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    Three-Building Multifamily Property Title is generated by Realmo AI

    400 N Boundary Street, East Spencer, NC 28144

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    Claim this Listing
    For Sale
    $575,000

    MULTI_FAMILY - East Spencer, NC

    Lot size:
    1.06 Acres
    Added:
    Feb 18, 2026
    Days on Market:
    138
    Last Refresh:
    Jul 6 at 3:06 pm

    Property Features for 400 N Boundary Street

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Zoning
    R-1
    Bedrooms
    13
    Bathrooms
    8
    Rooms
    Bedroom 6, Bathroom 1, Bathroom 6, Bedroom 1, Bedroom 11, Bathroom 7, Bedroom 10, Bedroom 5, Bathroom 5, Bedroom 7, Bathroom 3, Bedroom 2, Bedroom 9, Bathroom 4, Bedroom 3, Bathroom 8, Bedroom 12, Bedroom 8, Bathroom 2, Bedroom 13, Bedroom 4
    Parking features
    Parking Lot
    Standard status
    Active
    APN
    027041
    Lot size
    1.06 Acres

    Taxes and HOA fees

    Tax Description
    1.06AC CALC

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Baseboard
    Cooling system
    Window Unit(s)

    Building Details

    Year built
    1990
    Floors in Building
    1
    Number of units
    7
    Building materials
    Aluminum, Vinyl

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    Contact an agent
    Shanteria Williams

    Listing agent Shanteria Williams

    Listing office Keller Williams South Park 5925 Carnegie Blvd. Suite 250, Charlotte, NC

    Listing date Feb 18, 2026

    MLS# 4347066 Listing URL

    Copyright © 2026 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.

    HighLights

    • Multifamily property on 1.06 acres with 3 buildings and 7 total units
    • Unit mix: Units A & B are 3BR/1BA; Units C–F are 1BR/1BA; Unit G is 3BR/2BA
    • One‑level unit layout with no stairs for tenant accessibility
    • Year built: 1990
    • Public sewer available; heating includes baseboard and cooling includes window unit(s)
    • Parking available in a parking lot

    Overview

    This for-sale multifamily investment features three separate buildings totaling seven units on 1.06 acres. The property is arranged on a one-level layout with no stairs, supporting tenant accessibility and day-to-day convenience. Unit mix is straightforward: Units A & B are 3BR/1BA, Units C through F are 1BR/1BA, and Unit G is 3BR/2BA.

    The property is located at 400 N Boundary Street in East Spencer, Rowan County, North Carolina, under R-1 zoning. The setting is described as quiet and secluded in the public remarks. A neighboring lot at N Boundary Street is also listed for sale (MLS #4347706), which may be of interest to buyers considering future expansion.

    With a combination of 1-bedroom and larger 3-bedroom units, the building configuration can appeal to a range of tenant needs while keeping operations consolidated across three buildings. The clear one-level design and defined unit count may be well suited for investors seeking a residential income property with an established household mix.
    Property Profile Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Map

    City
    East Spencer
    County
    Rowan
    State
    North Carolina
    Longitude
    -80.430667
    Latitude
    35.675613

    FAQs

    What type of property is this?
    Apartment building - Income-producing multifamily with 7 one-level units across three buildings and a practical unit mix for multiple household types.
    Where is this apartment building located?
    The property is located at 400 N Boundary Street East Spencer, NC.
    What is the asking price?
    The asking price for this property is $575,000.
    What are key features of this property?
    This property features: Multifamily property on 1.06 acres with 3 buildings and 7 total units; Unit mix: Units A & B are 3BR/1BA; Units C–F are 1BR/1BA; Unit G is 3BR/2BA; One‑level unit layout with no stairs for tenant accessibility
    More about this property
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