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$275,000 Sale Pending
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Property Description
Calling all visionaries, renovators, and custom builders! Located in the heart of Downtown Wake Forest, this all-brick ranch is a rare opportunity to secure a hard-to-come-by property in a prime location. Whether you are dreaming of a ''Chip and Joanna'' style total rehab or planning to bring the demolition crew and your blueprints for a custom estate, the potential here is limited only by your imagination. While the home includes a detached workshop and carport, the true crown jewel is the expansive .9-acre lot--a size almost never seen this close to the downtown core. Enjoy the freedom of significant acreage without sacrificing the walkability of city living. You are just a short stroll from local favorites like Black & White Coffee Roasters, The Cotton Company, and the various boutiques along the historic White Street district. Grab a burger at The Burger Shop or enjoy a night out at White Street Brewing, all while being minutes from your own private nearly-acre retreat. This is a ''once-in-a-generation'' opportunity to build or renovate in one of the Triangle's most charming areas. Sold ''as-is,'' this is the ultimate canvas for your next big project.
Full Property Details
Full Property Details for 709 Wait Ave
General
- Price: $275,000
- Taxes: $2,111
- Status: Pending
- Type: Single Family
- Source: 2218
- MLS ID: 10160119
- Updated: 5/23/2026
- Added to Site: 62 day(s) ago
Interior
- Number of Rooms: 4
- Interior Features: Bathtub/Shower Combination, Ceiling Fan(s), Eat-in Kitchen
- Appliances: Electric Range
- Flooring: Carpet, Hardwood, Vinyl
Rooms
Bathrooms
- Total Bathrooms: 1
- Full Bathrooms: 1
Bedrooms
- Total Bedrooms: 2
Exterior
- Porch/Patio/Deck: Porch, Rear Porch
Parking
- Carports: Yes
- Carport Spaces: 2
- Covered Spaces: 2
- Parking Features: Carport, Detached Carport, Driveway
Location
- County: Wake
- Subdivision: Not in a Subdivision
- Driving Directions: Take Capital North, exit onto Hwy 98 east, turn left on S Franklin St. Turn Right on Wait Ave. House is in the left.
- City Limits: Yes
School Information
- Elementary School: Wake - Richland Creek
- Middle School: Wake - Wake Forest
- High School: Wake - Wake Forest
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Central Air
- Heating Type: Forced Air
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Structural Information
- Architectural Style: Ranch
- Structure Type: Site Built
- Exterior Const.: Brick
- Roof: Shingle
- Stories/Levels: 1
- Building Size: 922
- Square Feet: 922
- Sq. Ft. Source: Appraiser
- Finished Above Grnd: 922 Sq. Ft.
- Year Built: 1948
Additional Structures
- Other Structures: Shed(s), Workshop
Lot Features
- Lot Size (Acres): 0.9
- Lot Size (Sq. Ft.): 39,204
- Frontage: City Street
- Lot Features: Back Yard, City Lot, Cleared, Landscaped, Level
- Zoning: GR3
Financial Considerations
- Tax Amount: $2,111.77
Disclosures and Reports
- Special Conditions: Standard
- Property ID: 184120707599000 0003129
- Lot Number: B
Listed by EXP Realty LLC, Renee Hillman
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Schools
Schools serving 709 Wait Ave
School District:Wake County Schools
| Name | Grades | Distance |
|---|---|---|
Richland Creek Elementary School 840 Wallridge Drive, Wake Forest, NC 27587 | PK-5 | 2.2 mi |
Wake Forest Middle School 1800 South Main Street, Wake Forest, NC 27587 | 6-8 | 2.2 mi |
Wake Forest High School 420 West Stadium Avenue, Wake Forest, NC 27587 | 9-12 | 1 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 709 Wait Ave
Date
Details
Price
Change
Source
4/15/2026
Listed
$275,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 709 Wait Ave
Year
Property Taxes
Change
Tax Assessment
Change
2025
-100%
$223,217
—
2024
$2,104
72%
$223,217
116%
2023
$1,222
4%
$103,440
—
2022
$1,173
2%
$103,440
—
2021
$1,153
—
$103,440
—
2020
$1,153
35%
$103,440
46%
2018
$851
3%
$70,728
—
2017
$823
1%
$70,728
—
2016
$813
-9%
$70,728
—
2019
$898
-4%
$70,728
-12%
2015
$932
3%
$80,359
—
2014
$902
5%
$80,359
—
2013
$859
—
$80,359
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 709 Wait Ave
709 Wait Avenue, Wake Forest, NC 27587 (MLS# 10160119) is a Single Family property with 2 bedrooms and 1 full bathroom. 709 Wait Avenue is currently listed for $275,000 and was received on April 15, 2026. Want to learn more about 709 Wait Avenue? Do you have questions about finding other Single Family real estate for sale in Wake Forest? You can browse all Wake Forest real estate or contact a Coldwell Banker agent to request more information.

