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$172,000
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Property Description
Here's your chance! Rare opportunity to secure a highly desirable lot within walking distance to Historic Downtown Apex. This property is ideal for builders, investors, or buyers looking to tear down and build new in one of Wake County's most in-demand areas. Existing home has already had asbestos professionally removed, and a new survey has been completed, saving time and upfront development costs. Enjoy the benefit of a walkable lifestyle with easy access to restaurants, coffee shops, breweries, parks, and year-round community events in downtown Apex. New construction in this area continues to see strong demand and premium resale value. Opportunities like this in the heart of Apex are limited.
Full Property Details
Full Property Details for 502 1st St
General
- Sold For: $172,000
- Taxes: $1,738 (2025)
- Status: Closed
- Type: Single Family
- Source: 2218
- MLS ID: 10169454
- Added to Site: 138 day(s) ago
Interior
- Number of Rooms: 1
- Flooring: None
Rooms
Bathrooms
- Total Bathrooms: 1
- Full Bathrooms: 1
Bedrooms
- Total Bedrooms: 2
Exterior
- Porch/Patio/Deck: Covered, Front Porch
Location
- County: Wake
- Subdivision: Not in a Subdivision
School Information
- Elementary School: Wake - Baucom Elementary
- Middle School: Wake - Apex Middle
- High School: Wake - Apex High
Heating & Cooling
- Cooling Type: None
- Heating Type: Forced Air
Utilities
- Sewer: Public Sewer
- Water: Public
- Cable Available: Yes
- Utility Description: Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Water Available
Structural Information
- Architectural Style: Ranch, Traditional
- Structure Type: House
- Exterior Const.: Brick
- Basement: Yes
- Basement Desc.: Crawl Space
- Roof: Shingle
- Stories/Levels: 1
- Building Size: 1032
- Square Feet: 1,032
- Living Area: 1,032 Sq. Ft.
- Finished Above Grnd: 1,032 Sq. Ft.
- Year Built: 1940
Lot Features
- Lot Size (Acres): 0.12
- Lot Size (Sq. Ft.): 5,227
- Street/Road Desc.: Asphalt
- Lot Features: Back Yard, Front Yard, See Remarks
- Zoning: HD SF
- Fencing (Description): None
Financial Considerations
- Tax Amount: $1,738.47
- Tax Year: 2025
- Terms: Cash, Conventional
Disclosures and Reports
- Special Conditions: Standard
- APN: 074105294036000 0027184
- Lot Number: 502
Listed by Triangle Home Team Realty, Michael Proctor (919) 815-4263
Sold by Canvas Forum Of Raleigh Llc, Kerrel George Gomes
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Schools
Schools serving 502 1st St
School District:Wake County Schools
| Name | Grades | Distance |
|---|---|---|
Baucom Elementary 400 Hunter Street, Apex, NC 27502 | PK-5 | 0.8 mi |
Apex Middle 400 East Moore Street, Apex, NC 27502 | 6-8 | 0.5 mi |
Apex High 1501 Laura Duncan Road, Apex, NC 27502 | 9-12 | 1.6 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 502 1st St
Date
Details
Price
Change
Source
8/25/2026
Sold
$172,000
-11.79%
MLS
8/01/2026
Price Reduced
$195,000
-11.36%
MLS
5/23/2026
Listed
$220,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
502 1st Street, Apex, NC 27502 (MLS# 10169454) is a Single Family property that was sold at $172,000 on August 25, 2026. Want to learn more about 502 1st Street? Do you have questions about finding other Single Family real estate for sale in Apex? You can browse all Apex real estate or contact a Coldwell Banker agent to request more information.

