 Stone Monument Dr, Wake Forest, NC 27587-3340
    View details
    102 Margie Cir, Unit 115

    102 Margie Cir, Unit 115

    MOBILE HOME PARK, TRAILER PARK • 4.90 Acres
    Value Estimation by Request
    102 Margie Cir, Wake Forest, NC 27587-6106
    View details
    811 Brewer Ave

    811 Brewer Ave

    GARDEN APT, COURT APT (5+ UNITS) • 6,400 SF
    Value Estimation
    $6,610,000
    811 Brewer Ave, Wake Forest, NC 27587-2271
    View details

    Wake Forest, NC Residential Income Properties Investment Opportunities Market Analysis

    Explore 48 residential income properties for sale in Wake Forest, NC, showcased through 5 active listings on our real estate platform. These investment opportunities span a total of 30,767 square feet of properties for sale, with an estimated market value of $3,524,800.

    Sale prices for residential income properties in Wake Forest, NC start at $274,900, averaging $704,960, 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
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    Top Commercial Asset Segments

    Multifamily properties 3
    Single family properties 2
    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 Strategic 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 $705K

    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%

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