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$465,000
New Listing

417 Pearce Avenue
Wake Forest, NC 27587

For Sale|Duplex|Active
6
Beds
4
Total Baths
4
Full Baths
2,631
SqFt
$177
/SqFt
2006
Built
Subdivision:
Not in a Subdivision
County:
Wake
Call Now: 919.576.9615
Is this the listing for you? We can help make it yours.
919.576.9615
417 Pearce Avenue417 Pearce Avenue417 Pearce Avenue417 Pearce Avenue
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Monthly Payment (Est.)

$2,122
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Sold together with MLS# 10142426 and this MLS# 10142424 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 generous 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

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Listing Snapshot
Price 
$465,000
Days On Site 
0 Days
Bedrooms 
6
Inside Area (SqFt) 
2,631 sqft
Total Baths 
4
Full Baths 
4
Partial Baths 
N/A
Lot Size 
0.48 Acres
Year Built 
2006
MLS® Number 
10142424
Status 
Active
Property Tax 
$3,820.66
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
14 hours agoListing updated with changes from the MLS®
16 hours agoListing first seen on site
General Features
Acres 
0.48
Lease Term 
Month To Month
Levels 
One and One Half
Number Of Stories 
2
Parking 
OpenShared Driveway
Property Sub Type 
Duplex
Sewer 
Public Sewer
Special Circumstances 
Standard
SqFt Above 
2631
SqFt Total 
2631
Utilities 
Cable ConnectedElectricity ConnectedSewer ConnectedWater Connected
Water Source 
Public
Zoning 
UR
Interior Features
Appliances 
DishwasherElectric Range
Cooling 
Central Air
Flooring 
CarpetLinoleum
Heating 
Heat Pump
Interior 
Open Floorplan
Laundry Features 
Main Level
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Exterior Features
Construction Details 
Vinyl Siding
Lot Features 
Back Yard
Patio And Porch 
Deck
Road Frontage 
City Street
Roof 
Shingle
Community Features
Financing Terms Available 
CashConventional
Schools
School District
Unknown
Elementary School
Wake - Heritage
Middle School
Wake - Heritage
High School
Wake - Wake Forest
Listing courtesy of Melissa Gordon of Coldwell Banker Advantage



Listings that are marked with an icon are provided courtesy of the Triangle MLS, Inc. of North Carolina, Internet Data Exchange Database. Copyright 2026 Triangle MLS, Inc. of North Carolina. All rights reserved.

Last checked: 2026-01-22 07:33 AM UTC

Neighborhood & Commute
Source: Walkscore
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