Wallace, NC Residential Income Properties for Sale

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Teachey, NC Willard, NC Union, NC Rose Hill, NC Burgaw, NC Greenevers, NC Magnolia, NC Chinquapin, NC

7 properties

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Updated: Jul 25

Duplex with Two Tenant-Occupied Homes

231 & 233 Hc Powers Road, Wallace, NC 28466

$210,000

1,100 sqft 1.00 AC lot

Two tenant‑occupied homes built in 2024 on an approximately one‑acre lot
Primary home: 640 SF with 1 bedroom, 1 bathroom and a 30 SF front patio
Second home: 520 SF efficiency‑style cottage with open‑concept layout and a 25 SF front patio
Lease through March 2027 for one home and lease until September 2026 for the other
Block construction with baseboard electric heat and window or wall/window unit cooling

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Updated: Aug 2

Eight-Unit Duplex Portfolio

611 SE Railroad Street, Wallace, NC 28466

$1,400,000

0.86 AC lot

Eight duplexes across four buildings, with two rental units per building
Built in 1993 on 0.86 acres
Each unit includes 2 bedrooms and 1.5 baths
Written leases in place; only one unit was vacant at listing
Public water, sewer, and trash service through the Town of Wallace

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RV Park with Commercial Building

4509 Carolina 41, Wallace, NC 28466

$450,000

2,800 sqft 6.64 AC lot

Operating RV park with tenant-owned units, public water, and an adjacent commercial building suited to multiple business uses.

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Duplex Property with Two Homes

231 & 233 Hc Powers Road, Wallace, NC 28466

$210,000

1,100 sqft 1.00 AC lot

Two tenant-occupied residences provide established rental occupancy across a recently built residential income property.

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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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Multifamily Property with Duplex Buildings

611 SE Railroad Street, Wallace, NC 28466

$1,400,000

Four rental buildings offer two-bedroom layouts, on-site parking, and access to town-provided utilities and services.

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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 20 Potential Opportunities for your consideration. Besides 7 Active listings in Wallace, NC, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 5 Off-Market properties to explore as potential leads, plus 4 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.

Storefront with Two Rental Units

102 Wards Road, Rose Hill, NC 28458

$329,000

1,949 sqft 1.16 AC lot

Front storefront plus two rental units, including a DWMH and a house, on approximately 1.16 acres in RA zoning.

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COMMERCIAL - Rose Hill, NC

102 Wards Rd, Rose Hill, NC 28458

$329,000

1,949 sqft 1.16 AC lot

Front storefront plus two rental units, including a DWMH and a house, on a 1.16-acre residentially zoned property.

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Mobile Home Park Portfolio

109 Smiths MHP Lane, Chinquapin, NC 28521

$1,147,217

Two mobile home parks with existing pads and units, served by county water and septic, generating current income.

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Two-Property Mobile Home Park Portfolio

108 Smith Mhp Lane, Chinquapin, NC 28521

$1,147,217

16,345 sqft 7.38 AC lot

Two North Carolina parks offer manufactured-home pads with 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.

Pond-Front Residential Homesite

146 Muscadine Trail lot: 6, Wallace, NC 28466

$50,000

0.52 AC lot

Residentially zoned homesite in a gated golf community with pond frontage and walking trail access.

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Residential Lot in Gated Community

121 W Grandiflora Drive, Wallace, NC 28466

Contact for pricing

0.27 AC lot

Residential lot with water and sewer connections available in River Landing, a gated community in Wallace, NC.

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Residential Land in Gated Community

198 Cellars Way lot: 32, Wallace, NC 28466

$35,000

0.50 AC lot

Land for sale in River Landing gated community, Wallace, NC.

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Residential Land in River Landing

105 Legacy Oaks Drive, Wallace, NC 28466

$45,000

0.46 AC lot

Beautiful residential lot with golf course views in River Landing.

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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.

MOBILE HOME PARK, TRAILER PARK

Wallace, NC 28466

$290,000

Estimated value

14.50 AC lot

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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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Land

0 Nc-41, Wallace, NC 28466

Value Estimation by Request

10.00 AC lot

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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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MOBILE HOME PARK, TRAILER PARK

102 English Mhp Ln, Wallace, NC 28466-6185

$275,000

Estimated value

9.04 AC lot

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Wallace, NC Residential Income Properties Market Trends and Statistics

Explore 12 residential income properties for sale in Wallace, NC, showcased through 7 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 $4,370,000.

Sale prices for residential income properties in Wallace, NC start at $210,000, averaging $624,285, 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

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	$230K

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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