20250708_140902 - 1015 Wait Avenue, Wake Forest, NC 27587
Renovation (1) - 1015 Wait Avenue, Wake Forest, NC 27587
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Renovation2 (1) - 1015 Wait Avenue, Wake Forest, NC 27587
22 photos

$299,000

1015 Wait Avenue, Wake Forest, NC 27587
Wake Forest, NC 27587
Listed by Sheryl Merritt · New Legacy Realty
Bedrooms
4
Bathrooms
2
Living area
N/A
Year built
1948

About this home

Seller Financing available. Looking for space, character, and an incredible opportunity to build equity in Wake Forest? Welcome to 1015 Wait Avenue! We've just had a price improvement, making this classic home an even bigger value for buyers looking to put down roots near the heart of town. Unbeatable location, just minutes from historic downtown Wake Forest, local dining, shops, and greenways Make It Yours with a Renovation Loan! Did you know you don't need a huge pile of cash on hand to update a home? This property is the perfect candidate for a renovation loan (like an FHA 203k or Conventional HomeStyle loan).

Property details

MLS
Doorify MLS
MLS #
10107868
Property type
Single Family Residence
Subdivision
Not in a Subdivision
Status
Active
Days on market
441
On market date
February 3, 2026
Stories
N/A
Total bathrooms
2
Garage spaces
N/A
Parking spaces
N/A
Lot size
0.8 acres
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Nearby schools

Within 10 miles. School directory data from the National Center for Education Statistics (NCES), accessed via the Urban Institute Education Data API. Local Score is calculated by INNOVATE Real Estate; where a state rating is shown, it comes from that state's own official school report card.

Elementary
Richland Creek Elementary
2.69 mi away · Grades -1-5
Zoned school (attendance boundary, 2015-16 data)
4.0
Local Score (state rating (2025) blended 70/30 with student-teacher ratio) -- not an official state rating
State rating: B (2025)
Enrollment
476
Student:teacher ratio
12.2:1
District
Wake County Schools
Middle
Wake Forest Middle School
2.36 mi away · Grades 6-8
Zoned school (attendance boundary, 2015-16 data)
2.3
Local Score (state rating (2025) blended 70/30 with student-teacher ratio) -- not an official state rating
State rating: D (2025)
Enrollment
1,122
Student:teacher ratio
17.0:1
District
Wake County Schools
High
Vernon Malone College and Career Academy
17.31 mi away · Grades 9-13
Zoned school (attendance boundary, 2015-16 data)
4.0
Local Score (state rating (2025) blended 70/30 with student-teacher ratio) -- not an official state rating
State rating: B (2025)
Enrollment
342
Student:teacher ratio
14.9:1
District
Wake County Schools

Walkability

Blended score for Wake Forest's center, calculated by INNOVATE Real Estate from two sources: the EPA's National Walkability Index (street network, transit, land-use mix) and Google Places amenity data (what's actually reachable on foot from this point). 60% EPA National Walkability Index + 40% nearby-amenity density (Google Places).

44
Somewhat walkable
out of 100
EPA National Walkability Index
9.8 / 20 -- Below average walkable
Google Places amenity density
35 / 100
Restaurants & cafes0
Grocery stores1
Parks7
Schools5
Transit stops0
Pharmacies0

Market position

How this listing compares to current activity in Wake Forest, from live MLS data.

On the market 441 days -- 350 more days than Wake Forest's current average of 91 days.
For reference, the median list price across 639 active listings in Wake Forest right now is $465,000.

Mortgage calculator

Estimate only - actual rate and payment depend on your lender, credit, and loan program.

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Est. monthly payment
$1,951/mo
$59,800 down
$239,200 loan
Principal & interest$1,551
Property tax (est.)$249
Home insurance (est.)$150

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Data source: Listing information provided by Doorify MLS via Trestle/CoreLogic. Last updated 12 days ago.

Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.