Spencer Real Estate, Homes for Sale - Mantle Realty
Homes for sale in Spencer, NC — Mantle Realty

Homes for Sale in Spencer, NC

Just two miles north of Salisbury, Spencer is a historic railroad town in Rowan County that sits along the I-85 corridor between Charlotte and the Piedmont Triad — less than an hour from uptown Charlotte. Built around Southern Railway's massive Spencer Shops, the town retains one of the most intact early-1900s streetscapes in the region. Buyers who appreciate historic homes, a compact and walkable layout, and a strong sense of place find Spencer an appealing, character-rich alternative to larger nearby cities, with an easy commute toward Charlotte or north toward Greensboro and Winston-Salem.

Popular Spencer Neighborhoods

  • Spencer Historic District — one of North Carolina's largest contiguous National Register districts, filled with Queen Anne homes, bungalows, and English cottages built for railroad workers.
  • Salisbury Avenue Corridor — the town's traditional Main Street spine, near shops, the museum, and the revitalized Park Plaza.
  • North Rowan & North Yadkin Avenues — established residential streets of early-20th-century homes north and west of downtown.

Life in Spencer

Spencer's signature landmark is the North Carolina Transportation Museum, set on the 60-acre former Spencer Shops site and home to the Bob Julian Roundhouse — the largest surviving roundhouse in North America — plus the historic Barber Junction Depot and the sprawling Back Shop. The town was named for Samuel Spencer, the first president of Southern Railway. Families are served by Rowan-Salisbury Schools, and residents enjoy immediate access to neighboring Salisbury's downtown, dining, and colleges just minutes to the south.

Buying or Selling in Spencer?

Mantle Realty serves buyers and sellers throughout central North Carolina — explore the map above and reach out for a free home valuation and local guidance in Spencer and the wider Rowan County area.

Search Spencer Real Estate & Homes

 

VIEW LISTINGS

+ USEFUL INFORMATION

+ MORTGAGE CALCULATOR

Explore Nearby Communities

$450,000
4412037 MLS
Public Remarks This is a rare opportunity to acquire a meticulously renovated, 5,989 total square foot commercial hub situated on 1.38 acres across four parcels in Spencer. The property is currently owner-occupied by a consulting firm that will be vacating upon sale, offering a "plug-and-play" headquarters for a professional service, medical user, or retailer. The 2,989 square foot main level is thoughtfully designed with a dual-zone layout; while the front is ideal for high-end office use, the back is a proven revenue generator currently utilized for various classes and community events. This configuration allows a new owner to establish their own business in the primary suite while immediately benefiting from the existing traffic and income potential of the event space. The building has undergone an extensive top-to-bottom renovation that ensures a maintenance-free transition for the next owner. The interior boasts brand-new, thick commercial-grade LVP flooring, new vinyl ceiling tiles, and modern LED lighting throughout. Critical infrastructure has been modernized with new hot water lines, updated electrical outlets, and a secure new front entry door. Both bathrooms have been fully renovated, and the entire structure features fresh interior and exterior paint. For those needing additional utility, the property includes a massive 3,000 square foot unfinished basement equipped with a large bay door, perfect for heavy storage, a workshop, or future expansion. The exterior of the property is just as impressive as the interior, featuring significant site improvements designed for longevity and ease of use. A brand-new paved parking lot provides professional curb appeal at the front, complemented by fresh concrete work around the entrance, while the rear of the property features new gravel and a backyard that has been professionally graded for optimal drainage. The HVAC unit is 7 years old and with 1.38 acres of land, there is ample room for fleet parking, outdoor storage, or further development. This is a unique chance to own a fully updated, income-capable asset that is ready for immediate occupancy!

1108 S Salisbury Avenue, Spencer

Listing courtesy of Century 21 Towne and Country. jcrusher12@gmail.com

$229,000
3 Beds 2 Baths 4395795 MLS
SELLER IS OFFERING $3,000 IN CONCESSIONS WITH AN ACCEPTABLE OFFER! Welcome to 509 5th Street in Spencer, where classic character, generous living space, and modern comfort come together in a home that is ready for its next chapter. This charming 3-bedroom, 2-bath home offers approximately 1,620 square feet of one-level living, giving you the space you need without sacrificing the warmth and personality that make an older home special. From the moment you arrive, the inviting covered front porch sets the tone—an ideal place to enjoy your morning coffee, unwind at the end of the day, or simply take in the neighborhood. Step inside and you’ll immediately notice the beautiful wood flooring, abundant natural light, and spacious rooms that give this home an open, comfortable feel. The living areas offer plenty of room for both relaxing and entertaining, while the classic fireplace adds an eye-catching focal point and a touch of timeless charm. The kitchen provides ample cabinetry and workspace along with a dishwasher, electric range, and refrigerator, making it easy to settle in and start enjoying the home from day one. The primary bedroom features its own en-suite bathroom, creating a private retreat, while two additional bedrooms offer flexibility for family, guests, a home office, hobby room, or whatever best fits your lifestyle. A dedicated laundry room adds another layer of everyday convenience. Outside, the property continues to deliver with a detached one-car garage, providing valuable parking, storage, workshop, or hobby space. The approximately 0.17-acre lot offers manageable outdoor space without overwhelming maintenance, and with NO HOA, you can enjoy homeownership without monthly association dues. The home is also connected to city water and city sewer and features central air and a heat pump for year-round comfort. Whether you’re searching for your first home, looking to simplify with one-level living, or simply want a property that combines character, space, convenience, and value, 509 5th Street deserves a closer look. And with the seller offering $3,000 in concessions with an acceptable offer, buyers may have an opportunity to put those funds toward allowable closing costs, prepaid expenses, or other lender-approved expenses. Don’t just scroll past this one—schedule your private showing and come see what makes 509 5th Street a place you’ll want to call home.

509 5th Street, Spencer

Listing courtesy of Lifestyle International Realty. scottbauknight.realtor@gmail.com

Start Your Search

“ Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Some IDX listings have been excluded from this website. Properties may or may not be listed by the office/agent presenting the information © 2026 Canopy MLS as distributed by MLS GRID”

Last Updated:

The information from this search is provided by the High 'Country Multiple Listing Service. Please be aware that not all listings produced from this search will be of this real estate company. All information is deemed reliable, but not guaranteed. Please verify all property information before entering into a purchase.”

Listings provided courtesy of Triangle MLS, Inc. of NC, Internet Data Exchange Database. Information deemed reliable but not guaranteed. © 2026 Triangle MLS, Inc. of North Carolina. Data last updated .