Excellent investment opportunity. 8-unit multi-family property located in Spring Lake, NC. Less than 10 minutes to military base and centrally located to shopping, dining, and all city amenities. This property is 2 brick Quadplexes that face each other and is 100% occupied. Each unit offers 2 bedrooms and 1 bathroom. Plenty of parking. Tenants pay their own utilities. Monthly rental income is right at $5k. Owner pays for lawn care, repairs and property mgmt fees. PLEASE DO NOT DISTURB TENANTS - VACANT PICS OF LATEST UNIT THAT WAS ON THE MARKET. INSPECTIONS CAN BE SCHEDULED ONCE UNDER CONTRACT AND DD MONEY HAS BEEN RECEIVED.
Seller will entertain all offers.
Sold
$550,000
127/129 N 1st St, Spring Lake, NC 28390
--beds
0baths
--sqft
Multi Family
Built in 1959
-- sqft lot
$570,300 Zestimate®
$--/sqft
$-- HOA
What's special
Zillow last checked: 7 hours ago
Listing updated: May 30, 2025 at 11:20am
Listed by:
AMY REYNOLDS,
ACE REAL ESTATE
Bought with:
DANIEL DIFILIPPO, 308021
ONNIT PROPERTY MANAGEMENT
Source: LPRMLS,MLS#: 721165
Originating MLS: Longleaf Pine Realtors

Facts & features
Interior
Bedrooms & bathrooms
- Bathrooms: 0
Heating
- Baseboard, Window Unit
Cooling
- Window Unit(s)
Features
- Eat-in Kitchen, Primary Downstairs, Window Treatments
- Flooring: Carpet, Laminate, Vinyl
- Windows: Blinds
Property
Features
- Levels: One
- Stories: 1
- Exterior features: Courtyard
Details
- Parcel number: 0501761356.000/ 0501761441
- Zoning description: CB - Central Business
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: One Story
- Property subtype: Multi Family
Materials
- Brick
Condition
- Year built: 1959
Utilities & green energy
- Sewer: Public Sewer
- Water: Lake
Community & neighborhood
Location
- Region: Spring Lake
- Subdivision: Spring Lake
Other
Other facts
- Listing terms: Cash,New Loan
- Ownership: More than a year
Services availability

Get pre-qualified for a loan
At Zillow Home Loans, we can pre-qualify you in as little as 5 minutes with no impact to your credit score.An equal housing lender. NMLS #10287.
Sell for more on Zillow
Get a free Zillow Showcase℠ listing and you could sell for .
$570,300
2% more+ $11,406
With Zillow Showcase(estimated)
$581,706