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    Spencer, NC Multifamily Properties for Sale

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    Salisbury, NC East Spencer, NC Cleveland, NC
    Income-Producing Duplex in Spencer, NC
    $440,000
    0.22 Acres

    Income-Producing Duplex in Spencer, NC

    212 N Yadkin Avenue, Spencer, NC 28159

    Well-designed duplex ideal for investors or owner-occupants.

    • Income‑producing duplex ideal for investors or owner‑occupants.
    • Each unit features a functional two‑story layout with 3 bedrooms and 2 full bathrooms.
    • Open‑concept living areas with modern kitchens including an island and pantry.
    • Up to 5% closing credit and discounted property management for the first year (with preferred lender & property manager).
    • Private entrances and bedroom separation for enhanced privacy.
    Updated: Jan 19
    View details
    Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 1 Active listings in 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.

    Lexington Craftsman Bungalow with Income
    $345,000

    Lexington Craftsman Bungalow with Income

    Classic 1925 Craftsman with income potential near downtown Lexington.

    403 W Center Street, Lexington, NC 27292
    View details
    Multifamily Property with Four Units
    $940,000

    Multifamily Property with Four Units

    Four-unit multifamily property available for sale.

    1134 Grady St, Salisbury, NC 28144
    View details
    Investment Property with Tenant
    $75,000
    0.53 Acres

    Investment Property with Tenant

    Property with existing tenant and potential for further development.

    255/257 Pinehaven Drive, Lexington, NC 27292
    View details
    Downtown Salisbury Corner Property
    $759,000
    1.78 Acres

    Downtown Salisbury Corner Property

    1.78 acre corner property in downtown Salisbury.

    612 S Main Street, Salisbury, NC 28144
    View details

    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
    $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
    View details
    Land with RV and Workshop
    $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
    View details
    Cleared Lot in Quiet Setting
    $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
    View details
    Cleared Lot in Olin, NC
    $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
    View details

    Spencer, NC Multifamily Properties Investment Opportunities Market Analysis

    Explore 1 multifamily properties for sale in 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 $440,000.

    Sale prices for multifamily properties in Spencer, NC start at $440,000, averaging $440,000, and reaching up to $440,000 — 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

    Duplexes 1

    Demographics Overview

    Population 3,181
    Population Growth (5Y) +9.4%
    Median Household Income $63,396
    College Educated 26.8%

    High-Yield Neighborhoods for Investment

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

    Neighborhood Average Price
    28159 $440K

    Taxes & Financing

    Tax Rate (average for all types) 1.13%
    Property Tax per SF $12.54 per sq ft
    Tax Rate vs County Average 0.11 pp above county avg
    Average Loan-to-Value 65.0%

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