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$210,000
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Property Description
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!
Full Property Details
Full Property Details for MLS# 100591586
General
- Price: $210,000
- Taxes: $1,303 (2025)
- Status: Active
- Type: Duplex
- Source: 2253
- MLS ID: 100591586
- Updated: 8/20/2026
- Added to Site: 23 day(s) ago
Interior
- Interior Features: None
- Furnishings: Unfurnished
Rooms
Bathrooms
- Total Bathrooms: 2
Bedrooms
- Total Bedrooms: 2
Exterior
- Exterior Features: None
- Porch/Patio/Deck: See Remarks, Patio
Parking
- Parking Features: Unpaved, Off Street
Location
- County: Duplin
- Subdivision: Not In Subdivision
- Driving Directions: I40 W to to Hwy 117 in Wallace, make left on Main Street, Left on H.C. Powers Rd, travel about 1/2 mile, property on left
School Information
- Elementary School: Wallace
- Middle School: Wallace
- High School: Wallace-Rose Hill
Community
- Units Assoc/Comm: 2
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Wall/Window Unit(s)
- Heating Type: Baseboard, Electric
Utilities
- Sewer: Septic Tank
- Water: Community Water
- Utility Description: Cable Available, Water Available, Electricity Available, Electricity Connected, Water Connected
Structural Information
- Construction: Block
- Basement Desc.: None
- Roof: Architectural Shingle
- Square Feet: 1,100
- Year Built: 2024
Lot Features
- Lot Size (Acres): 1
- Lot Size (Sq. Ft.): 43,560
- Lot Dimensions: 240 x 175
- Frontage: City Street, State Road
- Lot Features: Corner Lot
- Zoning: none
- Fencing (Description): None
Green Features
- Building Certification: None
Financial Considerations
- For Sale: Yes
- Price Per Sq. Ft.: $190.91
- Assessment Amount: $183,600
- Tax Amount: $1,303.4
- Tax Year: 2025
- Tenant Pays: Electricity, Pest Control, Sewer, Water
Disclosures and Reports
- Special Conditions: Standard
- Legal Description: LOT 2R
- Property ID: 093804 1 1
- Block: 411
Listed by J Blackman Real Estate, Janiel L Blackman
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Schools
Schools serving MLS# 100591586
School District:Duplin County Schools
| Name | Grades | Distance |
|---|---|---|
Wallace Elementary 4266 North Carolina 11, Wallace, NC 28466 | PK-8 | 3 mi |
Wallace-Rose Hill High 602 High School Road, Teachey, NC 28464 | 9-12 | 3 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for MLS# 100591586
Date
Details
Price
Change
Source
7/30/2026
Listed
$210,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for MLS# 100591586
MLS# 100591586, Wallace, NC 28466 (MLS# 100591586) is a Duplex property with 2 bedrooms and 0 full bathrooms. MLS# 100591586 is currently listed for $210,000 and was received on July 30, 2026. Want to learn more about MLS# 100591586? Do you have questions about finding other Duplex real estate for sale in Wallace? You can browse all Wallace real estate or contact a Coldwell Banker agent to request more information.
