Address Not Disclosed
Wallace, NC 28466
- 2 Beds
- 2 Baths
- 1,100 sqft (on 1 acre)
2 Beds
2 Baths
1,100 sqft
(on 1 acre)
Home Highlights
Outdoor
Patio
Climate Control
Heating & Cooling
Price/Sqft
$191
Listed
3 days ago
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--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!
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!
Home Details
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Interior Details Basement: None |
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: See Remarks |
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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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Days on Market: 3 |
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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: Coming Soon - No Showings |
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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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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 |
Last check for updates: about 3 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.
Market trends in Wallace
Last updated June 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
41
4MoM
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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.
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 2026-07-28 02:23:54 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
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.

