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Two-Unit Duplex
New
For Sale
$879,000

181 Circle Drive 1 & 2, Vilas, NC 28692

Both residences are leased through July 2027, with separate thermostats and heating zones on each floor.

Property Size3,640 SF
Price / SF$241.48
Days on Market2

Property Features for 181 Circle Drive 1 & 2

General Information

Standard status Active
Size 3,640 SF
Property subtype Multi-Family
Occupancy 100%

Units

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

Additional Details

Tenant in Place Yes

Building Details

Year Built 2026
Buildings 1
Listing Agency: Blue Ridge Realty & Inv. Boone
Listed By: William Aceto
Source: Lussorealty
Added: Oct 29 Last Checked: Oct 29 at 2:44PM

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.

Completed in 2026, this duplex at 181 Circle Drive includes two residences totaling 3,640 square feet. Each side has two bedrooms and 2.5 baths. The main level combines an open great room with high ceilings, laminate flooring, crown molding, and vented gas logs, along with a kitchen equipped with stainless steel appliances, a dishwasher, and ample cabinetry. A primary bedroom and ensuite bath with double vanity are also on the main floor.

Upstairs, each layout includes a second bedroom, full bath, bonus room, and balcony overlooking the great room. Pull-down attic stairs provide access to storage. Other features include a dedicated laundry room with side-by-side washer and dryer space, rear porch access, tankless water heater, and gas/electric heat with separate floor-level zones. Exterior details include a gravel drive and parking area, covered front entry, concrete stoop, and railroad tie landscaping. Both units are leased through July 2027.

Key Highlights

  • Two residences totaling 3,640 square feet
  • Each unit has 2 bedrooms and 2.5 baths
  • Both units leased through July 2027

Property Analytics

Lease Details

2
Residential units
100%
Occupancy

Location Intelligence

Trade Area within ½ mile

42
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 - Both residences are leased through July 2027, with separate thermostats and heating zones on 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 totaling 3,640 square feet; Each unit has 2 bedrooms and 2.5 baths; Both units leased through July 2027
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