$550,000
$550,000
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4 Beds
4 Baths
2,021 SqFt
SOLD DATE : 07/09/2025
Key Details
Sold Price $550,000
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
Square Footage 2,021 sqft
Price per Sqft $272
Subdivision Not In A Subdivision
MLS Listing ID 10096877
Sold Date 07/09/25
Bedrooms 4
Full Baths 2
Half Baths 2
HOA Y/N No
Year Built 1974
Annual Tax Amount $3,918
Lot Size 10,019 Sqft
Acres 0.23
Property Sub-Type Duplex
Source Doorify MLS
Land Area 2021
Property Description
Don't miss this exceptional chance to own a two-unit residence ideally situated in the vibrant and rapidly growing downtown district of Apex.
Since 2017, the owners have completed an exterior facelift with new fiber cement siding and trim, windows and front door (Unit 4), replaced sliding doors and rebuilt decks and HVAC systems. Unit 4 (left side) has undergone an interior renovation including updated flooring, cabinetry, appliances, countertops, and fixtures. Unit 3 (right side) is occupied by a long-term, month-to-month tenant and has not been renovated.
Unit 4 is currently operating as a successful turnkey short-term rental, averaging $2,300/month in income for 2023-24. This unit is being sold fully furnished offering immediate income potential with no additional investment required.
Apex has seen nearly 18% population growth since 2020, and the greater Triangle region continues to attract over 56 new residents daily, driving strong demand for both short- and long-term rentals. This property offers a unique blend of immediate cash flow, flexibility, and long-term appreciation potential. Property is being sold as-is.
Location
State NC
County Wake
Community Not In A Subdivision
Area 0.23
Rooms
Basement Crawl Space
Interior
Cooling Central Air
Flooring Carpet, Laminate, Luxury Vinyl
Fireplace No
Appliance Range, Dishwasher, Washer/Dryer
Laundry In Unit
Exterior
Exterior Feature Private Yard
Parking Features Off Street, Parking Lot
Garage Spaces 4.0
Pool None
Community Features None
Utilities Available Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Roof Type Metal
Total Parking Spaces 4
Garage No
Building
Lot Description Few Trees
Story Two
Foundation Concrete Perimeter
Water Public
New Construction No
Schools
Elementary Schools Wake - Apex Elementary
Middle Schools Wake - Apex
High Schools Wake - Apex
Others
Senior Community No
Tax ID 0742502676
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
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