Southern Pines, NC Residential income properties for Sale: Buy Residential Income Properties Near You

Updated: Jun 9, 2025

Leased Duplex with Two Updated Units

264 E Indiana Avenue, Southern Pines, NC 28387

$575,000

2,471 sqft

Duplex with both sides currently under lease
2‑bedroom, 1‑bath 268 side with wood floors and fenced backyard area
3‑bedroom, 2‑bath 264 side with remodeled kitchen and updated appliances
Interior features include breakfast bar, ceiling fans, and separate shower/tub‑shower bathrooms
Central air with heat pump heating; appliances include dishwasher, electric range, gas range, oven, refrigerator, and water heater

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This listing looks promising.

Here's a quick look at some key insights for

264 E Indiana Avenue, Southern Pines, NC 28387

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Est. Cap Rate

4.1%
NOI ÷ price
Est. NOI

$24K
Annual
Price @ 7% Cap

$337K
Suggested
Property Type

Single Family Residence
Built 1955

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Updated: Jan 1

Residential Income Property with Security Room

285 W New York Avenue, Southern Pines, NC 28387

$1,150,000

3,914 sqft 0.34 AC lot

1998 construction with brick veneer, synthetic stucco, and wood frame exterior
Roof is composition shingle; roof replaced in 2020
Utilities include public water and public sewer
Parking lot paved and relined in 2019; on‑site parking lot
On‑site lease in place and can be amended per the owner

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Downtown Duplex Income Property

175 W Connecticut Avenue, Southern Pines, NC 28387

$495,000

0.23 AC lot

Two-story duplex offers two bedrooms and two bathrooms on each floor.

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Based on your search, we've compiled 13 Potential Opportunities for your consideration. Besides 3 Active listings in Southern Pines, NC, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 2 Off-Market properties to explore as potential leads, 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.

Charming Multi-Family Investment Opportunity

133 /135 S Pine Street, Aberdeen, NC 28315

$1,175,000

4,800 sqft 0.46 AC lot

Four-unit multi-family property in historic downtown Aberdeen.

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Six-Unit Multifamily Investment Opportunity

1603 Easterling Drive, Spring Lake, NC 28390

$430,000

Multifamily asset in a growing Spring Lake corridor.

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Six-Unit Detached Dwelling Multifamily

1603 Easterling Drive, Spring Lake, NC 28390

Contact for pricing

For sale six-unit multifamily with multiple detached dwelling structures.

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Six-Unit Apartment Building

153 Old Course Road, Aberdeen, NC 28315

Contact for pricing

Under construction six-plex with 2-bedroom units, including three ground-floor and three upstairs layouts.

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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.

Southern Pines Residential Land Parcel

Yadkin Road, Southern Pines, NC 28387

$85,000

0.44 AC lot

0.44-acre lot near Southern Pines with easy highway access.

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Prime Lot Near Pine Needles

Grove Rd, Southern Pines, NC 28387

$300,000

0.55 AC lot

Build your dream home near world-class golf.

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Land in Country Club Neighborhood

35 Ponte Vedra Drive, Pinehurst, NC 28374

$60,000

2.57 AC lot

Residential land in established Pinehurst neighborhood.

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Wooded Lot in Aberdeen, NC

Thomas Avenue lot: 19-20, Aberdeen, NC 28315

$65,000

0.35 AC lot

Wooded 0.35 acre lot in Aberdeen, North Carolina.

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Off-Market Properties in Southern Pines, NC

Consider similar Off-Market properties in Southern Pines, NC. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

MOBILE HOME PARK, TRAILER PARK

1225 Central Dr, Southern Pines, NC 28387-2156

Value Estimation by Request

0.81 AC lot

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MOBILE HOME PARK, TRAILER PARK

1225 Central Dr, Southern Pines, NC 28387-2156

Value Estimation by Request

0.64 AC lot

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Southern Pines, NC Residential Income Properties Market Trends and Statistics

Explore 5 residential income properties for sale in Southern Pines, NC, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 6,385 square feet of properties for sale, with an estimated market value of $2,220,000.

Sale prices for residential income properties in Southern Pines, NC start at $495,000, averaging $740,000, and reaching up to $1,150,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

Neighborhood	Average Price
28387	$1.3M

Neighborhood

Average Price

28387

$1.3M

Southern Pines, NC Residential Income Properties for Sale

264 E Indiana Avenue, Southern Pines, NC 28387

285 W New York Avenue, Southern Pines, NC 28387

175 W Connecticut Avenue, Southern Pines, NC 28387