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$175,000
3 Beds ⋅ 2 Baths ⋅ 10178234 MLS ⋅ ACTIVE Status
Downtown Wake Forest Investment and/or Redevelopment Opportunity Offered in conjunction with 425 Pearce Avenue (MLS# 10142426) and 417 Pearce Avenue (MLS# 10142424) for a combined purchase price of $1,135,000, this exceptional investment package presents a unique opportunity in the heart of downtown Wake Forest. The offering includes three parcels totaling approximately 1.67 acres, featuring two fully leased duplexes and one tenant-occupied single-family home, providing immediate rental income with significant long-term upside. Zoned UR (Urban Residential), the properties offer outstanding redevelopment and expansion potential in one of Wake Forest's fastest-growing and most desirable locations. This single-family home fronts Pearce Avenue and is currently leased, making it an income-producing asset today with excellent potential for future redevelopment as a standalone parcel or in combination with the adjacent duplex properties. Just a few blocks from the vibrant downtown district, the property is within close proximity of local restaurants, shopping, parks, and community amenities. With strong existing cash flow, flexible Urban Residential zoning, and a premier location in downtown Wake Forest, this is a great opportunity for investors and developers seeking both immediate returns and future growth potential. House is being sold AS-IS

421 Pearce Ave, Wake Forest
$395,000
3 Beds ⋅ 3 Baths ⋅ 10173626 MLS ⋅ PENDING Status
Charming Heritage cottage townhome. Bright open floor plan. Kitchen with granite countertops, all appliances convey, maple cabinets, breakfast nook. Primary bedroom on first floor with double walk in closets. Large bath with separate tub and walk in shower with bench, double vanity. Large Second floor guest retreat/bedroom could easily be used as another primary bedroom. Large walk in closet, shower, double vanity. Additional unfinished walk in area great for easy storage. Covered front porch. Rear patio that overlooks nicely shaded common area with community gazebo. Large laundry room off the kitchen leads to the 2 car garage. Updated roof and carpet and flooring.

3806 Heritage Spring Cir, Wake Forest
$340,000
3 Beds ⋅ 3 Baths ⋅ 10132124 MLS ⋅ CLOSED Status
Beautifully updated 3-bedroom, 2.5-bath home featuring fresh interior paint, tall ceilings, and abundant natural light. Enjoy new LVP flooring, carpet, and stylish light fixtures. The kitchen offers painted cabinets, new quartz counters, and a new dishwasher. Bathrooms are refreshed, making this home move-in ready and full of modern charm!

1110 Fairway Villas Dr, Wake Forest
$425,000
4 Beds ⋅ 2 Baths ⋅ 10166285 MLS ⋅ CLOSED Status
Investor opportunity in the heart of Downtown Wake Forest! This DUPLEX offers an exceptional location just moments from all the shopping, dining and charm the downtown area has to offer. Each unit features a functional layout with a kitchen, living room, 2 bedrooms and 1 full bathroom. Both units have been thoughtfully updated, creating a more modern and visually appealing interior that tenants appreciate. Outdoor spaces include a welcoming front entry, side entry, deck, patio, side yard, and backyard--ideal for relaxing or grilling. This turnkey investment property also includes refrigerators, washers, and dryers for both units. Both units are currently rented and offer an excellent rental income history. Don't miss this rare opportunity to own an income-producing property in one of Wake Forest's most desirable and convenient locations. Contact the listing agent today to schedule a showing.

115 W Vernon Ave, Wake Forest
$470,000
3 Beds ⋅ 2 Baths ⋅ 10061668 MLS ⋅ CLOSED Status
ATTENTION INVESTORS - Excellent monthly income on your investment ($3,425). Excellent condition and rental history on this duplex. Both units are identical. AN OFFER HAS BEEN ACCEPTED WAITING ON DD CHECK.

836 N Taylor St, Wake Forest
$452,000
2522536 MLS ⋅ CLOSED Status
This duplex at 627/629 Wait Ave, is located in close proximity to downtown Wake Forest and the campus of Southeastern Baptist Theological Seminary. The property is fully-leased with $2,300 in gross monthly rent. Current rents are below market but could be increased significantly with strategic improvements. Post-renovation market rents are estimated to be $1,800 per unit. Built in 1985, the two-story design features two identical townhome-style floorplans. Each unit has two-bedrooms, two-and-a-half-bathrooms, and its own garage. Utilities are individually metered and are paid by the residents. The neighboring duplex, 621/623 Wait Ave, is owned by the same owner and is also up for sale. These two duplexes can be bought individually or as a package. Both of these duplexes present a excellent value-add opportunity in a highly-desirable location.

627-629 Wait Ave, Wake Forest
$500,000
2536531 MLS ⋅ CLOSED Status
Excellent investment potential: Two duplexes facing a common courtyard: 4 units total, each a 2 bedroom, 1 bath ranch style unit. Window ACs and baseboard heat-no $6000 central HVAC replacements needed, ever! City water and sewer so no well or septic problems. Simply outfitted with just stove and refrigerator yet these apartments rent quickly and stay rented. The last available unit rented in 3 days for $799, and likely could have rented for much more. Rent potential $3200+. Conveniently located near downtown Wake Forest, New metal roof in Nov. 2017. If you want an easy-to-rent property with predictable cash flow, this one may be for you! Adresses are 720, 722, 724 and 726 North Taylor Street.

720 N Taylor St, Wake Forest
$540,000
6 Beds ⋅ 6 Baths ⋅ 10020139 MLS ⋅ CLOSED Status
Location! Location! Near downtown Wake Forest, shopping center off US 1, and Campus. This duplex (townhomes)has 3 bedrms and 2 1/2 baths on each side. The tenants are month to month. This sale includes lots 1 & 2 of survey in disclosure. This is a custom built units by Tim Keith. Separate laundry room. Kitchen has a bar area and pantry. Large front porches, decks, stg. rooms, and large back yards for each unit. Great investment in a great area in town.

729 & 731 Stadium Dr, Wake Forest
$442,000
3 Beds ⋅ 3 Baths ⋅ 2536938 MLS ⋅ CLOSED Status
Move in ready! Gorgeous Purpose floorplan, in a paired villa! Elegant semi-detached home w/10' ceilings, f/p, gourmet kitch w/gas cooktop, separate study w/french doors, spa shower in primary bath, beautiful cabs and counters in kitchen! Pass-thru from oversized primary closet to big laundry room! Just around the corner from beautiful Joyner Park, 5 minutes to shopping and dining, and 10 mins to downtown Wake Forest!

864 Whistable Ave Unit 27, Wake Forest
$400,000
4 Beds ⋅ 4 Baths ⋅ 10033160 MLS ⋅ CLOSED Status
This duplex is located in close proximity to downtown Wake Forest and the campus of Southeastern Baptist Theological Seminary. The desirable neighborhood features a brand new town home community with units selling for over $200 PSF. Built in 1984, the duplex features two identical town home-style floor plans, each with 2-beds and 1.5-baths. Unit 106 (left side) is vacant and unit 104 (right side) is rented with a long-term tenant at $1,033/mon. The property offers an investor or an owner occupant a great opportunity to add value through strategic renovations and improvements.

104 N Franklin St, Wake Forest
$450,000
2527762 MLS ⋅ CLOSED Status
This duplex at 613/615 Wait Ave, is located in close proximity to downtown Wake Forest and the campus of Southeastern Baptist Theological Seminary. Built in 1985, the two-story design features two identical townhome-style floorplans. Each unit has two-bedrooms, two-and-a-half-bathrooms, and its own garage. Both units at the property are currently occupied and are on month-to-month leases. Current rents are well below market but could be increased significantly with light value-add improvements as the units have been well-maintained. Current ownership has made recent improvements to the property that include the following: new roof (2019), new water heaters (2019), new windows (2019), and new rear decks (2021). The property has polybutylene plumbing. This offering presents an opportunity for an investor to acquire a well maintained duplex with significant income upside in a highly-sought after location.

613-615 Wait Ave, Wake Forest
$440,000
3 Beds ⋅ 3 Baths ⋅ 10004363 MLS ⋅ CLOSED Status
READY NOW! The Meaning C! This Paired Villa by Garman Homes in Live Oaks offers luxurious main-floor living! Private study at front of home w/french doors, large primary suite w/walk-in closet, 1st flr laundry room. Upstairs you'll find 2 more bedrooms, oversized loft, & walk-in storage! (woohoo for storage!) Gourmet kitchen w/gas cooktop, fam rm w/gas f/p, covered back porch! Minutes from Joyner Park, retail, grocery, and downtown Wake Forest. HOA dues cover yard maintenance, common areas, and roof!

844 Whistable Ave Unit 32, Wake Forest
$470,990
3 Beds ⋅ 3 Baths ⋅ 10014331 MLS ⋅ CLOSED Status
The FINAL opportunity in Live Oaks! The Meaning floorplan! Paired Villa home plan by Garman Homes offers luxurious main-floor living! Private study at front of home, large primary suite on back of home has huge walk-in closet w/solid shelving, + spacious bathroom! Retreat upstairs to find a fantastic oversized loft, 2 more bedrooms, & walk-in unfin storage! Gourmet kitchen with a huge island and family room with gas fireplace! Screened back porch with fan to enjoy the lazy days of summer! 1 mile from Joyner Park Rec Center, 1.5 miles from Harris Crossing, and downtown Wake Forest is just 8 mins away! HOA dues cover yard maintenance, common areas, and roof!

1009 Lacala Ct Unit 1, Wake Forest
$484,450
3 Beds ⋅ 3 Baths ⋅ 10006905 MLS ⋅ CLOSED Status
The Meaning! Paired Villa home plan by Garman Homes in Live Oaks offers luxurious main-floor living! Private study at front of home, large primary suite w/HUGE walk-in closet! Retreat upstairs to find 2 more bedrooms, oversized loft, & walk-in unfin storage! Gourmet kitchen w/island, fam rm w/gas f/p and coffered ceiling, covered back porch! Minutes from Joyner Park, retail, grocery, and downtown Wake Forest. HOA dues cover yard maintenance, common areas, and roof! PS - This home is the last home on the street!

804 Whistable Ave Unit 42, Wake Forest
$415,000
3 Beds ⋅ 3 Baths ⋅ 2538463 MLS ⋅ CLOSED Status
Come fall in love with this beautiful 3 Bed, 2 Full Bath with 1 Half Bath home in desirable Heritage neighborhood. Freshly Carpeted, Well maintained and only attached by the storage unit on either side of the house! Boasting a 2 Car Garage, Large Back Yard with Fence, Home Office on main floor and Large Upstairs Landing/Loft area. Golfers can enjoy easy access to several courses in the area including Heritage Golf Course right down the road! Located conveniently near Gateway Commons Shopping Center almost everything you might need is within walking distance! Don't let this one slip away!

309 Hammond Oak Ln, Wake Forest
$445,000
3 Beds ⋅ 3 Baths ⋅ 2526287 MLS ⋅ CLOSED Status
READY NOW! The Meaning floorplan by Garman Homes is fantastic first-floor living! Gourmet kitch w/gas cooktop, wall oven + micro, & white cabs + Miami White quartz. Large primary suite on 1st flr w/great walk-in closet! Gas fireplace in fam rm, covered back patio and covered front porch. 2 add'l BRs + full ba + loft + unfin storage 2nd floor! Beautiful home & fabulous location close to so much! <1 mi to beautiful Joyner Park + Rec Center, <5 mins to stores & restaurants!

860 Whistable Ave Unit 28, Wake Forest
$475,630
3 Beds ⋅ 3 Baths ⋅ 2540620 MLS ⋅ CLOSED Status
Pre-sale

856 Whistable Ave Unit 29, Wake Forest
$452,000
2522517 MLS ⋅ CLOSED Status
This duplex at 621/623 Wait Ave, is located in close proximity to downtown Wake Forest and the campus of Southeastern Baptist Theological Seminary. The property is fully-leased with $2,275 in gross monthly rent. Current rents are below market but could be increased significantly with strategic improvements. Post-renovation market rents are estimated to be $1,800 per unit. Built in 1985, the two-story design features two identical townhome-style floorplans. Each unit has two-bedrooms, two-and-a-half-bathrooms, and its own garage. Utilities are individually metered and are paid by the residents. The neighboring duplex, 627/629 Wait Ave, is owned by the same owner and is also up for sale. These two duplexes can be bought individually or as a package. Both of these duplexes present a excellent value-add opportunity in a highly-desirable location.

621-623 Wait Ave, Wake Forest
$495,000
6 Beds ⋅ 4 Baths ⋅ 10142426 MLS ⋅ ACTIVE Status
Downtown Wake Forest Investment and/or Redevelopment Opportunity Offered in conjunction with 417 Pearce Avenue (MLS# 10142424) and 421 Pearce Avenue (MLS# 10178234 ) for a combined purchase price of $1,135,000. The offering includes three parcels totaling approximately 1.67 acres, featuring two fully leased duplexes and one tenant-occupied single-family home, providing immediate rental income with significant long-term upside. Zoned UR (Urban Residential), the properties offer outstanding redevelopment and expansion potential in one of Wake Forest's fastest-growing and most desirable locations. Each duplex features spacious 3-bedroom, 2-full-bath units, thoughtfully designed with two bedrooms on the main level and one upstairs, appealing to a wide range of tenants. This duplex is situated on a nearly 1 acre lot. The property provides rare space and flexibility in a downtown setting. The lot has access to Pearce Avenue and currently shares a driveway with the neighboring duplex. A prime location close to dining, shopping, and local amenities, combined with strong rental performance and zoning advantages, makes this a compelling opportunity for investors seeking both stability and upside in one of Wake Forest's most desirable areas. One unit in this building has recently been updated with new flooring, cabinets, counter tops, appliances and paint.

425 Pearce Ave, Wake Forest
$450,225
3 Beds ⋅ 3 Baths ⋅ 10006901 MLS ⋅ CLOSED Status
The Meaning! Paired Villa home plan by Garman Homes in Live Oaks offers luxurious main-floor living! Private study at front of home, large primary suite w/HUGE walk-in closet! Retreat upstairs to find 2 more bedrooms, oversized loft, & walk-in unfin storage! Gourmet kitchen w/island, fam rm w/gas f/p and coffered ceiling, covered back porch! Minutes from Joyner Park, retail, grocery, and downtown Wake Forest. HOA dues cover yard maintenance, common areas, and roof! PS - This pairs with 816 Whistable if you need 2 homes together!

812 Whistable Ave Unit 40, Wake Forest
$450,000
3 Beds ⋅ 3 Baths ⋅ 10009691 MLS ⋅ CLOSED Status
The Meaning C! This Paired Villa by Garman Homes in Live Oaks offers luxurious main-floor living! Private study at front of home w/french doors, large primary suite w/walk-in closet & elegant trey ceiling, 1st flr laundry room! Upstairs you'll find 2 more bedrooms, oversized loft, & walk-in storage! (woohoo for storage!) Gourmet kitchen w/gas cooktop, fam rm w/gas f/p, covered back porch! Minutes from Joyner Park, retail, grocery, and downtown Wake Forest. HOA dues cover yard maintenance, common areas, and roof! March closing!

876 Whistable Ave Unit 24, Wake Forest
$448,000
3 Beds ⋅ 3 Baths ⋅ 10004237 MLS ⋅ CLOSED Status
The Meaning A! This Paired Villa by Garman Homes in Live Oaks offers luxurious main-floor living! Private study at front of home w/french doors, large primary suite w/walk-in closet & spa shower, 1st flr laundry room! Upstairs you'll find 2 more bedrooms, oversized loft, & walk-in storage! (woohoo for storage!) Gourmet kitchen w/gas cooktop, fam rm w/gas f/p, covered back porch! Minutes from Joyner Park, retail, grocery, and downtown Wake Forest. HOA dues cover yard maintenance, common areas, and roof!

820 Whistable Ave Unit 38, Wake Forest
$925,000
3 Beds ⋅ 2 Baths ⋅ 10133407 MLS ⋅ ACTIVE Status
INVESTORS THIS IS 4 SEPARATE LOTS. The listing only has one of the properties information on the full sheet. Check out all of the 4 lots, two houses, and a mobile home. Two lots have ranch homes, one with mobile home. Wake County taxes only. The two homes and the mobile home is being rented on a month to month lease at this time. The address for this listing is for the home across from Wakefield High School on Old Falls of Neuse Rd. The mobile home lot faces Old Falls of Neuse(12339). The vancant lot address is 2005 River Hill Dr. & the other home is 2013 River Hill Dr., Wake Forest. Acreage on MLS sheet only for one property and information only for one house. Storage buildings on lots. Agent will email you Property Disclosure on three properties being lived in.

12329 Old Falls Of Neuse Rd, Wake Forest
$450,000
3 Beds ⋅ 3 Baths ⋅ 2516899 MLS ⋅ CLOSED Status
Everyone needs a Purpose! This Paired Villa home plan by Garman Homes in Live Oaks offers luxurious main-floor living! Private study at front of home, large primary suite w/HUGE walk-in closet w/pass thru to large laundry room! Retreat upstairs to find 2 more bedrooms, oversized loft, & walk-in storage! Gourmet kitchen w/island, fam rm w/gas f/p, covered back porch! Minutes from Joyner Park, retail, grocery, and downtown Wake Forest. HOA dues cover yard maintenance, common areas, and roof! PS - This pairs with 812 Whistable Ave if you want 2 homes side by side! Parents and kids, besties, or 2 investment properties!

816 Whistable Ave Unit 39, Wake Forest
$445,000
3 Beds ⋅ 3 Baths ⋅ 10001529 MLS ⋅ CLOSED Status
READY NOW! The Meaning floorplan by Garman Homes is fantastic first-floor living! Gourmet kitch w/gas cooktop, wall oven + micro, & white upper cabs, blue smoke lowers + Miami White quartz. Large primary suite on 1st flr w/great walk-in closet! Study with French doors. Gas fireplace in fam rm, covered back patio and covered front porch. 2 add'l BRs + full ba + loft + unfin storage 2nd floor! Beautiful elegant new construction home just minutes from shopping, dining, and Joyner Park!

828 Whistable Ave Unit 36, Wake Forest
$376,000
4 Beds ⋅ 2 Baths ⋅ 10016986 MLS ⋅ CLOSED Status
Great move-in ready investment opportunity! Beautiful renovated duplex close to downtown Wake Forest with tons of upgrades! Updated kitchen with new granite counter tops, tile backsplash and stainless steel appliances. Bathrooms with updated custom vanities. New engineered hardwood floors throughout the entire home. New hardware and fixtures throughout. NEW WINDOWS AND HVAC'S IN 2024 FOR BOTH UNITS!

630 N Taylor St, Wake Forest
$465,000
6 Beds ⋅ 4 Baths ⋅ 10142424 MLS ⋅ ACTIVE Status
Downtown Wake Forest Investment and/or Redevelopment Opportunity Offered in conjunction with 425 Pearce Avenue (MLS# 10142426) and 421 Pearce Avenue (MLS# 10178234 ) for a combined purchase price of $1,135,000. The offering includes three parcels totaling approximately 1.67 acres, featuring two fully leased duplexes and one tenant-occupied single-family home, providing immediate rental income with significant long-term upside. Zoned UR (Urban Residential), the properties offer outstanding redevelopment and expansion potential in one of Wake Forest's fastest-growing and most desirable locations. Each duplex features spacious 3-bedroom, 2-full-bath units, thoughtfully designed with two bedrooms on the main level and one upstairs, appealing to a wide range of tenants. This duplex is situated on a generous almost 1/2 acre lot, the property provides rare space and flexibility in a downtown setting. The lot has access to Pearce Avenue and currently shares a driveway with the neighboring duplex. A prime location close to dining, shopping, and local amenities, combined with strong rental performance and zoning advantages, makes this a compelling opportunity for investors seeking both stability and upside in one of Wake Forest's most desirable areas

417 Pearce Ave, Wake Forest

Listings provided courtesy of Triangle MLS, Inc. of NC, Internet Data Exchange Database. Information deemed reliable but not guaranteed. © 2026 Triangle MLS, Inc. of North Carolina. Data last updated .