Updated 5-Unit Apartment
For Sale
Contact for pricing
1821 Spencer Ave, New Bern, NC 28560
Fully occupied multifamily property with a mix of one- and two-bedroom units.
Property SizeContact for details
Days on Market143
Property Features for 1821 Spencer Ave
General Information
Standard status
Active
Property subtype
Multifamily
Occupancy
100%
Units
Unit Mix
2 x 2BR/1BA, 3 x 1BR/1BA
Multifamily Units
5
Additional Details
Cap Rate
7.5%
Listing Agency:
Keller Williams Realty
Listed By:
Domenico Grillo · License #283530
Source:
Crexi
Added: Apr 12
Changed: Aug 31
Last Checked: Aug 29 at 8:24PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Keller Williams Realty
Investment Insights
Based on property information with market context.
Located at 1821 Spencer Ave in New Bern, North Carolina, this updated apartment property contains five residential units and is currently 100% occupied. The unit mix includes two two-bedroom, one-bath apartments and three one-bedroom, one-bath apartments.
The property is offered with a reported 7.5 + cap and provides an established multifamily configuration for buyers evaluating an occupied apartment asset. Additional financial information is available through the listing contact. Square footage and zoning remain subject to confirmation by the buyer and buyer’s agent.
The property is offered with a reported 7.5 + cap and provides an established multifamily configuration for buyers evaluating an occupied apartment asset. Additional financial information is available through the listing contact. Square footage and zoning remain subject to confirmation by the buyer and buyer’s agent.
Key Highlights
- Five‑unit apartment property at 1821 Spencer Ave, New Bern, NC 28560
- 100% occupied
- Unit mix includes 2 two‑bedroom, one‑bath units and 3 one‑bedroom, one‑bath units
Property Analytics
Property Profile
Current Use
Lease Details
5
Residential units
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
336
Businesses Nearby
Explore this area
Business Placement
Demographics for 28560, NC
28,005
Population
14,165
Households
2
Avg Household Size
46
Median Age
25%
College-Educated
92%
High-School Grad
122.6 sq mi
ZIP Area
228
Density / Sq Mi
$62,142
Median Household Income
$37,379
Median Earnings
$992
Median Rent
$191,600
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - Fully occupied multifamily property with a mix of one- and two-bedroom units.
Where is this apartment building located?
The property is located at 1821 Spencer Ave New Bern, NC.
What are key features of this property?
This property features: Five‑unit apartment property at 1821 Spencer Ave, New Bern, NC 28560; 100% occupied; Unit mix includes 2 two‑bedroom, one‑bath units and 3 one‑bedroom, one‑bath units
