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$775,000
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Property Description
A rare opportunity to acquire a high-performing rental portfolio generating over $100,000 in annual rental income with a 10% CAP rate. This 8.6-acre property includes 5 single-family homes and 4 duplexes (12 doors total)-most of the homes have been extensively renovated and are leased through February 2026, with just one unit currently on a month-to-month lease. The homes are in move-in ready condition, offering a turnkey solution for investors seeking immediate cash flow. Strategically located near Panther Lake, this property also provides potential for creative long-term exit strategies, future development, or value-add opportunities. A vacant duplex on-site presents the possibility to increase the portfolio to 14 total units, further enhancing returns. With room to raise rents and long-term growth potential, this property offers both stability and upside for savvy investors.
Full Property Details
Full Property Details for 12600 Old Stage Rd
General
- Sold For: $775,000
- Taxes: $2,474
- Status: Closed
- Type: Duplex
- Source: 2218
- MLS ID: 10102712
- Added to Site: 265 day(s) ago
Rental Information
- Lease/Rent Term: 12 Months
Interior
- Number of Rooms: 1
- Flooring: Vinyl
Rooms
Bathrooms
- Total Bathrooms: 12
- Full Bathrooms: 12
Bedrooms
- Total Bedrooms: 20
Location
- County: Wake
- Subdivision: Not in a Subdivision
- Driving Directions: Follow I-440 E, I-40 E and NC-540 W to Old Stage Rd. Exit from NC-540 W. Drive to Old Stage Rd.
School Information
- Elementary School: Wake - Willow Springs
- Middle School: Wake - Herbert Akins Road
- High School: Wake - Willow Spring
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Other
- Heating Type: See Remarks
Utilities
- Sewer: Septic Tank, Shared Septic
- Water: Shared Well
Structural Information
- Property Detached: Yes
- Architectural Style: Ranch
- Exterior Const.: Concrete
- Roof: Shingle
- Stories/Levels: 1
- Building Size: 10823
- Square Feet: 10,823
- Finished Above Grnd: 10,823 Sq. Ft.
- Year Built: 1920
Lot Features
- Lot Size (Acres): 8.61
- Lot Size (Sq. Ft.): 375,051.6
Financial Considerations
- Tax Amount: $2,474.3
Disclosures and Reports
- Special Conditions: Standard
- Property ID: 696109576
- Lot Number: 2
Listed by DASH Carolina, Robert William Buesser (201) 675-6780
Sold by Kevin Van Zyl, KEVIN Van Zyl
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Schools
Schools serving 12600 Old Stage Rd
School District:Wake County Schools
| Name | Grades | Distance |
|---|---|---|
Willow Springs Elementary 6800 Dwight Rowland Rd, Willow Spring, NC 27592 | PK-5 | 2.9 mi |
Willow Spring High 1704 Old Honeycutt Road, Fuquay-Varina, NC 27526 | 9-12 | 2.7 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 12600 Old Stage Rd
Date
Details
Price
Change
Source
7/09/2025
Sold
$775,000
-7.19%
MLS
6/12/2025
Listed
$835,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
12600 Old Stage Road, Willow Springs, NC 27592 (MLS# 10102712) is a Duplex property that was sold at $775,000 on July 09, 2025. Want to learn more about 12600 Old Stage Road? Do you have questions about finding other Duplex real estate for sale in Willow Springs? You can browse all Willow Springs real estate or contact a Coldwell Banker agent to request more information.
