Residential Income

Spencer, NC Residential Income Properties for Sale

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Salisbury, NC East Spencer, NC Cleveland, NC Gold Hill, NC Kinston, NC Brevard, NC Linwood, NC Granite Quarry, NC
Two-Story Duplex with Patios
Updated: Jul 21
Two-Story Duplex with Patios

101/103 Baldwin Avenue, Spencer, NC 28159

$449,000
0.13 AC lot
Two‑unit duplex with mirrored floor plans
Each side includes 3 bedrooms and 2.5 bathrooms
Two‑story layouts with private entrances
0.13‑acre lot at 101/103 Baldwin Avenue
Rear patios and driveway parking
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Two-Story Duplex with Private Entrances
Updated: Aug 8
Two-Story Duplex with Private Entrances

101 /103 Baldwin Ave, Spencer, NC 28159

$449,000
2,610 sqft
Two‑unit duplex with 2,610 square feet
Each side includes 3 bedrooms and 2.5 bathrooms
Two‑story mirror‑image floor plans
Private entrances for both residences
Main‑level kitchens feature islands and pantries
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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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Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
Based on your search, we've compiled 11 Potential Opportunities for your consideration. Besides 3 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.

Occupied Two-Unit Duplex
Occupied Two-Unit Duplex

1595 N Long Street, Salisbury, NC 28144

$189,900
1,440 sqft

Two leased residences feature private outdoor areas and shared gravel parking.

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Occupied Two-Unit Duplex
Occupied Two-Unit Duplex

1595 N Long Street, Salisbury, NC 28144

$189,900
0.13 AC lot

Both apartments are leased month to month and include private outdoor areas with driveway parking.

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Land, Lexington, NC
Land, Lexington, NC

620 Frank Fleer Road, Lexington, NC 27292

$169,000
0.33 AC lot

Single family properties · 0.33 Acres

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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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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 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 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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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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Salisbury Country Club Land Opportunity
Salisbury Country Club Land Opportunity

W Henderson Street, Salisbury, NC 28144

$249,900
0.53 AC lot

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

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Spencer, NC Residential Income Properties Market Trends and Statistics

Explore 3 residential income properties for sale in Spencer, NC, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 5,220 square feet of properties for sale, with an estimated market value of $1,347,000.

Sale prices for residential income properties in Spencer, NC average $449,000 — 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

Duplexes 3
Multifamily properties 3

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 average listing prices of real estate assets

Neighborhood Average Price
28159 $450K

Taxes & Financing

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

Listings Trend

New vs delisted commercial listings in Rowan County

New Delisted

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