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231 & 233 Hc Powers Road

Wallace, NC 28466
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Bed 2

Bed

Bath 2

Bath

Acres1

Acre(Lot)

Exceptional Investment Opportunity - Two Income-Producing Homes on 1 Acre! Don't miss this rare opportunity to own two charming homes on approximately one acre, offering immediate rental income and long-term investment potential. The primary home features 640 square feet with 1 bedroom, 1 bathroom, and a welcoming 30-square-foot front patio--a cozy outdoor space perfect for relaxing. The second home is a 520-square-foot efficiency-style cottage with an open-concept layout and its own 25-square-foot front patio, making it an attractive option for tenants seeking comfortable, low-maintenance living. Both homes were built in 2024 and are currently tenant-occupied and leased through March 2027, providing a steady income stream from day one. This makes the property an excellent opportunity for investors looking for an established rental property with reliable occupancy already in place. Situated on approximately one acre, the property offers ample outdoor space and potential for future possibilities, subject to local zoning and regulations. Wallace NC is a small town on I-40 that is convenient to Raleigh, NC and Wilmington, NC. Whether you're expanding your investment portfolio or seeking a unique property with built-in rental income, this versatile offering is one you won't want to miss. Schedule your private showing today!

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Detail Ic Property Details

Property Type : Residential Income

Price : $210,000

AD Id : 88414706

MLS Id : 100591586

Beds : 2

Lot Size : 1 Acre

Year Built : 2024

County : Duplin

  • Map Map

Map

Feature Features

  • Bedroom Information

    Total beds: 2

    Bathroom Information

    Total Baths: 2

    Room Information

    Basement: None
  • Roofing Information

    Shingle
  • Interior Features

    Roof: Shingle Appliances: Electric Water Heater
  • Heating & Cooling

    Has Heating: Yes Heating: Baseboard, Electric Has Cooling: Yes Cooling: Wall/Window Unit(s)

  • Building Information

    Year Built: 2024 Building Area Total: 1100 Construction Materials: Block, See Remarks Patio And Porch Features: See Remarks, Patio Pool Features: None Private Pool: No View: See Remarks
  • Exterior Features

    Exterior Features: None

  • Lot Information

    Lot Dimensions: 240x175 Main Square Feet: 1 Acres Lot Size Acres: 1 Lot Size Square Feet: 43560 Lot Description: Corner Lot

    Property Information

    Subdivision: Not In Subdivision Source Property Type: Residential Income Property SubType: Duplex Levels: One Property Age: 2

  • Listing Price Information

    Listing Price: $210000

  • Tax Information

    Parcel Number: 093804 1 1 Tax Block: 411 Tax Year: 2025 Annual Tax: $1303.4

  • Parking Information

    Unpaved, Off Street

  • School Information

    Elementary School: Wallace
    Junior High School: Wallace
    Senior High School: Wallace-Rose Hill
  • Utility Information

    Cable Available, Water Available, Electricity Available, Electricity Connected, Water Connected
  • Location Information

    Direction: 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
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The data relating to real estate on this website comes in part from the Internet Data Exchange program of Hive MLS. All information is deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change, or withdrawal. Neither listing broker(s) nor ByOwner shall be responsible for any typographical errors, misinformation, or misprints, and shall be held totally harmless from any damages arising from reliance upon these data. Copyright ©2026 Hive MLS LLC. All Rights Reserved.

ByOwner last updated this listing 08/01/2026 @ 11:24

MLS: 100591586 LISTED BY: Janiel Blackman, J Blackman Real Estate SOURCE: Hive MLS (North Carolina Regional)

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