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$895,000 Sale Pending

  • For Sale
  • Pending
  • Single Family
  • 3 Beds
  • 2 Full Baths
  • 1 Partial Bath
  • 2,031 Sq. Ft.
  • 0.49 Acres
  • Updated 5 days ago
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Own a unique part of Downtown Wendell. This property fronts 3 separate roads: Wendell Blvd, Marshburn Rd, and Academy St. It has a separate address for each building (242 W Academy and 3169 Wendell Blvd) and each has separate power and utilities. The first building is a 2000 sq ft fully renovated historic home, currently offered on VRBO as ''Cottage on the Boulevard''. With 5 years of successful rent roll on VRBO and Airbnb, this property brings in around 45k a year. It is currently zoned residential, but can be converted to commercial. The second building is zoned as an office/retail single tenant building that is 1632 sf. This building has also been fully renovated with 4 office/deck spaces, conference table, kitchen and eating area, a classroom that seats 20, and storage . The parking lot is behind this brick building so it does not restrict the parking of the rental house or guests which use the driveway on Academy St. These two buildings are only separated by 6-8 feet so they can not be divided or sold separately. They could easily be combined to create a 4000 sf building, or used as is. The brick building currently generates rental revenue, but could be used or rented out as a full time retail or office building. The property is not in the historic district, but benefits from a tax reduction from the age of the property. It is within walking distance of downtown Wendell and has high visibility due to its location on three of the main road interchanges. Showings will need to be arranged around guests as this is a very popular and successful VRBO rental.

Full Property Details for 242 W Academy St

General

  • Price: $895,000
  • Taxes: $3,667
  • Status: Pending
  • Type: Single Family
  • Source: 2218
  • MLS ID: 10151284
  • Updated: 3/30/2026
  • Added to Site: 30 day(s) ago

Rental Information

  • Lease/Rent Term: Short Term Lease

Interior

  • Number of Rooms: 6
  • Interior Features: Apartment/Suite, Bathtub/Shower Combination, Ceiling Fan(s), Eat-in Kitchen, Granite Counters, Smooth Ceilings
  • Appliances: Built-In Range, Dishwasher, Microwave, Refrigerator, Stainless Steel Appliance(s)
  • Flooring: Ceramic Tile, Hardwood, Vinyl

Rooms

Bathrooms

  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1

Bedrooms

  • Total Bedrooms: 3

Other Rooms

  • Laundry: In Hall

Exterior

  • Exterior Features: Fenced Yard
  • Porch/Patio/Deck: Covered, Front Porch, Porch, Side Porch

Parking

  • Parking Features: Additional Parking, Parking Lot

Location

  • County: Wake
  • Subdivision: Not in a Subdivision
  • Driving Directions: Wendell exit to 3169 Wendell Boulevard or 242 W Academy
  • City Limits: Yes

School Information

  • Elementary School: Wake - Wendell
  • Middle School: Wake - Wendell
  • High School: Wake - East Wake

Heating & Cooling

  • Air Conditioning: Yes
  • Cooling Type: Central Air, Gas
  • Heating Type: Forced Air, Gas Pack

Utilities

  • Sewer: Public Sewer
  • Water: Public
  • Utility Description: Cable Available, Cable Connected, Natural Gas Available, Natural Gas Connected, Sewer Connected, Water Connected

Structural Information

  • Architectural Style: Cottage
  • Structure Type: House, Mixed Use, Retail, Site Built
  • Exterior Const.: Brick, Vinyl Siding
  • Roof: Shingle
  • Common Walls: No Common Walls
  • Windows: Insulated Windows
  • Building Size: 2031
  • Square Feet: 2,031
  • Sq. Ft. Source: Appraiser
  • Finished Above Grnd: 2,031 Sq. Ft.
  • Year Built: 1915

Additional Structures

  • Other Structures: Second Residence

Lot Features

  • Property View: Downtown
  • Lot Size (Acres): 0.49
  • Lot Size (Sq. Ft.): 21,344.4
  • Frontage: City Street
  • Street/Road Desc.: Asphalt
  • Fence: Yes
  • Lot Features: City Lot, Level
  • Zoning: MIXED USE
  • Fencing (Description): Chain Link, Wood

Financial Considerations

  • Tax Amount: $3,667

Disclosures and Reports

  • Special Conditions: Seller Licensed Real Estate Professional
  • Property ID: 70924

Listed by Creekside Inc/Five County Real, Amanda Rivera (919) 656-7446

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Listing agent

— 242 W Academy St —

  • Amanda Rivera

    Creekside Inc/Five County Real

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 242 W Academy St

School District:Wake County Schools
NameGradesDistance
Wendell Elementary
3355 Wendell Boulevard, Wendell, NC 27591
PK-50.1 mi
Wendell Middle
3409 North Carolina 97, Wendell, NC 27591
6-81.7 mi
East Wake High School
5101 Rolesville Road, Wendell, NC 27591
9-123.4 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 242 W Academy St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
3/06/2026
Listed
$895,000
234.58%
MLS
9/16/2021
Sold
$267,500
—
Public Record
Get Price Alerts and Save Property
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 for 242 W Academy St

Year
Property Taxes
Change
Tax Assessment
Change
2025
$3,742
2%
$344,173
—
2024
$3,678
57%
$344,173
91%
2023
$2,350
7%
$180,473
—
2022
$2,192
2%
$180,473
—
2021
$2,156
2%
$180,473
—
2020
$2,115
-6%
$180,473
5%
2019
$2,258
5%
$171,286
—
2018
$2,145
3%
$171,286
—
2017
$2,077
1%
$171,286
—
2016
$2,052
8%
$171,286
8%
2015
$1,902
3%
$158,902
—
2014
$1,844
4%
$158,902
—
2013
$1,774
—
$158,902
—
View All
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 for 242 W Academy St

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*These costs are estimates, and the interest rates assume exceptional credit standing.

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Listed by Creekside Inc/Five County Real, Amanda Rivera (919) 656-7446

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242 W Academy Street, Wendell, NC 27591 (MLS# 10151284) is a Single Family property with 3 bedrooms, 2 full bathrooms and 1 partial bathroom. 242 W Academy Street is currently listed for $895,000 and was received on March 06, 2026. Want to learn more about 242 W Academy Street? Do you have questions about finding other Single Family real estate for sale in Wendell? You can browse all Wendell real estate or contact a Coldwell Banker agent to request more information.

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