Refine Search
Sort by
$210,000
2 Beds 2 Baths
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!

231 & 233 Hc Powers Rd, Wallace

$450,000
3 Beds 4 Baths
Welcome to your own slice of country paradise. Situated on approximately 7 acres, this beautiful farmhouse offers the perfect blend of peaceful rural living and the practical features every homesteader, hobby farmer, or horse enthusiast dreams about. The inviting front porch is made for slow mornings with a cup of coffee, evening sunsets in a rocking chair, and everything in between. Step inside to discover a spacious, thoughtfully designed home featuring new laminate flooring, creating a fresh, stylish, and low-maintenance living space. The open layout makes gathering with family and friends effortless, while the kitchen is truly the heart of the home, offering an abundance of cabinetry, a large center island, generous workspace, a sunny breakfast area, and beautiful views of the pasture through the kitchen windows, making everyday moments feel a little more peaceful. The primary suite offers a relaxing retreat with a spacious walk-in closet and a thoughtfully designed ensuite featuring two separate vanities, giving everyone their own space to start and end the day. The guest bathroom is equally functional with dual vanities, making busy mornings a breeze for family and guests alike. Upstairs, the unfinished attic provides incredible potential for additional living space, a recreation room, home office, or simply exceptional storage. An unfinished BONUS space upstairs is not included in the homes square footage and is ready to finish your way! Outside is where this property truly shines. A horse-ready six stall barn with is ready to welcome your equine partners from day one and is equipped with both power and water, making it ideal for caring for livestock, creating a workshop, or supporting your future farm plans. A portion of the property is already fenced, while the additional pasture provides plenty of open space to customize and expand to fit your vision. Whether you're dreaming of horses, hobby farming, gardens, or simply room to roam, this property offers the flexibility to create the country lifestyle you've always imagined. For added peace of mind, the home features a FORTIFIED roof installed in 2024. As an added bonus, the tractor, implements and mower are negotiable, making it even easier to settle into your new country lifestyle. If you've been searching for a place where mornings begin with birdsong, evenings end beneath wide Carolina skies, and there's room to build the life you've always imagined, this is the opportunity you've been waiting for. Welcome home.

2361 Willard Rd, Wallace

$649,999
3 Beds 4 Baths
If you've been dreaming of peaceful country living with room to roam, this 30-acre property offers the perfect blend of comfort, function, and opportunity. With over 2,700 square feet of single-level living, this 3-bedroom, 3.5-bath home is thoughtfully designed for both everyday living and entertaining. Inside, you'll find a formal dining room and a spacious kitchen featuring granite countertops and a gas range. The standout feature is the central atrium--an incredibly versatile space with a floor drain that can be used for movie nights with a projector, an indoor-outdoor entertaining area, a garden retreat, or a creative play space. One secondary bedroom includes its own private entrance and half bath, ideal for guests, multigenerational living, or a home office. The primary suite offers a relaxing escape with a jetted tub, walk-in shower, and an oversized walk-in closet. There's no carpet throughout the home, and the durable metal roof adds long-term peace of mind. Step outside to a large back deck overlooking the expansive acreage--perfect for taking in sunset views. The property includes a detached two-car metal garage with a wired workshop and wood stove, plus two additional farm buildings ready for storage, livestock, or equipment. A chicken coop with storage and a small pond for ducks and geese add to the charm. Approximately 10 acres are open and 20 wooded, providing endless possibilities for riding ATVs, hunting, gardening, or simply enjoying the privacy. Two additional 3-bedroom septic systems and an extra well are already in place, offering flexibility for future homes or a private compound. A long driveway and wooded buffer enhance the sense of seclusion while keeping you connected to nearby conveniences. Sellers have added a reverse osmosis water filtration system to the kinetic. They also added a fountain to the Pond. The property has additional septic tank along with a hot tub and chicken coop. Yellow Building does not convey

335 Bull Tail Rd, Wallace

$150,000
4 Beds 2 Baths
Investor special! Large 4-bedroom 2-bath brick two story home on large lot. Close to town. Needs TLC but could be a perfect flip or rental, or for the RIGHT DIY homeowner, it could be your perfect new home. Four bedrooms OR 3 with a home-office. Please call for appointment today. NOTE: This is a short sale subject to 3rd party approval. The home is being sold as-is, where is a condition with no warranties expressed or implied. Inspections are for informational purposes only. Buyer will be responsible for all FHA, VA or lender repairs needed for financing, if required. Please note that if the town requires a certificate of occupancy, this will be the buyer's responsibility. All contracts must have wet signatures (Bank(s) will not accept digital signatures) ** NOTE Buyer responsible for signing all applicable short sale negotiator disclosures.

570 W Main St, Wallace

Copyright 2026 NCRMLS. All rights reserved. North Carolina Regional Multiple Listing Service, (NCRMLS), provides content displayed here (“provided content”) on an “as is” basis and makes no representations or warranties regarding the provided content, including, but not limited to those of non-infringement, timeliness, accuracy, or completeness. Individuals and companies using information presented are responsible for verification and validation of information they utilize and present to their customers and clients. NCRMLS will not be liable for any damage or loss resulting from use of the provided content or the products available through Portals, IDX, VOW, and/or Syndication. Recipients of this information shall not resell, redistribute, reproduce, modify, or otherwise copy any portion thereof without the expressed written consent of NCRMLS.