The real estate opportunity you've been waiting for has arrived! This income-producing investment property featuring not one, but TWO newly built (2024) detached rental units on an open one acre lot. Great for those seeking a multi-generational living setup, or those looking to invest. This property features a one-bedroom home as well as a studio, both designed for incredible rental potential. Each includes their own separate driveways, allowing the tenants ability to enjoy added privacy and convenience. BOTH units are currently leased, providing buyers with rental income immediately. Conveniently located simply five minutes from the quant town of downtown Wallace and ten minutes from Interstate 40. This inclusive property offers easy access to shopping, dining, and commuting routes. The expansive lot provides room to expand or take in the open space, making it a well-rounded investment.
For sale
$199,000
233 Hc Powers Road, Wallace, NC 28466
1beds
1,280sqft
Est.:
Single Family Residence
Built in 2024
1 Acres Lot
$194,600 Zestimate®
$155/sqft
$-- HOA
What's special
- 77 days |
- 238 |
- 12 |
Zillow last checked: 8 hours ago
Listing updated: December 11, 2025 at 02:19pm
Listed by:
Beks Palumbo 412-482-7097,
The Saltwater Agency LLC
Source: Hive MLS,MLS#: 100535673
Originating MLS: Cape Fear Realtors MLS, Inc.
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 1
- Bathrooms: 2
- Full bathrooms: 2
Primary bedroom
- Level: Primary Living Area
Heating
- Baseboard, Electric
Cooling
- Wall/Window Unit(s)
Features
- Walk-in Closet(s), Ceiling Fan(s), Blinds/Shades, Walk-In Closet(s)
- Has fireplace: No
- Fireplace features: None
Interior area
- Total structure area: 640
- Total interior livable area: 1,280 sqft
Property
Parking
- Parking features: On Street, Off Street, Unpaved
- Has uncovered spaces: Yes
Features
- Levels: One
- Stories: 1
- Patio & porch: Porch
- Fencing: None
Lot
- Size: 1 Acres
- Dimensions: 175 x 120
Details
- Parcel number: 093804 1 2
- Zoning: Residential
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Vinyl Siding
- Foundation: Slab
- Roof: Architectural Shingle
Condition
- New construction: No
- Year built: 2024
Utilities & green energy
- Sewer: Septic Tank
- Water: County Water
- Utilities for property: Water Connected
Community & HOA
Community
- Subdivision: Not In Subdivision
HOA
- Has HOA: No
Location
- Region: Wallace
Financial & listing details
- Price per square foot: $155/sqft
- Tax assessed value: $41,100
- Annual tax amount: $331
- Date on market: 10/9/2025
- Cumulative days on market: 158 days
- Listing agreement: Exclusive Right To Sell
- Listing terms: Commercial,Cash,Conventional
Estimated market value
$194,600
$185,000 - $204,000
$1,135/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 10/11/2025 | Listed for sale | $199,000$155/sqft |
Source: | ||
| 10/1/2025 | Listing removed | $199,000$155/sqft |
Source: | ||
| 8/10/2025 | Price change | $199,000-13.1%$155/sqft |
Source: | ||
| 7/11/2025 | Listed for sale | $229,000$179/sqft |
Source: | ||
| 6/1/2025 | Listing removed | $229,000$179/sqft |
Source: | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $331 | $41,100 |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$1,188/mo
Principal & interest
$995
Property taxes
$123
Home insurance
$70
Climate risks
Neighborhood: 28466
Nearby schools
GreatSchools rating
- 3/10Wallace ElementaryGrades: PK-8Distance: 2.9 mi
- 4/10Wallace-Rose Hill HighGrades: 9-12Distance: 3 mi
Schools provided by the listing agent
- Elementary: Wallace
- Middle: Wallace
- High: Wallace-Rose Hill
Source: Hive MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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