$210,000
COMING SOON

Estimated payment $1,254/month

2 Beds
2 Baths
1,100 Sq Ft
1 Acre Lot

Highlights

  • 1 Acre Lot
  • Corner Lot
  • Cooling System Mounted To A Wall/Window
  • Attic
  • No HOA
  • Patio

About This Home

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--a cozy outdoor space perfect for relaxing.
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 and leased through March 2027, providing a steady income stream from day one. 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!

Listing Agent

Janiel Blackman

J Blackman Real Estate License #253168

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,303

Year Built

  • Built in 2024

Lot Details

  • 1 Acre Lot
  • Lot Dimensions are 240x175
  • Property fronts a state road
  • Corner Lot

Home Design

  • Duplex
  • Slab Foundation
  • Architectural Shingle Roof

Interior Spaces

  • 2 Bedrooms
  • 1-Story Property
  • Dining Area
  • Attic

Parking

  • Unpaved Parking
  • Off-Street Parking

Outdoor Features

  • Patio

Schools

  • Wallace Elementary And Middle School
  • Wallace-Rose Hill High School

Utilities

  • Cooling System Mounted To A Wall/Window
  • Baseboard Heating
  • Electric Water Heater
  • Cable TV Available

Community Details

  • No Home Owners Association
  • 2 Units
  • Park Manager: No

Listing and Financial Details

  • Assessor Parcel Number 093804 1 1

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,303

Year Built

Built in 2024

Lot Details

1 Acres

Listing Details

  • Property Type: Residential Income
  • Secondary Subdivision: N/A
  • Year Built: 2024
  • Property Sub Type: Duplex
  • View: See Remarks
  • Original List Price: 210000.00
  • Accessibility Features: None
  • Unit Levels: One
  • Is New Construction?: No
  • Island Or Mainland: Mainland
  • Prospect Exempt Y N: No
  • Remarks And Showing Info Recording Device Y N: No
  • Remarks Written By Agent Y N: Yes
  • List Price Per Sqft: 190.91
  • Special Features: 34

Interior Features

  • Basement: None
  • Interior Amenities: None
  • Furnished: Unfurnished
  • Total Bedrooms: 2
  • Room Types: Dining Area
  • Stories: 1
  • Bathrooms Total Source: MLS
  • Bathrooms Total Notational: 2.00
  • Attic Features: Access Only

Exterior Features

  • Exterior Features: None
  • Exterior Finish: See Remarks
  • Fencing: None
  • Roof: Architectural Shingle
  • Road Frontage Type: See Remarks
  • Pool Features: None
  • Road Frontage Type: City Street, State Road
  • Waterfront Features: None
  • Waterfront?: No
  • Foundation Details: Slab
  • Patio And Porch Features: See Remarks, Patio

Garage/Parking

  • Has Attached Garage?: No
  • Has Attached Garage?: No
  • Parking Features: Unpaved, Off Street

Utilities

  • Utilities: Cable Available, Water Available, Electricity Available, Electricity Connected, Water Connected
  • Water Heater: Electric
  • Heating System Fuel Source: Electric
  • Water Source: Community Water
  • Cooling: Wall/Window Unit(s)
  • Has Cooling?: Yes
  • Heating: Baseboard, Electric
  • Heating Yn: Yes
  • Fuel Tank Details: None
  • Sewer Provider: Septic Tank

Condo/Co-op/Association

  • Has H O A?: No

Fee Information

  • Park Manager Name: No

Schools

  • Elementary School: Wallace
  • High School: Wallace-Rose Hill
  • Middle Or Junior School: Wallace

Lot Info

  • Deed Book: 2043
  • Deed Page: 917.00
  • Zoning: none
  • Lot Features: Corner Lot
  • Lot Size Acres: 1.0
  • Lot Size: 240x175
  • Lot Size Sq Ft: 43560.00
  • Parcel#: 093804 1 1
  • Cobra Zone Y N: No
  • Permitted Use: Public

Green Features

  • Green Building Verification Type: None

Tax Info

  • Tax Year: 2025
  • Tax Block: 411
  • Tax Book Number: 33
  • Tax Map Number: 09-3804 1 1
  • Tax Other Assessment Amount Frequency: none known
  • Tax Amount: 1303.4
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Source: Hive MLS

MLS Number: 100591586

Hive MLS
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