Multifamily

East Spencer, NC Multifamily Properties for Sale

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Spencer, NC Salisbury, NC Gold Hill, NC
Three-Building Multifamily Property
Updated: Feb 18
Three-Building Multifamily Property

400 N Boundary Street, East Spencer, NC 28144

$575,000
1.06 AC lot
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)
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Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 1 Active listings in East Spencer, NC, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 4 Land Listings that present a potential for development.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Multifamily Property with Four Units
Multifamily Property with Four Units

1134 Grady St, Salisbury, NC 28144

$940,000

Four-unit multifamily property available for sale.

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Lexington Craftsman Bungalow with Income
Lexington Craftsman Bungalow with Income

403 W Center Street, Lexington, NC 27292

$345,000

Classic 1925 Craftsman with income potential near downtown Lexington.

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Investment Property with Tenant
Investment Property with Tenant

255/257 Pinehaven Drive, Lexington, NC 27292

$75,000
0.53 AC lot

Property with existing tenant and potential for further development.

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Downtown Salisbury Corner Property
Downtown Salisbury Corner Property

612 S Main Street, Salisbury, NC 28144

$759,000
1.78 AC lot

1.78 acre corner property in downtown Salisbury.

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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

Residential Land in China Grove
Residential Land in China Grove

235 Madison Road, China Grove, NC 28023

$36,000
0.75 AC lot

0.75-acre lot suitable for residential use in Rowan County.

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Residential Land with Workshop
Residential Land with Workshop

144 SPEAKS Road, Olin, NC 28660

$85,000
1.14 AC lot

A cleared 1.14-acre parcel with an equipped workshop and county water availability for flexible rural use.

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Statesville Land Near Airport
Statesville Land Near Airport

130 Aviation Drive, Statesville, NC 28677

$389,000
8.03 AC lot

8.03 acres near I-40, approved for mini/RV storage.

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Forsyth County Land Auction Opportunity
Forsyth County Land Auction Opportunity

1104 Bruce Street, Winston-salem, NC 27107

Contact for pricing
0.10 AC lot

Land in Forsyth County offered via online auction.

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East Spencer, NC Multifamily Properties Market Trends and Statistics

Explore 1 multifamily properties for sale in East Spencer, NC on our real estate platform. These investment opportunities span a total of 0 square feet of properties for sale, with an estimated market value of $575,000.

Sale prices for multifamily properties in East Spencer, NC start at $575,000, averaging $575,000, and reaching up to $575,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Apartment buildings 1

Demographics Overview

Population 27K
Population Growth (5Y) +8.3%
Median Household Income $51,432
College Educated 18.8%

High-Yield Neighborhoods for Investment

Identify East Spencer submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
Salisbury - 28144 $575K

Listings Trend

New vs delisted commercial listings in Rowan County

New Delisted

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