Multifamily Property with 7
For Sale
Under Contract
$575,000
400 N Boundary Street, East Spencer, NC 28144
MULTI_FAMILY - East Spencer, NC
Lot Size1.06 Acres
Days on Market162
Property Features for 400 N Boundary Street
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
R-1
Zoning description
R1
Bedrooms
13
Bathrooms
8
Full bathrooms
8
Rooms
Bedroom 11, Bedroom 5, Bedroom 8, Bathroom 8, Bedroom 4, Bathroom 4, Bedroom 13, Bedroom 7, Bedroom 10, Bedroom 3, Bathroom 2, Bedroom 1, Bedroom 12, Bathroom 7, Bathroom 5, Bedroom 2, Bedroom 6, Bathroom 1, Bathroom 6, Bathroom 3, Bedroom 9
Parking features
Parking Lot
Elementary school
Unspecified
Middle school
Unspecified
High school
Unspecified
Standard status
Active Under Contract
APN
027041
Lot size
1.06 Acres
Taxes and HOA fees
Tax Description
1.06AC CALC
Legal 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
Listing Agency:
Keller Williams South Park · Keller Williams Realty
(704) 602-0400
Listed By:
Shanteria Williams
(912) 318-1119
Added: Feb 18
Changed: Jul 29
Last Checked: Jul 30 at 9:06PM
MLS# 4347066
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.
Investment Insights
Based on property information with market context.
This for-sale multifamily property consists of three buildings totaling seven units, all with a one-level layout and no stairs. The unit mix includes Units A & B as 3BR/1BA, Units C through F as 1BR/1BA, and Unit G as 3BR/2BA.
Located in East Spencer, North Carolina at 400 N Boundary Street, the property sits on 1.06 acres and is zoned R-1. A neighboring lot at N Boundary Street is also listed for sale under MLS #4347706.
The straightforward, stair-free configuration may support day-to-day accessibility, while the mix of unit sizes provides options for residential occupancy within the existing layout.
Located in East Spencer, North Carolina at 400 N Boundary Street, the property sits on 1.06 acres and is zoned R-1. A neighboring lot at N Boundary Street is also listed for sale under MLS #4347706.
The straightforward, stair-free configuration may support day-to-day accessibility, while the mix of unit sizes provides options for residential occupancy within the existing layout.
Key Highlights
- Multifamily property on 1.06 acres with 3 buildings and 7 total units
- Unit mix: 2 units with 3BR/1BA (Units A & B)
- Unit mix: 4 units with 1BR/1BA (Units C–F)
Property Analytics
Property Profile
Current Use
Lease Details
7
Residential units
Multi-tenant
Tenancy
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
56
Businesses Nearby
Explore this area
Business Placement
Demographics for 28144, NC
26,254
Population
12,655
Households
2.1
Avg Household Size
40
Median Age
27%
College-Educated
89%
High-School Grad
30.1 sq mi
ZIP Area
872
Density / Sq Mi
$51,432
Median Household Income
$29,787
Median Earnings
$982
Median Rent
$205,900
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Apartment building - For sale multifamily asset with three one-level buildings totaling seven units, including 3BR/1BA and 1BR/1BA configurations.
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: 2 units with 3BR/1BA (Units A & B); Unit mix: 4 units with 1BR/1BA (Units C–F)
