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Two-Unit Duplex Investment
For Sale
$185,000

1708 Birchwood Drive SE, Wilson, NC 27893

MULTI_FAMILY - Wilson, NC

Property Size2,064 SF
Lot Size0.21 Acres
Price / SF$89.63
Days on Market310

Property Features for 1708 Birchwood Drive SE

General Information

Property type Residential Multi Family
Property subtype Duplex
Zoning MultiFam/Resid
Bedrooms 6
Bathrooms 2
Full bathrooms 2
Rooms Bedroom 4, Bedroom 1, Bedroom 6, Bathroom 2, Bedroom 5, Bathroom 1, Bedroom 3, Bedroom 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 3721-73-1348.000
Size 2,064 SF
Lot size 0.21 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description 1708 BIRCHWOOD DR SE L23S2 SPRINGFIELD 1.00LT
Tax Annual Amount 1633
Legal Description 1708 BIRCHWOOD DR SE L23S2 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 1:06AM
MLS# 100532565

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 2BR/1BA duplex offers two total units, with 4BR/2BA combined across the property. The listing notes the duplex is part of a larger investment opportunity in which five duplexes are being sold as one package. Each unit is currently occupied.

The property is located in Wilson, North Carolina (27893). The listing specifies the duplex was built in 1983, and the lot size is listed as 0.21 acres. Photos are attached for the property.

For buyers evaluating the package, this duplex is identified as 1708 Birchwood Drive SE, Wilson, NC 27893, and is included with the other four Birchwood Drive duplexes noted in the remarks.

Key Highlights

  • Part of a 5‑duplex package being sold together; each duplex has 2BR/1BA (4BR/2BA total across both units).
  • Both units are currently occupied.
  • Built in 1982; 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 $26.0k $12.60
− Vacancy −$2.0k −$0.95
EGI $24.1k $11.66
− OpEx −$7.2k −$3.50
NOI $16.8k $8.16
2,064 SF · lease $12.60/SF/yr · vacancy 7.50% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$240.6K
$210.5K – $280.7K (±1% cap)
NOI $16,839 @ 7.0% cap · market cap 9.10%
Second Best
Apartment 5plus
$222.6K
$194.8K – $259.7K (±1% cap)
NOI $15,583 @ 7.0% cap · market cap 8.42%
Theoretical Best
Office A
$495.4K
$433.5K – $578.0K (±1% cap)
NOI $34,677 @ 7.0% cap · market cap 18.74%
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
Multi-tenant
Tenancy

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
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Duplex - Occupied 2BR/1BA duplex with separate units, offered as part of a five-duplex package sale.
Where is this duplex located?
The property is located at 1708 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 5‑duplex package being sold together; each duplex has 2BR/1BA (4BR/2BA total across both units).; Both units are currently occupied.; Built in 1982; construction materials include brick and wood frame.
More about this property
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