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Rented Multifamily Property
For Sale
$850,000

307 N Main Street, Spring Lake, NC 28390

MultiFamily, Spring Lake, NC

Property SizeContact for details
Days on Market428

Property Features for 307 N Main Street

General Information

Property type Residential Multi Family
Property subtype Duplex
Rooms Laundry Room
Interior features CeilingFans, KitchenExhaustFan, TubShower
Subdivision SPRING LAKE
Standard status Active

Utilities

Sewer type Public Sewer
Heating system Baseboard
Water source Public

Building Details

Number of units 16
Flooring type Carpet, Laminate, Vinyl
Building materials BrickVeneer, Frame
Listing Agency: PREMIERE REAL ESTATE SERVICES
Listed By: MICHAEL SWINNEY · License #270689
Added: Jul 16, 2025 Changed: Sep 15 Last Checked: Sep 16 at 6:06PM
MLS# 747128

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 multifamily property includes duplex and single-family residences that are currently rented. Interior features include ceiling fans, kitchen exhaust fans, tub-and-shower bathrooms, and a laundry room. Flooring varies among carpet, vinyl, and laminate, while baseboard heating serves the interiors.

The buildings use a combination of brick veneer and frame construction. Public water and public sewer are in place, supporting the existing residential configuration at 307 N Main Street in Spring Lake, North Carolina.

Key Highlights

  • Duplex and single‑family residences are currently rented
  • Public water and public sewer
  • Brick veneer and frame construction

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Law Firm Real Estate Agency Electrical Service HVAC Service Locksmith Bakery

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

Location Intelligence

Trade Area within ½ mile

486
Businesses Nearby

Demographics for 28390, NC

23,799
Population
10,204
Households
2.3
Avg Household Size
31
Median Age
28%
College-Educated
93%
High-School Grad
60.2 sq mi
ZIP Area
395
Density / Sq Mi
$58,750
Median Household Income
$36,678
Median Earnings
$1,151
Median Rent
$195,200
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in South region

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

What type of property is this?
Multifamily property - Duplex and single-family residences are occupied, with public water and sewer serving the property.
Where is this multifamily property located?
The property is located at 307 N Main Street Spring Lake, NC.
What is the asking price?
The asking price for this property is $850,000.
What are key features of this property?
This property features: Duplex and single‑family residences are currently rented; Public water and public sewer; Brick veneer and frame construction
More about this property
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