Residential Income

East Spencer, NC Residential Income 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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Downtown Salisbury Mixed-Use Property
Downtown Salisbury Mixed-Use Property

122 E Innes Street, Salisbury, NC 28144

$1,099,000
10,000 sqft

Versatile mixed-use property in historic Downtown Salisbury with redevelopment potential.

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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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Mixed-Use Property in Lexington, NC
Mixed-Use Property in Lexington, NC

403 W Center Street, Lexington, NC 27292

$365,000

Mixed-use property in Lexington's Historical District, suitable for business or residential.

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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.

Land in Spencer, North Carolina
Land in Spencer, North Carolina

217 SALISBURY Avenue N, Spencer, NC 28159

$97,000
2.42 AC lot

Three parcels of land for sale in Spencer, NC.

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Salisbury Land For Sale
Salisbury Land For Sale

Hawkinstown Road, Salisbury, NC 28144

$83,000
4.75 AC lot

4.75 acre land parcel in Salisbury, North Carolina.

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Residential Land in Spencer, NC
Residential Land in Spencer, NC

Hollywood Drive, Spencer, NC 28159

Contact for pricing
0.16 AC lot

Residential land for sale in Spencer, North Carolina.

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Salisbury Land Parcel For Sale
Salisbury Land Parcel For Sale

Hawkinstown Road, Salisbury, NC 28144

$199,000
10.02 AC lot

10 acre parcel zoned UR12 near downtown Salisbury.

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East Spencer, NC Residential Income Properties Market Trends and Statistics

Explore 1 residential income 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 residential income 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
Multifamily properties 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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