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Occupied Duplex with Central Air
For Sale
$185,000

1707 Birchwood Drive SE, Wilson, NC 27893

Residential Income, Wilson, NC

Property Size1,632 SF
Lot Size0.21 Acres
Price / SF$113.36
Days on Market401

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 Bedroom 3, Bathroom 1, Bedroom 2, Bedroom 4, Bathroom 2, Bedroom 1
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

Additional Details

Tenant in Place Yes

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 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
Buildings 5
Listing Agency: Chesson Realty
Listed By: Cec Hottovy · License #272222
Added: Sep 25, 2025 Changed: Oct 25 Last Checked: Oct 30 at 3:06PM
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.

Rey
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Investment Insights

Based on property information with market context.

This brick and wood-frame duplex contains 1,632 square feet arranged as two residential units, with 4BR/2BA in total and a 2BR/1BA layout for each unit. The property includes central air, electric forced-air heating, composition roofing, public water, and off-street parking. It is zoned MultiFam/Resid and sits on a 0.21-acre lot.

Both units are currently occupied. The duplex is one of five similar duplex properties offered together as a package, with the other properties located on Birchwood Drive in Wilson. The portfolio includes five duplexes, and each property is described as having two 2BR/1BA units.

Key Highlights

  • 1,632 square feet with 4BR/2BA total
  • Two 2BR/1BA residential units
  • Both units currently occupied

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 (±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. 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

178
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025

Frequently Asked Questions

What type of property is this?
Duplex - Two residential units offer a compact income-producing configuration with public water, off-street parking, and central air conditioning.
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: 1,632 square feet with 4BR/2BA total; Two 2BR/1BA residential units; Both units currently occupied
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