Residential Income

East Spencer, NC Residential Income Properties for Sale

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Salisbury, NC Spencer, NC Gold Hill, NC Cleveland, NC Brevard, NC Kinston, NC Linwood, NC Granite Quarry, 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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Realmo Analytics Monitor Off-market properties and contact owners who are ready to sell. Many signals applied to make quality leads for you. Get Leads
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.

Renovated 15-Unit Apartment Building
Renovated 15-Unit Apartment Building

306 N Jackson St, Salisbury, NC 28144

$1,850,000
9,930 sqft 0.80 AC lot

Updated interiors include new appliances, refreshed bathrooms, and contemporary fixtures throughout.

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Renovated Quadplex with Flex Spaces
Renovated Quadplex with Flex Spaces

1101 N Main St, Salisbury, NC 28144

$599,000
3,852 sqft

All four residences are rented and include one bedroom, two bathrooms, and adaptable bonus space.

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

101/103 Baldwin Avenue, Spencer, NC 28159

$449,000
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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Two-Story Duplex with Patios
Two-Story Duplex with Patios

101/103 Baldwin Avenue, Spencer, NC 28159

$449,000
0.13 AC lot

Nearly completed duplex with mirrored layouts, private entries, modern kitchens, and separate outdoor patio access.

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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.

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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Land For Sale, Salisbury, NC
Land For Sale, Salisbury, NC

730 W Innes Street, Salisbury, NC 28144

$250,000
3.60 AC lot

3.6 acre commercial land suitable for various businesses.

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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.

Sale prices for residential investment 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
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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