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Sold for $302,000
  • $302,000

    560 W Manchester Rd, Spring Lake, NC 28390

    --beds
    0baths
    --sqft
    Multi Family
    Built in ----
    -- sqft lot
    $-- Zestimate®
    $--/sqft
    $1,271 Estimated rent

    Home value

    Not available

    Estimated sales range

    Not available

    $1,271/mo

    Zestimate® history
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    What's special

    Positioned within the expanding Spring Lake and Fort Liberty growth corridor, this rare residential investment opportunity consists of four individual single-family homes situated across approximately 4.80± acres with direct road frontage and an established residential footprint in one of Cumberland County’s evolving housing markets. Unlike traditional multifamily assets, the property offers the flexibility and privacy of detached residential homes while preserving future adaptability and long-term upside potential. The combination of existing cash flow, land scale, and surrounding development activity creates a compelling opportunity for investors seeking both immediate income and strategic positioning within a market supported by continued population growth, infrastructure expansion, and strong housing demand driven in part by proximity to Fort Liberty. The property currently operates under legacy non-conforming zoning characteristics, creating a unique opportunity for purchasers with land planning, entitlement, redevelopment, or infill development vision to evaluate potential future site refinement and density enhancement strategies through proper planning, engineering, and municipal approval processes. While seller makes no representations or guarantees regarding rezoning, density increases, subdivision, or future entitlements, the overall parcel size, existing residential footprint, and surrounding development trends may support additional long-term upside potential for qualified buyers pursuing strategic redevelopment concepts. Existing rents appear to present future upside potential relative to evolving market conditions, further supporting value-add or long-term hold strategies. Some capital improvements have already been completed, and ownership may consider additional roof improvements with an acceptable offer prior to closing. Property features a combination of public sewer and septic systems and is located within a military-influenced corridor with controlled/restricted airspace due to proximity to Fort Liberty. The Spring Lake market continues to experience ongoing residential growth and increased investor interest, making opportunities with both existing residential income and future land flexibility increasingly limited. Buyer to independently verify all zoning, land use, utility access, infrastructure, rental projections, financing options, development potential, airspace restrictions, and permitted uses. Property sold as-is. No trash service fee; included within property taxes.

    Zillow last checked:

    Listing updated:

    Listed by:

    EMELIA NOA,

    THE ENTENTE REAL ESTATE GROUP

    Bought with:

    EMELIA NOA, 218506

    THE ENTENTE REAL ESTATE GROUP

    Source: LPRMLS,MLS#: 760759MLS LogoOriginating MLS: Longleaf Pine Realtors

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bathrooms: 0
    Cooling
    • Central Air, Electric
    Features
    • Flooring: Carpet, Luxury Vinyl Plank

    Property

    Details
    • Parcel number: 9592947346
    • Special conditions: None

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family

    Utilities & green energy

    • Sewer: Other
    • Water: Lake

    Community & neighborhood

    Location
    • Region: Spring Lake
    • Subdivision: Spring Lake

    Price history

    DateEventPrice
    7/7/2026Sold$302,000-15.9%
    Source: LPRMLS #760759 Report a problem
    5/8/2026Pending sale$359,000
    Source: LPRMLS #760759 Report a problem
    4/15/2026Listed for sale$359,000
    Source: LPRMLS #760759 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$4,253 +15.8%$202,228 +57.5%
    2024$3,673 +15.5%$128,365 +0.2%
    2023$3,181 $128,115
    2022$3,181 $128,115
    2021$3,181 $128,115
    2020-- $128,115
    2019$3,065 $128,115
    2018$3,065 $128,115
    2017$3,065 +4.4%$128,115 +3%
    2016$2,937 $124,415
    2015$2,937 $124,415
    2014$2,937 +1.7%$124,415
    2013$2,887 +119.6%$124,415
    2011$1,315 $124,415
    2010-- $124,415
    2009-- $124,415 +41.5%
    2008-- $87,954
    2007-- $87,954
    2006-- $87,954
    2005-- --
    2004-- $87,954
    2003-- $87,954 -13%
    2002-- $101,092
    2001-- $101,092

    Find assessor info on the county website

    Neighborhood: 28390

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Middle: Spring Lake Middle School
    • High: Pine Forest Senior High

    Source: LPRMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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