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Pending
  • $359,000

    560 W Manchester Rd, Spring Lake, NC 28390

    --beds
    0baths
    --sqft
    : Get pre-qualified
    Multi Family
    Built in ----
    -- sqft lot
    $341,600 Zestimate®
    $--/sqft
    $-- HOA

    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.
    43 days
    |
    99
    |
    2
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    EMELIA NOA,

    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 & HOA

      Community
      • Subdivision: Spring Lake
      Location
      • Region: Spring Lake

      Financial & listing details

      • Tax assessed value: $202,228
      • Annual tax amount: $4,253
      • Date on market: 4/15/2026
      • Cumulative days on market: 43 days
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        Estimated market value

        $341,600

        $321,000 - $359,000

        $1,128/mo

        Price history

        DateEventPrice
        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

        Monthly payment

        Est. payment

          Payment breakdown

          Explore the cost of this home by adjusting the details. Changes won't be saved.
          All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
          HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
          Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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          Climate risks

          Neighborhood: 28390

          Getting around

          6 / 100
          Car-Dependent
          28 / 100
          Somewhat Bikeable

          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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