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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. 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!
Facts
- Type
- Duplex
- Year built
- 2024
- Lot
- 1 acres
- County
- Duplin
- Stories
- 1
- Construction
- Block
- Roof
- Architectural Shingle
- Foundation
- Slab
- Water
- Community Water
- Property tax
- $1,303 / year (2025)
- Listed
- Jul 30, 2026
- MLS #
- 100591586
Features
Inside
- None
Outside
- None
- Corner Lot
Parking
- Unpaved
- Off Street
Heating & cooling
- Baseboard
- Electric
- Wall/Window Unit(s)
Directions to this home
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
Schools
- Elementary
- Wallace
- Middle
- Wallace
- High
- Wallace-Rose Hill
As listed in the MLS. School assignments can change — confirm with the district for this address.
Our take on this home
Written by the Buddy Blake Team from the listing photos and MLS data. Not part of the MLS listing or the listing broker's description.
This single-story duplex in Wallace was built in 2024 and sits on a corner lot of roughly one acre. Its two bedrooms and two bathrooms are all on one level. Heating and cooling come from electric baseboard units along with wall or window units, and water is supplied by a community system.
Parking is off street on an unpaved area. The one-acre corner lot is the main outdoor feature, and the property is not part of any subdivision. No pool, water feature, or view comes with the property, so its character rests on its corner setting, its 2024 construction, and its single-level layout.
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About This home in Wallace
This home in Wallace is a 2-bedroom, 2-bath home, built in 2024, on 1 acres, Wallace, Duplin County, NC.
It has been on the market for 100 days.
Area figures are broad context from the MLS, not a valuation — they don't adjust for condition, lot, views or updates. Ask us for a true comparison.
Buying This home in Wallace
- See it in person. Pick a time and we'll call to confirm — often same day.
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What's my home worth? →Questions about This home in Wallace
How much is this home in Wallace?
This home in Wallace is listed at $210,000 as of November 7, 2026. Status: for sale.
How many bedrooms and bathrooms does this home in Wallace have?
2 bedrooms and 2 bathrooms.
How long has this home in Wallace been on the market?
100 days.
When was this home in Wallace built?
2024.
Who is the listing broker for this home in Wallace?
J Blackman Real Estate (MLS #100591586). The Buddy Blake Team can show it to you and answer questions.
Can I tour this home in Wallace?
Yes. Tap “Schedule a tour,” pick a time, and we'll call to confirm — or call or text (910) 395-1000.