500 Wait Ave #2, Wake Forest, NC 27587
Property image
Property image
OFF MARKET
  • Studio
  • 1 Bath
  • 936 sqft

500 Wait Ave #2, Wake Forest, NC 27587

Home Value

Learn more about this home's value by checking out the value of nearby homes and how much similar homes have sold for.

Comparable sales

These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.
Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
705 Grove Edge Ln #100, Wake Forest, NC
1.64
Apartment
$290,000
06/24/26
3
2.5
1,576
8023 Perry Creek Rd, Raleigh, NC
6.89
Apartment
$220,000
08/11/26
3
2.5
1,437
Home facts updated by county records

Nearby home prices

Get a sense of expected prices in the area by checking the value of nearby homes.
Address
Distance
Price
Bed
Bath
Sqft
Status
156 N White St #100, Wake Forest, NC 27587
0.07
$324,500
2
2.5
1,577
Off Market
431 Wait Ave #100, Wake Forest, NC 27587
0.07
$310,500
2
2.5
1,536
Off Market
437 Wait Ave #200, Wake Forest, NC 27587
0.07
$363,600
3
2.5
2,463
Off Market
104 N Franklin St, Wake Forest, NC 27587
0.07
$374,000
4
3
1,960
Off Market
437 Wait Ave #100, Wake Forest, NC 27587
0.07
$301,300
3
2.5
1,536
Off Market
431 Wait Ave #200, Wake Forest, NC 27587
0.07
$361,400
3
2.5
2,463
Off Market
433 Wait Ave #100, Wake Forest, NC 27587
0.07
$318,300
2
2.5
1,555
Off Market
435 Wait #100, Wake Forest, NC 27587
0.07
$298,200
2
2.5
1,525
Off Market
425 Wait Ave #100, Wake Forest, NC 27587
0.07
$319,400
3
2.5
1,536
Off Market
113 N Franklin St #100, Wake Forest, NC 27587
0.08
$292,600
2
2.5
1,576
Off Market
109 N Franklin St #200, Wake Forest, NC 27587
0.08
$388,300
3
2.5
2,433
Off Market
111 N Franklin St #200, Wake Forest, NC 27587
0.08
$354,800
3
2.5
2,512
Off Market

Local Information

  • Map ViewExplore the area around 500 Wait Ave #2.
  • Schools1 Preschool School1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Property Type
Apartment
Living Area
936 sqft

About this House

Nice executive office suite near Wake Forest Downtown, in the corner of S Franklin St at 500 Wait Ave. 9 office condos in two buildings, all one-story. Unit #2 has 936 sq ft, including three rooms and bathroom. Excellent conditions. Rent is $12 per sq ft per year NNN, plus TICAM $4 per sq ft per year, total $16 per sq ft per year. Monthly rent including TICAM for the 936 sq ft is $1250. Security deposit $1250. For business with great potential, rent including TICAM may be reduced to $1200 per month. To stop robocalls, my phone is set "silence unknown callers". You may send text message or leave a voicemail the first time, I will reply ASAP.
500 Wait Ave #2, Wake Forest, NC 27587 is a studio, 1 bathroom, 936 sqft apartment. More recently, it was listed as a rental in January 2020 with an asking price of $1,250 per month. That rental listing was removed on March 24, 2021. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate rent is $1,571/month.

Home Details for 500 Wait Ave #2

Interior Features

Heating & Cooling
Heating: Forced AirHeating Fuel: Forced Air

Property Information

Property Type / Style
Property Type: Apartment

Exterior Features

Parking & Garage
Parking: Off Street

Price and Tax history

DateEventPrice
Mar 24, 2021
Source: N/A
ListingRemoved
Feb 27, 2020
Source: N/A
ListingRemoved
$1,250
Jan 27, 2020
Source: N/A
Listed For Rent
$1,250
Aug 7, 2018
Source: N/A
ListingRemoved
$1,095
Aug 6, 2018
Source: N/A
PriceChange
$1,095
Price decreased by 5%

Market trends in Wake Forest

Last updated July 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$548K
$3.58KMoM
Sale-to-List Price
99.1%
0.4%MoM
Price per sq ft
$217
$4MoM
Available listings
510
13MoM

Around this home

What Locals Say about Wake Forest

At least 410 Trulia users voted on each feature.

  • 94 % Say car is needed

  • 93 % Say it's dog friendly

  • 87 % Say parking is easy

  • 83 % Say there's holiday spirit

  • 80 % Say people would walk alone at night

  • 79 % Say yards are well-kept

  • 76 % Say kids play outside

  • 75 % Say there are sidewalks

  • 73 % Say it's quiet

  • 68 % Say streets are well-lit

  • 64 % Say neighbors are friendly

  • 59 % Say they plan to stay for at least 5 years

  • 58 % Say there's wildlife

  • 49 % Say there are community events

  • 36 % Say it's walkable to restaurants

  • 33 % Say it's walkable to grocery stores

Sourced by Trulia users. Learn more about our methodology.
  • Trulia User
    "There is a dog park and trails, also waste bag stations "
    0
    Flag
  • Elizabeth Miller
    "Dog friendly neighborhood with periodic dog cleaning stations"
    0
    Flag
  • Terri Coleman
    "I have lived in Wake Forest since 2004. Wake Forest has not done the best with infrastructure, but we have liked the neighborhoods we have lived in. "
    0
    Flag
  • Elizabeth Miller
    "Lovely town with quaint feel but near larger cities of Raleigh and Durham with loads of shops and medical resources."
    0
    Flag
  • Lou 3000
    "Everyone normally cleans after their pups and keeps them leashed. Neighborhood is normally clean and neighbors normally tend to their lawn."
    0
    Flag
  • Taliaxo194
    "So far so good. 4 months in. Everyone is super “neighborly” Would recommend to families. "
    0
    Flag
  • Itriplie94
    "I drive 18min to get to work grocery stores are nearby and fast food is nearby as well I drive 10min to closest car charger"
    0
    Flag
  • Dakotac
    "Feels like a hallmark town. Stuff around but not overcrowded feeling!! Lots of greenery & a cute downtown"
    0
    Flag
  • Lou 3000
    "The neighborhood has a lot of side walks. There are also many hills in this neighborhood. Walking trails are near so this is perfect for dog walking. "
    0
    Flag
  • Lou 3000
    "Many walking trails, libraries and other extracurricular activities available for kids. Not many sidewalk accessibility other than main neighborhood."
    0
    Flag
  • Danielle Livingston
    "I am not familiar with community events that make our neighborhood feel special. There is Friday Night on White; it is not special. "
    0
    Flag
  • Madison Smith
    "Lots of families and group events. Everyone is friendly and I feel safe in this area. Would recommend "
    0
    Flag
  • Monica.ortega70
    "Nice quiet neighborhood with well kept homes with huge property lots. Family oriented neighborhood "
    0
    Flag
  • Madison Smith
    "Very friendly neighbors, great community that respects each other. Not sure about schooling because my little is 1 but I’ve heard good things."
    0
    Flag
  • Monica.ortega70
    "Big yards for dogs to play in. Friendly neighborhood for walking your dog. Many parks and trails to take your dog on hikes. "
    0
    Flag
  • Brittany Brathwaite
    "Really nice area for family and enjoyable living. Plenty of fun things to do. You will need transportation. Some residents like to complain because the sky is blue - but other than that, great place to live outside of Raleigh. "
    0
    Flag
  • Michael Roberti
    "The commute to Morrisville and back is brutal. Lots of traffic on US 1 and 540. Accidents every day. People drive like maniacs weaving in and out of traffic. It is the only drawback to living here."
    0
    Flag
  • Vhfdbgt7kd
    "We have a neighborhood pool with snack bar and bar which families can join. Kids can then participate in swim team. "
    0
    Flag
  • Brittany Brathwaite
    "All of the people here are very friendly except for the few that seem to forget what it’s like to be a kid (or teenager) and enjoy being alive!"
    0
    Flag
  • Sally Dixon
    "Location location location! Lots of community events, town events lots to do and see. Beautiful greenway and lots of amenities! "
    4
    Flag
  • Brittany Brathwaite
    "There are great families, schools parks and resources for everyone. But not many outlets for teens. "
    0
    Flag
  • Ljaddison
    "The community is walkable and has ample walking and bike trails, a large community pool, and all grounds are well maintained. "
    1
    Flag
  • Brittany Brathwaite
    "People walk their dogs and for the most part, they’re responsible for the pet’s waste. Unfortunately, people are less tolerable of middle school age children and high schoolers simply being kids. "
    1
    Flag
  • PegH
    "A real sense of community. We all look out for each other; never is it as obvious as when the last bad storm came through. Everyone was out the next morning helping to clean up tree limbs and leaves from the entire cut-de-sac, not just their own yard, sharing tools, equipment and man power. "
    0
    Flag
  • Peggymhaas
    "We’ve lived here for 14+ years and love it. This little town has so much to offer; great restaurants, theater, parks, greenways and wonderful people! "
    9
    Flag
  • Andrew W.
    "Pools are awesome. Neighbors are awesome. Convenient to everything you need. Great community! "
    0
    Flag
  • Lwbenn
    "A bit of traffic around 4:00 to 6:00pm. My neighborhood is gated and has a very nice, exclusive Country Club. My neighborhood has it’s very own private security service and they constantly patrol the neighborhood."
    9
    Flag
  • Camcolwill
    "This is a good neighborhood to raise children. The only concern I would have as a parent of a teenager would be them learning to drive in heavy traffic"
    0
    Flag
  • Patsy
    "Schools are great. Very family oriented there is something for everyone in Wake Forest. Lots of nature & not far from Raleigh."
    0
    Flag
  • Naresh G.
    "Quiet, not crowded No traffic Nice neighbors Family friendly community Plenty of supermarkets Awesome trails for hiking "
    0
    Flag
  • Camcolwill
    "Community events in the park and on the Main Street are popular events for the community. The farmers market and the dog park are also popular"
    0
    Flag
  • Kingangel73
    "Wake Forest is warm and welcoming. It is family oriented and pet friendly. The school are great and there's tons of things to do. "
    0
    Flag
  • Patsy
    "Challenging at peak times of the day, considering I am commuting to and from Raleigh for work. Capital Blvd & Louisburg can be a nightmare."
    0
    Flag
  • Peggymhaas
    "I am retired but when I was working I worked in Cary, NC which generally required a 45 minute to 1 hour commute."
    4
    Flag
  • Peggymhaas
    "N/A. Retired but when I did work it was a 45 minute drive to Cary, NC. If I took Capital Blvd. the drive time could be an hour or more. "
    3
    Flag
  • Peggymhaas
    "I am retired. When I worked my commute was 40+ minutes. However, it was quite scenic, crossing the lake and past several horse farms. "
    1
    Flag
  • WF Resident
    "There are quite a few dog owners in my neighborhood. Most are responsible owners, but there are those that walk their dogs at night and allow them to relieve themselves in their neighbors yards. This is the part I dislike. I sit on my porch at night and you wouldn’t believe the things I see dog owners allow their dogs to do."
    10
    Flag
  • Peggym
    "Meet in the Street, Friday Night on White, MardiGras, the lighting of the Christmas Tree all make Wake Forest special. "
    4
    Flag
  • Julie B. .
    "Dog owners walk their dogs and there are trails in the common area for dogs to run. The lots sizes are big enough to have privacy from other neighbors. Fences are allowed. "
    0
    Flag
  • Kerryjuliekane
    "Ladies night out. Walking with friends. Bells lake access for fun trails. Fall pizza gathering in culdesac. "
    0
    Flag

LGBTQ Local Legal Protections

Frequently asked questions about 500 Wait Ave #2

  • Is Wake Forest a buyer's or seller's market?
    Wake Forest is currently a buyer's market, based on recent for-sale activity.
  • What's the median sale price in Wake Forest?
    The median sale price in Wake Forest is $548K. That is up $3.58K from the prior month.
  • What do residents say about Wake Forest?
    Residents describe Wake Forest, NC as dog-friendly, easy to park in, and well-kept. Most residents say you need a car. See recently sold homes in Wake Forest, NC.
  • What are the closest schools to 500 Wait Ave #2?
    The closest schools to 500 Wait Ave #2 in Wake Forest, NC are Heritage Elementary (Pre-K, rated 9/10), Heritage Middle (rated 10/10), Wake Forest High School (rated 7/10).
  • Does 500 Wait Ave #2 have parking?
    Yes, 500 Wait Ave #2 in Wake Forest, NC has on-site parking.

Explore by feature - Pet Friendly

138 pet-friendly rentals in Wake Forest, NC

Explore by feature - Garage

117 rentals with a garage in Wake Forest, NC

Explore by feature - Air Conditioning

115 rentals with air conditioning in Wake Forest, NC

Explore by feature - Pool

95 rentals with a pool in Wake Forest, NC

Explore by feature - Washer/dryer

118 rentals with a washer/dryer in Wake Forest, NC

Explore by feature - Outdoor Space

40 rentals with an outdoor space in Wake Forest, NC

Apartments for Rent

Skip to last item
Skip to first item

Off Market Homes Near 500 Wait Ave #2

Skip to last item
Skip to first item

Homes for sale near 500 Wait Ave #2

Skip to last item
  • Results are loading
Skip to first item
Skip to last item
  • Results are loading
Skip to first item