$210,000
- 2 Beds
- 2 Baths
- 1,100 sqft (on 1 acre)
Address Not Disclosed, Wallace, NC 28466
Est. Mortgage $1,275/mo*
Get Pre-QualifiedHome Highlights
Multi-Family
Built in 2024
1 acre lot
$191/sqft
Local Information
-- mins to
About this House
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!
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!
Last check for updates: about 14 hours ago
Listing courtesy of Janiel L Blackman, (910) 619-6008
J Blackman Real Estate
Originating MLS: Cape Fear Realtors MLS, Inc.
Source: Hive MLS, MLS#100591586

Also Listed on Hive MLS.
Home Details
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Interior Details Basement: NoneNumber of Rooms: 1Types of Rooms: Dining Room |
Beds & Baths Number of Bedrooms: 2Number of Bathrooms: 2 |
Appliances & Utilities Utilities: Cable Available, Water Available, Electricity Available, Electricity Connected, Water Connected |
Heating & Cooling Heating: Baseboard,ElectricHas CoolingAir Conditioning: Wall/Window Unit(s)Has HeatingHeating Fuel: Baseboard |
Gas & Electric Has Electric on Property |
Levels, Entrance, & Accessibility Number of Stories: 1Levels: OneAccessibility: None |
View View: None |
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Exterior Home Features Roof: Architectural ShinglePatio / Porch: See Remarks, PatioFencing: NoneExterior: NoneFoundation: Slab |
Parking & Garage No Attached GarageParking: Unpaved,Off Street |
Pool Pool: None |
Frontage Waterfront: NoneFrontage Type: See RemarksRoad Frontage: City Street, State RoadNot on Waterfront |
Water & Sewer Sewer: Septic Tank |
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Cumulative Days on Market: 26Days on Market: 49 |
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Year Built Year Built: 2024 |
Property Type / Style Property Type: Residential IncomeProperty Subtype: Duplex |
Building Construction Materials: Block, See RemarksNot a New Construction |
Property Information Parcel Number: 093804 1 1 |
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Price List Price: $210,000Price Per Sqft: $191 |
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MLS Status: Active |
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Direction & Address City: WallaceCommunity: Not In Subdivision |
School Information Elementary School: WallaceJr High / Middle School: WallaceHigh School: Wallace-Rose Hill |
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Listing Agent Listing ID: 100591586 |
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Building Area Building Area: 1100 Square Feet |
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Units in Building: 2 |
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HOA Fee Frequency (second): AnnuallyAssociation for this Listing: Cape Fear Realtors MLS, Inc.No HOA |
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Lot Area: 1 Acres |
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Special Conditions: Standard |
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Listing Agreement Type: Exclusive Right To Sell |
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Mobile Home Park Mobile Home Park Mgr Name: No |
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Expense Tenant Pays: Electricity, Pest Control, Sewer, Water |
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Mls Number: 100591586Attic: Access OnlyAbove Grade Unfinished Area Units: Square FeetBelow Grade Unfinished Area Units: Square FeetShowing Considerations: See RemarksShowing Requirements: Call Tenant, Appointment Only, Call Listing Agent, See RemarksStart Showing Date: Thu Jul 30 2026 |
Around this home
What Locals Say about Wallace
At least 12 Trulia users voted on each feature.
100 % Say car is needed
89 % Say yards are well-kept
78 % Say there's holiday spirit
78 % Say there's wildlife
76 % Say parking is easy
75 % Say streets are well-lit
65 % Say kids play outside
59 % Say neighbors are friendly
58 % Say it's walkable to restaurants
58 % Say they plan to stay for at least 5 years
58 % Say people would walk alone at night
56 % Say it's quiet
54 % Say it's dog friendly
53 % Say there are sidewalks
47 % Say it's walkable to grocery stores
33 % Say there are community events
Sourced by Trulia users. Learn more about our methodology.
Market trends in Wallace
Last updated July 2026
Avg. sale price
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Sale-to-List Price
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Price per sq ft
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Available listings
40
1MoM
Home Value
Learn more about this home's value by checking out the value of nearby homes.
Nearby home prices
Get a sense of expected prices in the area by checking the value of nearby homes.Address | Distance | Price | Bed | Bath | Sqft | Status |
|---|---|---|---|---|---|---|
0.01 | - | - | - | - | Off Market | |
0.06 | $265,700 | 3 | 2 | 1,400 | Off Market | |
0.08 | $42,000 | - | - | - | Recently Sold | |
0.09 | $179,100 | 2 | 1 | 1,084 | Off Market | |
0.21 | $209,300 | 3 | 2 | 1,565 | Off Market | |
0.30 | - | - | - | - | Off Market | |
0.39 | $255,000 | 4 | 2 | 1,807 | Recently Sold | |
0.43 | $259,900 | 3 | 2 | 1,766 | For Sale | |
0.53 | - | - | - | - | Off Market | |
0.74 | $195,200 | 3 | 2 | 1,782 | Off Market | |
0.95 | $344,800 | 3 | 3 | 2,160 | Off Market |
Price and Tax history
| Date | Event | Price |
|---|---|---|
Jul 30, 2026 Source: Hive MLS #100591586 | Listed For Sale | $210,000 |
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
Janiel L Blackman, J Blackman Real Estate
Agent Phone: (910) 619-6008

The data relating to real estate on this web site comes in part from the Internet Data Exchange program of Hive MLS, and is updated as of 2026-09-11 00:56:11 PDT. All information is deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change, or withdrawal. Neither listing broker(s) nor Zillow, Inc. shall be responsible for any typographical errors, misinformation, or misprints, and shall be held totally harmless from any damages arising from reliance upon these data.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
© 2025-10-17 12:20:34 PDT Hive MLS
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This home in Wallace, NC 28466 is a 2 bedroom, 2 bathroom, 1,100 sqft multi-family built in 2024. This property is currently available for sale and was listed by Hive MLS on Jul 25, 2026. The MLS # for this home is MLS# 100591586.

