Brick Duplex with Central
For Sale
$185,000
1702 Birchwood Drive SE, Wilson, NC 27893
Residential Income, Wilson, NC
Property Size1,632 SF
Lot Size0.22 Acres
Price / SF$113.36
Days on Market403
Property Features for 1702 Birchwood Drive SE
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Zoning
MultiFam/Resid
Bedrooms
4
Bathrooms
2
Full bathrooms
2
Rooms
Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bathroom 1, Bathroom 2
Parking features
Off Street
Subdivision
Not In Subdivision
Elementary school
Barnes
Middle school
Darden
High school
Beddingfield
Directions
Ward Blvd. to Stantonsburg Circle, become Stantonsburg Road, turn left onto Snowden Dr., right onto Birchwood Dr., properties on the left and right. No signs.
Standard status
Active
APN
3721-73-0503.000
Size
1,632 SF
Lot size
0.22 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
L20S2 SPRINGFIELD 1.00LT
Tax Annual Amount
1362
Legal Description
L20S2 SPRINGFIELD 1.00LT
Utilities
Heating system
Forced Air, Electric (Heating)
Cooling system
Central Air
Water source
Public
Building Details
Year built
1982
Floors in Building
1
Number of units
2
Building materials
Brick, Wood Frame
Roof type
Composition
Listing Agency:
Chesson Realty
(252) 291-3600
Listed By:
Cec Hottovy · License #272222
(252) 290-0367
Added: Sep 23, 2025
Changed: Oct 22
Last Checked: Oct 30 at 12:06PM
MLS# 100532168
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.
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Investment Insights
Based on property information with market context.
This duplex contains two 2BR/1BA units with a combined 1,632 square feet of living area on a 0.22-acre lot. The 1982 property has brick and wood-frame construction, central air, electric forced-air heating, a composition roof, public water, and off-street parking. Both units are currently occupied.
The offering includes five duplexes sold together: 1702, 1703, 1706, 1707, and 1708 Birchwood Drive SE. The properties were built in 1982 or 1983, and each duplex is configured with two 2BR/1BA units. Zoning is identified as MultiFam/Resid, providing a consistent residential income-property configuration across the package.
The offering includes five duplexes sold together: 1702, 1703, 1706, 1707, and 1708 Birchwood Drive SE. The properties were built in 1982 or 1983, and each duplex is configured with two 2BR/1BA units. Zoning is identified as MultiFam/Resid, providing a consistent residential income-property configuration across the package.
Key Highlights
- Five duplexes offered together at 1702, 1703, 1706, 1707, and 1708 Birchwood Drive SE
- Each duplex has two 2BR/1BA units; four bedrooms and two bathrooms total per property
- 1702 Birchwood Drive SE includes 1,632 Square Feet on 0.22 acres
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$13,315
Cap Rate
7.20%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$266,300
$266.3K
Cap Rate 7%
$190,214
$190.2K
Cap Rate 9%
$147,944
$147.9K
Market Conditions
NOI Build-Up for 1,632 SF
Gross rent
$20.6K $12.60/SF
− Vacancy
−$1.5K −$0.95/SF
EGI
$19.0K $11.66/SF
− OpEx
−$5.7K −$3.50/SF
NOI
$13.3K $8.16/SF
Area
Wilson County, NC
Vacancy
7.50%
Lease Rate
$12.60 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$266,300
Cap Rate 7%
$190,214
Cap Rate 9%
$147,944
Alternative Uses
Best Use
Multifamily LT 5
$190.2K
$166.4K – $221.9K
NOI $13,315 @ 7.0% cap · market cap 7.20%
Second Best
Apartment 5plus
$176.0K
$154.0K – $205.4K
NOI $12,321 @ 7.0% cap · market cap 6.66%
Theoretical Best
Office A
$391.7K
$342.7K – $457.0K
NOI $27,419 @ 7.0% cap · market cap 14.82%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Lease Details
10
Residential units
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
192
Businesses Nearby
Explore this area
Business Placement
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
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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - Occupied two-unit property with four bedrooms and two bathrooms in total, plus public water and off-street parking.
Where is this duplex located?
The property is located at 1702 Birchwood Drive SE Wilson, NC.
What is the asking price?
The asking price for this property is $185,000.
What are key features of this property?
This property features: Five duplexes offered together at 1702, 1703, 1706, 1707, and 1708 Birchwood Drive SE; Each duplex has two 2BR/1BA units; four bedrooms and two bathrooms total per property; 1702 Birchwood Drive SE includes 1,632 Square Feet on 0.22 acres
