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.
Pending
$359,000
560 W Manchester Rd, Spring Lake, NC 28390
--beds
0baths
--sqft
Est.: Get pre-qualified
Multi Family
Built in ----
-- sqft lot
$341,600 Zestimate®
$--/sqft
$-- HOA
What's special
- 43 days |
- 99 |
- 2 |
Zillow last checked:
Listing updated:
Listed by:
EMELIA NOA,
THE ENTENTE REAL ESTATE GROUP
Source: LPRMLS,MLS#: 760759
Originating 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
Estimated market value
$341,600
$321,000 - $359,000
$1,128/mo
Price history
| Date | Event | Price |
|---|---|---|
| 5/8/2026 | Pending sale | $359,000 |
Source: | ||
| 4/15/2026 | Listed for sale | $359,000 |
Source: | ||
Public tax history
| Year | Property taxes | Tax 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 | -- | $101,092 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
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.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: 28390
Nearby schools
GreatSchools rating
- 6/10Manchester ElementaryGrades: K-5Distance: 2.4 mi
- 6/10Spring Lake MiddleGrades: 6-8Distance: 2.5 mi
- 6/10Pine Forest HighGrades: 9-12Distance: 6.9 mi
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.
A local agent can set up tours, give advice and negotiate with sellers.
A local lender can help you make sure your offer is ready when you are.
- North Carolina
- Cumberland County
- Spring Lake
- 28390
- 560 W Manchester Rd




