Welcome to this cute cottage in the heart of Wallace! It's framed for 2 bedrooms and 1 bath, and it's had some fresh updates with new siding, windows, new subfloor and a roof—just done this summer! This place is perfect for an investor looking to put their own spin on things. It needs a full interior rehab, so it's a blank slate just waiting for your creativity. Keep in mind, it won't qualify for traditional lending, but rehab loans and cash buyers are totally welcome. Don't miss out on this awesome opportunity to turn this cottage into something special!
Single-familyProperty Type
1951Year Built
6,970 sq ftLot Size
$190Est. Price/Sq.Ft.
Listed by Paula Beasley• REAL Broker LLC
Bought with Curt Simpson• Simpson Real Estate Group Inc
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Earn from this home
Refinance
$0
Est. cash available
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Rent
$992/mo
Redfin rental estimate
List your home for rent
Market trends in 28466, NC
Last updated August 2026
Buyer's Market
Seller's Market
Buyer's market
Sale-to-List Price
98.4%
+0.1% MoM
Median sale price
$344K
$26K MoM
Avg. days on market
98d
1 days MoM
Recently sold homes
27
1 MoM
Provided by Redfin
Sale history for 703 S Raleigh St
Date
Event
Price
Hive MLS #100469200
Oct 15, 2024
Sold
$87,000
$116/sq ft
Oct 3, 2024
Listed
$90,000
$120/sq ft
Hive MLS #100418295
Jan 18, 2024
Sold
$60,000
$80/sq ft
Dec 11, 2023
Listed
$68,000
$91/sq ft
OFFER Accepted - Awaiting seller signature. Ready to put your remodel skills and talents to work? This 2 BR/1BA home, built in 1951, needs your TLC. Interior features hardwood floors, small kitchen and den. Washer, dryer, stove, window a/c, and frig do not convey. Tax cards reflects 776 sq. ft. Buyer to verify footage. Home has no central heat/ air. Above ground propane gas tank on site is leased. Home to be sold ''as is, where is''. Town of Wallace, water, sewer and trash pick-up available.
Public Records
Nov 14, 1995
Sold
$20,000
$27/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$682 (+111.3%)
2024
$322
2023
$322 (−28.0%)
2022
$448 (+1.6%)
$23,800
2021
$441 (+152.0%)
$23,800
2020
$175 (−59.7%)
$34,300
2019
$434 (−17.2%)
$34,300
2018
$524 (+22.7%)
2017
$427 (+169.6%)
2016
$158 (+0.3%)
$7,700 + $14,000
$21,700
2014
$158
$7,700 + $14,000
$21,700
Tax history for 703 S Raleigh St
Year
Property tax
Land + Additions
Assessment*
2025
$682 (+111.3%)
2024
$322
2023
$322 (−28.0%)
2022
$448 (+1.6%)
$23,800
2021
$441 (+152.0%)
$23,800
2020
$175 (−59.7%)
$34,300
2019
$434 (−17.2%)
$34,300
2018
$524 (+22.7%)
2017
$427 (+169.6%)
2016
$158 (+0.3%)
$7,700 + $14,000
$21,700
2014
$158
$7,700 + $14,000
$21,700
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Beds
2
Baths
1
Stories
1
Lot width
63 ft.
Lot depth
123 ft.
Lot size
7,749 Sq. Ft.
Year renovated
1951
Sq. Ft.
776
Year built
1951
Style
Single Family Residential
County
Duplin County
APN
09 2553
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jul 20, 2026.
Property details
Parking
Parking/Garage Information
Parking Features: Gravel, Unpaved
Interior
Bathroom Information
# of Full Bathrooms: 1
Heating & Cooling
Cooling: None
Heating: None
Interior Features
Appliances: Electric Water Heater
Fireplace Features: None
Room Information
# of Rooms Total: 5
Basement Details: Crawl Space
Exterior
Exterior Features
Patio And Porch Features: Deck, Porch
Fencing: None
Roof: Shingle
Building Information
Sq. Ft.: 750
Levels: One
Construction Materials: Block, Vinyl Siding
Property Information
Property Type: Residential
Property Sub Type: Single Family Residence
Raw Mls Property Sub Type: Single Family Residence
Lot Information
Road Frontage Type: City Street, State Road
Lot Size : 0.16
Lot Size Dimensions: Irregular
Lot Size Area: 0.16
Lot Size Units: Acres
Lot Size Acres: 0.16
Zoning: Residential
Financial
Tax Information
Tax Annual Amount: $322.49
Utilities
Utility Information
Water Source: Public
Utilities: Sewer Available, Water Available
Location
Schools Information
Elementary School: Wallace
Middle Or Junior School: Wallace
High School: Wallace-Rose Hill
Location Information
Directions: Take W. Main Street / Hwy 41W to the Raleigh Street and turn left. Home is the last home on left before you enter Wilmington Court apartments.
Subdivision Name: Not In Subdivision
Public facts
Beds: 2
Baths: 1.0
Sq. Ft.: 776
Stories: 1.0
Lot Size: 7,749 square feet
Style: Single Family Residential
Year Built: 1951
Year Renovated: 1951
County: Duplin County
APN: 09 2553
Home facts updated by county records on Jul 20, 2026
Other
Listing Information
List AOR: Cape Fear Realtors MLS, Inc.
Around this home
Schools
Wallace Elementary
Public PreK-8 • Assigned • 1.0mi
2/10
Wallace-Rose Hill High
Public 9-12 • Assigned • 3.0mi
3/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
8/10 Heat Factor
7 days above 106° expected this year, 18 days in 30 years
8/10 Wind Factor
80% chance of strong winds in next 30 years
2/10 Air Factor
1 unhealthy days expected this year, 1 days in 30 years
Provided by First Street
Historical weather
Wallace, NC • 28466
Average low and high temperatures (°F)
52
28
58
36
72
45
79
53
81
60
89
69
90
74
85
68
82
65
74
51
68
44
57
35
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 9.2 hours in
June and 5.5 hours in December, which is comparable to the
U.S. average for solar exposure.
9.2 hrs
5.5 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$136,000 – $164,000
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