Six-Unit Multifamily Investment
1603 Easterling Drive Spring Lake, NC 28390
For Sale
$430,000
Pending
MULTI_FAMILY - Spring Lake, NC
Days on Market98
Property Features for 1603 Easterling Drive
General Information
Property type
Residential Multi Family
Property subtype
Other
Standard status
Pending
APN
9592-93-2992.000
Taxes and HOA fees
Tax Description
IMP 1.10 ACS LD
Utilities
Sewer type
Septic Tank
Building Details
Year built
1937
Number of units
6
Listing Agency:
THE ENTENTE REAL ESTATE GROUP
(910) 527-8036
Listed By:
EMELIA NOA · License #218506
(910) 527-8036
Added: Apr 21
Changed: Jul 21
Last Checked: Jul 27 at 4:06PM
MLS# 761265
Copyright © 2026 Longleaf Pine Realtors. 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.
This six-unit asset is located in a rapidly evolving growth corridor. The property consists of multiple detached dwelling structures, each offering functional layouts. The improvements create immediate livability while supporting long-term value creation. Positioned in an area experiencing consistent expansion and reinvestment, the surrounding market is marked by increasing demand and ongoing development activity. The location benefits from strong accessibility to key corridors, employment hubs, and regional drivers, reinforcing its desirability for both tenants and future end users. The asset is well-suited for investors seeking a balance of in-place cash flow and strategic upside. Its current configuration provides stable income potential, while the broader market dynamics create a favorable environment for future repositioning, expansion, or redevelopment. Properties of this nature are increasingly positioned to benefit from appreciation and enhanced utilization in a corridor that continues to gain momentum. The property is located in Spring Lake, North Carolina, in Cumberland County.
Key Highlights
- 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.
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Apartment building - Multifamily asset in a growing Spring Lake corridor.
Where is this apartment building located?
The property is located at 1603 Easterling Drive Spring Lake, NC.
What is the asking price?
The asking price for this property is $430,000.
What are key features of this property?
This property features: 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.
