Two-Unit Duplex
For Sale
$185,000
1702 Birchwood Drive SE, Wilson, NC 27893
MULTI_FAMILY - Wilson, NC
Property Size1,632 SF
Lot Size0.22 Acres
Price / SF$113.36
Days on Market312
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
Bathroom 2, Bedroom 4, Bedroom 1, Bathroom 1, Bedroom 2, Bedroom 3
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: Jul 18
Last Checked: Jul 31 at 12:06AM
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.
Investment Insights
Based on property information with market context.
This offering includes a two-bedroom, one-bath duplex in Wilson, NC, with a total of four bedrooms and two bathrooms across both units. The property is identified as 1702 Birchwood Drive SE and was built in 1982. Each unit follows the same 2BR/1BA layout.
The duplex sits on a listed 0.22-acre lot and is part of a larger multi-property investment package that includes four additional duplexes. The other included properties are also described as two-bedroom, one-bath units, built in 1982 or 1983, and are included as one combined sale. Each of the five duplexes is currently occupied.
For investors seeking a small, packaged residential income strategy, this duplex can provide a straightforward two-unit structure with consistent unit mix. Prospective buyers should note the entire package is currently occupied, and additional details, including current rent amounts, are available in the agent remarks.
The duplex sits on a listed 0.22-acre lot and is part of a larger multi-property investment package that includes four additional duplexes. The other included properties are also described as two-bedroom, one-bath units, built in 1982 or 1983, and are included as one combined sale. Each of the five duplexes is currently occupied.
For investors seeking a small, packaged residential income strategy, this duplex can provide a straightforward two-unit structure with consistent unit mix. Prospective buyers should note the entire package is currently occupied, and additional details, including current rent amounts, are available in the agent remarks.
Key Highlights
- Part of a package of 5 duplexes being sold together (each duplex includes two 2BR/1BA units).
- 2BR/1BA duplex totals 4BR/2BA across both units; both units are currently occupied.
- Built in 1982 with construction materials of brick and wood frame.
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 | $20.6k | $12.60 |
| − Vacancy | −$1.5k | −$0.95 |
| EGI | $19.0k | $11.66 |
| − OpEx | −$5.7k | −$3.50 |
| NOI | $13.3k | $8.16 |
1,632 SF · lease $12.60/SF/yr · vacancy 7.50% · expense 30.00%
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.
Property Analytics
Property Profile
Current Use
Lease Details
10
Residential units
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
145
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
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Two-bedroom, one-bath duplex offered as part of a five-duplex package with all units currently occupied.
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: Part of a package of 5 duplexes being sold together (each duplex includes two 2BR/1BA units).; 2BR/1BA duplex totals 4BR/2BA across both units; both units are currently occupied.; Built in 1982 with construction materials of brick and wood frame.
