704 3rd Street, Spencer NC
- 4 Bed
- 0.2 ac
For Sale $250,000
Remarks:
Welcome to 704 E 3rd Street in Spencer, NC — a fully remodeled duplex offering the perfect blend of charm, modern updates, and income potential. With a total of approximately 1,756 square feet, this two-unit property is ideal for both investors and house hackers. Each side has been tastefully renovated with updated kitchens, refreshed baths, new flooring, and modern finishes, creating comfortable and move-in-ready living spaces. Major upgrades have already been completed, including new HVAC systems and a new roof in 2021, giving peace of mind and minimizing maintenance costs for years to come. Whether you choose to live in one unit and rent the other or lease both for steady income, this property delivers exceptional flexibility and value. Located in the heart of Spencer, you’ll enjoy a welcoming small-town feel while being just minutes from Salisbury and the I-85 corridor for easy commuting. Nearby attractions include the renowned North Carolina Transportation Museum, the historic downtown Spencer district, and Dan Nicholas Park — a family favorite with a nature center, lake, and walking trails. With its convenient location, modern upgrades, and strong rental potential, this duplex stands out as a turnkey opportunity in a growing area. Don’t miss your chance to own a beautifully updated property in one of Rowan County’s most historic and charming communities — perfect for an investor looking for immediate returns or a buyer ready to build wealth through real estate ownership. Furnishing negotiable. **TENANTS IN PLACE PLEASE DO NOT DISTURB**
General Information:
| List Price: | $250,000 |
| Status: | For Sale |
| Bedrooms: | 4 |
| Type: | Duplex |
| Parking: | Detached Carport, Driveway |
| MLS Number: | CAR4316805 |
| Year Built: | 1950 |
| Sewer Type: | Public Sewer |
Assigned Schools:
| Elementary: | Unspecified |
| Middle: | North Rowan |
| High: | North Rowan |
Price & Sales History
| Date | Event | Price | $/SQFT |
| 11-15-2025 | Listed | $250,000 | N/A |
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 |
| 704 3rd Street, Spencer NC | 0 mi | $250,000 | days | |
| 702 3rd Street, Spencer NC | 0 mi | $215,000 | days | |
| 801 3rd Street, Spencer NC | 0.1 mi | $234,900 | days | |
| 600 3rd Street, Spencer NC | 0.1 mi | $290,000 | days | |
| 602 Meadow Street, Spencer NC | 0.1 mi | $224,900 | days | |
| 606 Meadow Street, Spencer NC | 0.1 mi | $229,900 | 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 Young & Company Real Estate
704 3rd Street, Spencer NC is a ft2 on a 0.230 acres Appraisal lot. This is for $250,000. This has 4 bedrooms, baths, and was built in 1950.
Based on information submitted to the MLS GRID as of 2025-11-15 10:05:16 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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Neither Yates Realty nor any listing broker shall be responsible for any typographical errors, misinformation, or misprints, and they shall be held totally harmless from any damages arising from reliance upon this data. This data is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties they may be interested in purchasing.
