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602-604 Faucette Street, Fuquay Varina, NC 27526 ACTIVE 1 of 27 602-604 Faucette Street, Fuquay Varina, NC 27526 — photo 2 602-604 Faucette Street, Fuquay Varina, NC 27526 — photo 3 602-604 Faucette Street, Fuquay Varina, NC 27526 — photo 4 602-604 Faucette Street, Fuquay Varina, NC 27526 — photo 5
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$300,000 Est. $2,067/mo — Get pre-qualified
3beds 1baths 1,296sq ft 0.34acres

602-604 Faucette Street · Fuquay Varina, NC 27526

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Development Opportunity in Fuquay-Varina - Two Structures on One Parcel!

Rare opportunity to own 602 & 604 Faucette St, featuring two dwelling units on one parcel in a rapidly growing area near downtown Fuquay-Varina. Ideal for investors, builders, or developers looking for a tear-down and new construction project with strong upside potential.

604 Faucette St offers 3 bedrooms and 1 bathroom and is the only heated structure. The second unit (602) is unheated and adds additional value for redevelopment. The property has been tenant-occupied for approximately 13 years, the seller has never lived in the property, and it is now vacant and ready for the right investor. Sold AS-IS.

Strong Comparable Sales Support Future Value
Nearby properties have recently sold between the $400Ks and $700Ks, highlighting the potential of new construction in the area, including:

Homes selling up to $750,000 nearby
Multiple sales in the $500K-$575K range
Even smaller homes reaching $400K+

This makes the property a compelling opportunity for those looking to build and capitalize on rising values.

Potential for Town Center Residential (TCR) positioning adds long-term development flexibility and increased value potential.

Conveniently located near downtown Fuquay-Varina, shopping, dining, and major roadways, in an area experiencing continuous growth and redevelopment.

Cash purchase only.

Features & Amenities

Living Area1,296 Sq.Ft.
Bedrooms3
Baths1
HeatingCentral
FlooringLaminate
FireplaceNo
StyleRanch
Year Built1920
ConstructionOther
RoofOther
FoundationBlock
ParkingNo Garage, Parking Lot
StatusActive
Lot Size0.34 Acres
Lot FeaturesCity Lot
SubdivisionNot in a Subdivision
CountyWake
Property TypeResidential
Property SubTypeSingle Family Residence
Last UpdatedAug 31, 2026
SewerPublic Sewer
Water SourcePublic
HOANo
ElementaryWake - Fuquay Varina Elementary Elementary School
MiddleWake - Fuquay Varina Middle Middle School
HighWake - Fuquay Varina High High School
Presented By: Excellence Realty Elevating Yo; diana@excellencernc.com

Location

Property boundary from county GIS

Neighborhood Snapshot

U.S. Census Bureau, ACS 5-year estimates

Neighborhood data describes this home's U.S. Census tract and is provided for information only. Statistics describe an area, not any individual property or its residents.

Pricing History

DateEventPriceChange
Aug 31, 2026 Price Reduced $329,000 → $300,000 ▾ $29,000 (8.8%)

Monthly Cost Estimate

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* Estimates only. Actual rates, payments, and terms vary. Consult a licensed mortgage professional.

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