Duplex Property with Two
For Sale
$210,000
231 & 233 Hc Powers Road, Wallace, NC 28466
Two tenant-occupied residences provide established rental occupancy across a recently built residential income property.
Property Size1,100 SF
Lot Size1.00 Acre
Price / SF$190.91
Days on Market27
Property Features for 231 & 233 Hc Powers Road
General Information
Standard status
Active
Size
1,100 SF
Lot size
1.00 Acre
Property subtype
Multi Family Home
Occupancy
100%
Units
Unit Mix
1 x 1BR/1BA, 1 x efficiency
Multifamily Units
2
Additional Details
Highway Access
Yes
Taxes and HOA fees
Annual Taxes
$1,303
Building Details
Building Size
1,100 SF
Year Built
2024
Buildings
2
Stories
1
Units
2
Listing Agency:
J Blackman Real Estate
(910) 619-6008
Listed By:
Janiel L Blackman · License #253168
(910) 619-6008
Source:
Frankerealproperties
Added: Jul 25
Changed: Aug 20
Last Checked: Aug 20 at 10:23AM
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 duplex property comprises two separate homes on approximately one acre. The primary residence contains 640 square feet with one bedroom, one bathroom, and a 30-square-foot front patio. A second 520-square-foot efficiency-style cottage provides an open-concept interior and a 25-square-foot front patio. Both homes were completed in 2024.
The residences are currently tenant-occupied under separate lease terms. One lease runs through March 2027, while the other continues through September 2026. The property is located in Wallace, North Carolina, with access to I-40 and proximity to the regional markets of Raleigh and Wilmington.
The residences are currently tenant-occupied under separate lease terms. One lease runs through March 2027, while the other continues through September 2026. The property is located in Wallace, North Carolina, with access to I-40 and proximity to the regional markets of Raleigh and Wilmington.
Key Highlights
- Two residences on approximately one acre
- Primary home offers 640 square feet, 1 bedroom, 1 bathroom, and a 30‑square‑foot front patio
- Efficiency‑style cottage includes 520 square feet, an open‑concept layout, and a 25‑square‑foot front patio
Property Analytics
Current Use
Lease Details
2
Residential units
100%
Occupancy
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
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Frequently Asked Questions
What type of property is this?
Duplex - Two tenant-occupied residences provide established rental occupancy across a recently built residential income property.
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: Two residences on approximately one acre; Primary home offers 640 square feet, 1 bedroom, 1 bathroom, and a 30‑square‑foot front patio; Efficiency‑style cottage includes 520 square feet, an open‑concept layout, and a 25‑square‑foot front patio
