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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.
Property Type(s):
Multi Family
| Last Updated | 5/16/2025 | Tract | Not in a Subdivision |
|---|---|---|---|
| Year Built | 1974 | County | Wake |
SCHOOLS
| Elementary School | Wake - Apex Elementary |
|---|---|
| Jr. High School | Wake - Apex |
| High School | Wake - Apex |
Additional Details
| AIR | Central Air |
|---|---|
| AIR CONDITIONING | Yes |
| APPLIANCES | Dishwasher, Electric Range, Range, Refrigerator, Washer/Dryer |
| BASEMENT | Crawl Space |
| CONSTRUCTION | Cement Siding |
| EXTERIOR | Private Yard |
| HEAT | Forced Air |
| LOT | 10019 sq ft |
| LOT DESCRIPTION | Few Trees |
| PARKING | Off Street, Parking Lot |
| POOL DESCRIPTION | None |
| SEWER | Public Sewer |
| STORIES | 2 |
| SUBDIVISION | Not in a Subdivision |
| TAXES | 3918.18 |
| UTILITIES | Natural Gas Available, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected |
| WATER | Public |
Location
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Listed with Berkshire Hathaway HomeService
Information Not Guaranteed.
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.
Data last updated: 5/17/25 10:14 AM PDT.
This IDX solution is (c) Diverse Solutions 2025.
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