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$292,500
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Property Description
Investor's Dream in downtown Wendell! Take advantage of this ability to walk to downtown breweries, coffee shops, and restaurants while having Wendell Falls at your doorstep. Duplex in GREAT shape with both sides rented out (8/26 and 3/27). Unit B(backside) is 1 br/1 ba with 2 space parking pad and LVP flooring. Unit A (front) is 2 br/1 ba with new LVP flooring. Both well-maintained and turn-key. Terrific rental income opportunity in growing Wendell, add this to your portfolio right now!
Full Property Details
Full Property Details for 502 N Cypress St
General
- Price: $292,500
- Taxes: $2,476 (2026)
- Status: Active
- Type: Duplex
- Source: 2218
- MLS ID: 10182471
- Updated: 10/1/2026
- Added to Site: 74 day(s) ago
Rental Information
- Lease/Rent Term: 12 Months
Interior
- Number of Rooms: 9
- Interior Features: Primary Downstairs
- Flooring: Carpet
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 3
Other Rooms
- Laundry: Laundry Room, Main Level
Exterior
- Porch/Patio/Deck: Deck
Parking
- Total Spaces: 2
- Parking Features: Off Street
Location
- County: Wake
- Subdivision: Not in a Subdivision
School Information
- Elementary School: Wake - Wendell Elementary
- Middle School: Wake - Wendell Middle
- High School: Wake - East Wake High School
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Window Unit(s)
- Heating Type: Baseboard, Electric
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Architectural Style: Ranch
- Structure Type: Duplex
- Exterior Const.: Wood Siding
- Basement: Yes
- Basement Desc.: Crawl Space
- Roof: Shingle
- Stories/Levels: 1
- Building Size: 1990
- Square Feet: 1,990.9
- Living Area: 1,990.9 Sq. Ft.
- Finished Above Grnd: 1,990.9 Sq. Ft.
- Year Built: 1950
Lot Features
- Lot Size (Acres): 0.27
- Lot Size (Sq. Ft.): 11,761.2
Financial Considerations
- Tax Amount: $2,476.17
- Tax Year: 2026
- Terms: Cash, Conventional, FHA, VA Loan, USDA Loan
Disclosures and Reports
- Special Conditions: Standard
- APN: 1784616956
- Lot Number: 3
Listed by Lovette Properties LLC, Sandy Roberts (919) 740-3440
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Schools
Schools serving 502 N Cypress St
School District:Wake County Schools
| Name | Grades | Distance |
|---|---|---|
Wendell Elementary 3355 Wendell Boulevard, Wendell, NC 27591 | PK-5 | 0.1 mi |
Wendell Middle 3409 North Carolina 97, Wendell, NC 27591 | 6-8 | 1.8 mi |
East Wake High School 5101 Rolesville Road, Wendell, NC 27591 | 9-12 | 3.6 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 N Cypress St
Date
Details
Price
Change
Source
8/18/2026
Price Reduced
$292,500
-1.68%
MLS
7/23/2026
Listed
$297,500
—
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 502 N Cypress St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$2,388
2%
$214,540
—
2024
$2,348
82%
$214,540
129%
2023
$1,287
9%
$93,806
—
2022
$1,178
2%
$93,806
—
2021
$1,160
3%
$93,806
—
2020
$1,129
11%
$93,806
26%
2019
$1,015
5%
$74,605
—
2018
$965
3%
$74,605
—
2017
$936
1%
$74,605
—
2016
$925
-6%
$74,605
-6%
2015
$985
3%
$79,742
—
2014
$955
4%
$79,742
—
2013
$920
—
$79,742
—
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 502 N Cypress St
502 N Cypress Street, Wendell, NC 27591 (MLS# 10182471) is a Duplex property with 3 bedrooms and 2 full bathrooms. 502 N Cypress Street is currently listed for $292,500 and was received on July 23, 2026. Want to learn more about 502 N Cypress Street? Do you have questions about finding other Duplex real estate for sale in Wendell? You can browse all Wendell real estate or contact a Coldwell Banker agent to request more information.

