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425 Pearce Avenue, Wake Forest, NC 27587

Wake Forest
Local realty services provided by:CENTURY 21 New Beginnings
425 Pearce Avenue,Wake Forest, NC 27587
$495,000
  • 6 Beds
  • 4 Baths
  • 2,721 sq. ft.
  • Multi-family
  • Pending
Listed by: melissa gordon, fred gordon
Office: coldwell banker advantage
MLS#:10142426
Source:RD

Price summary

  • Price:$495,000
  • Price per sq. ft.:$181.92

About this home

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...

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Home facts

  • Year built:2003
  • Subdivision & Development:Not in a Subdivision
  • Listing ID #:10142426
  • Added:262 day(s) ago
  • Updated:October 11, 2026 at 07:55 AM

Rooms and interior

  • Bedrooms:6
  • Total bathrooms:4
  • Full bathrooms:4
  • Flooring:Carpet, Hardwood, Linoleum, Vinyl, Wood
  • Kitchen Description:Dishwasher, Electric Range, Free-Standing Electric Range, Range
  • Living area:2,721 sq. ft.

Heating and cooling

  • Cooling:Central Air, Heat Pump
  • Heating:Heat Pump
  • Central air:Yes

Structure and exterior

  • Roof:Shingle
  • Year built:2003
  • Building area:2,721 sq. ft.
  • Lot area:0.91 Acres
  • Construction Materials:Vinyl Siding
  • Exterior Features:Patio, Porch
  • Foundation Description:Slab
  • Levels:One and One Half

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:$495,000
  • Price per sq. ft.:$181.92
  • Tax amount:$4,146

Features and amenities

  • Laundry features:Main Level

Parking

  • Parking description:Driveway
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: Ellisha Mayers

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