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1416 Salisbury Avenue

Albemarle, NC 28001
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Bed 0

Bed

Bath 0

Bath

SqFt6,144

Sqft

Acres0.93

Acre(Lot)

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 ca sh 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.

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Detail Ic Property Details

Property Type : Residential Income

Price : $1,400,000

AD Id : 68945006

MLS Id : CAR4315800

Lot Size : 0.93 Acre

Living Area Size : 6,144

Year Built : 2025

County : Stanly

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Feature Features

  • Interior Features

    Storage Roof: Architectural Shingle Appliances: Dishwasher, Electric Oven, Electric Range, Microwave, Refrigerator with Ice Maker Laundry Features: In Kitchen

    Roofing Information

    Architectural Shingle
  • Flooring Information

    Flooring: Carpet, Vinyl Construction Materials: Vinyl
  • Heating & Cooling

    Heating: Electric, Heat Pump Cooling: Electric WaterSource: City

  • Building Information

    Year Built: 2025

  • Lot Information

    Lot Size Area: 0.93 acre

    Property Information

    Property Type: Residential Income Sub Type: Portfolio

  • Listing Price Information

    Original List Price:$1400000

  • Tax Information

    Tax Assessed Value: 298035 Parcel Number: 653904911640

  • Parking Information

    Driveway

  • School Information

    Elementary School: Unspecified Junior High School: Unspecified Senior High School: Unspecified
  • Utility Information

    Sewer: Public Sewer Water Source: City
  • Location Information

    City: Albemarle
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
24756 Strand Drive, Albemarle, NC, 28001 $1,049,000 4 3 4,018 4,018 SqFt
24264 Strand Drive, Albemarle, NC, 28001 $749,000 4 3 2,514 2,514 SqFt
49611 Waterview Trail, Albemarle, NC, 28001 $398,000 2 1 --
49435 River Run Road, Albemarle, NC, 28001 $850,000 3 3 2,232 2,232 SqFt
22246 Oakwood Road, Albemarle, NC, 28001 $545,000 2 1 723 723 SqFt
22055 Oakwood Road, Albemarle, NC, 28001 $275,000 3 2 1,615 1,615 SqFt
25397 Stony Mountain Road, Albemarle, NC, 28001 $339,000 3 2 1,600 1,600 SqFt
32547 Valley Drive, Albemarle, NC, 28001 $395,000 2 2 1,473 1,473 SqFt
32497 Guard Road, Albemarle, NC, 28001 $400,000 2 2 2,330 2,330 SqFt
32618 Guard Road, Albemarle, NC, 28001 $749,900 4 4 4,766 4,766 SqFt
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ByOwner last updated this listing 06/21/2026 @ 06:20

MLS: CAROLINA #4315800 LISTED BY: Steven Ross, Premier Real Estate Team Inc. 704-796-3433 SOURCE: CAROLINA (Canopy MLS) (Listings courtesy of CAROLINA (Canopy MLS) as distributed by MLS GRID)

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