Excellent investment potential: Two duplexes facing a common courtyard: 4 units total, each a 2 bedroom, 1 bath ranch style unit. Window ACs and baseboard heat-no $6000 central HVAC replacements needed, ever! City water and sewer so no well or septic problems. Simply outfitted with just stove and refrigerator yet these apartments rent quickly and stay rented. The last available unit rented in 3 days for $799, and likely could have rented for much more. Rent potential $3200+. Conveniently located near downtown Wake Forest, New metal roof in Nov. 2017. If you want an easy-to-rent property with predictable cash flow, this one may be for you! Adresses are 720, 722, 724 and 726 North Taylor Street.
Sold for $500,000 on 12/08/23
$500,000
720 N Taylor St, Wake Forest, NC 27587
--beds
--baths
--sqft
Duplex, Multi Family
Built in 1988
-- sqft lot
$298,500 Zestimate®
$--/sqft
$1,790 Estimated rent
Owner options
What's special
Zillow last checked: 7 hours ago
Listing updated: July 26, 2025 at 07:10pm
Listed by:
Mary Gibbs-Peed 919-274-2900,
Alliance Properties of the Car
Bought with:
Jim Allen, 126077
Coldwell Banker HPW
Source: Doorify MLS,MLS#: 2536531

Facts & features
Interior
Heating
- Baseboard, Electric
Cooling
- Window Unit(s)
Features
- Flooring: Carpet, Vinyl
- Basement: Crawl Space
Interior area
- Total structure area: 0
Property
Parking
- Parking features: Off Street
Features
- Has view: Yes
Lot
- Features: Hardwood Trees, Partially Cleared
Details
- Parcel number: 1841749399
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Duplex, Multi Family
Materials
- Masonite
Condition
- New construction: No
- Year built: 1988
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Location
- Region: Wake Forest
- Subdivision: Not in a Subdivision
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Estimated market value
$298,500