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Two-Unit Duplex for Rental Income
For Sale
$185,000

1706 Birchwood Drive SE, Wilson, NC 27893

MULTI_FAMILY - Wilson, NC

Property Size1,632 SF
Lot Size0.21 Acres
Price / SF$113.36
Days on Market310

Property Features for 1706 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 1, Bedroom 2, Bathroom 2, Bedroom 1, Bedroom 3, Bedroom 4
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 3721-73-0493.000
Size 1,632 SF
Lot size 0.21 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description 1706 BIRCHWOOD DR SE L22S2 SPRINGFIELD 1.00LT
Tax Annual Amount 1362
Legal Description 1706 BIRCHWOOD DR SE L22S2 SPRINGFIELD 1.00LT

Utilities

Heating system Electric (Heating), Forced Air
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
Listed By: Cec Hottovy · License #272222
Added: Sep 25, 2025 Changed: Jul 18 Last Checked: Jul 31 at 1:06AM
MLS# 100532558

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-unit duplex with 2BR/1BA layouts in each unit, for a combined total of 4BR/2BA across the property. The duplex is identified as having been built in 1982 and is currently occupied. The listing also indicates this property is one of five duplexes being sold together as a single package.

The subject address is 1706 Birchwood Drive SE in Wilson, North Carolina (27893) within Wilson County. The parcel is listed with a lot size of 0.21 acres and a property size of 1,632 square feet. As part of the broader package, this duplex is presented alongside the other Birchwood Drive duplex properties identified in the remarks, each with its own tax PIN.

For investors seeking an income-producing residential package, this duplex fits a strategy focused on occupied, repeatable unit layouts. Buyers interested in consolidating multiple small multifamily holdings may find value in the fact that these duplexes are offered together and that each unit is reported as currently occupied. For underwriting, the listing notes that current rent amounts are provided in the agent remarks, and photos for each property are attached for review.

Key Highlights

  • 2BR/1BA duplex; 4BR/2BA combined across both units
  • All units are currently occupied; part of a 5‑duplex package being sold together
  • Each unit is 2BR/1BA; duplex building constructed in 1982

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 (±1% cap)
NOI $13,315 @ 7.0% cap · market cap 7.20%
Second Best
Apartment 5plus
$176.0K
$154.0K – $205.4K (±1% cap)
NOI $12,321 @ 7.0% cap · market cap 6.66%
Theoretical Best
Office A
$391.7K
$342.7K – $457.0K (±1% cap)
NOI $27,419 @ 7.0% cap · market cap 14.82%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Law Firm HVAC Service Parking Lot & Garage Spa & Massage Center Bakery

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

145
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
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Frequently Asked Questions

What type of property is this?
Duplex - Occupied 2BR/1BA duplex unit configuration within a five-duplex package for prospective investors.
Where is this duplex located?
The property is located at 1706 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: 2BR/1BA duplex; 4BR/2BA combined across both units; All units are currently occupied; part of a 5‑duplex package being sold together; Each unit is 2BR/1BA; duplex building constructed in 1982
More about this property
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