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Occupied Duplex with Two 2BR Units
For Sale
$185,000

1707 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 1707 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 3721-73-2590.000
Size 1,632 SF
Lot size 0.21 Acres

Taxes and HOA fees

Tax Year 2024
Tax Description 1707 BIRCHWOOD DR SE L28S2 SPRINGFIELD 1.00LT
Tax Annual Amount 1467
Legal Description 1707 BIRCHWOOD DR SE L28S2 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
Listed By: Cec Hottovy · License #272222
Added: Sep 25, 2025 Changed: Jul 18 Last Checked: Jul 31 at 12:06AM
MLS# 100532561

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 duplex offers two separate 2-bedroom, 1-bath units within a single building, totaling 4 bedrooms and 2 bathrooms across both sides. The property is listed as built in 1983 and is currently occupied. The offering includes a total lot size of 0.21 acres and a reported property size of 1,632 square feet.

The duplex is one of five 2BR/1BA duplexes being sold together as a package. Each duplex is separately identified in the listing materials, and all units are described as currently occupied. Additional properties included in the package are located at 1702, 1703, 1706, 1707, and 1708 Birchwood Drive SE, Wilson, NC.

For buyers seeking an income-oriented portfolio approach, this asset provides a straightforward duplex configuration with two resident-occupied units. Its inclusion in a multi-property package may appeal to investors looking to consolidate acquisitions while maintaining consistent unit mix across the offering.

Key Highlights

  • 2BR/1BA duplex (4BR/2BA total across both units) built in 1982
  • Each unit is 2BR/1BA and currently occupied
  • Construction materials include 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 (±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

10
Residential units
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 - Two 2BR/1BA units in an occupied duplex, offered as part of a five-duplex sales package.
Where is this duplex located?
The property is located at 1707 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 total across both units) built in 1982; Each unit is 2BR/1BA and currently occupied; Construction materials include brick and wood frame
More about this property
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