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    Wendell, NC
    Residential Income

    Wendell, NC Residential Income Properties for Sale

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    Knightdale, NC Zebulon, NC Bailey, NC Clayton, NC Middlesex, NC Raleigh, NC Wake Forest, NC Youngsville, NC
    Renovated Mixed-Use Downtown Property
    Updated: Mar 6
    Renovated Mixed-Use Downtown Property

    242 W Academy Street, Wendell, NC 27591

    $895,000
    3,632 sqft 0.45 AC lot
    Fronts 3 separate roads in Downtown Wendell: Wendell Blvd, Marshburn Rd, and Academy St
    Multiple addresses/buildings: 242 W Academy and 3169 Wendell Blvd, each with separate power and utilities
    2000 SF fully renovated historic home (VRBO): separate listing and has produced about $45k/year in rent over 8 years
    Zoned residential and can be converted to commercial (per remarks)
    Second building is a fully renovated office/retail single‑tenant space at 1,632 SF with separate rent of about $25k/year
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    This listing looks promising.

    Here's a quick look at some key insights for

    242 W Academy Street, Wendell, NC 27591

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    • Est. Cap Rate

      6.2%
      Above avg (5.9%)

    • Est. NOI

      $56K
      Annual

    • Price @ 7% Cap

      $796K
      Suggested

    • Property Type

      Single Family Residence
      Built 1915
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    Residential Development Land with Dwellings
    Updated: Nov 30, 2025
    Residential Development Land with Dwellings

    913 Edgemont Road, Wendell, NC 27591

    $1,800,000
    7.80 AC lot
    Utilities: natural gas available
    Property includes 2 parcels (PIN# and details not provided)
    Water and sewer not directly on the property, but close by and available
    Currently has 2 dwellings on the property that may or may not be rented
    Possible zoning for Activity Center 2 (uses may include grocery, pharmacies, retail, restaurants, gyms, personal services, and office)
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    Development Land with Road Easement
    Development Land with Road Easement

    6012 Watermelon Drive, Wendell, NC 27591

    $2,000,000
    22.32 AC lot

    Residential Agriculture land in Wake County ETJ with a 60' private road easement and an existing manufactured home.

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    Based on your search, we've compiled 28 Potential Opportunities for your consideration. Besides 3 Active listings in Wendell, NC, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 17 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.

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    End-Unit Townhome Investment
    End-Unit Townhome Investment

    5344 Big Bass Drive, Raleigh, NC 27610

    $270,000
    1,624 sqft 0.05 AC lot

    Leased end-unit townhome with three bedrooms, private patio, and an attached two-car garage, providing rental income through March 2027.

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    Three-House Residential Income Parcel
    Three-House Residential Income Parcel

    8508 Buffaloe Road, Knightdale, NC 27545

    $379,900
    3,152 sqft 2.23 AC lot

    Three houses on one RT-zoned parcel offered as-is, including one livable home and two others needing work.

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    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.

    Wendell Land For Sale
    Wendell Land For Sale

    1205 Wendell Falls Parkway, Wendell, NC 27591

    $3,995,000
    14.17 AC lot

    14.17 acre corner lot in growing Wendell area.

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    Wendell Land Development Opportunity
    Wendell Land Development Opportunity

    Martin Pond Road, Wendell, NC 27591

    $3,000,000
    24.15 AC lot

    24.15 acres of land in rapidly expanding Wendell submarket.

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    Wendell, NC Land Opportunity
    Wendell, NC Land Opportunity

    1127 Edgemont Road, Wendell, NC 27591

    $1,040,000
    13.00 AC lot

    13-acre parcel in a rapidly growing area.

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    Wendell, NC Corner Lot
    Wendell, NC Corner Lot

    6845 Latigo Lane, Wendell, NC 27591

    $159,900
    1.28 AC lot

    Corner lot near Wendell Falls, no HOA, city taxes, water bill.

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    Off-Market Properties in Wendell, NC

    Consider similar Off-Market properties in Wendell, 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.

    2001 Oak Breeze Ln
    MOBILE HOME PARK, TRAILER PARK

    2001 Oak Breeze Ln, Wendell, NC 27591-7212

    Value Estimation by Request
    20.00 AC lot
    View details
    2081 Wendell Blvd
    MOBILE HOME PARK, TRAILER PARK

    2081 Wendell Blvd, Wendell, NC 27591

    $1,355,000
    Estimated value
    10.00 AC lot
    View details
    701 Marshburn Rd
    GARDEN APT, COURT APT (5+ UNITS)

    701 Marshburn Rd, Wendell, NC 27591-8328

    $5,620,000
    Estimated value
    2,425 sqft 5.38 AC lot
    View details
    2703 Spamoca Dr
    MOBILE HOME PARK, TRAILER PARK

    2703 Spamoca Dr, Wendell, NC 27591-7030

    Value Estimation by Request
    4.80 AC lot
    View details
    2812 Hollis House Ln
    MOBILE HOME PARK, TRAILER PARK

    2812 Hollis House Ln, Wendell, NC 27591

    Value Estimation by Request
    5.40 AC lot
    View details
    105 Alexander Pl Way
    GARDEN APT, COURT APT (5+ UNITS)

    105 Alexander Pl Way, Wendell, NC 27591-6317

    $510,000
    Estimated value
    5,642 sqft 5.51 AC lot
    View details
    421 3rd St
    MOBILE HOME PARK, TRAILER PARK

    421 3rd St, Wendell, NC 27591

    Value Estimation by Request
    1.03 AC lot
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    1505 Vis Dr
    GARDEN APT, COURT APT (5+ UNITS)

    1505 Vis Dr, Wendell, NC 27591-7266

    Value Estimation by Request
    4,777 sqft 2.15 AC lot
    View details
    1001 Morphus Brg Rd
    MOBILE HOME PARK, TRAILER PARK

    1001 Morphus Brg Rd, Wendell, NC 27591-8371

    Value Estimation by Request
    1,972 sqft 4.56 AC lot
    View details
    229 Pne St
    GARDEN APT, COURT APT (5+ UNITS)

    229 Pne St, Wendell, NC 27591-7927

    Value Estimation by Request
    4,896 sqft 0.86 AC lot
    View details
    2229 Davistown Rd
    MOBILE HOME PARK, TRAILER PARK

    2229 Davistown Rd, Wendell, NC 27591

    Value Estimation by Request
    17.60 AC lot
    View details
    512 Eagle Rock Rd
    Multifamily properties

    512 Eagle Rock Rd, Wendell, NC 27591

    Value Estimation by Request
    49.30 AC lot
    View details
    3169 Wendell Blvd
    Multifamily properties

    3169 Wendell Blvd, Wendell, NC 27591

    Value Estimation by Request
    2,031 sqft 0.49 AC lot
    View details
    Rosaline Way
    Multifamily properties

    0 Rosaline Way, Wendell, NC 27591

    Value Estimation by Request
    21.33 AC lot
    View details
    503 Cook St
    GARDEN APT, COURT APT (5+ UNITS)

    503 Cook St, Wendell, NC 27591-7691

    Value Estimation by Request
    3,638 sqft 0.29 AC lot
    View details
    501 Cook St
    GARDEN APT, COURT APT (5+ UNITS)

    501 Cook St, Wendell, NC 27591

    Value Estimation by Request
    2,840 sqft 0.63 AC lot
    View details
    100 Cedarfield Ct
    GARDEN APT, COURT APT (5+ UNITS)

    100 Cedarfield Ct, Wendell, NC 27591-8913

    Value Estimation by Request
    3,550 sqft 3.81 AC lot
    View details

    Wendell, NC Residential Income Properties Market Trends and Statistics

    Explore 20 residential income properties for sale in Wendell, NC, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 3,632 square feet of properties for sale, with an estimated market value of $895,000.

    Sale prices for residential income properties in Wendell, NC start at $895,000, averaging $895,000, and reaching up to $895,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Multifamily properties 2
    Short term rental properties 2
    Single family properties 2

    Demographics Overview

    Population 27K
    Population Growth (5Y) +26.8%
    Median Household Income $76,710
    College Educated 40.9%

    High-Yield Neighborhoods for Investment

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

    Neighborhood Average Price
    27591 $707.5K

    Taxes & Financing

    Tax Rate (average for all types) 0.99%
    Property Tax per SF $16.40 per SF
    Tax Rate vs County Average 0.01 pp below 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

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