Apex, NC 27502 314 Culvert Street

Pending
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Presented By: Berkshire Hathaway HomeService;
  • MLS# 10096877
  • 05/16/2025
  • Request Tour
  • Request Info
  • Beds • 4
  • Full/Half Baths • 2 / 2
  • SQFT • 2,021

Home Details

Don't miss this exceptional chance to own a two-unit residence ideally situated in the vibrant and rapidly growing downtown district of Apex. Since 2017, the owners have completed an exterior facelift with new fiber cement siding and trim, windows and front door (Unit 4), replaced sliding doors and rebuilt decks and HVAC systems. Unit 4 (left side) has undergone an interior renovation including updated flooring, cabinetry, appliances, countertops, and fixtures. Unit 3 (right side) is occupied by a long-term, month-to-month tenant and has not been renovated. Unit 4 is currently operating as a successful turnkey short-term rental, averaging $2,300/month in income for 2023-24. This unit is being sold fully furnished offering immediate income potential with no additional investment required. Apex has seen nearly 18% population growth since 2020, and the greater Triangle region continues to attract over 56 new residents daily, driving strong demand for both short- and long-term rentals. This property offers a unique blend of immediate cash flow, flexibility, and long-term appreciation potential. Property is being sold as-is.
Presented By: Berkshire Hathaway HomeService;

Interior Features for 314 Culvert Street

Bedrooms

Total Bedrooms4

Bathrooms

Half Baths2
Total Baths4

Other Interior Features

LivingAreaSourceAppraiser
Above Grade Finished Area2021
Above Grade Finished Area SourceAppraiser
Above Grade Finished Area Unit TypeSquare Feet
Air Conditioning Y/NYes
BasementCrawl Space
Below Grade Finished Area
Below Grade Finished Area Unit TypeSquare Feet
Common Walls1 Common Wall
Fireplace Y/NNo
FlooringCarpet, Laminate, Vinyl
Heating Y/NYes
Laundry FeaturesIn Unit

General for 314 Culvert Street

AppliancesDishwasher, Electric Range, Range, Refrigerator, Washer/Dryer
Association AmenitiesNone
Attached Garage No
Building Area UnitsSquare Feet
Carport Y/NNo
CityApex
Community FeaturesNone
Construction MaterialsCement Siding
CoolingCentral Air
CountyWake
DirectionsTwo blocks from downtown Apex at the corner of Culvert and N. Mason.
Elementary SchoolWake - Apex Elementary
Full Baths2
Garage Y/NNo
HOANo
HeatingForced Air, Gas Pack
High SchoolWake - Apex
Lease Considered Y/NNo
LevelsTwo
Living Area UnitsSquare Feet
Lot Size Square Feet10018.8
Lot Size UnitsSquare Feet
Middle/Junior High SchoolWake - Apex
ModificationTimestamp2025-06-19T19:18:40.000Z
New ConstructionNo
Number Of Units Total2
Ok to LeaseMonth To Month
Open Parking Spaces4
Pool FeaturesNone
Property Attached Y/NNo
Property SubtypeDuplex
Property TypeResidential Income
RoofMetal
Senior Community Y/NNo
SewerPublic Sewer
Standard StatusPending
StatusPending
Stories2
Structure TypeDuplex
Subdivision NameNot in a Subdivision
Tax Annual Amount3918.18
UtilitiesElectricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Year Built1974

Exterior for 314 Culvert Street

Building Area Total2021
Exterior AmenitiesPrivate Yard
FencingNone
Foundation DetailsConcrete Perimeter
Horse Y/NNo
Lot FeaturesFew Trees
Lot Size Acres0.23
Lot Size Area10018.8
Open Parking Y/NYes
Parking FeaturesOff Street, Parking Lot
SpaNo
Water SourcePublic
Waterfront Y/NNo

Additional Details

Price History

Schools

High School Wake - Apex High School
Middle School Wake - Apex Middle School
Elementary School Wake - Apex Elementary

Nina Gervase

Realtor
Price $550,000
MLS#10096877
List Date 05/16/2025
Property Type Pending
Phone 919.323.0880
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