12600 Old Stage Rd
Willow Spring, NC 27592
- 20 Beds
- 12 Baths
- 10,823 sqft (on 8.61 acres)
20 Beds
12 Baths
10,823 sqft
(on 8.61 acres)
Local Information
-- mins to
Home Highlights
Property Type
Multi-Family
Year Built
1920
Lot Size
8.61 acres
Living Area
10,823 sqft
Price/Sqft
$96
Parking
20 Open Spaces
About this House
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.
12600 Old Stage Rd, Willow Spring, NC 27592 is a 20 bedroom, 12 bathroom, 10,823 sqft multi-family built in 1920. It last sold for $775,000 on Jul 9, 2025 (7% below the $835,000 asking price). It is currently off market. The Trulia Estimate is $1,038,100, with a rent estimate of $1,274/month.
Home Details for 12600 Old Stage Rd
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Interior Details Number of Rooms: 1 |
Beds & Baths Number of Bedrooms: 20Number of Bathrooms: 12Number of Bathrooms (full): 12 |
Dimensions and Layout Living Area: 10823 Square Feet |
Heating & Cooling Heating: See RemarksHas CoolingAir Conditioning: OtherHeating Fuel: See Remarks |
Windows, Doors, Floors & Walls Flooring: Vinyl |
Levels, Entrance, & Accessibility Stories: 1Levels: OneFloors: Vinyl |
View Has a View |
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Exterior Home Features Roof: ShingleFoundation: Concrete, SlabNo Private Pool |
Parking & Garage Open Parking Spaces: 20No GarageHas Open ParkingParking Spaces: 20Parking: Open |
Frontage Not on Waterfront |
Water & Sewer Sewer: Septic Tank, Shared Septic |
Finished Area Finished Area (above surface): 10823 Square Feet |
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Year Built Year Built: 1920 |
Property Type / Style Property Type: ResidentialProperty Subtype: Duplex, ResidentialArchitecture: Ranch |
Building Construction Materials: ConcreteNot a New ConstructionAttached To Another Structure |
Property Information Parcel Number: 0696109576 |
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Price List Price: $835,000 |
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MLS Status: Closed |
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Direction & Address City: Willow SpringsCommunity: Not in a Subdivision |
School Information Elementary School: Wake - Willow SpringsJr High / Middle School: Wake - Herbert Akins RoadHigh School: Wake - Willow Spring |
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Building Area Building Area: 10823 Square Feet |
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No HOA |
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Lot Area: 8.61 Acres |
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Special Conditions: Standard |
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Mls Number: 10102712Above Grade Unfinished Area: 10823 |
Last check for updates: about 5 hours ago
Listed by Robert William Buesser, (201) 675-6780
DASH Carolina
Bought with: KEVIN Van Zyl, (919) 608-1306, Kevin Van Zyl
Source: Doorify MLS, MLS#10102712

Price History for 12600 Old Stage Rd
| Date | Price | Event | Source |
|---|---|---|---|
| 07/09/2025 | $775,000 | Sold | Doorify MLS #10102712 |
| 06/17/2025 | $835,000 | Pending | Doorify MLS #10102712 |
| 06/12/2025 | $835,000 | Listed For Sale | Doorify MLS #10102712 |
| 12/10/2021 | $350,000 | Sold | N/A |
| 04/27/2005 | $325,000 | Sold | N/A |
| 12/01/2004 | $271,000 | Sold | N/A |
Market trends in Willow Spring
Last updated June 2026
Avg. sale price
$450K
$21.17KMoM
Sale-to-List Price
—
Price per sq ft
$206
$1MoM
Available listings
65
13MoM
Property Tax and Assessment
| Year | 2025 |
|---|---|
| Tax | $2,539 |
| Assessment | $350,129 |
Home facts updated by county records
Comparable Sales for 12600 Old Stage Rd
Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
4.24 | Multi-Family Home | $375,000 | 12/30/25 | 4 | 2.5 | 1,908 |
Nearby homes
Get a sense of prices in the area by checking nearby homes.Assigned Schools
These are the assigned schools for 12600 Old Stage Rd.
What Locals Say about Willow Spring
At least 40 Trulia users voted on each feature.
96 % Say car is needed
89 % Say yards are well-kept
89 % Say parking is easy
79 % Say it's dog friendly
78 % Say there's holiday spirit
75 % Say there's wildlife
74 % Say people would walk alone at night
65 % Say kids play outside
64 % Say it's quiet
60 % Say neighbors are friendly
56 % Say they plan to stay for at least 5 years
43 % Say streets are well-lit
24 % Say there are community events
Sourced by Trulia users. Learn more about our methodology.
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Apartments for Rent
Homes for sale near 12600 Old Stage Rd
Off Market Homes Near 12600 Old Stage Rd

The MLS listing information displayed is deemed reliable, but is not guaranteed accurate by the MLS.
Copyright 2026 Doorify MLS of North Carolina. All rights reserved.
Copyright 2026 Doorify MLS of North Carolina. All rights reserved.

