Awesome in investment opportunity in ever expanding Downtown Cary. This duplex currently has one unit leased through September 2017 and the other unit is ready for a new tenant. With easy access to Downtown Cary, shopping, and major highways, this will be a great location. Opportunities like this do not come around often so grab this one as quickly as possible!
Awesome in investment opportunity in ever expanding Downtown Cary. This duplex currently has one unit leased through September 2017 and the other unit is ready for a new tenant. With easy access to Downtown Cary, shopping, and major highways, this will be a great location. Opportunities like this do not come around often so grab this one as quickly as possible!
Public Records
Mar 16, 1995
Sold
$60,000
Year
Property tax
Land + Additions
Assessment*
2025
$7,403 (+2.2%)
$262,500 + $598,927
$861,427
2024
$7,243 (+25.0%)
$262,500 + $598,927
$861,427
2023
$5,793 (+3.9%)
$262,500 + $598,927
$861,427
2022
$5,577 (+2.1%)
$150,000 + $426,180
$576,180
2021
$5,465 (+283.5%)
$150,000 + $426,180
$576,180
2020
$1,425 (−24.5%)
$150,000 + $429,059
$579,059
2019
$1,887 (+6.5%)
$150,000
2018
$1,773 (+4.0%)
$88,000 + $84,526
$172,526
2017
$1,705
$88,000 + $84,526
$172,526
Tax history for 501 Ridgecrest Rd
Year
Property tax
Land + Additions
Assessment*
2025
$7,403 (+2.2%)
$262,500 + $598,927
$861,427
2024
$7,243 (+25.0%)
$262,500 + $598,927
$861,427
2023
$5,793 (+3.9%)
$262,500 + $598,927
$861,427
2022
$5,577 (+2.1%)
$150,000 + $426,180
$576,180
2021
$5,465 (+283.5%)
$150,000 + $426,180
$576,180
2020
$1,425 (−24.5%)
$150,000 + $429,059
$579,059
2019
$1,887 (+6.5%)
$150,000
2018
$1,773 (+4.0%)
$88,000 + $84,526
$172,526
2017
$1,705
$88,000 + $84,526
$172,526
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Public record
Permits
Beds
—
Baths
2.5
Stories
1
Lot width
—
Lot depth
—
Lot size
5,227 Sq. Ft.
Year renovated
2020
Sq. Ft.
2,338
Year built
2020
Style
Single Family Residential
County
Wake County
APN
0764.17 20 0067 000
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Aug 11, 2026.
Sep 7, 2023 • Final
Bldg - alteration residential
Remodel
May 29, 2021 • Final
Bldg- new sngl fam detached
New construction
Permit history is from public records and may be incomplete or inaccurate. Redfin and its agents make no representations about the property condition or permit status. Buyers should independently verify all information.
Property details
Parking
Parking Information
Parking Total: 1
Interior
Interior Features
Flooring: Carpet, Vinyl
Room Information
Crawl Space
Exterior
Building Information
Construction Materials: Brick
Building Area Total: 0.0
Lot Information
Lot Size Acres: 0.0
Lot Size Area: 0.0
Lot Size Square Feet: 0.0
Financial
Financial Information
Buyer Financing: Cash
Utilities
Utility Information
Sewer: Public Sewer
Water Source: Public
Heating & Cooling
Heating: Yes
Heating Information: Electric, Heat Pump, Natural Gas
Cooling: Yes
Cooling Information: Central Air
Location
Multi-Family Financial Information
Number Of Units Total: 2
Owner Pays: None
School Information
Elementary School: Wake - Cary
Middle Or Junior School: Wake - Reedy Creek
High School: Wake - Cary
Location Information
County Or Parish: Wake
Directions: Take W. Chatham street west out of Downtown Cary. Take 2nd exit from roundabout to stay on W. Chatham Street then turn LEFT on Ridgecrest Road. The Duplex will be on your right.
Latitude: 35.78329
Longitude: -78.79093
Postal Code: 27511
Public facts
Beds: —
Baths: 2.5
Sq. Ft.: 2,338
Stories: 1.0
Lot Size: 5,227 square feet
Style: Single Family Residential
Year Built: 2020
Year Renovated: 2020
County: Wake County
APN: 0764.17 20 0067 000
Home facts updated by county records on Aug 11, 2026
Other
Listing Date Information
Contract Status Change Date: 2017-06-01
Photos Change Timestamp: 2023-11-28T22:03:03Z
Around this home
Schools
Cary Elementary
Public PreK-5 • Assigned • 0.6mi
8/10
East Cary Middle School
Public 6-8 • Assigned • 1.4mi
8/10
Cary High
Public 9-12 • Assigned • 1.6mi
7/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
6/10 Heat Factor
7 days above 105° expected this year, 17 days in 30 years
6/10 Wind Factor
57% chance of strong winds in next 30 years
2/10 Air Factor
1 unhealthy days expected this year, 2 days in 30 years
Provided by First Street
Historical weather
Cary, NC • 27511
Average low and high temperatures (°F)
48
29
54
36
70
46
77
55
79
60
89
70
91
73
82
67
81
63
72
52
65
45
53
35
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 8.9 hours in
June and 5.1 hours in December, which is comparable to the
U.S. average for solar exposure.
8.9 hrs
5.1 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$737,000 – $892,000
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