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421 Pearce Avenue, Wake Forest, NC 27587

Wake Forest
Local realty services provided by:CENTURY 21 Folks Properties
421 Pearce Avenue,Wake Forest, NC 27587
$175,000
  • 3 Beds
  • 2 Baths
  • 1,482 sq. ft.
  • Multi-family
  • Pending
Listed by: melissa gordon, fred gordon
Office: coldwell banker advantage
MLS#:10178234
Source:RD

Price summary

  • Price:$175,000
  • Price per sq. ft.:$118.08

About this home

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...

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Home facts

  • Year built:1901
  • Subdivision & Development:Not in a Subdivision
  • Listing ID #:10178234
  • Added:97 day(s) ago
  • Updated:October 11, 2026 at 07:55 AM

Rooms and interior

  • Bedrooms:3
  • Total bathrooms:2
  • Full bathrooms:2
  • Flooring:Wood
  • Living area:1,482 sq. ft.

Heating and cooling

  • Cooling:Window Unit(s)
  • Heating:Space Heater

Structure and exterior

  • Roof:Metal
  • Year built:1901
  • Building area:1,482 sq. ft.
  • Lot area:0.28 Acres
  • Construction Materials:Vinyl Siding
  • Levels:One

Schools

  • High school:Wake - Wake Forest High School
  • Middle school:Wake - Heritage Middle
  • Elementary school:Wake - Heritage Elementary

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$175,000
  • Price per sq. ft.:$118.08
  • Tax amount:$1,657
MLS LogoListings marked with a Doorify MLS icon are provided courtesy of the Doorify MLS, of North Carolina, Internet Data Exchange Database. 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. Copyright 2026 Doorify MLS of North Carolina. All rights reserved. RD Member Broker: Rhonda Folks

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