Your Local Real Estate Experts!
Open Hours: Mon - Fri, 9:00 a.m. - 5:00 p.m | Sat & Sun: By Appt Only

Search Properties

Save
Ask
Tour
Hide
Share
$495,000
New Listing

425 Pearce Avenue
Wake Forest, NC 27587

For Sale|Duplex|Active
6
Beds
4
Total Baths
4
Full Baths
2,618
SqFt
$189
/SqFt
2003
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
425 Pearce Avenue425 Pearce Avenue425 Pearce Avenue425 Pearce Avenue
Save
Ask
Tour
Hide
Share

Mortgage Calculator

Monthly Payment (Est.)

$2,258
Calculator powered by Showcase IDX, a Constellation1 Company. Copyright ©2026 Information is deemed reliable but not guaranteed.

Sold together with MLS# 10142424 & this MLS 101424426 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.

Save
Ask
Tour
Hide
Share
Listing Snapshot
Price 
$495,000
Days On Site 
0 Days
Bedrooms 
6
Inside Area (SqFt) 
2,618 sqft
Total Baths 
4
Full Baths 
4
Partial Baths 
N/A
Lot Size 
0.91 Acres
Year Built 
2003
MLS® Number 
10142426
Status 
Active
Property Tax 
$4,145.77
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
10 hours agoListing updated with changes from the MLS®
16 hours agoListing first seen on site
General Features
Acres 
0.91
Foundation 
Slab
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 
2618
SqFt Total 
2618
Utilities 
Cable ConnectedElectricity ConnectedSewer ConnectedWater Connected
Water Source 
Public
Zoning 
UR
Interior Features
Appliances 
DishwasherElectric Range
Cooling 
Heat Pump
Flooring 
CarpetLinoleumVinyl
Heating 
Heat Pump
Interior 
Open Floorplan
Laundry Features 
Main Level
Save
Ask
Tour
Hide
Share
Exterior Features
Construction Details 
Vinyl Siding
Patio And Porch 
PatioPorch
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 07:28 AM UTC

Neighborhood & Commute
Source: Walkscore
Save
Ask
Tour
Hide
Share