221 W Main Street, Wallace, NC 28466

$154,000
Property Type: Residential Bedrooms: 4 Baths: 4 Square Footage: 2,786 Lot Size (sq. ft.): 13,504 Status: Active
Current Price: $154,000 List Date: 11/29/2025 Last Modified: 12/15/2025

Description

Over 80K price drop! Calling cash and conventional buyers! This four-bedroom, three bath property on a corner lot offers substantial investment opportunities for buyers focused on building wealth through real estate. The multiple bedrooms and bathrooms create strong rental income potential or excellent resale prospects after strategic improvements. Savvy investors will appreciate the renovation possibilities throughout this home. The character is undeniable! The living room centers around an attractive fireplace as a focal point that enhances the home's character and provides a gathering space for residents or guests. The interior features a lower level master suite with ensuite bath/ Master bath features a unique sunken shower/tub, formal dining room and a home office. Upstairs, three additional bedrooms share two baths. One bath is shared by two bedrooms, while a third is hallway accessible. Detached building with loft and covered open air storage, space are great for those who like to create, grow plants, or need storage. Served by Town of Wallace for water and sewer. Agents may review remarks section in MLS to submit offers. Prequal letter required with all offers. Small area of garage back wall area encroaches over the property line. See survey in MLS docs. ''AS IS '' SALE. No repairs to be completed by seller.

More Information MLS# 100528033

Building/Ext Features

ud_i_08: 2

Property Interior Info

ud_i_10: 2 Total SqFt - Heated (Primary + Separate): 2786 # Rooms: 10 # Baths - Full: 3 # Baths - Half: 1 # Baths - Total: 4 Master Bedroom Level: Primary Living Area Stories: 2 Fireplace Y/N: Yes SqFt - Heated (Primary): 2786 # Bedrooms: 4

Contract Info

Delayed Marketing?: No Sub-Type: Single Family Residence Construction Type: Stick Built List Price/SqFt: 55.28 Stipulation of Sale: Real Estate Owned Status: Active Marketing Start Date: 2025-08-29 Listing Price: 154000 Current Price: $154,000

Location Information

City Limits: Yes Marketing City: Wallace Secondary Subdivision: N/A Street #: 221 Pre Direction: W Street Name: Main Street Suffix: Street County: Duplin State/Province: NC Zip Code: 28466 Subdivision: Not In Subdivision Geo Lat: 34.733715 Geo Lon: -77.998968

Remarks and Showing

Sign on Property: Yes Directions to Property: Located on Main Street in Wallace NC

Property Exterior Info

New Construction: No Lot Acres: 0.31 Lot Dimensions: 65 x 210 Lot SqFt: 13504 Waterfront: No Location Type: Mainland

Legal & Taxes

Tax Assessed Value: 163100 Deed Book: 2085 Deed Page: 104 Legal: Foreclosure deed for description is parcel 09-3355 only. Broker Owner: No PID: 09-3355 Tax Identifier: 09-3355 Plat Book: 0 Plat Page: 0 Special Assessments: 0 Tax Year: 2025 Zoning: R-10 HOA: No Cobra Zone: No School District: Duplin Elementary School: Wallace Middle School: Wallace High School: Wallace-Rose Hill

Garage & Parking

Attached Garage Spaces: 0 Detached Garage Spaces: 0 Total # Garage Spaces: 0 Total Carport Spaces: 0

Parking Features

Dirt: 1 On Site: 1

HOA and Neigh Amenities

Sidewalk: 1

Attic

Stairs - Perm: 1

Basement

None: 1

Frontage Type

See Remarks: 1

Handicap Accessible

None: 1

View Type

See Remarks: 1

Construction

Wood Frame: 1

Current Service Providers

Electric Provider: Duke Energy Sewer Provider: City/Town Water Provider: City/Town

Exterior Finish

Wood Siding: 1

Terms

Cash: 1 Conventional: 1

Fencing

None: 1

Foundation

Crawl Space: 1

Flooring

Carpet: 1 Tile: 1

Patio and Porch Features

Covered: 1 Porch: 1

Roof

Metal: 1 Shingle: 1

Levels

Two: 1

Entry Level Information

Entry Level: 1

Road Type/Frontage

Paved: 1 Public (City/Cty/St): 1

Trash Collection

City Pick-UP: 1

Lot Features

Corner Lot: 1

Cooling

Heat Pump: 1

Heated SqFt

2600 - 2799: 1

Heating

Forced Air: 1

Heating System Fuel Source

Electric: 1

Utilities

Sewer Available: 1 Water Available: 1

Sewer

Municipal Sewer: 1

Water Source

Municipal Water: 1

Fireplace Features

Family Room: 1

Interior Features

Bookcases: 1 High Ceilings: 1 Master Downstairs: 1 Walk-in Shower: 1 Walk-In Closet(s): 1

Dining Room Type

Formal: 1

Other Structures

Storage: 1

Rooms

Bedroom 1: 1 Bedroom 1 Level: Second Bedroom 2: 1 Bedroom 2 Level: Second Bedroom 3: 1 Bedroom 3 Level: Second Bedroom 4: 1 Dining Room: 1 Dining Room Level: First Kitchen: 1 Kitchen Level: First Living Room: 1 Living Room Level: First Master Bedroom: 1 Master Bedroom Level: First Other: 1 Other Level: First

Legal Taxes

Year Built: 1930

Property Features

Frontage Type: See Remarks Handicap Accessible: None View Type: See Remarks Attic: Stairs - Perm Basement: None Construction: Wood Frame Exterior Finish: Wood Siding Fencing: None Foundation: Crawl Space Parking Features: Dirt; On Site Patio and Porch Features: Covered; Porch Roof: Metal; Shingle Levels: Two Trash Collection: City Pick-UP Lot Features: Corner Lot Cooling: Heat Pump Heating: Forced Air Heating System Fuel Source: Electric Utilities: Sewer Available; Water Available Sewer: Municipal Sewer Water Source: Municipal Water Fireplace Features: Family Room Flooring: Carpet; Tile Interior Features: Bookcases; High Ceilings; Master Downstairs; Walk-in Shower; Walk-In Closet(s) Heated SqFt: 2600 - 2799 Dining Room Type: Formal Other Structures: Storage HOA and Neigh Amenities: Sidewalk Rooms: Bedroom 1; Bedroom 2; Bedroom 3; Bedroom 4; Dining Room; Kitchen; Living Room; Master Bedroom; Other Terms: Cash; Conventional

Room Information

Dining Room Length: 18.00 Width: 12.00 Level: First Remarks: 18x12 Level: Down- 1st Floor Living Room Length: 14.00 Width: 16.00 Level: First Remarks: 14x16 Level: Down- 1st Floor Kitchen Length: 10.00 Width: 12.00 Level: First Remarks: 10x12 Level: Down- 1st Floor Master Bedroom Length: 17.00 Width: 12.00 Level: First Remarks: 17x12 Level: Down- 1st Floor Bedroom 1 Length: 16.00 Width: 12.00 Level: Second Remarks: 16x12 Level: Up- 2nd Floor Bedroom 2 Length: 14.00 Width: 13.00 Level: Second Remarks: 14x13 Level: Up- 2nd Floor Bedroom 3 Length: 13.00 Width: 13.00 Level: Second Remarks: 13x13 Level: Up- 2nd Floor Other Length: 10.00 Width: 15.00 Level: First Remarks: 10x15 Level: Down- 1st Floor Other Length: 10.00 Width: 10.00 Level: First Remarks: 10x10 Level: Down- 1st Floor Bedroom 4
Listing Office: Johnson Realty
IDX
Last Updated: December - 15 - 2025
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