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Four-Unit Multifamily Property
New
For Sale
$450,000

337 D Street, Spring Lake, NC 28390

MultiFamily, Spring Lake, NC

Property SizeContact for details
Days on Market4

Property Features for 337 D Street

General Information

Property type Residential Multi Family
Property subtype Duplex
Zoning description R5A - Residential District
Rooms Laundry Room
Patio and Porch features Porch
Interior features TubShower
Exterior features Fence, Porch
Fencing Fenced, Privacy
Lot features Dead End
Elementary school Manchester Elementary
Middle school Spring Lake Middle School
High school Pine Forest Senior High
Directions Take NC-210N/Murchison Rd, continue straight onto NC- 210N/Murchison Rd, Turn Left onto Lake Ave, Turn Left on S 3rd St, Turn Right onto Spring Ave, Turn Left onto N Grogg St, Turn Left onto C St, Turn Left onto D St. Duplexes are located pass the white privacy fence.
Standard status Active
APN 0511-18-3451

Taxes and HOA fees

Tax Description LTS 50-52 J FRANK WMS & WIFE SUB PT 5 D STREET (.50 ACS)
Legal Description LTS 50-52 J FRANK WMS & WIFE SUB PT 5 D STREET (.50 ACS)

Utilities

Sewer type Septic Tank
Heating system Heat Pump (Heating)
Cooling system Central Air
Water source Public

Amenities

fenced yard
washer/dryer

Building Details

Year built 1973
Number of units 4
Flooring type Laminate
Building materials Masonite
Architectural style Other
Listing Agency: FUSION PROPERTIES
Listed By: GARLINDA PRICE · License #265502
Added: Sep 21 Last Checked: Sep 23 at 11:06PM
MLS# 769673

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 four-unit multifamily property consists of two duplex buildings at 337, 339, 343, and 345 D Street. The configuration includes 8 beds and 4 baths, with each unit arranged as a two-bedroom, one-bath residence of approximately 650 square feet. Units were renovated during 2022-2023 and include appliances, washer and dryer, laminate flooring, heat-pump heating, central air, and porch access. The property and individual units are fenced, with privacy fencing and two parking spaces assigned to each unit. Public water serves the property, with septic tank sewer service.

The property is located in Spring Lake, approximately a 7-minute drive from the base and near shopping, dining, amenities, employment centers, and major roadways. The property includes a laundry room and Masonite construction, with a 1973 year built date. Buyer to verify zoning, rental information, square footage, permitted use, and other property details.

Key Highlights

  • Four total units arranged in two duplex buildings
  • 8 beds and 4 baths; each unit is 2/1
  • Approximately 650sq' per unit

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Law Firm HVAC Service Electrical Service Plumbing Service (Bike/Boat/Book/etc) Store Storage Facility

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

4
Residential units
100%
Occupancy

Location Intelligence

Trade Area within ½ mile

326
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 - Two duplex buildings offer renovated units with private fencing, appliances, laundry equipment, and dedicated parking.
Where is this multifamily property located?
The property is located at 337 D Street Spring Lake, NC.
What is the asking price?
The asking price for this property is $450,000.
What are key features of this property?
This property features: Four total units arranged in two duplex buildings; 8 beds and 4 baths; each unit is 2/1; Approximately 650sq' per unit
More about this property
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