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$1,650,000
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Property Description
Nice community of 11 brick duplexes. In total 22 two bedroom one bathroom units. All buildings are adjoining and border Spring Lake Middle School and are located on a dead end street with a nice neighborhood feel. All have metal roofs and the 10 other duplexes are 112A/B, 113A/B, 114A/B, 115A/B, 116A/B, 117A/B, 118A/B, 119A/B, 120A/B and 121A/B Calvin Street. 6 units are currently vacant 2 of the 6 are fully rehabbed and rent ready, 4 of the 6 need rehab. Current rents range from $600 to $1000. market rents for rehabbed units is $995.There are 11 tax parcels listed a a package deal.
Full Property Details
Full Property Details for 703 Lake Ave
General
- Sold For: $1,650,000
- Status: Closed
- Type: Apartment
- Source: 2218
- MLS ID: LP745879
- Added to Site: 207 day(s) ago
Location
- County: Cumberland
- Subdivision: Spring Lake
Heating & Cooling
- Air Conditioning: Yes
Structural Information
- Exterior Const.: Brick Veneer, Frame
- Building Size: 13697
- Square Feet: 13,697
Lot Features
- Street/Road Desc.: Paved
Disclosures and Reports
- Special Conditions: Standard
- Property ID: 501959909
Listed by Grant-Murray Real Estate Llc., STEVE HOGAN (910) 797-1910
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Schools
Schools serving 703 Lake Ave
School District:Cumberland County Schools
| Name | Grades | Distance |
|---|---|---|
Spring Lake Middle 612 Spring Avenue, Spring Lake, NC 28390 | 6-8 | 0.1 mi |
Pine Forest High 525 Andrews Road, Fayetteville, NC 28311 | 9-12 | 4.6 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 703 Lake Ave
Date
Details
Price
Change
Source
12/11/2025
Sold
$1,650,000
-5.44%
MLS
6/23/2025
Listed
$1,745,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
703 Lake Avenue, Spring Lake, NC 28390 (MLS# LP745879) is a Apartment property that was sold at $1,650,000 on December 11, 2025. Want to learn more about 703 Lake Avenue? Do you have questions about finding other Apartment 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.

