Multifamily

East Spencer, NC Multifamily Properties for Sale

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Salisbury, NC Spencer, NC Gold Hill, NC Cleveland, NC Granite Quarry, NC Brevard, NC Kinston, NC Linwood, NC
7-Unit Apartment Building
Updated: Feb 18
7-Unit Apartment Building

400 N Boundary Street, East Spencer, NC 28144

$575,000
1.06 AC lot
3 buildings containing 7 units
Unit mix includes two 3BR/1BA, four 1BR/1BA, and one 3BR/2BA units
1.06‑acre multifamily property
Single‑level layout across the units
Built in 1990 with aluminum and vinyl construction
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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.

Two-Story Duplex with Private Entrances
Two-Story Duplex with Private Entrances

101/103 Baldwin Avenue, Spencer, NC 28159

$450,000
2,610 sqft

Two-story duplex with private entrances, open living and dining areas, and rear patio access on both sides.

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Renovated Duplex with Leased Units
Renovated Duplex with Leased Units

134 & 136 Dunham Avenue, Salisbury, NC 28146

$254,900
1,550 sqft

Two residential units feature updated systems and interior finishes.

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Two-Story Duplex with Patio
Two-Story Duplex with Patio

101/103 Baldwin Avenue, Spencer, NC 28159

$450,000
0.13 AC lot

New-construction duplex with mirrored three-bedroom units, private entries, and efficient residential layouts.

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Occupied Two-Unit Duplex
Occupied Two-Unit Duplex

1595 N Long Street, Salisbury, NC 28144

$189,900
0.13 AC lot

Both apartments are leased month to month and include private outdoor areas with driveway parking.

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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.

Manufactured Home Lot with Road Access
Manufactured Home Lot with Road Access

235 Madison Road, China Grove, NC 28023

$36,000
0.75 AC lot

Unimproved 0.75-acre parcel zoned RMH with access via Madison Road, requiring well and septic for development.

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Improved Rural Land Parcel
Improved Rural Land Parcel

144 SPEAKS Road, Olin, NC 28660

$69,000
1.14 AC lot

1.14-acre parcel on Speaks Road with site work completed, utilities onsite, and restrictions limiting rear setback uses.

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Commercial Land with Storage Plan
Commercial Land with Storage Plan

130 Aviation Drive, Statesville, NC 28677

$389,000
8.03 AC lot

Conditionally zoned for mini storage and RV storage with public sewer service.

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Residential Land Lot
Residential Land Lot

1104 Bruce Street, Winston-salem, NC 27107

Contact for pricing
0.10 AC lot

MH-S zoned residential lot in Forsyth County, sold by online NCDOT auction with buyer-driven due diligence requirements.

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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.

Sale prices for multifamily properties in East Spencer, NC average $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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