Apartment Building

Spring Lake, NC Apartment Buildings for Sale

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Six-Unit Multifamily Investment Opportunity
Updated: Apr 21
Six-Unit Multifamily Investment Opportunity

1603 Easterling Drive, Spring Lake, NC 28390

$430,000
Diversified income stream from multiple detached dwelling structures.
Located in a rapidly evolving growth corridor with increasing demand.
Strategic upside potential for repositioning, expansion, or redevelopment.
Strong accessibility to key corridors, employment hubs, and regional drivers.
Balance of in‑place cash flow and long‑term appreciation potential.
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Based on your search, we've compiled 16 Potential Opportunities for your consideration. Besides 1 Active listings in Spring Lake, NC, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 7 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Multifamily Investment Opportunity
Multifamily Investment Opportunity

157 Old Shaw Road, Fayetteville, NC 28303

$999,000
2,354 sqft

10-unit apartment complex with strong occupancy and rental income.

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Stabilized Multifamily Community in Raleigh
Stabilized Multifamily Community in Raleigh

2821 Club Plaza, Raleigh, NC 27603

$1,200,000
5,742 sqft 0.70 AC lot

7-unit multifamily property in South Raleigh, 100% occupied.

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Multifamily Property with 30 Units
Multifamily Property with 30 Units

6467 Yadkin Rd, Fayetteville, NC 28303

Contact for pricing
27,000 sqft

Multifamily property featuring 30 units, ideal for residential income.

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Development Opportunity with Rental Income
Development Opportunity with Rental Income

517 Buck Jones, Raleigh, NC 27606

$3,678,900

3186 sq. ft. property with ASR approval for development.

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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

Greenville Development Opportunity: 1.33 Acres
Greenville Development Opportunity: 1.33 Acres

71 Salters Road, Greenville, SC 29607

$699,900
1.33 AC lot

1.33 acre parcel suitable for multi-family development near downtown.

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Asheville Development Opportunity: 5.94 Acres
Asheville Development Opportunity: 5.94 Acres

215 N Bear Creek Road, Asheville, NC 28806

$2,500,000
5.94 AC lot

5.94-acre parcel zoned RM6, ideal for multi-family development.

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Central Business Zoned Development Land
Central Business Zoned Development Land

107 HOWARD Street, La Plata, MD 20646

$250,000
0.23 AC lot

Central Business zoned parcel with plans for a three-story mixed-use building and 15 parking spaces.

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Land Near Shepherd University
Land Near Shepherd University

8285 MARTINSBURG Pike, Shepherdstown, WV 25443

$650,000
3.70 AC lot

Prime land near Shepherd University with development potential.

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Off-Market Properties in Spring Lake, NC

Consider similar Off-Market properties in Spring Lake, NC. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

290 Northpoint Rd
GARDEN APT, COURT APT (5+ UNITS)

290 Northpoint Rd, Spring Lake, NC 28390-9019

$1,680,000
Estimated value
7,904 sqft 1.25 AC lot
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16 Wedgewood Dr
GARDEN APT, COURT APT (5+ UNITS)

16 Wedgewood Dr, Spring Lake, NC 28390-7344

$16,730,000
Estimated value
2,000 sqft 15.01 AC lot
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75 Jeff St
GARDEN APT, COURT APT (5+ UNITS)

75 Jeff St, Spring Lake, NC 28390-7343

$17,045,000
Estimated value
3,264 sqft 0.53 AC lot
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825 Azalea Dr
GARDEN APT, COURT APT (5+ UNITS)

825 Azalea Dr, Spring Lake, NC 28390-7729

$15,875,000
Estimated value
3,975 sqft 1.31 AC lot
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842 Azalea Dr
GARDEN APT, COURT APT (5+ UNITS)

842 Azalea Dr, Spring Lake, NC 28390-7728

$17,775,000
Estimated value
5,550 sqft 1.10 AC lot
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56 Sweet Ln
GARDEN APT, COURT APT (5+ UNITS)

56 Sweet Ln, Spring Lake, NC 28390-7202

$39,795,000
Estimated value
5,200 sqft 6.90 AC lot
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25 Jeff St
GARDEN APT, COURT APT (5+ UNITS)

25 Jeff St, Spring Lake, NC 28390-7343

$11,465,000
Estimated value
3,264 sqft 0.46 AC lot
View details

Spring Lake, NC Apartment Buildings Market Trends and Statistics

Explore 8 apartment buildings for sale in Spring Lake, NC on our real estate platform. These investment opportunities span a total of 0 square feet of properties for sale, with an estimated market value of $430,000.

Sale prices for two-family homes in Spring Lake, NC start at $430,000, averaging $430,000, and reaching up to $430,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Demographics Overview

Population 24K
Population Growth (5Y) +1.6%
Median Household Income $58,750
College Educated 37.3%

High-Yield Neighborhoods for Investment

Identify Spring Lake submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
28390 $430K

Taxes & Financing

Tax Rate (average for all types) 1.21%
Property Tax per SF $36.81 per SF
Tax Rate vs County Average 0.18 pp above county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Cumberland County

New Delisted

Total CRE Inventory on Market (SF)

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