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
510 5th Street Spencer, NC Beautiful Arts & Crafts style home in Spencer, high ceilings and beautiful hardwood floors...	2 beds \| 1 baths \| 1,419 sq.ft.	$170,000	Airbnb cash on cash: 4.9% Traditional cash on cash: 7.3% Airbnb Rental Income: $1583 Traditional Rental Income: $1520 Airbnb ROI: 4.9% Traditional ROI: 7.3%
415 Pinecroft Lane Spencer, NC Experience exceptional craftsmanship in this Newer construction built in 2022 with 3 bedro...	3 beds \| 3 baths \| 1,601 sq.ft.	$299,900	Airbnb cash on cash: 6.86% Traditional cash on cash: 6.27% Airbnb Rental Income: $3016 Traditional Rental Income: $2157 Airbnb ROI: 6.86% Traditional ROI: 6.27%
600 3rd Street Spencer, NC Back on market no fault of the seller! Beautiful Remodeled home with 3 bedrooms and 2 bath...	3 beds \| 2 baths \| 1,624 sq.ft.	$290,000	Airbnb cash on cash: 6.34% Traditional cash on cash: 3.98% Airbnb Rental Income: $3016 Traditional Rental Income: $1681 Airbnb ROI: 6.34% Traditional ROI: 3.98%
405 7th Street Spencer, NC MOTIVATED SELLER!HUGE Wrap around porch with a magnificent home sitting on a BIG Double lo...	3 beds \| 2 baths \| 1,881 sq.ft.	$269,900	Airbnb cash on cash: 6.85% Traditional cash on cash: 5.71% Airbnb Rental Income: $3016 Traditional Rental Income: $2032 Airbnb ROI: 6.85% Traditional ROI: 5.71%
414 S Yadkin Avenue Spencer, NC Lovely historic home has many totally updates. Open concept living area, soaring 10 ft cei...	2 beds \| 2 baths \| 1,536 sq.ft.	$199,900	Airbnb cash on cash: 3.63% Traditional cash on cash: 6.76% Airbnb Rental Income: $1583 Traditional Rental Income: $1723 Airbnb ROI: 3.63% Traditional ROI: 6.76%
113 2nd Street Spencer, NC Don't miss this estate sale opportunity! This spacious 4-bedroom, 2-bath home sits on a fl...	5 beds \| 2 baths \| 2,996 sq.ft.	$224,900	Airbnb cash on cash: N/A Traditional cash on cash: 8.49% Airbnb Rental Income: $null Traditional Rental Income: $2397 Airbnb ROI: N/A Traditional ROI: 8.49%
406 4th Street Spencer, NC This beautifully remodeled 3 BD, 2 BA home sits on a desirable corner lot in historic Spen...	3 beds \| 2 baths \| 1,400 sq.ft.	$229,900	Airbnb cash on cash: 8.43% Traditional cash on cash: 6.01% Airbnb Rental Income: $3016 Traditional Rental Income: $1800 Airbnb ROI: 8.43% Traditional ROI: 6.01%
900 N Salisbury Avenue Spencer, NC Come tour this beautifully renovated 3-bedroom, 2-bathroom single-family home that blends ...	3 beds \| 2 baths \| 1,410 sq.ft.	$219,900	Airbnb cash on cash: 9.26% Traditional cash on cash: 6.74% Airbnb Rental Income: $3016 Traditional Rental Income: $1800 Airbnb ROI: 9.26% Traditional ROI: 6.74%
900 Salisbury Avenue Spencer, NC Come tour this beautifully renovated 3-bedroom, 2-bathroom single-family home that blends ...	3 beds \| 2 baths \| 1,410 sq.ft.	$219,900	Airbnb cash on cash: 9.26% Traditional cash on cash: 6.96% Airbnb Rental Income: $3016 Traditional Rental Income: $1847 Airbnb ROI: 9.26% Traditional ROI: 6.96%
422 S Iredell Avenue Spencer, NC IMMACULATE - ORIGINAL OWNER - CORNER LOT - NO HOA FEES!!!! Enjoy your morning coffee on ei...	3 beds \| 3 baths \| 1,206 sq.ft.	$242,000	Airbnb cash on cash: 8.71% Traditional cash on cash: 6.17% Airbnb Rental Income: $3016 Traditional Rental Income: $1743 Airbnb ROI: 8.71% Traditional ROI: 6.17%
911 S Spencer Avenue Spencer, NC This Beautiful brick home is custom renovated! 3 bedrooms & 2 full bathrooms custom shower...	3 beds \| 2 baths \| 1,140 sq.ft.	$269,000	Airbnb cash on cash: 6.96% Traditional cash on cash: 5.65% Airbnb Rental Income: $3016 Traditional Rental Income: $1991 Airbnb ROI: 6.96% Traditional ROI: 5.65%
808 S Yadkin Avenue Spencer, NC Welcome Home! Step into this well-maintained 3 bedroom, 1.5 bath home nestled in the charm...	3 beds \| 2 baths \| 1,441 sq.ft.	$240,000	Airbnb cash on cash: 8% Traditional cash on cash: 5.54% Airbnb Rental Income: $3016 Traditional Rental Income: $1766 Airbnb ROI: 8% Traditional ROI: 5.54%
413 S Rowan Avenue Spencer, NC This 3-bedroom, 1-bath home offers 1,248 sq ft of single-level living and durable brick co...	3 beds \| 1 baths \| 1,248 sq.ft.	$229,900	Airbnb cash on cash: 8.53% Traditional cash on cash: 5.39% Airbnb Rental Income: $3016 Traditional Rental Income: $1641 Airbnb ROI: 8.53% Traditional ROI: 5.39%

Real Estate investment in Spencer, NC

There are 13 properties for sale in the city of Spencer . The median list price in Spencer is $229,900 and the average price per square foot is $145. In September 2025, the average monthly cash on cash return in Spencer is 6.00%. The average monthly rental income in Spencer is $1,824.

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

There are 13 investment properties available for sale in Spencer.

In 2025, the best neighborhood to buy investment property is Spencer.

The ROI for Short-Term is higher than the Long-Term in Spencer with average rental income of $3,016.

Your search for investment property begins and ends here

Investment Property for Sale in Spencer, NC

510 5th Street

Spencer, NC

2 beds | 1 baths | 1,419 sq.ft.

$170,000

Airbnb cash on cash: 4.9%

Traditional cash on cash: 7.3%

Airbnb Rental Income: $1583

Traditional Rental Income: $1520

Airbnb ROI: 4.9%

Traditional ROI: 7.3%

415 Pinecroft Lane

Spencer, NC

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

$299,900

Airbnb cash on cash: 6.86%

Traditional cash on cash: 6.27%

Airbnb Rental Income: $3016

Traditional Rental Income: $2157

Airbnb ROI: 6.86%

Traditional ROI: 6.27%

600 3rd Street

Spencer, NC

3 beds | 2 baths | 1,624 sq.ft.

$290,000

Airbnb cash on cash: 6.34%

Traditional cash on cash: 3.98%

Airbnb Rental Income: $3016

Traditional Rental Income: $1681

Airbnb ROI: 6.34%

Traditional ROI: 3.98%

405 7th Street

Spencer, NC

3 beds | 2 baths | 1,881 sq.ft.

$269,900

Airbnb cash on cash: 6.85%

Traditional cash on cash: 5.71%

Airbnb Rental Income: $3016

Traditional Rental Income: $2032

Airbnb ROI: 6.85%

Traditional ROI: 5.71%

414 S Yadkin Avenue

Spencer, NC

2 beds | 2 baths | 1,536 sq.ft.

$199,900

Airbnb cash on cash: 3.63%

Traditional cash on cash: 6.76%

Airbnb Rental Income: $1583

Traditional Rental Income: $1723

Airbnb ROI: 3.63%

Traditional ROI: 6.76%

113 2nd Street

Spencer, NC

5 beds | 2 baths | 2,996 sq.ft.

$224,900

Airbnb cash on cash: N/A

Traditional cash on cash: 8.49%

Airbnb Rental Income: $null

Traditional Rental Income: $2397

Airbnb ROI: N/A

Traditional ROI: 8.49%

406 4th Street

Spencer, NC

3 beds | 2 baths | 1,400 sq.ft.

$229,900

Airbnb cash on cash: 8.43%

Traditional cash on cash: 6.01%

Airbnb Rental Income: $3016

Traditional Rental Income: $1800

Airbnb ROI: 8.43%

Traditional ROI: 6.01%

900 N Salisbury Avenue

Spencer, NC

3 beds | 2 baths | 1,410 sq.ft.

$219,900

Airbnb cash on cash: 9.26%

Traditional cash on cash: 6.74%

Airbnb Rental Income: $3016

Traditional Rental Income: $1800

Airbnb ROI: 9.26%