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East Spencer, NC Multifamily Properties for Sale

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Spencer, NC Salisbury, NC Gold Hill, NC

Multifamily Investment Opportunity in Spencer

$600,000

1.06 Acres

Multifamily Investment Opportunity in Spencer

400 N Boundary Street, East Spencer, NC 28144

Income-producing multifamily property with 7 units on 1.06 acres.

Income‑producing multifamily property with 7 units.
Located on a large 1.06‑acre lot in a quiet, secluded area.
Mix of unit sizes: two 3BR units, four 1BR units, and one 3BR unit.
One‑level layout enhances tenant accessibility.
Value‑add potential for investors seeking steady cash flow.

Updated: Feb 18

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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.

$940,000

Multifamily Property with Four Units

Four-unit multifamily property available for sale.

1134 Grady St, Salisbury, NC 28144

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$759,000

1.78 Acres

Downtown Salisbury Corner Property

1.78 acre corner property in downtown Salisbury.

612 S Main Street, Salisbury, NC 28144

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$448,777

11.71 Acres

Land Approved for 86 Townhomes

11.71 acres approved for 86 townhomes in Landis, NC.

Phillips Street, Landis, NC 28088

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$849,777

22.18 Acres

Land Approved for 86 Townhomes

22.18 acres approved for 86 townhomes in Landis, NC.

N Chapel Street, Landis, NC 28088

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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.

$36,000

0.75 Acres

Residential Land in China Grove

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

235 Madison Road, China Grove, NC 28023

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$150,000

1.14 Acres

Land with RV and Workshop

1.14 acre parcel in Olin, NC with RV.

144 SPEAKS Road, Olin, NC 28660

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$56,000

0.62 Acres

Cleared Lot in Quiet Setting

0.62 acre lot in Olin, NC, with space and privacy.

124 SPEAKS Road, Olin, NC 28660

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$46,000

0.98 Acres

Cleared Lot in Olin, NC

0.98 acre cleared lot in a peaceful country setting.

130 SPEAKS Road, Olin, NC 28660

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East Spencer, NC Multifamily Properties Investment Opportunities Market Analysis

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 $600,000.

Sale prices for multifamily properties in East Spencer, NC start at $600,000, averaging $600,000, and reaching up to $600,000 — 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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Demographics Overview

Population 27K

Population Growth (5Y) +8.3%

Median Household Income $51,432

College Educated 18.8%

High-Yield Neighborhoods for Strategic Investment

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

Neighborhood	Average Price
Salisbury - 28144	$600K

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East Spencer, NC Multifamily Properties for Sale

Multifamily Investment Opportunity in Spencer

Income-producing multifamily property with 7 units on 1.06 acres.