For Sale $190,000
Discover the potential of this spacious 2 bedroom, 1 bathroom home, situated in Spencer with unmatched convenience. Located less than 2 miles from I-85, this property offers good proximity to new Rowan County industries, as well as a wealth of local shopping, restaurants, and entertainment options including the North Carolina Transportation Museum. From the expansive wrap-around front porch, step inside and be captivated by the home's historic charm, featuring high ceilings and beautiful original wood floors that run throughout. French doors complete with glass knobs open into the center of the home. The generously sized rooms present a fantastic opportunity for the new owner to bring their vision and creativity to make this residence a stunning showcase. The property sits on a level lot of nearly half an acre, providing ample outdoor space. Peace of mind comes with several recent updates, including a new gas furnace (2025), an electric hot water heater replaced in 2021, and a newer electric box installed in 2024. This home is being sold strictly "as-is." Please note that all fireplaces are sealed and have never been operated by the seller. Don't miss your chance to own a piece of Spencer with great bones and an unbeatable location!
Built-in Features
| List Price: | $190,000 |
| Status: | For Sale |
| Bedrooms: | 2 |
| Type: | Single Family Residence |
| Approx Sq. Ft.: | 1612 sqft |
| Parking: | Attached Carport, Driveway |
| MLS Number: | CAR4342111 |
| Subdivision: | None |
| Bathrooms: | 1 |
| Lot Description: | Level |
| Year Built: | 1913 |
| Sewer Type: | Public Sewer |
| Elementary: | North Rowan |
| Middle: | North Rowan |
| High: | North Rowan |
| Date | Event | Price | $/SQFT |
| 02-04-2026 | Listed | $190,000 | $118 |
These schools are only nearby your property search, you must confirm exact assigned schools.
| School Name | Distance | Grades | Rating |
| North Rowan Elementary School | 1 miles | PK-05 | 1 |
| Elizabeth Hanford Dole Elementary School | 2 miles | PK-05 | 1 |
| Carroll T Overton Elementary School | 3 miles | KG-05 | 1 |
| Harold D Isenberg Elementary | 4 miles | PK-05 | 1 |
| Granite Quarry Elementary School | 6 miles | PK-05 | 5 |
| Elizabeth Duncan Koontz Elementary School | 6 miles | KG-05 | 1 |
Source is provided by local and state governments and municipalities and is subject to change without notice, and is not guaranteed to be up to date or accurate.
Mileage is an estimation calculated from the property results address of your search. Driving time will vary from location to location.
| Street Address | Distance | Status | List Price | Days on Market |
| 402 Salisbury Avenue, Spencer NC | 0 mi | $190,000 | days | |
| 222 Yadkin Avenue, Spencer NC | 0.2 mi | $228,000 | days | |
| Yadkin Avenue, Spencer NC | 0.2 mi | $274,900 | days | |
| 209B Yadkin Avenue, Spencer NC | 0.2 mi | $274,900 | days | |
| 210 Yadkin Avenue, Spencer NC | 0.2 mi | $440,000 | days | |
| 212 Yadkin Avenue, Spencer NC | 0.2 mi | $440,000 | days |
Mileage is an estimation calculated from the property results address of your search. Driving time will vary from location to location.
| Street Address | Distance | Property Type | Sold Price | Property Details |
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| Down Payment Amount | $990,000 |
| Mortgage Amount | $3,960,000 |
| Monthly Payment (Principal & Interest Only) | $19,480 |
* Expand Calculator (incl. monthly expenses)
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| Property Insurance |
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| Total Monthly Payment | $20,941 |
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Transportation to Work |
Source is provided by local and state governments and municipalities and is subject to change without notice, and is not guaranteed to be up to date or accurate.
A Courtesy Listing Provided By Howard Hanna Allen Tate Concord
402 Salisbury Avenue, Spencer NC is a 1612 ft2 on a 0.450 acres Level lot. This is for $190,000. This has 2 bedrooms, 1 baths, and was built in 1913.
Based on information submitted to the MLS GRID as of 2026-02-04 11:51:03 EST. All data is
obtained from various sources and may not have been verified by broker or MLS GRID. Supplied
Open House Information is subject to change without notice. All information should be independently
reviewed and verified for accuracy. Properties may or may not be listed by the office/agent
presenting the information. Some IDX listings have been excluded from this website.
Properties displayed may be listed or sold by various participants in the MLS.
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