OFF MARKET

Off Market Jun 2024 for $550K

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Est. refi paymentEst. refi $1,723/mo

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sq ft

127/129 N 1st St, Spring Lake, NC 28390

About this home

Excellent investment opportunity. 8-unit multi-family property located in Spring Lake, NC. Less than 10 minutes to military base and centrally located to shopping, dining, and all city amenities. This property is 2 brick Quadplexes that face each other and is 100% occupied. Each unit offers 2 bedrooms and 1 bathroom. Plenty of parking. Tenants pay their own utilities. Monthly rental income is right at $5k. Owner pays for lawn care, repairs and property mgmt fees. PLEASE DO NOT DISTURB TENANTS - VACANT PICS OF LATEST UNIT THAT WAS ON THE MARKET. INSPECTIONS CAN BE SCHEDULED ONCE UNDER CONTRACT AND DD MONEY HAS BEEN RECEIVED. Seller will entertain all offers.

Multi-familyProperty Type

1959Year Built

Listed by AMY REYNOLDS • ACE REAL ESTATE

Bought with DANIEL DIFILIPPO • ONNIT PROPERTY MANAGEMENT

Redfin checked: 2 minutes ago

•Source:LPRMLS #721165

Redfin Estimate

Unfortunately, we don't have enough data to generate an accurate Estimate at this time.

Market trends in 28390, NC

Last updated August 2026

Buyer's Market

Seller's Market

Seller's market

Sale-to-List Price

99.2%

0.2% MoM

Median sale price

$311K

$5K MoM

Avg. days on market

40d

1 days MoM

Recently sold homes

125

0 MoM

New listings for sale

NEW 5 HRS AGO
$380,000
4 beds2.5 baths2,346 sq ft
111 Kensington Dr, Spring Lake, NC 28390
OPEN SAT, 12PM TO 2PM
$399,900
4 beds2.5 baths2,369 sq ft
2815 Lemuel Black Rd, Bunnlevel, NC 28323
$198,000
4 beds2 baths1,519 sq ft
733 Goodyear Dr, Spring Lake, NC 28390
$359,900
4 beds3.5 baths2,407 sq ft
138 Falls Creek Dr, Spring Lake, NC 28390
OPEN SUN, 12PM TO 2PM
$465,000
5 beds3 baths3,119 sq ft
135 Valley Stream Rd, Spring Lake, NC 28390
$345,000
5 beds3.5 baths2,560 sq ft
321 New Castle Ln, Spring Lake, NC 28390
$207,000
3 beds2 baths1,376 sq ft
108 Deerfield Dr, Spring Lake, NC 28390
3D WALKTHROUGH
$150,000
3 beds2 baths1,227 sq ft
22 W Governor Brandon St, Spring Lake, NC 28390
$430,000
4 beds3.5 baths3,537 sq ft
30 Ormsby Ct, Spring Lake, NC 28390
$341,900
3 beds2 baths1,656 sq ft
632 Hayes Rd, Spring Lake, NC 28390
See all

Provided by Redfin

Sale history for 127/129 N 1st St

Date

Event

Price

APPFOLIO #4

Mar 30, 2025

Rental Removed

$1,040

Feb 28, 2025

Listed for Rent

$1,040

APPFOLIO #3

Feb 23, 2025

Rental Removed

$1,040

Feb 5, 2025

Listed for Rent

$1,040

APPFOLIO #2

Nov 9, 2024

Rental Removed

$930

Nov 1, 2024

Listed for Rent

$930

Oct 16, 2024

Rental Removed

$930

Oct 16, 2024

Listed for Rent

$930

Public Records

Jun 18, 2024

Sold

$273,500

LPRMLS #721165

Jun 19, 2024

Sold

$550,000

May 3, 2024

Pending

—

Apr 25, 2024

Price Changed

$599,900

Mar 21, 2024

Price Changed

$695,000

Mar 12, 2024

Listed

$800,000

APPFOLIO #1

Mar 14, 2024

Rental Removed

$800

Jan 24, 2024

Listed for Rent

$800

TMLS #LP710121

Nov 2, 2023

Rental Removed

$795

Oct 20, 2023

Listed for Rent

$795

LPRMLS #546152

Jul 19, 2018

Sold

$220,000

Jul 19, 2018

Listed

$240,000

+15

-Excellent investment opportunity! 8-unit Multi-Family property located in Spring Lake, NC approximately 5 minutes (2 miles) from FT Bragg. Property is near a Walmart Supercenter and many other restaurants, retailers and hotels. The property consists of 2 brick 4-plexes and is 100% occupied. Each unit consist of 2 Bedrooms and 1 Bathroom. Each unit individually metered for electric and water. Tenant pay their own utilities. Property Management consist of Pin # 0501-76-1356 and 0501-76-1441.

Public Records

Apr 18, 2011

Sold

$50,000

Year

Property tax

Land + Additions

Assessment*

2025

$1,576 (+25.7%)

$6,292 + $85,486

$91,778

2024

$1,254 (+8.2%)

$20,000 + $68,013

$88,013

2023

$1,159

$20,000 + $68,013

$88,013

2022

$1,159

$20,000 + $68,013

$88,013

2021

$1,159

$20,000 + $68,013

$88,013

2020

$1,159

$20,000 + $68,013

$88,013

2019

$1,159

$20,000 + $51,300

$71,300

2018

$1,159

$20,000 + $51,300

$71,300

2017

$1,159 (−5.7%)

$20,000 + $51,300

$71,300

2016

$1,229

$20,000 + $51,300

$71,300

2015

$1,229

$20,000 + $59,100

$79,100

2014

$1,229

$20,000 + $59,100

$79,100

Tax history for 127/129 N 1st St

Year

Property tax

Land + Additions

Assessment*

2025

$1,576 (+25.7%)

$6,292 + $85,486

$91,778

2024

$1,254 (+8.2%)

$20,000 + $68,013

$88,013

2023

$1,159

$20,000 + $68,013

$88,013

2022

$1,159

$20,000 + $68,013

$88,013

2021

$1,159

$20,000 + $68,013

$88,013

2020

$1,159

$20,000 + $68,013

$88,013

2019

$1,159

$20,000 + $51,300

$71,300

2018

$1,159

$20,000 + $51,300

$71,300

2017

$1,159 (−5.7%)

$20,000 + $51,300

$71,300

2016

$1,229

$20,000 + $51,300

$71,300

2015

$1,229

$20,000 + $59,100

$79,100

2014

$1,229

$20,000 + $59,100

$79,100

*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.

Public record

Public record
Zoning

Beds

—

Baths

Stories

Lot width

—

Lot depth

—

Lot size

9,583 Sq. Ft.

Year renovated

—

Sq. Ft.

2,592

Year built

1959

Style

Other

County

Cumberland County

APN

0501761356000

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Jul 13, 2026.

MCO

Central Business District

This conventional zoning district is intended to preserve and enhance the original downtown area as a compact, viable and convenient location for a wide variety of commercial and office uses. Residential uses are permitted only in conjunction with a mixed use building or mixed use development, and shall be located to the rear or on the second floor of or above any structure. To preserve the compactness of the area and to lessen congestion the display, sales and storage of goods is conducted entirely within enclosed buildings. The yard requirements are based generally on the pattern of existing development so as to minimize dimensional disparities and to preserve the continued usefulness and essential character of the existing buildings located in the downtown area. In order to promote coordination and the compatible intermixture or residential and commercial development, this district is a planned district and site plan review is required for every development, re-development or change-in-use.

Zone overlays

Military Corridor Overlay District

Property details

Interior

Heating & Cooling
Has Cooling
Cooling: Window Unit(s)
Has Heating
Heating: Baseboard

Interior Features
Interior Features: Eat-in Kitchen
Window Features: Window Coverings, Blinds
Flooring: Carpet, Laminate, Vinyl

Exterior

Exterior Features
Exterior Features: Courtyard

Building Information
Above Grade Finished Area Units: Square Feet
Below Grade Finished Area Units: Square Feet
Levels: One
# of Stories Total: 1
Construction Materials: Brick

Property Information
Property Type: Residential Income
Property Sub Type: Multi Family
Raw Mls Property Sub Type: Other

Lot Information
Lot Size : 0
Lot Size Units: Square Feet
Zoning Description: CB - Central Business

Utilities

Utility Information
Sewer: Public Sewer

Location

Schools Information
Elementary School: Lillian Black Elementary
Middle Or Junior School: Spring Lake Middle School
High School: Pine Forest Senior High

Location Information
Subdivision Name: SPRING LAKE

Public facts

Beds: —
Baths: 4.0
Sq. Ft.: 2,592
Stories: 1.0
Lot Size: 9,583 square feet
Style: Other
Year Built: 1959
Year Renovated: —
County: Cumberland County
APN: 0501761356000

Home facts updated by county records on Jul 13, 2026

Other

Listing Information
List AOR: Longleaf Pine Realtors

Around this home

Schools

William T Brown Elementary

Public PreK-5 • Assigned • 0.9mi

6/10

Spring Lake Middle

Public 6-8 • Assigned • 0.6mi

6/10

Pine Forest High

Public 9-12 • Assigned • 5.1mi

7/10

Provided by GreatSchools

Lifestyle

Provided by Walk Score and Local Logic

Climate risks

1/10 Flood Factor

Minimal risk of a flood reaching the building in the next 30 years

4/10 Fire Factor

3% chance of being in a wildfire in next 30 years

7/10 Heat Factor

7 days above 107° expected this year, 16 days in 30 years

6/10 Wind Factor

72% chance of strong winds in next 30 years

1/10 Air Factor

0 unhealthy days expected this year, 0 days in 30 years

Provided by First Street

Historical weather

Spring Lake, NC • 28390

Average low and high temperatures (°F)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

In this area, properties receive around 9.1 hours in June and 5.3 hours in December, which is comparable to the U.S. average for solar exposure.

9.1 hrs

5.3 hrs

JuneDecember

Provided by Shadowmap

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New listings for sale in 28390

NEW 5 HRS AGO

$380,000

4 beds2.5 baths2,346 sq ft

111 Kensington Dr, Spring Lake, NC 28390

OPEN SAT, 12PM TO 2PM

$399,900

4 beds2.5 baths2,369 sq ft

2815 Lemuel Black Rd, Bunnlevel, NC 28323

$198,000

4 beds2 baths1,519 sq ft

733 Goodyear Dr, Spring Lake, NC 28390

$359,900

4 beds3.5 baths2,407 sq ft

138 Falls Creek Dr, Spring Lake, NC 28390

OPEN SUN, 12PM TO 2PM

$465,000

5 beds3 baths3,119 sq ft

135 Valley Stream Rd, Spring Lake, NC 28390

$345,000

5 beds3.5 baths2,560 sq ft

321 New Castle Ln, Spring Lake, NC 28390

$207,000

3 beds2 baths1,376 sq ft

108 Deerfield Dr, Spring Lake, NC 28390

3D WALKTHROUGH

$150,000

3 beds2 baths1,227 sq ft

22 W Governor Brandon St, Spring Lake, NC 28390

$430,000

4 beds3.5 baths3,537 sq ft

30 Ormsby Ct, Spring Lake, NC 28390

Home values near 127/129 N 1st St

Data from public records.

Address	Redfin Estimate
129 North First St, Spring Lake, NC - Beds \| 4 Baths \| 2592 Sq. Ft.	$219,610
117 North First St, Spring Lake, NC 3 Beds \| 1 Baths \| 784 Sq. Ft.	$111,440

Address	Redfin Estimate
126 North First St, Spring Lake, NC 3 Beds \| 2 Baths \| 1296 Sq. Ft.	$175,784
121 North First St, Spring Lake, NC 3 Beds \| 1 Baths \| 975 Sq. Ft.	$120,915

Address	Redfin Estimate
119 North First St, Spring Lake, NC 3 Beds \| 1 Baths \| 884 Sq. Ft.	$106,565
113 North First St, Spring Lake, NC 3 Beds \| 1 Baths \| 1104 Sq. Ft.	$128,285

Property information provided by TMLS when last listed in 2023. This data may not match . Learn more.

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GreatSchools Ratings provided by GreatSchools.org.

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About this home

Redfin Estimate

Market trends in 28390, NC

Sale history for 127/129 N 1st St

Tax history for 127/129 N 1st St

Public record

Property details

Around this home

Schools

Lifestyle

Climate risks

Historical weather

Sun exposure

Nearby similar homes

New listings for sale in 28390

Home values near 127/129 N 1st St

More real estate resources