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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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