Single-Family

Wake Forest, NC Single Family Properties for Sale

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Leased Single-Family Income Home
Updated: Jul 6
Leased Single-Family Income Home

421 Pearce Avenue, Wake Forest, NC 27587

$175,000
1,482 sqft 0.28 AC lot
Investment package offered with 425 Pearce Ave (MLS# 10142426) and 417 Pearce Ave (MLS# 10142424) for a combined $1,135,000 purchase price
Three parcels totaling approx. 1.67 acres: two fully leased duplexes and one tenant‑occupied single‑family home for immediate rental income
Single‑family home fronts Pearce Avenue and is currently leased; sold AS‑IS
Zoned UR (Urban Residential), supporting redevelopment and expansion potential for the combined parcels
Built in 1901 with vinyl siding and a metal roof
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Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 Active listings in Wake Forest, NC, we suggest exploring several alternatives: 4 properties in Nearby Cities

Opportunities in Nearby Cities

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

Townhouse Duo with Private Fenced Yard
Townhouse Duo with Private Fenced Yard

8031 Perry Creek Road, Raleigh, NC 27616

$245,000
1,428 sqft 0.10 AC lot

Fully occupied townhouse duo on a private fenced yard with no HOA or yearly assessment fees.

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Lake Community Double Lot with Tiny Home
Lake Community Double Lot with Tiny Home

111-113 Red Oak Drive, Louisburg, NC 27549

$199,900
0.28 AC lot

Gated lake community double lot featuring a turnkey tiny home and climate-controlled storage shed with septic system.

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Raleigh, NC
Raleigh, NC

1716 Brassfield Road, Raleigh NC 27614, Raleigh, NC 27614

$4,000,000
15.79 AC lot

Residential land & home lots · 15.79 Acres

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Land, Louisburg, NC
Land, Louisburg, NC

105 Mustang Drive, Louisburg, NC 27549

$125,000
0.14 AC lot

Single family properties · 0.14 Acres

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Wake Forest, NC Single Family Properties Market Trends and Statistics

Explore 1 single family properties for sale in Wake Forest, NC on our real estate platform. These investment opportunities span a total of 1,482 square feet of properties for sale, with an estimated market value of $175,000.

Sale prices for single family properties in Wake Forest, NC average $175,000 — 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

Duplexes 4
Multifamily properties 4
Single family properties 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 average listing prices of real estate assets

Neighborhood Average Price
27587 $175K

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)

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