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.
PARCELS INCLUDED: 09-3790, 09-1255, 09-3791 Prime commercial opportunity in Wallace on Hwy 41! 2,800 sq ft gutted building on 2 acres with excellent road frontage--ideal for a restaurant, garage, or retail space. Also includes a 4-acre RV park with 10 spots, 6 currently rented, generating $1,500/month in income with room to grow. Great visibility, expansion potential, and investment upside. Offered at $450,000. Additionally, the commercial building features two newly installed air handler units, along with updated electrical wiring and plumbing systems. Please note that within the RV park, all RVs and mobile homes are tenant-owned; this sale includes the lots only. The RV park includes a comprehensive business plan for expansion, with county-approved plans allowing for growth up to 14 total lots. The county water is connected.
Turnkey land opportunity on 35± acres in Wallace, NC. This established recreational property includes a pro-shop with an in-ground swimming pool and a large clubhouse -- a ready-made foundation for an operator looking to reopen, rebrand, or reimagine the course. The mixed terrain offers open space blended with mature natural areas, providing both open layout and scenic character. Massive road frontage delivers exceptional visibility and easy patron access, and with utilities already connected, the heavy lifting on infrastructure is done. The size, structures, and frontage open the door to a private club, event and wedding venue, sports or wellness destination, RV or recreational resort, or full redevelopment in a growing Duplin County corridor. Quick access to I-40 puts Wilmington and the coast within roughly an hour. Whether your plan is to restore the grounds, repurpose the clubhouse, or land-bank a high-frontage parcel with buildings and utilities in place, this is a rare canvas with real upside. This previous golf course can be rejuvenated with several holes that are 3-par in addition another 35+ adjacent acres can be purchased for an additional $485,000 giving you 2 more electric meter another well 3-4 more ponds w/ bridges, and possibly another 4-5 3-par golf fairways. Bring your vision and schedule a private showing today. Photos have been virtually staged using in house design services.
1-acre tract located directly across from a high-traffic national retailer along Hwy 41, offering excellent visibility and accessibility. Conveniently situated less than 4 minutes from I-40, this location provides strong connectivity for both local and regional traffic. Ideal for a variety of commercial uses including a bank, gas station, or quick-service restaurant. The property is within walking distance to major retailers, apartment communities, and multiple established strip centers, creating consistent exposure and built-in consumer traffic. An existing cinderblock structure remains on site and is considered to have no value; removal will likely be required due to its condition. Property includes a 16-foot easement for access from Hwy 41 (refer to deed and GIS map in MLS documents). Utilities, water, and sewer availability and associated hookup fees to be verified by the buyer with the Town of Wallace.
Approximately Six(6) Different 10 acre ''Previous Golf Course'' lots in Wallace NC. Selling Outright, and Seller-Financing is available if agreed. Some 10 acre areas go up to $250K each. Wallace, NC is next to I-40 and is 45 minutes from Wilmington, NC. Area is prone to flooding during ''Named'' storms and major rain events. Homes, Modulars, Mobile Homes, Barns, and Commercial buildings are acceptable Open zoning on all land! Old Golf Course with Picturesque Land, Mature Hardwoods, and Pines Ponds are on some of the land tracts All the land tracts for sale have cleared land and wooded land. A creek surrounds some of the tracts as the property line on portions

Wallace is located in North Carolina. Wallace, North Carolina has a population of 3,401. Wallace is more family-centric than the surrounding county with 37.06% of the households containing married families with children. The county average for households married with children is 25.92%.
The median household income in Wallace, North Carolina is $40,925. The median household income for the surrounding county is $45,744 compared to the national median of $69,021. The median age of people living in Wallace is 45.1 years.
The average high temperature in July is 90.2 degrees, with an average low temperature in January of 31.5 degrees. The average rainfall is approximately 53.9 inches per year, with 1.2 inches of snow per year.