221 W Main Street Wallace, NC $ 146,300
221 W Main Street
$ 146,300
Foreclosure
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221 W Main Street

Wallace, NC, 28466
$ 146,300
Bedrooms4 Baths3.1 Sq 2,786

Monthly Estimate*

$ 913

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Single Family Home for sale in Wallace, NC

for $146,300 with 4 bedrooms and 3 full baths, 1 half bath. This 2,786 square foot home was built in 1930 on a lot size of 0.31.

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.

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Single Family Active

Price

$ 146,300

Bedrooms

4

Full Bath

3

Half Bath

1

Property Type

Single Family

Taxes

$ 0

Style

Single Family Residence

Lot Size

0.31

Year Built

1930

Town/City

Wallace

County/Region

Duplin

MLS | Web ID

100528033

Features
General
Living Area 2786.0
Heating Heat Pump Electric Forced Air
Cooling Heat Pump
Utilities Sewer Available Water Available
Possession Close Of Escrow At Closing
Roof Metal Shingle
Zoning R-10
Garage Spaces 0.0
Patio/Porch Features Covered Porch
Construction Materials Wood Siding
Year Built 1930
View See Remarks
Stories Count 2
Levels Two
Property Subtype Single Family Residence
Tax Year 2025
Parcel Number 09-3355
Accessibility None
County Duplin
Operating Expense 0.0
New Construction N
Property Type Residential
In City Limits? (Y/N) Y
Association Amenities Sidewalks
HOA N
Attached Garage N
Subdivision Name Not In Subdivision
Garage Y/N N
Other Structures Storage
Total Rooms 10
Full Baths 3
Status Active
Directions Located on Main Street in Wallace NC
High School Wallace-Rose Hill
City Wallace
High School District Duplin
Lot Size Units Acres
Lot Size Square Feet 13504.0
Carport Spaces 0.0
Carport Y/N N
Elementary School Wallace
Property Attached Y/N N
Land Lease Y/N N
Showing Instructions Appt Required Call Listing Office Lockbox Restricted Hours
Home Warranty Y/N N
Middle/Junior High School Wallace
Lease Considered Y/N N
Structure Type Wood Frame
Living Area Units Square Feet
Standard Status Active
Tax Assessed Value 163100
Legal Description Foreclosure deed for description is parcel 09-3355 only.
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Interior
Interior Amenities Master Downstairs Walk-in Closet(s) High Ceilings Bookcases Walk-in Shower Walk-In Closet(s)
Basement None
Flooring Carpet Tile
Master Bed Level Primary Living Area
Basement (Y/N) N
Air Conditioning Y/N N
Heating Y/N Y
Fireplace Y/N N
Half Baths 1
Total Bedrooms 4
Attic Features Permanent Stairs
Room Type Dining Room Living Room Dining Area Master Bedroom Bedroom 1 Bedroom 2 Bedroom 3 Other Bedroom 4
Total Baths 4
Living Area Range 2600 - 2799
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Exterior
Exterior Finish Wood Siding
Fencing None
Parking Features Unpaved On Site
Lot Features Corner Lot
Water Source Public
Total Parking 0.0
Lot Size Area 0.31
Foundation Details Crawl Space
Spa N
Building Area Total 2786
Lot Dimensions 65 x 210
Lot Size Acres 0.31
Road Surface Type Paved
Frontage Type See Remarks
Waterfront Y/N N
Road Frontage Type City Street State Road Paved
Crops Included Y/N N
Horse Y/N N
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Internal Only
Street Number 1 221
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* Excluded Features
List By
Valerie R Johnson

Listing Agent

Johnson Realty

Broker

valerie@johnsonrealtync.com

Email

Affordability Calculator

$913
Per Month
100%
0%
0%
Monthly Principal & Interest
$913
Monthly Property Taxes
--
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4736318 Elementary School
5040522 Middle School
Wallace-Rose Hill High School High School
Pricing History
DatePricePrice ChangeDescription
12/31/2025$146,300 -5.00% Price Down
12/15/2025$154,000 -35.48% Price Down
11/21/2025$238,700 -4.41% Price Down
10/30/2025$249,700 -2.65% Price Down
10/9/2025$256,500 -3.10% Price Down
9/27/2025$264,700 -5.36% Price Down
9/19/2025$279,700 -3.55% Price Down
8/29/2025$290,000 Listed Price

Map


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221 W Main Street, Wallace, NC, 28466 is a Single Family Home for sale at $146,300 with 2,786 sqft and a lot size of 0.31. 221 W Main Street has 4 bedrooms, 3.1 baths, and was built in 1930. The property's zip code is 28466 which is in Wallace, NC