Real Estate Investment Properties for Sale in Spencer, NC

Looking for investment property in Spencer, NC with high ROI ?

Explore a variety of short-term homes & houses in Spencer, NC. Invest wisely with VRBO & Spencer, NC Airbnb properties available for purchase. Find your ideal investment property among our curated listings for a rewarding real estate venture.

Investment Property for Sale in Spencer, NC

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PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
402 N Salisbury Ave Spencer, NC REDUCED!! Excellent location on NC RT 29. Single family home. Zoned for multifamily. Poten...	2 beds \| 1 baths \| 1,612 sq.ft.	$185,000	Airbnb cash on cash: 1.69% Traditional cash on cash: 6.02% Airbnb Rental Income: $1036 Traditional Rental Income: $1436 Airbnb ROI: 1.69% Traditional ROI: 6.02%
115 Charles St Spencer, NC Set on an expansive lot, this all-brick ranch offers space, function, and thoughtful updat...	4 beds \| 2 baths \| 2,612 sq.ft.	$400,000	Airbnb cash on cash: 8.48% Traditional cash on cash: 4.84% Airbnb Rental Income: $5039 Traditional Rental Income: $2626 Airbnb ROI: 8.48% Traditional ROI: 4.84%
415 Pinecroft Ln Spencer, NC $1500 Credit with a preferred lender! Also enjoy a complete Water Filtration System includ...	3 beds \| 2 baths \| 1,601 sq.ft.	$274,900	Airbnb cash on cash: 0.39% Traditional cash on cash: 5.07% Airbnb Rental Income: $784 Traditional Rental Income: $1678 Airbnb ROI: 0.39% Traditional ROI: 5.07%
341 Red Brick Street Spencer, NC Reduced Price! 30 minutes from Raleigh Cul-De-Sac Single Story Living that meets all the c...	4 beds \| 2 baths \| 1,764 sq.ft.	$344,500	Airbnb cash on cash: 9.89% Traditional cash on cash: 4% Airbnb Rental Income: $5028 Traditional Rental Income: $2095 Airbnb ROI: 9.89% Traditional ROI: 4%
511 S Carolina Ave Spencer, NC Priced to sell Quickly! Welcome to this practically new, two-story, turn-of-the-century st...	3 beds \| 2 baths \| 1,197 sq.ft.	$259,999	Airbnb cash on cash: -0.26% Traditional cash on cash: 4.91% Airbnb Rental Income: $784 Traditional Rental Income: $1733 Airbnb ROI: -0.26% Traditional ROI: 4.91%
1209 3rd St Spencer, NC Own a promising 3-bedroom home just waiting for someone to unlock its potential. This prop...	3 beds \| 2 baths \| 1,292 sq.ft.	$135,000	Airbnb cash on cash: 0.14% Traditional cash on cash: 10.37% Airbnb Rental Income: $784 Traditional Rental Income: $1791 Airbnb ROI: 0.14% Traditional ROI: 10.37%
502 6th Street Spencer, NC This well-maintained brick home is located just minutes from the NC Transportation Museum ...	3 beds \| 2 baths \| 1,323 sq.ft.	$245,777	Airbnb cash on cash: -0.2% Traditional cash on cash: 4.88% Airbnb Rental Income: $784 Traditional Rental Income: $1644 Airbnb ROI: -0.2% Traditional ROI: 4.88%
503 4th St Spencer, NC 503 4th St, Spencer, NC 28159 \| Single Family Residential	5 beds \| 2 baths \| 2,705 sq.ft.	$350,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.04% Airbnb Rental Income: $null Traditional Rental Income: $2024 Airbnb ROI: N/A Traditional ROI: 4.04%
613 E 5th St Spencer, NC OWNER FINANCING with due diligence fee required. Home may be converted to duplex (two fron...	3 beds \| 1 baths \| 2,049 sq.ft.	$195,000	Airbnb cash on cash: 0.17% Traditional cash on cash: 11.59% Airbnb Rental Income: $784 Traditional Rental Income: $2579 Airbnb ROI: 0.17% Traditional ROI: 11.59%
212 N Yadkin Avenue Spencer, NC **Up to 5% in closing credit and discounted property management cost for first year when u...	6 beds \| 5 baths \| N/A	$440,000	Airbnb cash on cash: N/A Traditional cash on cash: 8.85% Airbnb Rental Income: $null Traditional Rental Income: $4297 Airbnb ROI: N/A Traditional ROI: 8.85%
414 S Spencer Ave Spencer, NC Welcome to 414 S Spencer Avenue-where comfort, charm, and thoughtful updates come together...	3 beds \| 1 baths \| 1,536 sq.ft.	$259,000	Airbnb cash on cash: -0.31% Traditional cash on cash: 4.39% Airbnb Rental Income: $784 Traditional Rental Income: $1614 Airbnb ROI: -0.31% Traditional ROI: 4.39%
702 6th St Spencer, NC BRAND NEW CONSTRUCTION Home! Our Wilson ranch floor plan has 3 Bedrooms and 2 Full Bathroo...	3 beds \| 2 baths \| 1,456 sq.ft.	$254,900	Airbnb cash on cash: -0.29% Traditional cash on cash: 5.91% Airbnb Rental Income: $784 Traditional Rental Income: $1957 Airbnb ROI: -0.29% Traditional ROI: 5.91%
700 6th St Spencer, NC BRAND NEW CONSTRUCTION Home! Our Wilson ranch floor plan has 3 Bedrooms and 2 Full Bathroo...	3 beds \| 2 baths \| 1,456 sq.ft.	$254,900	Airbnb cash on cash: -0.29% Traditional cash on cash: 5.91% Airbnb Rental Income: $784 Traditional Rental Income: $1957 Airbnb ROI: -0.29% Traditional ROI: 5.91%
607 N Salisbury Ave Spencer, NC Move-in ready and professionally updated, this 3-bedroom, 1.5-bath home offers modern fini...	3 beds \| 1 baths \| 1,120 sq.ft.	$200,000	Airbnb cash on cash: 0.43% Traditional cash on cash: 6.57% Airbnb Rental Income: $784 Traditional Rental Income: $1631 Airbnb ROI: 0.43% Traditional ROI: 6.57%
418 S Yadkin Ave Spencer, NC [ Professional Photography coming soon. ] Located in the Historic District of Spencer, 418...	3 beds \| 3 baths \| 2,254 sq.ft.	$255,900	Airbnb cash on cash: -0.3% Traditional cash on cash: 7.12% Airbnb Rental Income: $784 Traditional Rental Income: $2256 Airbnb ROI: -0.3% Traditional ROI: 7.12%
1129 3rd St Spencer, NC Brand New construction! This stunning property boasts a gorgeous floor plan with amazing u...	3 beds \| 2 baths \| 1,098 sq.ft.	$235,000	Airbnb cash on cash: -0.16% Traditional cash on cash: 4.96% Airbnb Rental Income: $784 Traditional Rental Income: $1604 Airbnb ROI: -0.16% Traditional ROI: 4.96%
704 4th Street Spencer, NC Investor opportunity in Spencer! Solid 3BR/1BA home offering 1,669 sq ft of living space o...	3 beds \| 1 baths \| 1,669 sq.ft.	$125,000	Airbnb cash on cash: 0.76% Traditional cash on cash: 8.63% Airbnb Rental Income: $784 Traditional Rental Income: $1412 Airbnb ROI: 0.76% Traditional ROI: 8.63%
1002 N Salisbury Ave Spencer, NC 1002 N Salisbury Ave, Spencer, NC 28159 \| Single Family Residential	3 beds \| 2 baths \| 1,232 sq.ft.	$164,900	Airbnb cash on cash: 0.53% Traditional cash on cash: 6.52% Airbnb Rental Income: $784 Traditional Rental Income: $1406 Airbnb ROI: 0.53% Traditional ROI: 6.52%

Real Estate investment in Spencer, NC

There are 21 properties for sale in the city of Spencer . The median list price in Spencer is $169,000 and the average price per square foot is $98. In May 2026, the average monthly cash on cash return in Spencer is 6.00%. The average monthly rental income in Spencer is $1,706.

Spencer, NC Real Estate Investing: FAQs for Buyers, Sellers and Investors

There are 21 investment properties available for sale in Spencer.

In 2026, the best neighborhood to buy investment property is Spencer.

The ROI for Long-Term is higher than the Short-Term in Spencer with average rental income of $1,706.

Your search for investment property begins and ends here

Investment Property for Sale in Spencer, NC

402 N Salisbury Ave

Spencer, NC

2 beds | 1 baths | 1,612 sq.ft.

$185,000

Airbnb cash on cash: 1.69%

Traditional cash on cash: 6.02%

Airbnb Rental Income: $1036

Traditional Rental Income: $1436

Airbnb ROI: 1.69%

Traditional ROI: 6.02%

115 Charles St

Spencer, NC

4 beds | 2 baths | 2,612 sq.ft.

$400,000

Airbnb cash on cash: 8.48%

Traditional cash on cash: 4.84%

Airbnb Rental Income: $5039

Traditional Rental Income: $2626

Airbnb ROI: 8.48%

Traditional ROI: 4.84%

415 Pinecroft Ln

Spencer, NC

3 beds | 2 baths | 1,601 sq.ft.

$274,900

Airbnb cash on cash: 0.39%

Traditional cash on cash: 5.07%

Airbnb Rental Income: $784

Traditional Rental Income: $1678

Airbnb ROI: 0.39%

Traditional ROI: 5.07%

341 Red Brick Street

Spencer, NC

4 beds | 2 baths | 1,764 sq.ft.

$344,500

Airbnb cash on cash: 9.89%

Traditional cash on cash: 4%

Airbnb Rental Income: $5028

Traditional Rental Income: $2095

Airbnb ROI: 9.89%

Traditional ROI: 4%

511 S Carolina Ave

Spencer, NC

3 beds | 2 baths | 1,197 sq.ft.

$259,999

Airbnb cash on cash: -0.26%

Traditional cash on cash: 4.91%

Airbnb Rental Income: $784

Traditional Rental Income: $1733

Airbnb ROI: -0.26%

Traditional ROI: 4.91%

1209 3rd St

Spencer, NC

3 beds | 2 baths | 1,292 sq.ft.

$135,000

Airbnb cash on cash: 0.14%

Traditional cash on cash: 10.37%

Airbnb Rental Income: $784

Traditional Rental Income: $1791

Airbnb ROI: 0.14%

Traditional ROI: 10.37%

502 6th Street

Spencer, NC

3 beds | 2 baths | 1,323 sq.ft.

$245,777

Airbnb cash on cash: -0.2%

Traditional cash on cash: 4.88%

Airbnb Rental Income: $784

Traditional Rental Income: $1644

Airbnb ROI: -0.2%

Traditional ROI: 4.88%

503 4th St

Spencer, NC

5 beds | 2 baths | 2,705 sq.ft.

$350,000

Airbnb cash on cash: N/A

Traditional cash on cash: 4.04%

Airbnb Rental Income: $null

Traditional Rental Income: $2024

Airbnb ROI: N/A