Duplex With Two Rental
For Sale
$210,000
231 & 233 Hc Powers Road, Wallace, NC 28466
MULTI_FAMILY - Wallace, NC
Property Size1,100 SF
Lot Size1.00 Acre
Price / SF$190.91
Days on Market8
Property Features for 231 & 233 Hc Powers Road
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Bedrooms
2
Bathrooms
2
Full bathrooms
2
Rooms
Bathroom 2, Bedroom 1, Bedroom 2, Bathroom 1
Parking features
Off Street, Paved or Surfaced
Patio and Porch features
Patio
Subdivision
Not In Subdivision
Lot features
Corner Lot
Elementary school
Wallace
Middle school
Wallace
High school
Wallace-Rose Hill
Directions
I40 W to to Hwy 117 in Wallace, make left on Main Street, Left on H.C. Powers Rd, travel about 1/2 mile, property on left
Standard status
Active
APN
093804 1 1
Size
1,100 SF
Lot size
1.00 Acre
Taxes and HOA fees
Tax Year
2025
Tax Description
LOT 2R
Tax Annual Amount
1303
Legal Description
LOT 2R
Utilities
Utilities
Cable Available
Sewer type
Septic Tank
Heating system
Baseboard, Electric (Heating)
Cooling system
Wall/Window Unit(s), Window Unit(s)
Building Details
Year built
2024
Floors in Building
1
Number of units
2
Building materials
Block
Roof type
Shingle
Listing Agency:
J Blackman Real Estate
(910) 619-6008
Listed By:
Janiel L Blackman · License #253168
(910) 619-6008
Added: Jul 25
Changed: Aug 1
Last Checked: Aug 1 at 2:06PM
MLS# 100591586
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.
Duplex featuring two tenant-occupied income-producing homes at 231 & 233 HC Powers Road, Wallace, NC. The primary home includes 640 square feet with one bedroom and one bathroom, along with a 30-square-foot front patio. The second home is a 520-square-foot efficiency-style cottage with an open-concept layout and its own 25-square-foot front patio. Both homes were built in 2024.
The property is currently tenant-occupied and leased through March 2027. Parking is off-street and paved or surfaced. Construction materials are block, with shingle roofing. Heating is provided by baseboard electric, and cooling is via wall/window units and window units. Sewer service is through a septic tank, and cable is available.
Set on approximately one acre, the property offers an outdoor space advantage for day-to-day use while maintaining a straightforward duplex configuration designed for rental occupancy already in place.
The property is currently tenant-occupied and leased through March 2027. Parking is off-street and paved or surfaced. Construction materials are block, with shingle roofing. Heating is provided by baseboard electric, and cooling is via wall/window units and window units. Sewer service is through a septic tank, and cable is available.
Set on approximately one acre, the property offers an outdoor space advantage for day-to-day use while maintaining a straightforward duplex configuration designed for rental occupancy already in place.
Key Highlights
- Leased through March 2027 with both homes currently tenant‑occupied
- Approximately one acre duplex with two separate rental homes
- Primary home: 640 SF with one bedroom, one bathroom and 30 SF front patio
Property Analytics
Property Profile
Current Use
Lease Details
100%
Occupancy
Multi-tenant
Tenancy
Yes
Highway access
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?
Duplex - Two 2024-built rental homes on about one acre, tenant-occupied and leased through March 2027.
Where is this duplex located?
The property is located at 231 & 233 Hc Powers Road 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: Leased through March 2027 with both homes currently tenant‑occupied; Approximately one acre duplex with two separate rental homes; Primary home: 640 SF with one bedroom, one bathroom and 30 SF front patio
