$1,400,000
( )
 $7,516 est/mo Sourced by Back At You

611 SE Railroad Street,Wallace, NC 28466

Wallace, NC 28466

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Description

Build your investment portfolio with these eight duplexes now available in Wallace. Built in 1993 with four buildings each have two rental units. Each unit /floor plan includes 2 bedrooms with 1.5 baths. Downstairs tenants enjoy a living area, half bath kitchen and dining space. Upstairs there are 2 bedrooms and a full bath. Washer /dryer hookups in place. Written leases are in place with some tenants having resided here for years. At time of listing only one unit was vacant. Duplexes have been well maintained by the owners and vinyl siding provides low maintenance. There is plenty of off paved off street parking. Units have town water, sewer and trash pick up via Town of Wallace. Present owners do pay those monthly water/sewer/trash service fees. Location is convenient to downtown shopping and Clement Street Park is conveniently located behind the property - enjoy a playground ,walking track, and tennis courts. Easy access to I 40 in less than 10 minutes.

Details

MLS #100593791
Listing TypeFor Sale
StyleMulti-Family
Sub-TypeResale
StatusActive
Year1993
Days On Site38
Listing Provided ByJohnson Realty | Valerie R Johnson

Features

Units8
Zoningr-8
Acreage0.86

Interior

Heating Yes / NoYes
Cooling Yes / NoYes
CoolingCentral Air

Exterior

RoofShingle
Construction MaterialsVinyl Siding, Wood Frame

Parking

Attached Garage Yes / NoNo
Garage Yes / NoNo
Parking FeaturesAsphalt, Off Street

Taxes

Tax Assessed Value163474
Tax Book Number0
Tax Legal Description.86+/- ac
Tax Year2025

Area Information

StateNC
CountyDuplin
CityWallace
Zip Code28466
Listing VS Median (in 28466)
Price:
$1,400,000
low | high
Med:
$379,150
100% of Average
On site:
38
low | high
Med:
93.5
40.641711229947% of Average
Sourced by Back At You

Market Activity 28466

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Learn More About This Property

Coldwell Banker Summit

Coldwell Banker Summit

 (828) 596-8508cbsummit@hpw.com
StateNC
CountyDuplin
CityWallace
Zip Code28466
Listing VS Median (in 28466)
Price:
$1,400,000
low | high
Med:
$379,150
100% of Average
On site:
38
low | high
Med:
93.5
40.641711229947% of Average
Sourced by Back At You
Listing Updated: August 18, 2026 at 5:48:34 PM PDT
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