Multifamily

Wallace, NC Multifamily Properties for Sale

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Teachey, NC Willard, NC Union, NC Rose Hill, NC Burgaw, NC Watha, NC Greenevers, NC Magnolia, NC
Found 6 multifamily properties for sale in Wallace, NC, averaging $176/sq ft. Use valuation data to compare deals faster.
Two-Unit Duplex with Tenant Occupancy
Updated: Jul 25
Two-Unit Duplex with Tenant Occupancy

231 & 233 Hc Powers Road, Wallace, NC 28466

$210,000
1,100 sqft 1.00 AC lot
Two residences totaling 1,100 square feet on approximately 1 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 and a 25‑square‑foot front patio
Both homes were built in 2024 and are currently tenant‑occupied
One residence leased through March 2027; the other leased until September 2026
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Apartment Buildings with Duplex Layout
Updated: Aug 2
Apartment Buildings with Duplex Layout

611 SE Railroad Street, Wallace, NC 28466

$1,400,000
0.86 AC lot
0.86‑acre apartment property in Wallace, NC
Built in 1993 with vinyl siding and wood‑frame construction
Two‑bedroom units with 1.5 baths and two‑level floor plans
Washer/dryer hookups, central air, and electric forced‑air heating
Public water, sewer, and trash service through the Town of Wallace
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RV Park with Commercial Building
RV Park with Commercial Building

4509 Carolina 41, Wallace, NC 28466

$450,000
2,800 sqft 6.64 AC lot

Commercial property combines an established RV park with a separate building suitable for renovation and multiple commercial uses.

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Two-Home Multifamily Property
Two-Home Multifamily Property

231 & 233 Hc Powers Rd, Wallace, NC 28466

$210,000
1,100 sqft 1.00 AC lot

Two tenant-occupied residences provide a compact rental setup with leases extending through March 2027.

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RV Park with Commercial Building
RV Park with Commercial Building

4509 S Nc 41 Hwy, Wallace, NC 28466

$450,000
2,800 sqft

The property combines an RV park with county water and approved plans for additional lots.

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Redevelopment Opportunity in Wallace, NC
Redevelopment Opportunity in Wallace, NC

4002 S Nc 41, Wallace, NC 28466

$250,000
2.37 AC lot

2+ acres with 10,000+ SF, ready for redevelopment.

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Based on your search, we've compiled 17 Potential Opportunities for your consideration. Besides 6 Active listings in Wallace, NC, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 4 Off-Market properties to explore as potential leads, plus 3 Land Listings that present a potential for development.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Professionally Managed Duplex
Professionally Managed Duplex

207 W Bridgers Street, Burgaw, NC 28425

$299,000
1,560 sqft 0.16 AC lot

Two-unit residential property with one occupied side, a porch, and public water and sewer service.

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Multifamily Property with Two Homes
Multifamily Property with Two Homes

170 Loop Rd, Burgaw, NC 28425

$685,000
3,600 sqft

Two vacant residences have separate wells, septic systems, and individual homesites.

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Two-Property Mobile Home Park Portfolio
Two-Property Mobile Home Park Portfolio

109 Smiths MHP Lane, Chinquapin, NC 28521

$1,147,217

Portfolio includes established manufactured housing communities in two Eastern North Carolina counties with expansion and improvement considerations.

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Two-Park Mobile Home Portfolio
Two-Park Mobile Home Portfolio

108 Smith Mhp Lane, Chinquapin, NC 28521

$1,147,217
16,345 sqft 7.38 AC lot

Two North Carolina communities combine 21 pads, 18 existing homes, public water, and septic service.

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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

Magnolia, NC Land Available
Magnolia, NC Land Available

14 Whispering Pines Lane lot: 14, Magnolia, NC 28453

Contact for pricing
0.46 AC lot

Residential land in Magnolia, NC, perfect for country living.

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Magnolia, NC Land For Sale
Magnolia, NC Land For Sale

13 Whispering Pines Lane lot: 14, Magnolia, NC 28453

Contact for pricing
0.46 AC lot

Residential land in Magnolia, perfect for country living.

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Agricultural Land Near Town
Agricultural Land Near Town

Roseboro Highway, Clinton, NC 28328

$65,000
2.64 AC lot

Agricultural acreage near Clinton with public water available and agricultural zoning.

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Off-Market Properties in Wallace, NC

Consider similar Off-Market properties in Wallace, NC. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

Wallace, NC 28466
MOBILE HOME PARK, TRAILER PARK

Wallace, NC 28466

$290,000
Estimated value
14.50 AC lot
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12086 Us Hwy 117th N
MOBILE HOME PARK, TRAILER PARK

12086 Us Hwy 117th N, Wallace, NC 28466-8924

$305,000
Estimated value
6.28 AC lot
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5712 Englishtown Rd
MOBILE HOME PARK, TRAILER PARK

5712 Englishtown Rd, Wallace, NC 28466-9138

$290,000
Estimated value
700 sqft 1.00 AC lot
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102 English Mhp Ln
MOBILE HOME PARK, TRAILER PARK

102 English Mhp Ln, Wallace, NC 28466-6185

$275,000
Estimated value
9.04 AC lot
View details

Wallace, NC Multifamily Properties Market Trends and Statistics

Explore 10 multifamily properties for sale in Wallace, NC, showcased through 6 active listings on our real estate platform. These investment opportunities span a total of 7,800 square feet of properties for sale, with an estimated market value of $2,970,000.

Sale prices for multifamily properties in Wallace, NC start at $210,000, averaging $495,000, and reaching up to $1,400,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Mobile home & RV parks 2
Apartment buildings 1
Duplexes 1

Demographics Overview

Population 8,746
Population Growth (5Y) -5.9%
Median Household Income $61,906
College Educated 30.1%

High-Yield Neighborhoods for Investment

Identify Wallace submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
28466 $495K

Taxes & Financing

Tax Rate (average for all types) 1.15%
Property Tax per SF $21.65 per SF
Tax Rate vs County Average 0.10 pp above county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Duplin County

New Delisted

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