About 132 W Vernon Avenue
Price improved for 1031 deadline! Situated in a National Register Historic District, this classic cottage presents a unique opportunity to own prime downtown location in Wake Forest. Perfectly positioned for a car-optional lifestyle, the home is just 0.3 miles from Wake Forest Magnet Elementary and the Seminary, with the shops and dining of White Street only a half-mile stroll away. This property is an ideal match for those looking to build equity in a high-demand area, rental income investors, and value-add investors. The National Historic Register status allows for a State and Federal Tax Credit on rehabilitation expenses for income-producing properties. This GR3 zoned lot is also primed for buyers seeking a high-end renovation endeavor or a two-story rebuild (Verify with HPC). This property offering is sold strictly AS-IS. An Inspection Report is available upon request. The Listing Agent is related to the Seller.
Features of 132 W Vernon Avenue
| MLS® # | 10148904 |
|---|---|
| Price | $224,900 |
| Bedrooms | 2 |
| Bathrooms | 1.00 |
| Full Baths | 1 |
| Square Footage | 880 |
| Acres | 0.19 |
| Year Built | 1940 |
| Type | Residential |
| Sub-Type | Single Family Residence |
| Style | Cottage |
| Status | Active |
Community Information
| Address | 132 W Vernon Avenue |
|---|---|
| Subdivision | Not in a Subdivision |
| City | Wake Forest |
| County | Wake |
| State | NC |
| Zip Code | 27587-2816 |
Amenities
| Utilities | Electricity Connected, Natural Gas Connected, Water Connected |
|---|---|
| Parking | On Site, Outside |
| Is Waterfront | No |
| Has Pool | No |
Interior
| Interior Features | Laminate Counters, Master Downstairs, Walk-In Shower |
|---|---|
| Appliances | Free-Standing Electric Range, Gas Water Heater |
| Heating | Electric, Forced Air, Gas Pack, Natural Gas |
| Cooling | Electric, Gas |
| Fireplace | No |
| # of Stories | 1 |
| Stories | One |
| Has Basement | No |
Exterior
| Exterior Features | Private Yard, Rain Gutters, Smart Light(s) |
|---|---|
| Lot Description | Back Yard, City Lot, Front Yard, Landscaped |
| Windows | Blinds |
| Roof | Asphalt, Fiberglass, Shingle |
| Construction | Cement Siding, Clapboard |
School Information
| Elementary | Wake - Wake Forest |
|---|---|
| Middle | Wake - Wake Forest |
| High | Wake - Wake Forest |
Additional Information
| Date Listed | February 26th, 2026 |
|---|---|
| Zoning | GR3 |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Office | eXp Realty, LLC - C |
|---|