Rare chance to acquire a portfolio of three duplexes (six total units) located in the growing city of Albemarle, North Carolina. All units are currently renting at $1,350 per door, providing reliable, predictable income from day one. 3 total buildings / 6 total units — sold as a package. Albemarle is a fast-developing regional hub within commuting range of Charlotte, yet still offers residents the small-town comfort investors love: expanding job market, affordable cost of living, quality schools, and proximity to lakes, parks, and outdoor recreation (Morrow Mountain, Badin Lake, Uwharrie National Forest). The city has been steadily attracting both residents and small business investment — the exact formula that supports long-term rent growth. This is the ideal play for investors seeking cash flow in a growth corridor without the volatility and pricing wars of the major metros. Duplexes are among the most resilient asset classes in residential real estate — easy to lease, easy to manage, and hard to overbuild.
Active
$1,400,000
1416 Salisbury Ave, Albemarle, NC 28001
--beds
--baths
6,144sqft
Est.:
Multi Family
Built in 2025
-- sqft lot
$1,345,200 Zestimate®
$228/sqft
$-- HOA
What's special
- 60 days |
- 151 |
- 7 |
Zillow last checked: 8 hours ago
Listing updated: November 19, 2025 at 12:56pm
Listing Provided by:
Steven Ross premiersr77@gmail.com,
Premier Real Estate Team Inc.
Source: Canopy MLS as distributed by MLS GRID,MLS#: 4315800
Tour with a local agent
Facts & features
Interior
Heating
- Electric, Heat Pump
Cooling
- Electric
Appliances
- Included: Dishwasher, Electric Oven, Electric Range, Microwave, Refrigerator with Ice Maker
- Laundry: In Kitchen
Features
- Storage
- Flooring: Carpet, Vinyl
- Has basement: No
Interior area
- Total structure area: 6,144
- Total interior livable area: 6,144 sqft
- Finished area above ground: 6,144
- Finished area below ground: 0
Property
Parking
- Parking features: Driveway
- Has uncovered spaces: Yes
Features
- Stories: 2
Lot
- Size: 0.93 Acres
Details
- Parcel number: 653904911640
- Zoning: R-8
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Vinyl
- Foundation: Slab
Condition
- New construction: Yes
- Year built: 2025
Utilities & green energy
- Sewer: Public Sewer
- Water: City
Community & HOA
Location
- Region: Albemarle
Financial & listing details
- Price per square foot: $228/sqft
- Tax assessed value: $298,035
- Annual tax amount: $158
- Date on market: 10/23/2025
- Cumulative days on market: 60 days
- Tenant pays: All Utilities, Cable TV, Electricity, Gas, Water
- Road surface type: Concrete, Paved
Estimated market value
$1,345,200
$1.28M - $1.41M
$1,375/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 10/23/2025 | Listed for sale | $1,400,000+2233.3%$228/sqft |
Source: | ||
| 4/3/2024 | Sold | $60,000$10/sqft |
Source: Public Record Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $158 | $12,923 |
| 2023 | $158 | $12,923 |
| 2022 | $158 | $12,923 |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$8,038/mo
Principal & interest
$6906
Property taxes
$642
Home insurance
$490
Climate risks
Neighborhood: 28001
Nearby schools
GreatSchools rating
- 6/10Central Elementary SchoolGrades: K-5Distance: 1.5 mi
- 2/10Albemarle Middle SchoolGrades: 6-8Distance: 2.6 mi
- 2/10Albemarle High SchoolGrades: 9-12Distance: 1 mi
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