509 5th Street, Spencer NC
- 3 Bed
- 2 Bath
- 1620 ft2
- 0.2 ac
For Sale $225,000
Remarks:
SELLER IS OFFERING $3,000 IN CONCESSIONS WITH AN ACCEPTABLE OFFER! Welcome to 509 5th Street in Spencer, where classic character, generous living space, and modern comfort come together in a home that is ready for its next chapter. This charming 3-bedroom, 2-bath home offers approximately 1,620 square feet of one-level living, giving you the space you need without sacrificing the warmth and personality that make an older home special. From the moment you arrive, the inviting covered front porch sets the tone—an ideal place to enjoy your morning coffee, unwind at the end of the day, or simply take in the neighborhood. Step inside and you’ll immediately notice the beautiful wood flooring, abundant natural light, and spacious rooms that give this home an open, comfortable feel. The living areas offer plenty of room for both relaxing and entertaining, while the classic fireplace adds an eye-catching focal point and a touch of timeless charm. The kitchen provides ample cabinetry and workspace along with a dishwasher, electric range, and refrigerator, making it easy to settle in and start enjoying the home from day one. The primary bedroom features its own en-suite bathroom, creating a private retreat, while two additional bedrooms offer flexibility for family, guests, a home office, hobby room, or whatever best fits your lifestyle. A dedicated laundry room adds another layer of everyday convenience. Outside, the property continues to deliver with a detached one-car garage, providing valuable parking, storage, workshop, or hobby space. The approximately 0.17-acre lot offers manageable outdoor space without overwhelming maintenance, and with NO HOA, you can enjoy homeownership without monthly association dues. The home is also connected to city water and city sewer and features central air and a heat pump for year-round comfort. Whether you’re searching for your first home, looking to simplify with one-level living, or simply want a property that combines character, space, convenience, and value, 509 5th Street deserves a closer look. And with the seller offering $3,000 in concessions with an acceptable offer, buyers may have an opportunity to put those funds toward allowable closing costs, prepaid expenses, or other lender-approved expenses. Don’t just scroll past this one—schedule your private showing and come see what makes 509 5th Street a place you’ll want to call home.
General Information:
| List Price: | $225,000 |
| Status: | For Sale |
| Bedrooms: | 3 |
| Type: | Single Family Residence |
| Approx Sq. Ft.: | 1620 sqft |
| Parking: | Detached Garage |
| MLS Number: | CAR4395795 |
| Subdivision: | None |
| Bathrooms: | 2 |
| Year Built: | 1922 |
| Sewer Type: | Public Sewer |
Assigned Schools:
| Elementary: | North Rowan |
| Middle: | North Rowan |
| High: | North Rowan |
Price & Sales History
| Date | Event | Price | $/SQFT |
| 10-12-2026 | Price Decrease | $225,000-1.75% | $139 |
| 09-13-2026 | Price Decrease | $229,000-2.55% | $142 |
| 07-21-2026 | Listed | $235,000 | $146 |
Nearby Schools
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 | 2 miles | KG-05 | 1 |
| Harold D Isenberg Elementary | 4 miles | PK-05 | 1 |
| Elizabeth Duncan Koontz Elementary School | 6 miles | KG-05 | 1 |
| Granite Quarry Elementary School | 6 miles | PK-05 | 5 |
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.
Properties For Sale Nearby
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 |
| 509 5th Street, Spencer NC | 0 mi | $225,000 | days | |
| 414 Spencer Avenue, Spencer NC | 0.1 mi | $229,000 | days | |
| 613 5th Street, Spencer NC | 0.1 mi | $165,000 | days | |
| 503 4th Street, Spencer NC | 0.1 mi | $335,000 | days | |
| 511 Carolina Avenue, Spencer NC | 0.1 mi | $245,000 | days | |
| 503 7th Street, Spencer NC | 0.1 mi | $235,000 | days |
Sold Properties Nearby
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 |
Commute Distance & Time
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Mortgage Calculator
| 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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| Total Monthly Payment | $20,941 |
Demographic Data For Zip 28159
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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.
Property Listing Information
A Courtesy Listing Provided By Lifestyle International Realty
509 5th Street, Spencer NC is a 1620 ft2 on a 0.170 acres Appraisal lot. This is for $225,000. This has 3 bedrooms, 2 baths, and was built in 1922.
Based on information submitted to the MLS GRID as of 2026-07-21 08:51:24 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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