$237,500

132 W Vernon Avenue, Wake Forest, NC 27587

  • 2 beds |
  • 1 bath |
  • 880 sqft
  • Property Icon Single-Family Home
  • Property Year Built Icon Built in 1940
  • Property Lot Size Icon8,276sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $270/sqft
  • Property List Date Icon Listed 5 days ago

Property Description

Situated in a National Register Historic District, this classic cottage presents a unique opportunity to own prime downtown location in Wake Forest. Perfectly positioned for a car-optional lifestyle, the home is just 0.3 miles from Wake Forest Magnet Elementary and the Seminary, with the shops and dining of White Street only a half-mile stroll away.This property is an ideal match for those looking to build equity in a high-demand area, rental income investors, and value-add investors. The National Historic Register status allows for a State and Federal Tax Credit on rehabilitation expenses for income-producing properties. This GR3 zoned lot is also primed for buyers seeking a high-end renovation endeavor or a two-story rebuild (Verify with HPC). This property offering is sold strictly AS-IS. An Inspection Report is available upon request. The Listing Agent is related to the Seller.

Listing Status:
Active
Data Last Updated:
March 4, 2026 at 5:18AM
Listing Office:
eXp Realty, LLC - C : 888-584-9431
Listing Agent:
Miles Ridley Boan : 919-671-0279
MLS ID:
10148904
  • General: Bedroom on Main LevelLaminate CountersPrimary DownstairsWalk-In Shower
  • Appliances: Free-Standing Electric RangeGas Water Heater
  • Basement: Crawl Space
  • Flooring: HardwoodVinyl
  • A/C: ElectricGas
  • Heating: ElectricForced AirGas
  • General: Private YardRain GuttersSmart Light(s)Shed(s)
  • Style: Cottage
  • Other Structures: Shed(s)Deck
  • Parking: On SiteOutside
  • Roofing: AsphaltFiberglassShingle
  • Windows: Blinds
  • General: ClapboardCement Siding1Crawlspace
  • Originating MLS: AMLSNC_TRIANGLE
  • County: Wake
  • Zoning: Lo1 Vernon Ave & Other184006392952000 0115946
  • Fencing: None
  • Utilities: Electricity ConnectedNatural Gas ConnectedWater Connected
  • Water: Public
  • Sewer: Public Sewer
  • Source: AMLSNC_TRIANGLE

This listing courtesy of Miles Ridley Boan , eXp Realty, LLC - C

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

W

Wake Forest Elementary School

136 W Sycamore Ave, Wake Forest, NC, 27587

Grades PK-5

0.18 miles away

W

Wake Forest Middle School

1800 S Main St, Wake Forest, NC, 27587

Grades 6-8

1.59 miles away

W

Wake Forest High School

420 Stadium Dr, Wake Forest, NC, 27587

Grades 9-12

0.69 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

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