314 Culvert St Apex, NC 27502
Property details
About 314 Culvert St
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.
Highlights
Summary
- Partial Bathrooms: 2
- Full Bathrooms: 2
- Appliances: Dishwasher, Electric Range, Range, Refrigerator, Washer/Dryer
- Basement: No
- Flooring Type: Carpet, Laminate, Luxury Vinyl
- Total Bedroom Count: 4
- Attached Garage: No
- Private Pool: No
- Parking: Off Street, Parking Lot
- Exterior: None, Private Yard
- Heating: Forced Air, Gas Pack
- Cooling: Central Air
- List Price: $550,000
- Price/SqFt: $272
- Annual Tax Amount: $3,918
- Tax Year: 2024
- Lot: Few Trees
- Directions: Two blocks from downtown Apex at the corner of Culvert and N. Mason.
- Year Built: 1974
- Living Area: 2,021 SqFt
- Lot Size: 0.23 Acres
- MLS Number: 10096877
- MLS Name: Doorify MLS
- Office Name: Berkshire Hathaway HomeService
- Office Phone: (919) 859-3300
- Office Email: player.murray@bhhsysu.com
- Listing Agent: Beth Randall
Copyright © 2025 Doorify MLS of North Carolina. All rights reserved. Listings marked with a Doorify MLS icon are provided courtesy of the Doorify MLS, of North Carolina, Internet Data Exchange Database. Brokers make an effort to deliver accurate information, but buyers should independently verify any information on which they will rely in a transaction. The listing broker shall not be responsible for any typographical errors, misinformation, or misprints, and they shall be held totally harmless from any damages arising from reliance upon this data. This data is provided exclusively for consumers’ personal, non-commercial use.
Properties subject to prior sale, change, withdrawal or rental. Closed (sold) listings may have been listed and/or sold by a real estate firm other than the firm(s) featured on this website. Closed data is not available until the sale of the property is recorded in the MLS. Home sale data is not an appraisal, CMA, competitive or comparative market analysis, or home valuation of any property.
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Last updated on: 5/18/2025, 12:50:32 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$550,000
314 Culvert St
$6,531
closing credit¹
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Price information
Property sales
Date | Event | Price |
---|---|---|
Jan 26, 2017 | Home Sold | $222,500 |
Sep 28, 2006 | Home Sold | $147,500 |
Tax history
Year | Assessment | Property Tax |
---|---|---|
2024 | $454,386 | $3,918 |
2023 | $226,938 | $2,529 |
2022 | $226,938 | $2,376 |
2021 | $226,938 | $2,286 |
2020 | $226,938 | $2,263 |
2019 | $174,667 | $1,907 |
2018 | $174,667 | $1,777 |
History based on county public records data.
Nearby schools
7
Baucom Elementary School
Public District PK-5
0.6 mi
•400 Hunter St
4
Apex Elementary School
Public District PK-5
0.8 mi
•700 Tingen Rd
7
Salem Elementary School
Public District PK-5
1.8 mi
•6116 Old Jenks Rd
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $58,868. The most common annual income of people living in Apex, NC is between $35k-100k. Residents typically live in single, no kids family. Typical level of education for residents in this area is post secondary degree.
Frequently asked questions
Living in Apex, NC
Transportation in Apex includes a variety of options for residents. The town benefits from a network of roads and highways that connect it to neighboring cities and facilitate easy travel. Public transportation services are available, providing connections to key areas within the town and beyond. The community is also increasingly bike-friendly, with dedicated lanes and trails that encourage cycling as a mode of transport. While ride-sharing services are present, they complement the existing transportation infrastructure, offering additional flexibility for residents.
Apex provides a comprehensive array of services to its residents. The educational landscape includes several public schools that cater to different age groups, along with private educational institutions that offer alternative learning environments. Healthcare services are accessible, with clinics and a hospital that provide a range of medical care. The town also features a public library system that serves as a resource for learning and community engagement. Retail and dining options reflect the local culture, with a mix of independent shops and restaurants that highlight the town's unique flavor.
Apex prides itself on its small-town atmosphere combined with the conveniences of a growing city. The community is known for its historic downtown area, which hosts a variety of events throughout the year that showcase local culture and foster a sense of togetherness. The town's greenways and parks contribute to its serene character, offering residents and visitors alike a peaceful retreat from the hustle and bustle of daily life.
The housing landscape in Apex is characterized by a blend of architectural styles, with single-family homes being the most prevalent, reflecting a suburban charm. The market is diverse, offering a mix of modern, traditional, and craftsman designs. A significant portion of the homes were constructed during the late 20th century, with a focus on family-friendly features and community integration. The homeownership rate in Apex is robust, with a majority of residents owning their homes, while a smaller yet substantial segment of the population opts for rental opportunities.
About 314 Culvert St
This home is located at 314 Culvert St in Apex, NC and zip code 27502. This 2,021 square foot home, which was built in 1974, sits on a 0.23 acre lot. Features: 4 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since May 16, 2025 and is currently priced at $550,000.
While more than 31 listings in Apex, NC in April 2025 were sold above asking price, there were more than 20 listings sold at asking price, and more than 52 were sold below. Between March and April 2025, Apex, NC real estate market has seen increase in the number of listings by 20.9%. In April 2025 median list price was $610,992 and the average listing age was 19 days.