- Overview
- Description
- Property Details
- Location
- Facts & Features
- Getting Around
Street View
$465,000
Monthly Est:$2,314
6 Beds
4 Baths4 full baths
2,750sqft
417 Pearce Ave, Wake Forest, NC 27587
$465,000
$2,314/moEst:
Get Pre-Approved
Duplex
Built in 2006
$-- HOA
0.48 acre lot
$169/sq.ft
Description
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
- Houzeo last checked: 6 minutes ago
- Listing updated: October 1, 2026 at 12:29 pm
- Listing Provided by: Melissa Gordon (919) 614-6878 , Fred Gordon | Coldwell Banker Advantage (919) 847-2222
- Source: Doorify MLS-NC | MLS#: 10142424
Part of
Property Details
Status
Pending
Type
Multi Family
No. of Stories
2
County
City
Neighborhood
--
Year Built
2006
HOA Fees
-
Finished Area
2,750 sqft
Lot Size
0.48 acre lot
Basement Area
- sqft
MLS Name
Doorify MLS
MLS Number
10142424
MLS Status
Pending
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Location
Facts & Features
Rooms
Bedrooms & bathrooms
Bedrooms: 6
Bathrooms: 4
Interior
Sewer
Public Sewer
Interior Features
Bathtub/shower Combination, Open Floorplan
Heating
Heat Pump
Flooring
Carpet, Linoleum
Appliances
Dishwasher, Electric Range
Cooling
Central Air
Construction
Year Built
Year Built: 2006
Home type
Duplex
Roof
Shingle
Construction Materials
Vinyl Siding
Utilities & Energy
Water Source
Public
Utilities
Cable Connected, Electricity Connected, Sewer Connected, Water Connected
Laundry Features
Main Level
Parking Features
Open, Shared Driveway
Other Features
Tenant Pays
All Utilities
Disclosures
Seller Disclosure
Lot Features
Back Yard
Subdivision Name
Not In A Subdivision
Patio And Porch Features
Deck
Price History
| Date | Event | Price |
|---|---|---|
08/30/2026 Source: | Pending | $465,000 $169/sqft |
07/06/2026 Source: | Listed for Sale | $465,000 $169/sqft |
03/25/2026 Source: | Price Decreased | $465,000 -57.73% $169/sqft |
09/09/2024 Source: | Off Market | $1,100,000 $400/sqft |
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Based on information from the Doorify MLS (Triangle MLS, Inc.) through Oct 08, 2026, 06:30PM. All information provided is deemed reliable but is not guaranteed and should be independently verified. Some IDX listings have been excluded from this IDX display. Brokers make an effort to deliver accurate information, but buyers should independently verify any information on which they will rely in a transaction. The listing broker shall not be responsible for any typographical errors, misinformation, or misprints, and they shall be held totally harmless from any damages arising from reliance upon this data. This data is provided exclusively for consumers’ personal, non-commercial use. Listings marked with an icon are provided courtesy of the Doorify MLS, Inc. of North Carolina, Internet Data Exchange Database. Closed (sold) listings may have been listed and/or sold by a real estate firm other than the firm(s) featured on this website. Closed data is not available until the sale of the property is recorded in the MLS. Home sale data is not an appraisal, CMA, competitive or comparative market analysis, or home valuation of any property. © 2026 Doorify MLS, Inc. of North Carolina. All rights reserved. Non-MLS properties are not included. Properties sold were listed/sold by various MLS participating offices. © 2026 Doorify MLS, Inc. of North Carolina. All Rights Reserved.
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