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    704 E 3Rd St E, Unit 3 Spencer, NC 28159

    Pending
    For Sale
    $250,000

    MULTI_FAMILY - Spencer, NC

    Lot size:
    0.23 Acres
    Days on Market:
    16
    Last Refresh:
    Dec 6 at 12:06 am

    Property Features for 704 E 3Rd St E

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Pending
    Rooms
    Bedroom 4, Bedroom 3, Bedroom 1, Bathroom 1, Basement, Bathroom 2, Bedroom 2
    Bedrooms
    4
    APN
    033285
    Parking features
    Carport, Driveway
    Pets allowed
    Yes
    Basement
    Dirt Floor
    Appliances
    Dishwasher, Electric Oven, Electric Range
    Lot size
    0.23 Acres

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Central
    Cooling system
    Central Air

    Building Details

    Year built
    1950
    Number of units
    2
    Building materials
    Wood

    Young + Co. (704) 780-7736 [email protected]

    Listing agent Renada Gullatte (704) 326-2211

    Listing date Nov 21, 2025

    MLS# 4316805 Listing URL

    Copyright © 2025 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.

    Overview

    Remodeled Duplex in Spencer, NC

    Located at 704 E 3rd Street in Spencer, NC, this fully remodeled duplex offers charm, modern updates, and income potential. The property contains two units within its approximately 1,756 square feet. Each unit features updated kitchens, refreshed baths, new flooring, and modern finishes. Major upgrades include new HVAC systems and a new roof installed in 2021. The property offers flexibility and value, suitable for owner-occupants or investors. It is located in the heart of Spencer, near Salisbury and the I-85 corridor. Nearby attractions include the North Carolina Transportation Museum, the historic downtown Spencer district, and Dan Nicholas Park. This duplex is a turnkey opportunity in a growing area, suitable for investors seeking immediate returns or buyers aiming to build wealth through real estate ownership. The lot size is 0.23 acres. Furnishings are negotiable. The property is located in Rowan County.
    Property Profile Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Pharmacy Auto Repair Shop Skin Care Clinic

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Spencer
    County
    Rowan
    State
    North Carolina
    Longitude
    -80.434464
    Latitude
    35.695717

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    FAQs

    What type of property is this?
    Duplex - Updated duplex with income potential in a convenient location.
    Where is this duplex located?
    The property is located at 704 E 3Rd St E, Unit 3 Spencer, NC.
    What is the asking price?
    The asking price for this property is $250,000.
    What are key features of this property?
    This property features: - Fully remodeled duplex with two move-in-ready units.; - New roof and HVAC systems installed in 2021.; - Tastefully renovated with updated kitchens and refreshed baths.
    (704) 326-2211
    Request Owner's contact information
    704 E 3Rd St E, Unit 3 Spencer, NC 28159
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    704 E 3Rd St E, Unit 3 Spencer, NC 28159
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