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Two-Unit Duplex with Balconies
For Sale
$879,000

181 Circle Drive #1 & 2, Vilas, NC 28692

Each residence has two bedrooms, two-and-a-half baths, and a separate thermostat for each floor.

Property Size3,640 SF
Price / SF$241.48
Days on Market172

Property Features for 181 Circle Drive #1 & 2

General Information

Standard status Active
Size 3,640 SF
Property subtype Residential Income
Occupancy 100%

Units

Unit Mix 2 x 2BR/2.5BA
Multifamily Units 2

Additional Details

Tenant in Place Yes

Amenities

Attic
Pull Down Attic Stairs

Building Details

Building Size 3,640 SF
Year Built 2026
Buildings 1
Listing Agency: Blue Ridge Realty & Inv. Boone
Listed By: William Aceto
Source: Alleghanyhighcountryrealty
Added: May 15 Changed: Nov 2 Last Checked: Nov 2 at 2:30AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Blue Ridge Realty & Inv. Boone

Rey
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Investment Insights

Based on property information with market context.

This 3,640-square-foot duplex contains two residences, each arranged with two bedrooms and two-and-a-half bathrooms. The main level has an open great room with high ceilings, laminate flooring, crown molding, and vented gas logs, alongside a kitchen with stainless steel appliances and a dishwasher. A primary bedroom with an ensuite bath is also on this level, as is a laundry room with rear porch access. Upstairs, each unit includes a second bedroom, full bath, bonus room, balcony overlooking the great room, and attic storage. Additional features include a tankless water heater and separate heating and cooling zones by floor.

Built in 2026, both residences are leased through July 2027. The property has a gravel drive and parking area, a covered front entry, and a concrete stoop.

Key Highlights

  • Two residences, each with 2 bedrooms and 2.5 bathrooms
  • 3,640 square feet; built in 2026
  • Both units leased through July 2027

Property Analytics

Lease Details

2
Residential units
100%
Occupancy

Location Intelligence

Trade Area within ½ mile

18
Businesses Nearby

Demographics for 28692, NC

4,161
Population
3,101
Households
1.3
Avg Household Size
43
Median Age
40%
College-Educated
94%
High-School Grad
40.0 sq mi
ZIP Area
104
Density / Sq Mi
$48,750
Median Household Income
$34,342
Median Earnings
$985
Median Rent
$289,200
Median Home Value

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 - Each residence has two bedrooms, two-and-a-half baths, and a separate thermostat for each floor.
Where is this duplex located?
The property is located at 181 Circle Drive #1 & 2 Vilas, NC.
What is the asking price?
The asking price for this property is $879,000.
What are key features of this property?
This property features: Two residences, each with 2 bedrooms and 2.5 bathrooms; 3,640 square feet; built in 2026; Both units leased through July 2027
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