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1416 Salisbury Avenue, Albemarle, NC 28001 (MLS # 4315800)

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PRICE $1,400,000 dsIDX morgage calculator
BEDS 0
BATHS 0
HOME SIZE 6,144 sqft
LOT SIZE 40,511 sqft

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.

YEAR BUILT 2025 COUNTY Stanly
STATUS Active PROPERTY TYPE(S) Multi Family

SCHOOLS
Elementary School Unspecified
Jr. High School Unspecified
High School Unspecified


ADDITIONAL DETAILS
AIR Electric
AIR CONDITIONING Yes
APPLIANCES Dishwasher, Electric Oven, Electric Range, Microwave
HEAT Electric, Heat Pump
INTERIOR Storage
LOT 0.93 acre(s)
MLS STATUS Active
PARKING Driveway
SEWER Public Sewer
STORIES 2
MORTGAGE CALCULATOR
   

TOTAL MONTHLY PAYMENT

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Listed with Premier Real Estate Team Inc.
Date last updated: 1/18/26 8:59 AM PST

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