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Wallace, NC Multifamily Home for Sale

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    $210,000

    Coming Soon
    • 2 Beds
    • 2 Baths
    • 1,100 Sq Ft

    Unlisted Address

    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

    Janiel Blackman J Blackman Real Estate

    Unlisted Address

Why Live in Wallace

Wallace, NC, is a small town with deep agricultural roots, known for its large livestock herds and produce. Located less than an hour from Jacksonville and Wilmington, Wallace offers a rural lifestyle with modern conveniences. Downtown features midcentury ranch-style homes, renovated cottages, and Cape Cods, while the outskirts boast custom-built and contemporary properties. River Landing, a gated community, attracts new residents with its spec housing. Farrior Park, anchored by Boney Mill Pond, provides recreational activities like fishing, kayaking, and canoeing, along with a playground and walking trail. Essential errands are easily managed with stores like Piggly Wiggly, Walmart, and Tractor Supply, while West Main Street hosts locally owned shops and restaurants. The Mad Boar offers comfort food and live music on weekends. Wallace celebrates the Carolina Strawberry Festival every May, featuring live music, carnival rides, and a wine and beer garden. Duplin County Schools serve the area, with Wallace Elementary and Wallace-Rose Hill High School providing education. Light traffic and proximity to major routes make commuting easy, with Wilmington 39 miles away and the beach just a 45-minute drive. Wallace's low crime risk areas contribute to its appeal for those seeking a quiet yet accessible place to live.

Home Price Trends

Median Sale Price
$379,500
Median Single Family Sale Price
$393,950
Median 2 Bedroom Sale Price
$180,000
Average Price Per Sq Ft
$180
Number of Homes for Sale
80
Last 12 months Home Sales
92
Months of Supply
10.40
Median List Price
$404,550
Median Change From 1st List Price
5%
Median Home Sale Price YoY Change
14%
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