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$326,841
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Property Description
This six-unit asset presents a compelling opportunity within a rapidly evolving and positively trending growth corridor. The property consists of multiple detached dwelling structures, each offering functional layouts and contributing to a diversified income stream. The improvements reflect a blend of character and utility, creating immediate livability while supporting long-term value creation.Positioned in an area experiencing consistent expansion and reinvestment, the surrounding market is marked by increasing demand, ongoing development activity, and a clear trajectory toward higher-density and higher-value uses. The location benefits from strong accessibility to key corridors, employment hubs, and regional drivers, further reinforcing its desirability for both tenants and future end users.The asset is well-suited for investors seeking a balance of in-place cash flow and strategic upside. Its current configuration provides stable income potential, while the broader market dynamics create a favorable environment for future repositioning, expansion, or redevelopment. As growth continues to push outward and infill opportunities become more limited, properties of this nature are increasingly positioned to benefit from appreciation and enhanced utilization.In summary, this is a forward looking investment anchored by existing income, supported by a strengthening market, and enhanced by meaningful long-term potential in a corridor that continues to gain momentum.
Full Property Details
Full Property Details for 1603 Easterling Dr
General
- Sold For: $326,841
- Status: Closed
- Type: Multi-Family
- Source: 2218
- MLS ID: LP761265
- Added to Site: 129 day(s) ago
Location
- County: Cumberland
- Subdivision: Spring Lake
Heating & Cooling
- Air Conditioning: Yes
Utilities
- Sewer: Septic Tank
- Utility Description: Natural Gas Not Available
Structural Information
- Year Built: 1937
Lot Features
- Zoning: C3 - Heavy Commercial
Disclosures and Reports
- Special Conditions: Standard
- Property ID: 9592932992
Listed by Noa Executive Realty, EMELIA NOA (910) 527-8036
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Schools
Schools serving 1603 Easterling Dr
School District:Cumberland County Schools
| Name | Grades | Distance |
|---|---|---|
Manchester Elementary, Spring Lake, NC 611 Spring Avenue, Spring Lake, NC 28390 | K-5 | 2.4 mi |
Spring Lake Middle 612 Spring Avenue, Spring Lake, NC 28390 | 6-8 | 2.5 mi |
Pine Forest High 525 Andrews Road, Fayetteville, NC 28311 | 9-12 | 7 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1603 Easterling Dr
Date
Details
Price
Change
Source
7/24/2026
Sold
$326,841
-23.99%
MLS
4/21/2026
Listed
$430,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
1603 Easterling Drive, Spring Lake, NC 28390 (MLS# LP761265) is a Multi-Family property that was sold at $326,841 on July 24, 2026. Want to learn more about 1603 Easterling Drive? Do you have questions about finding other Multi-Family real estate for sale in Spring Lake? You can browse all Spring Lake real estate or contact a Coldwell Banker agent to request more information.

