Investor opportunity in the heart of Downtown Wake Forest! This DUPLEX offers an exceptional location just moments from all the shopping, dining and charm the downtown area has to offer. Each unit features a functional layout with a kitchen, living room, 2 bedrooms and 1 full bathroom. Both units have been thoughtfully updated, creating a more modern and visually appealing interior that tenants appreciate. Outdoor spaces include a welcoming front entry, side entry, deck, patio, side yard, and backyard--ideal for relaxing or grilling. This turnkey investment property also includes refrigerators, washers, and dryers for both units. Both units are currently rented and offer an excellent rental income history. Don't miss this rare opportunity to own an income-producing property in one of Wake Forest's most desirable and convenient locations. Contact the listing agent today to schedule a showing.
Sold for $425,000
$425,000
115 W Vernon Ave, Wake Forest, NC 27587
4beds
1,734sqft
Duplex, Multi Family
Built in 1946
-- sqft lot
$424,600 Zestimate®
$245/sqft
$1,748 Estimated rent
Home value
$424,600
$403,000 - $446,000
$1,748/mo
Zestimate® history
Owner options
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$1,748/mo
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$1,748/mo
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$2,575/mo
Est. payment
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$2,575/mo
Est. payment
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List your homeWhat's special
Welcoming front entrySide yardFunctional layout
Zillow last checked:
Listing updated:
Listed by:
Meredith Hilbert 919-418-6507,
Howard Hanna Allen Tate Wake Forest/Rolesville
Bought with:
Jean Bernal, 239688
Choice Residential Real Estate
Source: Doorify MLS,MLS#: 10166285
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Natural Gas
Cooling
- Central Air
Appliances
- Included: Dishwasher, Dryer, Electric Range, Gas Range, Refrigerator, Washer
- Laundry: In Basement, Laundry Room
Features
- Bathtub/Shower Combination, Built-in Features, Ceiling Fan(s), Eat-in Kitchen
- Flooring: Hardwood, Laminate, Tile
- Basement: Storage Space, Unfinished
- Number of fireplaces: 1
- Common walls with other units/homes: No Common Walls
Interior area
- Total structure area: 1,734
- Total interior livable area: 1,734 sqft
- Finished area above ground: 1,734
- Finished area below ground: 0
Property
Parking
- Total spaces: 2
- Parking features: Driveway
- Uncovered spaces: 2
Features
- Levels: Bi-Level
- Stories: 1
- Patio & porch: Deck
- Has view: Yes
Lot
- Size: 7,405 Square Feet
- Features: Wooded
Details
- Parcel number: 184006393687000 0028068
- Zoning: GR3
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Duplex, Multi Family
Materials
- Concrete
- Foundation: Concrete, Block
- Roof: Shingle
Condition
- New construction: No
- Year built: 1946
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Subdivision: Not in a Subdivision
HOA
- Has HOA: No
Location
- Region: Wake Forest
Financial & listing details
- Price per square foot: $245/sqft
- Tax assessed value: $309,504
- Annual tax amount: $2,940
- Date on market: 5/11/2026
- Lease term: 12 Months
Price history
| Date | Event | Price |
|---|---|---|
| 6/15/2026 | Sold | $425,000$245/sqft |
Source:  Doorify MLS #10166285 Report a problem | ||
| 5/14/2026 | Pending sale | $425,000$245/sqft |
Source: Doorify MLS #10166285 Report a problem | ||
| 5/11/2026 | Listed for sale | $425,000+55.7%$245/sqft |
Source: Doorify MLS #10166285 Report a problem | ||
| 12/21/2020 | Sold | $273,000+3%$157/sqft |
Source: Doorify MLS #2353838 Report a problem | ||
| 11/20/2020 | Pending sale | $265,000$153/sqft |
Source: Deaton Investment Real Estate #2353838 Report a problem | ||
| 11/17/2020 | Listed for sale | $265,000+146.5%$153/sqft |
Source: Deaton Investment Real Estate #2353838 Report a problem | ||
| 9/30/2002 | Sold | $107,500+26.5%$62/sqft |
Source: Public Record Report a problem | ||
| 3/30/2001 | Sold | $85,000$49/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,940 +0.4% | $309,504 |
| 2024 | $2,929 +78.6% | $309,504 +124.7% |
| 2023 | $1,640 +4.2% | $137,734 |
| 2022 | $1,575 +1.7% | $137,734 |
| 2021 | $1,548 | $137,734 |
| 2020 | $1,548 -6.2% | $137,734 +6.1% |
| 2019 | $1,651 | $129,831 |
| 2018 | $1,651 +9.1% | $129,831 |
| 2017 | $1,514 +1.3% | $129,831 |
| 2016 | $1,495 -13.5% | $129,831 -12.7% |
| 2015 | $1,728 +3.2% | $148,799 |
| 2014 | $1,674 | $148,799 |
| 2013 | -- | $148,799 |
| 2012 | -- | $148,799 |
| 2011 | -- | $148,799 |
| 2010 | -- | $148,799 |
| 2009 | -- | $148,799 |
| 2008 | -- | -- |
| 2007 | -- | -- |
| 2006 | -- | -- |
| 2005 | -- | -- |
| 2004 | -- | -- |
| 2003 | -- | -- |
| 2002 | -- | -- |
| 2001 | -- | -- |
Find assessor info on the county website
Neighborhood: 27587
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Nearby schools
GreatSchools rating
- 6/10Wake Forest ElementaryGrades: PK-5Distance: 0.2 mi
- 4/10Wake Forest Middle SchoolGrades: 6-8Distance: 1.6 mi
- 7/10Wake Forest High SchoolGrades: 9-12Distance: 0.8 mi
Schools provided by the listing agent
- Elementary: Wake County Schools
- Middle: Wake County Schools
- High: Wake County Schools
Source: Doorify MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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Estimated market value
$424,600
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$424,600
- North Carolina
- Wake County
- Wake Forest
- 27587
- 115 W Vernon Ave
Nearby cities
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