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East Spencer, NC Residential Income 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.

$189,000

0.33 Acres

Lexington Home with No Restrictions

Home with recent updates and no deed restrictions, sold as-is.

620 Frank Fleer Road, Lexington, NC 27292

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$940,000

Multifamily Property with Four Units

Four-unit multifamily property available for sale.

1134 Grady St, Salisbury, NC 28144

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$1,200,000

10,000 SF

Downtown Salisbury Mixed-Use Property

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

122 E Innes Street, Salisbury, NC 28144

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$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

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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.

$97,000

2.42 Acres

Land in Spencer, North Carolina

Three parcels of land for sale in Spencer, NC.

217 SALISBURY Avenue N, Spencer, NC 28159

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$83,000

4.75 Acres

Salisbury Land For Sale

4.75 acre land parcel in Salisbury, North Carolina.

Hawkinstown Road, Salisbury, NC 28144

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Contact for pricing

0.16 Acres

Residential Land in Spencer, NC

Residential land for sale in Spencer, North Carolina.

Hollywood Drive, Spencer, NC 28159

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$249,900

0.53 Acres

Salisbury Country Club Land Opportunity

Residential land to build a dream home near Salisbury Country Club.

W Henderson Street, Salisbury, NC 28144

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East Spencer, NC Residential Income Properties Investment Opportunities Market Analysis

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 $600,000.

Sale prices for residential income 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 Residential Income Properties for Sale

Multifamily Investment Opportunity in Spencer

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