Duplex Property with Leased
For Sale
$1,400,000
611 SE Railroad Street, Wallace, NC 28466
Two-bedroom floor plans include separate living, kitchen, and dining areas, plus washer and dryer hookups.
Property SizeContact for details
Days on Market90
Property Features for 611 SE Railroad Street
General Information
Standard status
Active
Property subtype
Commercial
Zoning
r-8
Building Details
Year Built
1993
Units
8
Listing Agency:
Johnson Realty
Listed By:
Valerie R Johnson · License #241499
(910) 285-9111
Source:
Gibbseliterealty
Added: Aug 2
Changed: Oct 25
Last Checked: Oct 29 at 8:43PM
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 Johnson Realty
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Investment Insights
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This duplex property in Wallace was built in 1993 and has two-bedroom, 1.5-bath rental units. Each floor plan places the living area, kitchen, dining space, and half bath downstairs, with two bedrooms and a full bath upstairs. Washer and dryer hookups are in place, and the buildings have vinyl siding. Written leases were in place, with one unit vacant at the time of listing.
The property has off-street parking and town water, sewer, and trash service. The owners pay the monthly charges for those services. Clement Street Park is behind the property and includes a playground, walking track, and tennis courts. Downtown shopping is nearby, and I-40 can be reached in less than 10 minutes. The property is zoned R-8.
The property has off-street parking and town water, sewer, and trash service. The owners pay the monthly charges for those services. Clement Street Park is behind the property and includes a playground, walking track, and tennis courts. Downtown shopping is nearby, and I-40 can be reached in less than 10 minutes. The property is zoned R-8.
Key Highlights
- Built in 1993
- Two‑bedroom, 1.5‑bath units with living, kitchen, and dining areas
- Washer and dryer hookups in each unit
Property Analytics
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Location Intelligence
Trade Area within ½ mile
338
Businesses Nearby
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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
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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - Two-bedroom floor plans include separate living, kitchen, and dining areas, plus washer and dryer hookups.
Where is this duplex located?
The property is located at 611 SE Railroad Street Wallace, NC.
What is the asking price?
The asking price for this property is $1,400,000.
What are key features of this property?
This property features: Built in 1993; Two‑bedroom, 1.5‑bath units with living, kitchen, and dining areas; Washer and dryer hookups in each unit
