Charming Multi-Unit Property in the Heart of Downtown Wake Forest - 313 S Main St This historic brick home, built in 1940, offers an incredible 4,535 sq. ft. of living space and is perfectly located within the city limits of Wake Forest, just steps away from the vibrant shops, restaurants, and attractions of downtown. With a unique layout divided into two units (#313 and #311), this property offers both versatility and potential for income generation. Unit #313, known as the apartment, has been a consistent income generator for over 30 years, making it an ideal investment opportunity. The spacious dwelling features 7 bedrooms and 4.5 bathrooms, including a master suite with his and hers full bathrooms in the main house. The kitchen, renovated 10 years ago, and the sunroom, also upgraded with central heat/air, add to the home's functionality. Original hardwood floors, two wood-burning fireplaces add to the home's charm, and fresh carpet and paint in the upstairs portion of the main house bring warmth and character throughout. Enjoy the fully fenced backyard with a brand-new hardscaped patio, completed in 2024, perfect for outdoor entertaining. Recent updates include a new roof in 2021 and new double-paned windows in 2023, ensuring the home blends historic appeal with modern efficiency. The apartment unit (#313) has a renovated kitchen (5 years ago) and offers additional living space with its own unique features. With a prime location, ample square footage, and recent updates, this property offers a rare opportunity to experience the best of both investment potential and a comfortable living space in the heart of Wake Forest. Professional Photos 1/10.
Sold for $650,000
$650,000
313 S Main St, Wake Forest, NC 27587
7beds
4,535sqft
Single Family Residence, Residential, Multi Family
Built in 1940
-- sqft lot
$635,700 Zestimate®
$143/sqft
$1,741 Estimated rent
Home value
$635,700
$598,000 - $674,000
$1,741/mo
Zestimate® history
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Zillow last checked:
Listing updated:
Listed by:
Katie Paugh 919-609-9786,
Braelynn Realty, LLC,
Michael Keith 919-880-2006,
Braelynn Realty, LLC
Bought with:
Judy Hart, 304714
Navigate Realty
Source: Doorify MLS,MLS#: 10069807
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 7
- Bathrooms: 5
- Full bathrooms: 4
- 1/2 bathrooms: 1
Heating
- Heat Pump
Cooling
- Central Air, Heat Pump
Appliances
- Included: Dishwasher, Microwave, Oven, Water Heater
- Laundry: In Kitchen, Laundry Closet
Features
- Apartment/Suite, Bathtub/Shower Combination, Ceiling Fan(s), Chandelier, Dual Closets, Eat-in Kitchen, Entrance Foyer, Master Downstairs, Second Primary Bedroom, Separate Shower, Storage, Tile Counters, Walk-In Shower
- Flooring: Carpet, Hardwood, Tile
- Windows: Double Pane Windows
- Basement: Concrete, Unfinished, Unheated, Walk-Out Access
- Number of fireplaces: 2
- Fireplace features: Family Room, Living Room, Wood Burning
Interior area
- Total structure area: 4,535
- Total interior livable area: 4,535 sqft
- Finished area above ground: 4,535
- Finished area below ground: 0
Property
Parking
- Total spaces: 4
- Parking features: Asphalt, Attached, Driveway, Garage, Garage Door Opener, Garage Faces Front
- Attached garage spaces: 2
- Uncovered spaces: 2
Features
- Levels: Bi-Level
- Patio & porch: Patio
- Exterior features: Fenced Yard, Private Yard, Storage
- Pool features: Community
- Spa features: None
- Fencing: Back Yard, Chain Link, Fenced, Full
- Has view: Yes
Lot
- Size: 0.50 Acres
- Features: Back Yard, Few Trees, Landscaped, Open Lot, Rectangular Lot
Details
- Additional structures: Garage(s), Shed(s), Storage
- Parcel number: 1841403945
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Colonial, Traditional
- Property subtype: Single Family Residence, Residential, Multi Family
Materials
- Brick, Concrete
- Foundation: Concrete, Brick/Mortar
- Roof: Shingle
Condition
- New construction: No
- Year built: 1940
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Available, Electricity Available, Sewer Available, Water Available
Community & neighborhood
Community
- Community features: Historical Area, Park, Playground, Pool, Restaurant, Sidewalks
Location
- Region: Wake Forest
- Subdivision: Not in a Subdivision
Other
Other facts
- Road surface type: Asphalt
Price history
| Date | Event | Price |
|---|---|---|
| 2/28/2025 | Sold | $650,000-3.7%$143/sqft |
Source:  Doorify MLS #10069807 Report a problem | ||
| 1/17/2025 | Pending sale | $675,000$149/sqft |
Source: Doorify MLS #10069807 Report a problem | ||
| 1/10/2025 | Listed for sale | $675,000$149/sqft |
Source: Doorify MLS #10069807 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $5,581 +0.4% | $623,305 +5.4% |
| 2024 | $5,560 +23.3% | $591,340 +53.8% |
| 2023 | $4,509 +4.2% | $384,594 |
| 2022 | $4,326 +1.8% | $384,594 |
| 2021 | $4,251 | $384,594 |
| 2020 | $4,251 +21.3% | $384,594 +37.7% |
| 2019 | $3,505 | $279,286 |
| 2018 | $3,505 +9.2% | $279,286 |
| 2017 | $3,210 +1.3% | $279,286 |
| 2016 | $3,169 -0.8% | $279,286 +0.5% |
| 2015 | $3,194 +3.3% | $278,014 |
| 2014 | $3,093 | $278,014 |
| 2013 | -- | $278,014 |
| 2012 | -- | $278,014 |
| 2011 | -- | $278,014 |
| 2010 | -- | $278,014 |
| 2009 | -- | $278,014 |
| 2008 | -- | -- |
| 2007 | -- | -- |
| 2006 | -- | -- |
| 2005 | -- | -- |
| 2004 | -- | -- |
| 2003 | -- | -- |
| 2002 | -- | -- |
| 2001 | -- | -- |
Find assessor info on the county website
Neighborhood: 27587
Nearby schools
GreatSchools rating
- 6/10Wake Forest ElementaryGrades: PK-5Distance: 0.1 mi
- 4/10Wake Forest Middle SchoolGrades: 6-8Distance: 1.9 mi
- 7/10Wake Forest High SchoolGrades: 9-12Distance: 0.5 mi
Schools provided by the listing agent
- Elementary: Wake - Wake Forest
- Middle: Wake - Wake Forest
- High: Wake - Wake Forest
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
$635,700
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
$635,700
- North Carolina
- Wake County
- Wake Forest
- 27587
- 313 S Main St
Nearby cities
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Other Wake Forest Topics
