$524,900

Estimated payment $3,091/month

Total Views 3,774
4 Beds
4 Baths
2,050 Sq Ft
$256 Price per Sq Ft

Highlights

  • A-Frame Home
  • No HOA
  • Forced Air Heating and Cooling System
  • North Forest Pines Elementary School Rated A
  • Luxury Vinyl Tile Flooring
  • 1-Story Property

About This Home

Investor Alert! Multiple Rentals Available - Duplex with strong rental history, located near I-540, Hwy 401 and the Triangle Town Center area. Situated at the end of a quiet cul-de-sac, this property features two well-maintained units. Unit A offers fresh new carpet, while Unit B has been fully renovated. The duplex also benefits from a new roof in 2020. Both units are currently leased at $1,325 each, totaling $2,650 per month. This Duplex is being sold as a package deal with 594 Cedar Lake, a 6- condo investment package in Chapel Hill. The total income from all properties is $9,875 Please do not approach tenants!

Listing Agent

Todd Averette

1st Choice Realty of Triangle License #278256 Listed on: 08/19/2025

Co-Listing Agent

Mary Jo Edgerton

1st Choice Realty of Triangle License #193914

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,560

Year Built

  • Built in 1980

Lot Details

  • 0.26 Acre Lot
  • Lot Dimensions are 38x131x145x145

Parking

  • 4 Open Parking Spaces

Home Design

  • Duplex
  • A-Frame Home
  • Brick Foundation
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 2,050 Sq Ft Home
  • 1-Story Property
  • Basement
  • Crawl Space

Flooring

  • Carpet
  • Luxury Vinyl Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Full Bathrooms

Schools

  • North Forest Elementary School
  • East Millbrook Middle School
  • Wake Forest High School

Utilities

  • Forced Air Heating and Cooling System

Community Details

  • No Home Owners Association
  • 2 Units
  • Hope Valley Subdivision

Listing and Financial Details

  • Assessor Parcel Number 1726.15-72-3615.000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,560

Year Built

Built in 1980

Lot Details

0

Listing Details

  • Year Built: 1980
  • Prop. Type: Residential Income
  • Co List Office Mls Id: T365
  • Co List Office Phone: 919-475-8310
  • Subdivision Name: Hope Valley(Wake)
  • Above Grade Finished Sq Ft: 2050.0
  • Unit Levels: One
  • New Construction: No
  • General Property Information Lot Size Dimensions: 38x131x145x145
  • General Property Information Basement YN: Yes
  • Cooling Central Air: Yes
  • Flooring Luxury Vinyl: Yes
  • Levels One: Yes
  • Sewer:Public Sewer: Yes
  • Water Source Public: Yes
  • Flooring Carpet: Yes
  • Foundation Details BrickMortar: Yes
  • Architectural Style A-Frame: Yes
  • Roof:Shingle: Yes
  • Contract Information Lease Term: 12 Months
  • General Property Information Above Grade Finished Area: 2050.0
  • General Property Information Number Of Units Total3: 2.0
  • Structure Type Duplex: Yes
  • General Property Information Lot Size Square Feet2: 11326.0
  • General Property Information Number Of Buildings2: 1.0
  • General Property Information Lot Size Acres: 0.26
  • General Property Information Stories2: 1
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Flooring: Carpet, Luxury Vinyl
  • Basement: Crawl Space
  • Basement YN: Yes
  • Full Bathrooms: 4
  • Total Bedrooms: 4
  • Stories: 1
  • Basement:Crawl Space: Yes

Exterior Features

  • Roof: Shingle
  • Acres: 0.26
  • Construction Type: Vinyl Siding
  • Foundation Details: Brick/Mortar
  • Construction Materials:Vinyl Siding: Yes

Garage/Parking

  • Attached Garage: No
  • Open Parking Spaces: 4.0
  • Open Parking: Yes
  • Parking Features: Concrete
  • Parking Features:Concrete4: Yes
  • General Property Information:Open Parking YN2: Yes
  • General Property Information:Open Parking Spaces2: 4.0

Utilities

  • Heating: Central, Electric, Forced Air
  • Cooling: Central Air
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Electric4: Yes
  • Heating:Forced Air: Yes
  • Heating:Central: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Schools

  • Ninth Grade High School: Wake - Wake Forest
  • Middle Or Junior School: Wake - East Millbrook

Lot Info

  • Lot Dimensions: 38x131x145x145
  • Lot Size Sq Ft: 11326.0
  • ResoLotSizeUnits: Acres
  • Parcel #: 1726.15-72-3615.000

Rental Info

  • Lease Term: 12 Months
  • Owner Pays: Exterior Maintenance, Grounds Care, Management, Pest Control

Tax Info

  • Tax Annual Amount: 3559.76
  • Tax Year: 2024
  • Tax Map Number: 7

Multi Family

  • Number Of Units Total: 2

MLS Schools

  • Elementary School: Wake - North Forest

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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
2025 $3,574 $405,269 $165,000 $240,269
2024 $3,560 $405,269 $165,000 $240,269
2023 $2,158 $194,343 $55,000 $139,343
2022 $2,008 $194,343 $55,000 $139,343
2021 $1,931 $194,343 $55,000 $139,343
2020 $1,896 $194,343 $55,000 $139,343
2019 $1,830 $154,418 $35,000 $119,418
2018 $1,727 $154,418 $35,000 $119,418
2017 $1,646 $154,418 $35,000 $119,418
2016 $1,613 $154,418 $35,000 $119,418
2015 -- $164,811 $44,000 $120,811
2014 $1,658 $164,811 $44,000 $120,811
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/19/2025 08/19/25 For Sale $524,900 -- $256 / Sq Ft
Source: Doorify MLS

Purchase History

Date Type Sale Price Title Company
Warranty Deed -- None Listed On Document
Warranty Deed -- None Listed On Document
Warranty Deed $415,000 None Listed On Document
Warranty Deed $400,000 Arnette Law Offices Pllc
Warranty Deed $340,000 None Available
Warranty Deed $185,000 None Available
Warranty Deed $165,000 None Available
Deed $112,500 Attorney
Warranty Deed $154,500 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $392,755 New Conventional
Previous Owner $112,500 New Conventional
Source: Public Records

Source: Doorify MLS

MLS Number: 10116688

Doorify MLS

APN: 1726.15-72-3615-000