Skip to content
‹Search Features Location Pricing Similar Homes
425 Pearce Avenue, Wake Forest, NC 27587 PENDING 1 of 31 425 Pearce Avenue, Wake Forest, NC 27587 — photo 2 425 Pearce Avenue, Wake Forest, NC 27587 — photo 3 425 Pearce Avenue, Wake Forest, NC 27587 — photo 4 425 Pearce Avenue, Wake Forest, NC 27587 — photo 5
1 of 31
Pending
$495,000 Est. $3,411/mo — Get pre-qualified
6beds 4baths 2,721sq ft 0.91acres

425 Pearce Avenue · Wake Forest, NC 27587

View map

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 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.

Features & Amenities

Living Area2,721 Sq.Ft.
Bedrooms6
Baths4
HeatingHeat Pump
CoolingCentral Air, Heat Pump
FlooringCarpet, Hardwood, Linoleum, Vinyl, Wood
FireplaceNo
AppliancesDishwasher, Electric Range, Free-Standing Electric Range, Range
Interior FeaturesCeiling Fan(s), Laminate Counters, Open Floorplan
LaundryMain Level
StyleCape Cod, Transitional
Year Built2003
ConstructionVinyl Siding
RoofShingle
FoundationSlab
ParkingDriveway, Open, Shared Driveway
StatusPending
Lot Size0.91 Acres
SubdivisionNot in a Subdivision
CountyWake
Property TypeResidential Income
Property SubTypeDuplex
Last UpdatedOct 1, 2026
UtilitiesCable Connected, Electricity Connected, Sewer Connected, Water Connected
SewerPublic Sewer
Water SourcePublic
HOANo
ElementaryWake - Heritage Elementary Elementary School
MiddleWake - Heritage Middle Middle School
HighWake - Wake Forest High School High School
Presented By: Coldwell Banker Advantage; 919.847.2222; espeas@cbadvantage.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.

Monthly Cost Estimate

$
%
$
%
$
$
$
Estimated Payment
— / month
Principal & Interest—
Property Taxes—
Home Insurance—
HOA Dues—

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

Get Pre-Qualified Today

Similar Homes

Nearby Homes for Sale

Homes in Nearby Subdivisions

Homes in Nearby Zip Codes

Copyright 2026 Triangle MLS, Inc. of North Carolina. All rights reserved. The data relating to real estate for sale on this web site comes in part from the Triangle MLS, Inc. of North Carolina. Real estate listings held by brokerage firms other than REMAX Executive are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers. 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 consumer's personal, noncommercial use. Closed (sold) listings may have been listed and/or sold by a real estate firm other than the firm(s) featured on this website. Closed data is not available until the sale of the property is recorded in the MLS. Home sale data is not an appraisal, CMA, competitive or comparative market analysis, or home valuation of any property. Listings marked with an icon are provided courtesy of the Triangle MLS, Inc. of North Carolina, Internet Data Exchange Database. This site is monitored for scraping. Any use of listing data obtained from this web site, other than by a consumer looking to purchase real estate, is prohibited. This data has been updated as of Oct 1, 2026.