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For sale
    • $210,000

     Wallace, NC 28466

    2beds
    2baths
    1,100sqft
    Duplex
    Built in 2024
    -- sqft lot
    $-- Zestimate®
    $191/sqft
    $-- HOA

    What's special

    Approximately one acreOpen-concept layoutAmple outdoor space
    Exceptional Investment Opportunity - Two Income-Producing Homes on 1 Acre! Don't miss this rare opportunity to own two charming homes on approximately one acre, offering immediate rental income and long-term investment potential. The primary home features 640 square feet with 1 bedroom, 1 bathroom, and a welcoming 30-square-foot front patio. The second home is a 520-square-foot efficiency-style cottage with an open-concept layout and its own 25-square-foot front patio, making it an attractive option for tenants seeking comfortable, low-maintenance living. Both homes were built in 2024 and are currently tenant-occupied. One is leased through March 2027 providing a steady income stream from day one. The other is leased until September 2026. This makes the property an excellent opportunity for investors looking for an established rental property with reliable occupancy already in place. Situated on approximately one acre, the property offers ample outdoor space and potential for future possibilities, subject to local zoning and regulations. Wallace NC is a small town on I-40 that is convenient to Raleigh, NC and Wilmington, NC. Whether you're expanding your investment portfolio or seeking a unique property with built-in rental income, this versatile offering is one you won't want to miss. Schedule your private showing today!
    65 days
    185
    21

    Zillow last checked:

    Listing updated:

    Listed by:

    Janiel L Blackman 910-619-6008,

    J Blackman Real Estate

    Source: Hive MLS,MLS#: 100591586MLS LogoOriginating MLS: Cape Fear Realtors MLS, Inc.

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 2
      • Bathrooms: 2
      Dining room
      • Features: Combination
      Heating
      • Baseboard, Electric
      Cooling
      • Wall/Window Unit(s)
      Features
      • None
      • Basement: None
      • Attic: Access Only
      Interior area
      • Total structure area: 1,100
      • Total interior livable area: 1,100 sqft

      Property

      Parking
      • Parking features: Unpaved, Off Street
      Accessibility
      • Accessibility features: None
      Features
      • Levels: One
      • Patio & porch: See Remarks, Patio
      • Exterior features: None
      • Pool features: None
      • Fencing: None
      • View description: None
      • Waterfront features: None
      • Frontage type: See Remarks
      Lot
      • Size: 1 Acres
      • Dimensions: 240 x 175
      • Features: Corner Lot
      Details
      • Parcel number: 093804 1 1
      • Zoning: none
      • Special conditions: Standard

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Duplex
      Materials
      • Block, See Remarks
      • Foundation: Slab
      • Roof: Architectural Shingle
      Condition
      • New construction: No
      • Year built: 2024

      Utilities & green energy

      • Sewer: Septic Tank
      • Water: Public
      • Utilities for property: Cable Available, Water Available, Electricity Available, Electricity Connected, Water Connected
      Green energy
      • Green verification: None

      Community & HOA

      Community
      • Subdivision: Not In Subdivision
      HOA
      • Has HOA: No
      Location
      • Region: Wallace

      Financial & listing details

      • Price per square foot: $191/sqft
      • Tax assessed value: $183,600
      • Annual tax amount: $1,303
      • Date on market: 7/30/2026
      • Cumulative days on market: 65 days
      • Listing agreement: Exclusive Right To Sell
      • Tenant pays: Electricity, Pest Control, Sewer, Water
      • Electric utility on property: Yes

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        7/30/2026Listed for sale$210,000$191/sqft
        Source: Hive MLS #100591586 Report a problem

        Public tax history

        Tax history is unavailable.

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
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        Climate risks

        Neighborhood: 28466

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Wallace
        • Middle: Wallace
        • High: Wallace-Rose Hill

        Source: Hive MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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