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Brick Duplex with Vacant Unit
New
For Sale
$325,000

309 Spring Street SW, Concord, NC 28025

Residential Income, Concord, NC

Property SizeContact for details
Lot Size0.25 Acres
Days on Market5

Property Features for 309 Spring Street SW

General Information

Property type Residential Multi Family
Property subtype Duplex
Zoning description RC
Bedrooms 4
Bathrooms 2
Full bathrooms 2
Rooms Bedroom 4, Bathroom 2, Bedroom 2, Bedroom 1, Bathroom 1, Bedroom 3
Patio and Porch features Porch
Interior features Attic Other
Appliances Electric Oven, Electric Water Heater, Refrigerator
Elementary school Unspecified
Middle school Unspecified
High school Unspecified
Standard status Active
APN 5630-04-8909-0000
Lot size 0.25 Acres

Taxes and HOA fees

Tax Description EAST SIDE SPRING ST 1.00LT
Legal Description EAST SIDE SPRING ST 1.00LT

Utilities

Sewer type Public Sewer
Heating system Heat Pump (Heating)
Cooling system Central Air

Amenities

front porch
back patio
laundry room

Building Details

Year built 1982
Floors in Building 1
Number of units 2
Flooring type Vinyl, Linoleum
Building materials Brick Full
Roof type Shingle
Additional Structures Other
Listing Agency: NorthGroup Real Estate LLC
Listed By: Reymon Morgan · License #223020
Added: Aug 21 Changed: Aug 24 Last Checked: Aug 25 at 3:06AM
MLS# 4415265

Copyright © 2026 Canopy MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

Built in 1982, this full-brick duplex contains two matching apartments, each with two bedrooms, one bathroom, a living room, kitchen with dining area, front porch, rear patio, and an unheated laundry room. Each unit is separately served by its own heat pump, while central air conditioning, shingle roofing, vinyl and linoleum flooring, and an electric water heater are among the existing features. The property is being sold as-is.

One apartment is vacant and available for viewing. The other is occupied under a lease running through November 30, 2026, and tenants pay all utilities. Situated on a 0.25-acre parcel at 309 Spring Street SW in Concord, the property has public sewer service and is near downtown Concord.

Key Highlights

  • Two‑unit duplex with matching apartment layouts
  • Each unit includes 2 bedrooms and 1 bathroom
  • One apartment is vacant; the other is leased through November 30, 2026

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Electrical Service (Bike/Boat/Book/etc) Store Dental Office Computer & Electronic Repair Veterinary Clinic Tech Support Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

856
Businesses Nearby

Demographics for 28025, NC

58,260
Population
23,759
Households
2.5
Avg Household Size
38
Median Age
33%
College-Educated
91%
High-School Grad
108.4 sq mi
ZIP Area
537
Density / Sq Mi
$79,271
Median Household Income
$43,167
Median Earnings
$1,223
Median Rent
$264,100
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Two mirrored apartments offer separate living spaces, kitchens, laundry rooms, porches, and patios, with one side currently vacant.
Where is this duplex located?
The property is located at 309 Spring Street SW Concord, NC.
What is the asking price?
The asking price for this property is $325,000.
What are key features of this property?
This property features: Two‑unit duplex with matching apartment layouts; Each unit includes 2 bedrooms and 1 bathroom; One apartment is vacant; the other is leased through November 30, 2026
More about this property
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