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Residential Income Triplex
For Sale
$225,000

408 Lane Street SE, Wilson, NC 27893

MULTI_FAMILY - Wilson, NC

Property Size2,780 SF
Lot Size0.33 Acres
Price / SF$80.94
Days on Market9

Property Features for 408 Lane Street SE

General Information

Property type Residential Multi Family
Property subtype Triplex
Zoning GR6
Bedrooms 6
Bathrooms 3
Full bathrooms 3
Rooms Bathroom 2, Bedroom 3, Bedroom 4, Bedroom 1, Bathroom 3, Bathroom 1, Bedroom 2, Bedroom 5, Bedroom 6
Parking features Off Street
Patio and Porch features Porch
Interior features Ceiling Fan(s)
Exterior features Storm Doors
Subdivision Not In Subdivision
Elementary school Vick
Middle school Forest Hills
High school Hunt
Directions Hines St to Lane St, property is on the right.
Standard status Active
APN 3721-67-3042.000
Size 2,780 SF
Lot size 0.33 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description BK9 L 11-12
Tax Annual Amount 1027
Legal Description BK9 L 11-12

Utilities

Heating system Natural Gas, Electric (Heating), Space Heater
Cooling system Window Unit(s), Wall/Window Unit(s)

Building Details

Year built 1962
Floors in Building 1
Number of units 3
Building materials Block, Vinyl Siding, Wood Frame
Roof type Composition, Shingle
Listing Agency: Womble Real Estate
Listed By: Allyson M Moye · License #210074
Added: Jul 23 Last Checked: Jul 31 at 1:06AM
MLS# 100591165

Copyright © 2026 Hive MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This residential income property includes one duplex and one single-family residence, with all units currently fully occupied by long-term tenants. The property is listed for sale and is being presented as an addition to a rental portfolio.

The offering is located at 408 Lane Street SE in Wilson, North Carolina (27893) within Wilson County. The property is zoned GR6.

The total property size is reported as 2,780 square feet on a 0.33-acre lot.

Key Highlights

  • Duplex and single‑family residence with all units fully occupied by long‑term tenants
  • Built in 1962 with block and wood‑frame construction and vinyl siding
  • Roof features composition shingles

Property Analytics

Current Use

Triplexes

Suggested Use

Top Pick Dental Office Real Estate Agency HVAC Service Electrical Service Bakery (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

100%
Occupancy

Location Intelligence

Trade Area within ½ mile

81
Businesses Nearby

Demographics for 27893, NC

37,131
Population
18,383
Households
2
Avg Household Size
41
Median Age
15%
College-Educated
79%
High-School Grad
109.0 sq mi
ZIP Area
341
Density / Sq Mi
$40,180
Median Household Income
$31,197
Median Earnings
$894
Median Rent
$153,000
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Triplex - Residential income property with a duplex and a single-family residence, fully occupied by long-term tenants.
Where is this triplex located?
The property is located at 408 Lane Street SE Wilson, NC.
What is the asking price?
The asking price for this property is $225,000.
What are key features of this property?
This property features: Duplex and single‑family residence with all units fully occupied by long‑term tenants; Built in 1962 with block and wood‑frame construction and vinyl siding; Roof features composition shingles
More about this property
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