425 Pearce Avenue Wake Forest, NC 27587
Listing Courtesy of: MLS LogoDoorify MLS / Coldwell Banker Advantage / Melissa Gordon / FRED GORDON

  425 Pearce Avenue Wake Forest, NC 27587

Active (15 Days)
$495,000 (USD)
6
BED
4
BATH
2,721
SQFT

Description

Sold together with 417 Pearce Ave MLS#'s 10142424 and this MLS# 10142426 For a total of $960,000. Exceptional investment opportunity in the heart of downtown Wake Forest. This offering includes two fully rented duplexes sold together, located just a couple
of blocks from the vibrant town center. Zoned UR, the property presents future expansion or redevelopment potential while generating immediate income. A total of almost 1 1/2 acres across both parcels. Each duplex features
spacious 3-bedroom, 2-full-bath units, thoughtfully designed with two bedrooms on the main level, 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.

MLS #:
10142426
Taxes
$4,146
Lot Size
0.91 acres
Type
Multifamily
Year Built
2003
County
Wake County
Community
Not In a Subdivision

Listed By

Melissa Gordon, Coldwell Banker Advantage
FRED GORDON, Coldwell Banker Advantage
Source
Doorify MLS
Last checked Feb 6 2026 at 3:57 AM GMT-0400
Bathroom Details
  • Full Bathrooms: 4
Interior Features
  • Electric Range
  • Dishwasher
  • Laundry: Main Level
  • Open Floorplan
Subdivision
  • Not In A Subdivision
Property Features
  • Foundation: Slab
Heating and Cooling
  • Heat Pump
Flooring
  • Carpet
  • Vinyl
  • Linoleum
Exterior Features
  • Roof: Shingle
Utility Information
  • Utilities: Electricity Connected, Cable Connected, Water Connected, Sewer Connected
  • Sewer: Public Sewer
School Information
  • Elementary School: Wake - Heritage
  • Middle School: Wake - Heritage
  • High School: Wake - Wake Forest
Parking
  • Open
  • Shared Driveway
Stories
  • 2
Living Area
  • 2,721 sqft
Location
   
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