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Ranch Duplex With Two Rentals

714 Hines Street W Wilson, NC 27893

714 Hines Street W, Wilson, NC, 27893
$159,900
For Sale
Claim this Listing
$159,900

DUPLEX - Ranch - Wilson, NC

Property Size1,673 SF
Lot Size0.17 Acres
Price / SF$95.58
AddedMay 18
Days on Market60
Last RefreshJul 16 at 11:06 am

Property Features for 714 Hines Street W

General Information

Property type
Residential Multi Family
Property subtype
Single Family Residence
Bedrooms
3
Bathrooms
2
Rooms
Bathroom 1, Bedroom 2, Bathroom 2, Bedroom 1, Bedroom 3
Standard status
Active
APN
3722020634000
Size
1,673 SF
Lot size
0.17 Acres

Taxes and HOA fees

Tax Year
2026
Tax Description
714 Hines St W 1.00Lt
Tax Annual Amount
799

Utilities

Sewer type
Public Sewer
Heating system
Forced Air
Cooling system
Wall/Window Unit(s), Window Unit(s)
Water source
Public

Building Details

Year built
1954
Floors in Building
1
Flooring type
Carpet, Vinyl
Building materials
Brick
Roof type
Shingle, Composition
Architectural style
Ranch

Listing agent Adam Chesson License #230531

Listing office eXp Realty, LLC - C 5200 Greens Dairy Rd., Ste 106, Clayton, NC

Listing date May 18, 2026

MLS# 10168213 Listing URL

Copyright © 2026 Doorify 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 ranch-style duplex contains two separate units under one roof, with each side currently occupied. Unit 714 is a 1-bedroom, 1-bath home and Unit 716 is a 2-bedroom, 1-bath layout. Both sides are rented, with Unit 714 leased at $455 per month and Unit 716 leased at $675 per month. The current tenants include long-term occupancy for nearly 10 years on Unit 714, and both leases are in place at the time of listing.

The property is located at 714 Hines Street W in Wilson, North Carolina (27893). Lot size is listed as 0.17 acres, with total building size of 1,673 square feet.

For investors or owner-occupants seeking a duplex configuration with in-place rental income, this property provides two distinct units and an occupancy status that is already established. Please note that 24-hour notice is required to schedule showings. Prospective buyers should arrange a showing to review unit conditions, confirm lease details, and assess fit for their specific investment or occupancy plans.

Key Highlights

  • Duplex built in 1954 with brick construction and ranch architectural style
  • Both units are currently rented: 714 (1BR/1BA) at $455/month and 716 (2BR/1BA) at $675/month
  • Forced air heating with wall/window and window unit cooling

Local Financial Insights For Multifamily LT 5

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $21.1k $12.60
− Vacancy −$1.6k −$0.95
EGI $19.5k $11.66
− OpEx −$5.8k −$3.50
NOI $13.6k $8.16
1,673 SF · lease $12.60/SF/yr · vacancy 7.50% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$195.0K
$170.6K – $227.5K (±1% cap)
NOI $13,649 @ 7.0% cap · market cap 8.54%
Second Best
Apartment 5plus
$180.4K
$157.9K – $210.5K (±1% cap)
NOI $12,631 @ 7.0% cap · market cap 7.90%
Theoretical Best
Office A
$401.5K
$351.4K – $468.5K (±1% cap)
NOI $28,108 @ 7.0% cap · market cap 17.58%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Real Estate Agency Dental Office Kitchen & Bath Showroom Skin Care Clinic HVAC Service Big Box & Wholesale Store Electrical Service Grocery & Convenience Store Locksmith Garden Center

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Duplex - Two currently leased units offer a straightforward residential income setup in Wilson, North Carolina.
Where is this duplex located?
The property is located at 714 Hines Street W Wilson, NC.
What is the asking price?
The asking price for this property is $159,900.
What are key features of this property?
This property features: Duplex built in 1954 with brick construction and ranch architectural style; Both units are currently rented: 714 (1BR/1BA) at $455/month and 716 (2BR/1BA) at $675/month; Forced air heating with wall/window and window unit cooling
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