Sold: Powell Rd — Wake Forest, NC

Status
Sold
Asking price
$79,500
Sold price
$79,500
Est. ARV
$375,000
Est. repairs
~$200,000
Beds / baths
2 bd / 1 ba
Lot size
0.5 acres

This was a 2-bedroom, 1-bathroom single-family home in Wake Forest, NC.

About this deal

Half-acre lot in Wake Forest, north of Raleigh in one of the fastest-moving counties in the state. 2 bed, 1 bath, single story — and a full gut, not a cosmetic refresh.

Asking $79,500 with roughly $200,000 of renovation to a $375,000 ARV. That is close to $100K of spread on paper, and it is priced that way for a reason: this one wants a crew that can run a project of this size and hold a budget across it.

Wake County does the heavy lifting on the exit. Square footage and year built are not on public record — buyer to verify condition, scope, and all figures independently.

Full address and seller contact are free for members.

View this deal on REI Off Market

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