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Albemarle Duplexes 3 Multifamily Properties Offered at $1,400,000 in Albemarle, NC

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INVESTMENT HIGHLIGHTS

  • Simple, low-maintenance duplex construction
  • $1,350 per unit
  • 3 total buildings / 6 total units — sold as a package

EXECUTIVE SUMMARY

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.

PROPERTY FACTS

Price $1,400,000
Price / SF $88.72 / SF
Sale Type Investment
Status Active
Number of Properties 3
Individually For Sale 0
Total Building Size 15,780 SF
Total Land Area 0.90 AC

PROPERTIES

PROPERTY NAME / ADDRESS PROPERTY TYPE SIZE YEAR BUILT INDIVIDUAL PRICE
1418 Salisbury Ave, Albemarle, NC 28001 Multifamily 7,588 SF 2025 -
1420 Salisbury Ave, Albemarle, NC 28001 Multifamily 6,144 SF 2025 -
1424 Salisbury Ave, Albemarle, NC 28001 Multifamily 2,048 SF 2025 -
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  • Listing ID: 38188033

  • Date on Market: 10/23/2025

  • Last Updated:

  • Address: Albemarle Duplexes, Albemarle, NC

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