Estimated payment $3,397/month
Total Views
1,117
4
Beds
4
Baths
2,108
Sq Ft
$266
Price per Sq Ft
Highlights
- The property is located in a historic district
- Deck
- Wood Flooring
- Apex Elementary Rated A-
- Transitional Architecture
- Granite Countertops
About This Home
Don't miss this exceptional opportunity to own a two-unit residence on a 0.29-acre lot in the heart of Apex's vibrant and rapidly growing downtown district.
Unit 105 has been operating as a successful Airbnb, generating an average gross monthly rent of over $2,800 in 2023-2024. Recent upgrades include a stunning kitchen renovation with new cabinetry, waterfall countertop, appliances, range hood, and updated plumbing fixtures. The bathrooms, bedrooms, and living areas have also been refreshed, and all windows and the front door have been replaced. This unit is being sold fully furnished, offering immediate income potential with no additional investment required.
Unit 107 is currently tenant-occupied on a month-to-month lease and is a mirror layout of Unit 105, though without recent renovations.
With nearly 18% population growth in Apex since 2020 and over 56 new residents moving to the Triangle daily, demand for both short- and long-term rentals remains strong. This property offers a compelling combination of cash flow, flexibility, and long-term appreciation potential. PROPERTY IS BEING SOLD IN ''AS IS' CONDITION.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $4,151
Year Built
- Built in 1980
Lot Details
- 0.29 Acre Lot
- No Units Located Below
- No Unit Above or Below
- 1 Common Wall
- Rectangular Lot
- Cleared Lot
- Back and Front Yard
Home Design
- Duplex
- Transitional Architecture
- Brick Foundation
- Block Foundation
- Metal Roof
- Vinyl Siding
Interior Spaces
- 2,108 Sq Ft Home
- 2-Story Property
- Sliding Doors
- Entrance Foyer
- Unfinished Attic
Kitchen
- Eat-In Kitchen
- Electric Oven
- Electric Range
- Range Hood
- Microwave
- Dishwasher
- Stainless Steel Appliances
- Granite Countertops
Flooring
- Wood
- Carpet
- Tile
Bedrooms and Bathrooms
- 4 Bedrooms
- Bathtub with Shower
Laundry
- Laundry on main level
- Washer and Dryer
Parking
- 4 Parking Spaces
- Private Driveway
- 4 Open Parking Spaces
Schools
- Apex Elementary School
- Apex Middle School
- Apex High School
Utilities
- Central Heating and Cooling System
- Heat Pump System
- Electric Water Heater
- Cable TV Available
Additional Features
- Deck
- The property is located in a historic district
Listing and Financial Details
- Assessor Parcel Number 0742502547
Community Details
Overview
- No Home Owners Association
- 2 Units
Building Details
- 1 Leased Unit
- 1 Vacant Unit
Map
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Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $4,059 | $470,919 | $230,000 | $240,919 |
| 2023 | $2,680 | $240,652 | $90,000 | $150,652 |
| 2022 | $2,518 | $240,652 | $90,000 | $150,652 |
| 2021 | $2,422 | $240,652 | $90,000 | $150,652 |
| 2020 | $2,398 | $240,652 | $90,000 | $150,652 |
| 2019 | $2,251 | $194,702 | $80,000 | $114,702 |
| 2018 | $2,122 | $194,702 | $80,000 | $114,702 |
| 2017 | $1,977 | $194,702 | $80,000 | $114,702 |
| 2016 | $1,949 | $198,739 | $80,000 | $118,739 |
| 2015 | $1,747 | $169,941 | $52,000 | $117,941 |
| 2014 | $1,685 | $169,941 | $52,000 | $117,941 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/31/2025 07/31/25 | Pending | -- | -- | -- |
| 07/22/2025 07/22/25 | For Sale | $560,000 | -- | $266 / Sq Ft |
Source: Doorify MLS
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Quit Claim Deed | -- | None Available | |
| Warranty Deed | $222,500 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $166,875 | New Conventional | |
| Previous Owner | $107,800 | New Conventional |
Source: Public Records
Similar Home in Apex, NC
Source: Doorify MLS
MLS Number: 10110898
APN: 0742.19-50-2547-000
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Some IDX listings have been excluded from this IDX display. 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 consumers’ personal, non-commercial use. Listings marked with an icon are provided courtesy of the Doorify MLS, Inc. of North Carolina, Internet Data Exchange Database. 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. Copyright 2025 Doorify MLS, Inc. of North Carolina. All rights reserved.
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