Real Estate Investment Properties for Sale in Wallace, NC

Looking for investment property in Wallace, NC with high ROI ?

Explore a variety of short-term homes & houses in Wallace, NC. Invest wisely with VRBO & Wallace, NC Airbnb properties available for purchase. Find your ideal investment property among our curated listings for a rewarding real estate venture.

Investment Property for Sale in Wallace, NC

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PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
198 Cedar Point Drive lot: 225 Wallace, NC Discover luxury and comfort in this beautifully remodeled home, nestled in the prestigious...	3 beds \| 5 baths \| 3,785 sq.ft.	$688,000	Airbnb cash on cash: 2.08% Traditional cash on cash: 5.3% Airbnb Rental Income: $3335 Traditional Rental Income: $4656 Airbnb ROI: 2.08% Traditional ROI: 5.3%
134 Pine Ridge Drive lot: Rr-55 Wallace, NC Welcome to the gated, award winning community of River Landing. This custom built brick ho...	3 beds \| 3 baths \| 3,200 sq.ft.	$599,900	Airbnb cash on cash: 2.43% Traditional cash on cash: 1.33% Airbnb Rental Income: $3335 Traditional Rental Income: $1979 Airbnb ROI: 2.43% Traditional ROI: 1.33%
332 Batchelor Bay Road Wallace, NC Escape to the peace and quiet of country life with this custom-built gem on Batchelor Bay ...	3 beds \| 3 baths \| 2,633 sq.ft.	$450,000	Airbnb cash on cash: 4.58% Traditional cash on cash: 4.05% Airbnb Rental Income: $3335 Traditional Rental Income: $2367 Airbnb ROI: 4.58% Traditional ROI: 4.05%
151 Pilot House Drive Wallace, NC $10,000 seller credit to the buyer to use as they chooser Discover the charm of 151 Pilo...	4 beds \| 3 baths \| 3,374 sq.ft.	$669,999	Airbnb cash on cash: 3.48% Traditional cash on cash: 2.16% Airbnb Rental Income: $4244 Traditional Rental Income: $2523 Airbnb ROI: 3.48% Traditional ROI: 2.16%
173 Firefly Drive lot: 561 Wallace, NC Welcome to your forever home in the heart of River Landing-a quiet, gated golf course comm...	5 beds \| 4 baths \| 3,740 sq.ft.	$660,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.17% Airbnb Rental Income: $null Traditional Rental Income: $3786 Airbnb ROI: N/A Traditional ROI: 4.17%
246 River Ridge Drive lot: 34 Wallace, NC This beautiful brick home in River Landing seamlessly blends timeless design with modern c...	4 beds \| 5 baths \| 5,022 sq.ft.	$740,000	Airbnb cash on cash: 2.78% Traditional cash on cash: 4.81% Airbnb Rental Income: $4244 Traditional Rental Income: $4752 Airbnb ROI: 2.78% Traditional ROI: 4.81%
118 Firethorn Circle lot: 66 Wallace, NC Home is Complete. Introducing the charming 1830 floor plan by Adams Homes. Step inside and...	4 beds \| 2 baths \| 1,830 sq.ft.	$343,000	Airbnb cash on cash: 7.69% Traditional cash on cash: 5.01% Airbnb Rental Income: $4244 Traditional Rental Income: $2485 Airbnb ROI: 7.69% Traditional ROI: 5.01%
114 Firethorn Circle lot: 65 Wallace, NC Home is Complete. The 2604 floor plan by Adams Homes is a stunning two-story home that off...	4 beds \| 3 baths \| 2,604 sq.ft.	$402,500	Airbnb cash on cash: 6.3% Traditional cash on cash: 4.96% Airbnb Rental Income: $4244 Traditional Rental Income: $2843 Airbnb ROI: 6.3% Traditional ROI: 4.96%
107 Firethorn Circle lot: 54 Wallace, NC Home is Complete. Discover the charm of the 1830 floor plan by Adams Homes, complete with ...	4 beds \| 2 baths \| 1,830 sq.ft.	$330,500	Airbnb cash on cash: 8.05% Traditional cash on cash: 5.28% Airbnb Rental Income: $4244 Traditional Rental Income: $2487 Airbnb ROI: 8.05% Traditional ROI: 5.28%
127 Cherry Laurel Drive lot: 5 Wallace, NC Home is Complete. The Adams Homes 2604 floor plan is a beautifully designed two-story home...	4 beds \| 3 baths \| 2,604 sq.ft.	$437,900	Airbnb cash on cash: 5.65% Traditional cash on cash: 4.93% Airbnb Rental Income: $4244 Traditional Rental Income: $3055 Airbnb ROI: 5.65% Traditional ROI: 4.93%
161 Firethorn Circle lot: 42 Wallace, NC This Home is Complete. The 2100 floor plan by Adams Homes is a remarkable home design that...	4 beds \| 2 baths \| 2,100 sq.ft.	$360,500	Airbnb cash on cash: 8.04% Traditional cash on cash: 6.22% Airbnb Rental Income: $4244 Traditional Rental Income: $2734 Airbnb ROI: 8.04% Traditional ROI: 6.22%
132 Cedar Point Drive Wallace, NC Awesome brick home in River Landing with golf course directly behind! Practically everythi...	3 beds \| 3 baths \| 3,500 sq.ft.	$469,900	Airbnb cash on cash: 3.67% Traditional cash on cash: 3.94% Airbnb Rental Income: $3335 Traditional Rental Income: $2707 Airbnb ROI: 3.67% Traditional ROI: 3.94%
1035 Seven Iron Drive lot: 86 Wallace, NC The Tyler - This stunning new construction home in Ayden, NC offers 4 spacious bedrooms, 3...	4 beds \| 4 baths \| 2,602 sq.ft.	$369,900	Airbnb cash on cash: 4.71% Traditional cash on cash: 5.45% Airbnb Rental Income: $3268 Traditional Rental Income: $2790 Airbnb ROI: 4.71% Traditional ROI: 5.45%
110 Firethorn Circle lot: 64 Wallace, NC This home is Complete! Step into the 1602 floor plan by Adams Homes, a design that invites...	3 beds \| 2 baths \| 1,602 sq.ft.	$345,500	Airbnb cash on cash: 6.09% Traditional cash on cash: 3.87% Airbnb Rental Income: $3335 Traditional Rental Income: $1870 Airbnb ROI: 6.09% Traditional ROI: 3.87%
994 Test Farm Road Wallace, NC Newly Renovated & Move-In Ready in Wallace- Just 5 minutes from the heart of downtown Wall...	3 beds \| 3 baths \| 1,833 sq.ft.	$259,990	Airbnb cash on cash: 8.82% Traditional cash on cash: 6.52% Airbnb Rental Income: $3335 Traditional Rental Income: $2025 Airbnb ROI: 8.82% Traditional ROI: 6.52%
107 Parkland Drive Wallace, NC Welcome to the Terra C plan, a beautifully designed new construction home in the heart of ...	3 beds \| 2 baths \| 1,676 sq.ft.	$426,000	Airbnb cash on cash: 6.64% Traditional cash on cash: 3.84% Airbnb Rental Income: $4175 Traditional Rental Income: $2173 Airbnb ROI: 6.64% Traditional ROI: 3.84%
182 Cherry Laurel Drive lot: 19 Wallace, NC Home is Complete. Discover the charm of the 1830 floor plan by Adams Homes, complete with ...	4 beds \| 2 baths \| 1,830 sq.ft.	$340,150	Airbnb cash on cash: 8.57% Traditional cash on cash: 4.41% Airbnb Rental Income: $4244 Traditional Rental Income: $2020 Airbnb ROI: 8.57% Traditional ROI: 4.41%
238 Sycamore Forest Drive lot: 873 Wallace, NC Experience Comfort, Community & Convenience in One of America's Top-Rated Master-Planned N...	5 beds \| 5 baths \| 3,935 sq.ft.	$679,000	Airbnb cash on cash: N/A Traditional cash on cash: 5.94% Airbnb Rental Income: $null Traditional Rental Income: $5207 Airbnb ROI: N/A Traditional ROI: 5.94%
188 Cherry Laurel Drive lot: 18 Wallace, NC Completed Home. Nestled in a gated community, this thoughtfully designed 1707 floor plan c...	3 beds \| 2 baths \| 1,707 sq.ft.	$334,250	Airbnb cash on cash: 6.32% Traditional cash on cash: 4.21% Airbnb Rental Income: $3335 Traditional Rental Income: $1925 Airbnb ROI: 6.32% Traditional ROI: 4.21%
125 Falling Water Way lot: B6 Wallace, NC Custom-Built riverfront retreat in the prestigious River Landing!! Experience the charm of...	5 beds \| 5 baths \| 4,349 sq.ft.	$899,900	Airbnb cash on cash: N/A Traditional cash on cash: 3.64% Airbnb Rental Income: $null Traditional Rental Income: $4597 Airbnb ROI: N/A Traditional ROI: 3.64%
518 Forest Lane Wallace, NC This stately brick veneer home sits on a corner lot in the town of Wallace, NC. Step insid...	4 beds \| 3 baths \| 2,774 sq.ft.	$399,999	Airbnb cash on cash: 6.86% Traditional cash on cash: 5.38% Airbnb Rental Income: $4244 Traditional Rental Income: $2792 Airbnb ROI: 6.86% Traditional ROI: 5.38%
134 Currie Street Wallace, NC Brand new for you in Wallace! Let the sun shine in! This bright and cheery home can be you...	3 beds \| 3 baths \| 1,867 sq.ft.	$349,900	Airbnb cash on cash: 6.57% Traditional cash on cash: 5.16% Airbnb Rental Income: $3335 Traditional Rental Income: $2127 Airbnb ROI: 6.57% Traditional ROI: 5.16%
107 Boxwood Court lot: 21 Wallace, NC Dry wall is complete. The 1727 floor plan by Adams Homes is a remarkable home design that ...	3 beds \| 2 baths \| 1,727 sq.ft.	$354,200	Airbnb cash on cash: 5.92% Traditional cash on cash: 4.29% Airbnb Rental Income: $3335 Traditional Rental Income: $2049 Airbnb ROI: 5.92% Traditional ROI: 4.29%
111 Boxwood Court lot: 22 Wallace, NC Dry wall is hung and estimated to be completed November/December. The 2100 floor plan by A...	4 beds \| 2 baths \| 2,100 sq.ft.	$401,000	Airbnb cash on cash: 7.14% Traditional cash on cash: 4.11% Airbnb Rental Income: $4244 Traditional Rental Income: $2209 Airbnb ROI: 7.14% Traditional ROI: 4.11%
115 Boxwood Court lot: 23 Wallace, NC Dry wall is complete, estimated completion date is November/December. The 2100 floor plan ...	4 beds \| 2 baths \| 2,100 sq.ft.	$381,000	Airbnb cash on cash: 7.56% Traditional cash on cash: 4.38% Airbnb Rental Income: $4244 Traditional Rental Income: $2212 Airbnb ROI: 7.56% Traditional ROI: 4.38%
120 Cherry Laurel Drive lot: 56 Wallace, NC Welcome to the 1707 plan by Adams Homes with pond views. Nestled in a gated community, thi...	3 beds \| 2 baths \| 1,707 sq.ft.	$358,100	Airbnb cash on cash: 5.84% Traditional cash on cash: 4% Airbnb Rental Income: $3335 Traditional Rental Income: $1970 Airbnb ROI: 5.84% Traditional ROI: 4%
138 Cherry Laurel Drive lot: 59 Wallace, NC Dry wall is hung. The 2100 floor plan by Adams Homes is a remarkable home design that offe...	4 beds \| 2 baths \| 2,100 sq.ft.	$404,100	Airbnb cash on cash: 7.07% Traditional cash on cash: 4.07% Airbnb Rental Income: $4244 Traditional Rental Income: $2210 Airbnb ROI: 7.07% Traditional ROI: 4.07%
1856 Old Mill Road Wallace, NC Do you have a home based business and need a large workshop for your equipment or vehicles...	3 beds \| 2 baths \| 1,040 sq.ft.	$319,900	Airbnb cash on cash: 6.47% Traditional cash on cash: 3.37% Airbnb Rental Income: $3335 Traditional Rental Income: $1657 Airbnb ROI: 6.47% Traditional ROI: 3.37%
141 Sycamore Lakes Drive lot: 965 Wallace, NC Modern Farmhouse Living Meets Coastal Convenience. A must see model called the Emerald by ...	4 beds \| 4 baths \| 2,889 sq.ft.	$589,900	Airbnb cash on cash: 4.25% Traditional cash on cash: 4.83% Airbnb Rental Income: $4244 Traditional Rental Income: $3664 Airbnb ROI: 4.25% Traditional ROI: 4.83%
135 Sycamore Lakes Drive lot: 966 Wallace, NC Don't miss the opportunity to see the Telfair Model by River Landing Builders. This newly ...	3 beds \| 3 baths \| 2,977 sq.ft.	$599,900	Airbnb cash on cash: 2.81% Traditional cash on cash: 3.36% Airbnb Rental Income: $3335 Traditional Rental Income: $2900 Airbnb ROI: 2.81% Traditional ROI: 3.36%
146 Long Leaf Drive Wallace, NC This custom-built home by renowned builder Johnny Stone offers luxurious living in the pre...	4 beds \| 4 baths \| 4,147 sq.ft.	$825,000	Airbnb cash on cash: 2.75% Traditional cash on cash: 2.47% Airbnb Rental Income: $4244 Traditional Rental Income: $3130 Airbnb ROI: 2.75% Traditional ROI: 2.47%
194 Pilot House Drive Wallace, NC This to-be-built residence offers a thoughtfully designed floor plan as the starting point...	3 beds \| 3 baths \| 1,947 sq.ft.	$479,900	Airbnb cash on cash: 4.53% Traditional cash on cash: 4.49% Airbnb Rental Income: $3335 Traditional Rental Income: $2573 Airbnb ROI: 4.53% Traditional ROI: 4.49%
376 Red Fox Run Drive lot: 304 Wallace, NC POTENTIAL TO ASSUME CURRENT VA MORTGAGE! Tucked inside the gates of River Landing, one of ...	5 beds \| 4 baths \| 3,158 sq.ft.	$687,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.26% Airbnb Rental Income: $null Traditional Rental Income: $3999 Airbnb ROI: N/A Traditional ROI: 4.26%
185 Legacy Woods Drive Wallace, NC Welcome to 185 Legacy Woods nestled on a quiet cul-de-sac with sweeping water and golf cou...	4 beds \| 3 baths \| 3,340 sq.ft.	$735,000	Airbnb cash on cash: 3.34% Traditional cash on cash: 2.55% Airbnb Rental Income: $4244 Traditional Rental Income: $2807 Airbnb ROI: 3.34% Traditional ROI: 2.55%
168 Cedar Point Drive Wallace, NC Nestled in the prestigious gated community of River Landing, this beautiful 3-bedroom, 3-b...	3 beds \| 3 baths \| 2,799 sq.ft.	$589,900	Airbnb cash on cash: 3.31% Traditional cash on cash: 3.1% Airbnb Rental Income: $3335 Traditional Rental Income: $2473 Airbnb ROI: 3.31% Traditional ROI: 3.1%
158 Maple Creek Drive Wallace, NC Welcome to 158 Maple Creek Drive. Located in the gorgeous gated golf course community of R...	3 beds \| 5 baths \| 2,833 sq.ft.	$539,000	Airbnb cash on cash: 3.4% Traditional cash on cash: 5.19% Airbnb Rental Income: $3335 Traditional Rental Income: $3490 Airbnb ROI: 3.4% Traditional ROI: 5.19%
214 Legacy Woods Drive Wallace, NC Stunning brick home with 2,815 square feet, 4 bedrooms, 3.5 bathrooms, office, sunroom, an...	4 beds \| 4 baths \| 2,815 sq.ft.	$549,900	Airbnb cash on cash: 4.76% Traditional cash on cash: 5.38% Airbnb Rental Income: $4244 Traditional Rental Income: $3668 Airbnb ROI: 4.76% Traditional ROI: 5.38%
513 E Main Street Wallace, NC Charming 1940 Brick Home on a Beautiful Half-Acre Corner Lot - Walkable Downtown Location!...	4 beds \| 3 baths \| 2,975 sq.ft.	$384,900	Airbnb cash on cash: 7.18% Traditional cash on cash: 5.69% Airbnb Rental Income: $4244 Traditional Rental Income: $2810 Airbnb ROI: 7.18% Traditional ROI: 5.69%
311 Red Fox Run Drive Wallace, NC $10,000 in closing cost assistance! Upscale living with long golf views of Hole #3 of the ...	4 beds \| 4 baths \| 3,945 sq.ft.	$715,000	Airbnb cash on cash: 3.05% Traditional cash on cash: 2.93% Airbnb Rental Income: $4244 Traditional Rental Income: $3271 Airbnb ROI: 3.05% Traditional ROI: 2.93%
233 Hc Powers Road Wallace, NC The real estate opportunity you've been waiting for has arrived! This income-producing inv...	1 beds \| 2 baths \| 1,280 sq.ft.	$199,000	Airbnb cash on cash: 3.74% Traditional cash on cash: 6.71% Airbnb Rental Income: $1602 Traditional Rental Income: $1707 Airbnb ROI: 3.74% Traditional ROI: 6.71%

Real Estate investment in Wallace, NC

There are 49 properties for sale in the city of Wallace . The median list price in Wallace is $404,100 and the average price per square foot is $166. In December 2025, the average monthly cash on cash return in Wallace is 4.00%. The average monthly rental income in Wallace is $2,485.

Wallace, NC Real Estate Investing: FAQs for Buyers, Sellers and Investors

There are 49 investment properties available for sale in Wallace.

The ROI for Short-Term is higher than the Long-Term in Wallace with average rental income of $3,335.

Your search for investment property begins and ends here

Investment Property for Sale in Wallace, NC

198 Cedar Point Drive lot: 225

Wallace, NC

3 beds | 5 baths | 3,785 sq.ft.

$688,000

Airbnb cash on cash: 2.08%

Traditional cash on cash: 5.3%

Airbnb Rental Income: $3335

Traditional Rental Income: $4656

Airbnb ROI: 2.08%

Traditional ROI: 5.3%

134 Pine Ridge Drive lot: Rr-55

Wallace, NC

3 beds | 3 baths | 3,200 sq.ft.

$599,900

Airbnb cash on cash: 2.43%

Traditional cash on cash: 1.33%

Airbnb Rental Income: $3335

Traditional Rental Income: $1979

Airbnb ROI: 2.43%

Traditional ROI: 1.33%

332 Batchelor Bay Road

Wallace, NC

3 beds | 3 baths | 2,633 sq.ft.

$450,000

Airbnb cash on cash: 4.58%

Traditional cash on cash: 4.05%

Airbnb Rental Income: $3335

Traditional Rental Income: $2367

Airbnb ROI: 4.58%

Traditional ROI: 4.05%

151 Pilot House Drive

Wallace, NC

4 beds | 3 baths | 3,374 sq.ft.

$669,999

Airbnb cash on cash: 3.48%

Traditional cash on cash: 2.16%

Airbnb Rental Income: $4244

Traditional Rental Income: $2523

Airbnb ROI: 3.48%

Traditional ROI: 2.16%

173 Firefly Drive lot: 561

Wallace, NC

5 beds | 4 baths | 3,740 sq.ft.

$660,000

Airbnb cash on cash: N/A

Traditional cash on cash: 4.17%

Airbnb Rental Income: $null

Traditional Rental Income: $3786

Airbnb ROI: N/A

Traditional ROI: 4.17%

246 River Ridge Drive lot: 34

Wallace, NC

4 beds | 5 baths | 5,022 sq.ft.

$740,000

Airbnb cash on cash: 2.78%

Traditional cash on cash: 4.81%

Airbnb Rental Income: $4244

Traditional Rental Income: $4752

Airbnb ROI: 2.78%

Traditional ROI: 4.81%

118 Firethorn Circle lot: 66

Wallace, NC

4 beds | 2 baths | 1,830 sq.ft.

$343,000

Airbnb cash on cash: 7.69%

Traditional cash on cash: 5.01%

Airbnb Rental Income: $4244

Traditional Rental Income: $2485

Airbnb ROI: 7.69%

Traditional ROI: 5.01%

114 Firethorn Circle lot: 65

Wallace, NC

4 beds | 3 baths | 2,604 sq.ft.

$402,500

Airbnb cash on cash: 6.3%

Traditional cash on cash: 4.96%

Airbnb Rental Income: $4244

Traditional Rental Income: $2843

Airbnb ROI: 6.3%