Two-Home Multifamily
For Sale
$210,000
231 & 233 Hc Powers Rd, Wallace, NC 28466
Two tenant-occupied residences provide a compact rental setup with leases extending through March 2027.
Property Size1,100 SF
Lot Size1.00 Acre
Price / SF$190.91
Days on Market40
Property Features for 231 & 233 Hc Powers Rd
General Information
Standard status
Active
Size
1,100 SF
Lot size
1.00 Acre
Property subtype
Multi-Family
Occupancy
100%
Units
Unit Mix
1 x 1BR/1BA, 1 x efficiency
Multifamily Units
2
Amenities
front patio
Building Details
Year Built
2024
Buildings
2
Tenancy
Multi
Listing Agency:
J Blackman Real Estate
(910) 619-6008
Listed By:
Janiel L Blackman · License #253168
Source:
Searchhomesinsavannah
Added: Jul 22
Changed: Aug 30
Last Checked: Aug 30 at 7:07AM
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 J Blackman Real Estate
Investment Insights
Based on property information with market context.
This multifamily property includes two residences totaling 1,100 square feet on approximately one acre. The primary home contains 640 square feet with one bedroom, one bathroom, and a 30-square-foot front patio. A separate 520-square-foot efficiency-style cottage offers an open-concept interior and a 25-square-foot front patio. Both homes were built in 2024.
The residences are currently tenant-occupied under leases running through March 2027. The property is located in Wallace, North Carolina, a small town situated on I-40, with access toward Raleigh and Wilmington. Local zoning and regulations govern any future property possibilities.
The residences are currently tenant-occupied under leases running through March 2027. The property is located in Wallace, North Carolina, a small town situated on I-40, with access toward Raleigh and Wilmington. Local zoning and regulations govern any future property possibilities.
Key Highlights
- Two residences totaling 1,100 square feet on approximately one acre
- Primary home measures 640 square feet with 1 bedroom and 1 bathroom
- Separate 520‑square‑foot efficiency‑style cottage with open‑concept layout
Property Analytics
Current Use
Lease Details
2
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
6
Businesses Nearby
Explore this area
Business Placement
Demographics for 28466, NC
8,773
Population
4,647
Households
1.9
Avg Household Size
45
Median Age
24%
College-Educated
85%
High-School Grad
179.1 sq mi
ZIP Area
49
Density / Sq Mi
$61,906
Median Household Income
$38,511
Median Earnings
$851
Median Rent
$179,800
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Multifamily property - Two tenant-occupied residences provide a compact rental setup with leases extending through March 2027.
Where is this multifamily property located?
The property is located at 231 & 233 Hc Powers Rd Wallace, NC.
What is the asking price?
The asking price for this property is $210,000.
What are key features of this property?
This property features: Two residences totaling 1,100 square feet on approximately one acre; Primary home measures 640 square feet with 1 bedroom and 1 bathroom; Separate 520‑square‑foot efficiency‑style cottage with open‑concept layout
