Movoto Real Estate
Sold on 07/10/2025
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12600 Old Stage Rd, Willow Spring, NC 27592

  • $680,000

    Last sold 07/10/2025 for $775K

  • 20

    bed

  • 12

    bath

  • 10,823

    Sqft ($72/Sqft)

Multi-family not for sale
Movoto is helping 7 homebuyers near you

About 12600 Old Stage Rd

Property type Multi-family
Neighborhood
Year built 1920
HOA fee $0/month
Lot size 8.61 Acre
Movoto estimate
Property description
A rare opportunity to acquire a high-performing rental portfolio generating over $100,000 in annual rental income with a 10% CAP rate. This 8.6-acre property includes 5 single-family homes and 4 duplexes (12 doors total)—most of the homes have been extensively renovated and are leased through February 2026, with just one unit currently on a month-to-month lease. The homes are in move-in ready condition, offering a turnkey solution for investors seeking immediate cash flow. Strategically located near Panther Lake, this property also provides potential for creative long-term exit strategies, future development, or value-add opportunities. A vacant duplex on-site presents the possibility to increase the portfolio to 14 total units, further enhancing returns. With room to raise rents and long-term growth potential, this property offers both stability and upside for savvy investors.
Listed by
Listing Agent - Robert William Buesser
Listing Office - DASH Carolina
Source: Triangle MLS mls logo
MLS#10102712 • last updated 1 year ago
Movoto checked Triangle MLS for data 4 minutes ago
Overview
Cooling/AC Other
Heating See Remarks
Levels/Style One, 1, Ranch
MLS # 10102712
Type Residential
Status Closed
SubType Duplex
Living Area 10823, Square Feet
Lot Size (SqFt) 375051.6
Lot Size (Acres) 8.61
Property Tax 2474.3
Year Built 1920
Interior
Total # of Bathrooms 12
# Full Baths 12
# Bedrooms 20
Total # of Rooms 1
Flooring Vinyl
Exterior
Foundation Concrete, Slab
Roof Shingle
Construction Concrete
# Open Parking Spaces 20
Amenities / Utilities
Sewer/ Septic Septic Tank, Shared Septic
Water Source Shared Well
Location
County Wake
Subdivision Not In A Subdivision
Elementary School Wake - Willow Springs
Middle School Wake - Herbert Akins Road
High School Wake - Willow Spring
APN 696109576
$680K
Range: $598K-$761K
Last 30 days 
  • Jul 2025
    mls logo MLS # 10102712
  • Jul 10, 2025 Sold
    $775,000 (-7.2%)
  • Jun 17, 2025 Pending
  • Jun 12, 2025 Listed
    $835,000
  • 12600 Old Stage Rd
    $775K
  • Not In A Subdivision
  • 27592
    $429K -7% y/y
  • Willow Spring
    $429K -7% y/y
No chart available
Statistics calculated by Movoto

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7/10
6/10
Source: GreatSchools.org © 2026. All rights reserved.

Around Not In A Subdivision

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  • NC
  • Wake County
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  • 12600 Old Stage Rd
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