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Sold on 07/09/2025
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12600 Old Stage Rd, Willow Spring, NC 27592

$683,000

Last sold 07/09/2025 for $775K

  • 20

    bed

  • 12

    bath

  • 10,823

    Sqft ($72/Sqft)

House not for sale

About 12600 Old Stage Rd

Property type House
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: Doorify MLS mls logo
MLS#10102712 • last updated 10 months ago
Movoto checked Doorify MLS for data 2 minutes ago
Overview
Cooling/AC Other
Heating See Remarks
Levels/Style One, Ranch, 1
MLS # 10102712
Type Residential
Status Closed
SubType Duplex
Living Area 10823
Lot Size (SqFt) 375050
Lot Size (Acres) 8.61
Property Tax 2474.3
Year Built 1920
Interior
Total # of Bathrooms 12
# of Full Baths 12
Total # of Bedrooms 20
Total # of Rooms 1
Flooring Vinyl
Exterior
Foundation Concrete, Slab
Roof Shingle
Construction Concrete
# of Open Parking Spaces 20
# of 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
Lot/ Land Details
Road Responsibility Public Maintained Road
$683K
Range: $450K-$915K
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
  • Year Property taxes Tax assessment
  • 2025
    $2,539 +2.6%
    $350,129
  • 2024
    $2,474 -40.7%
    $350,129 -29.57%
  • 2023
    $4,176 +7.3%
    $497,102
  • 2022
    $3,890 +2.6%
    $497,102
  • 2021
    $3,793 +1.6%
    $497,102
  • 2020
    $3,735 -7.9%
    $497,102 +8.08%
  • 2019
    $4,056 +13.6%
    $459,953
  • 2017
    $3,570 +1.7%
    $459,953 -0.22%
  • 2016
    $3,511 -5.6%
    $460,953
  • 2015
    $3,720
    —
  • 12600 Old Stage Rd
    $775K
  • —
  • 27592
    $424K -8% y/y
  • Willow Spring
    $424K -8% y/y
No chart available
Statistics calculated by Movoto
Est. value Bed/bath Sqft mi
8205 Panther Lake Rd, Willow Spring, NC 27592 $346,000 —/1 768 0.11
8129 Panther Lake Rd, Willow Spring, NC 27592 $514,000 —/— 2,293 0.21
2504 Carlie Adams Rd, Willow Spring, NC 27592 $612,000 —/2 3,427 0.21
12808 Old Stage Rd, Willow Spring, NC 27592 $415,000 3/2 2,239 0.22
12643 Old Stage Rd, Willow Spring, NC 27592 $793,000 —/— 1,586 0.24
8121 Panther Lake Rd, Willow Spring, NC 27592 $427,000 —/2 1,340 0.26
12830 Old Stage Rd, Willow Spring, NC 27592 $242,000 —/2 1,392 0.27
12800 Old Stage Rd, Willow Spring, NC 27592 $1,033,177 —/1 964 0.28

Estimated values are based on public record data and automated valuation models. Values are not guaranteed and may not reflect current market conditions.

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Source: GreatSchools.org © 2026. All rights reserved.

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