1416 Salisbury Ave Albemarle, NC 28001
Estimated payment $7,414/month
Highlights
- New Construction
- Cooling Available
- Laundry Room
- No HOA
- Living Room
- Storage
About This Home
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.
Listing Agent
Premier Real Estate Team Inc. Brokerage Email: premiersr77@gmail.com License #199845 Listed on: 10/23/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $158
Year Built
- Built in 2025 | New Construction
Parking
- Driveway
Home Design
- Slab Foundation
- Architectural Shingle Roof
- Vinyl Siding
Interior Spaces
- 6,144 Sq Ft Home
- Property has 2 Levels
- Living Room
- Storage
- Laundry Room
Kitchen
- Electric Oven
- Electric Range
- Microwave
- Dishwasher
Flooring
- Carpet
- Vinyl
Utilities
- Cooling Available
- Heat Pump System
Community Details
- No Home Owners Association
Listing and Financial Details
- Assessor Parcel Number 653904911640
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $158 | $12,923 | $12,923 | $0 |
| 2023 | $158 | $12,923 | $12,923 | $0 |
| 2022 | $158 | $12,923 | $12,923 | $0 |
| 2021 | $158 | $12,923 | $12,923 | $0 |
| 2020 | $144 | $11,076 | $11,076 | $0 |
| 2019 | $145 | $11,076 | $11,076 | $0 |
| 2018 | $145 | $11,076 | $11,076 | $0 |
| 2017 | $140 | $11,076 | $11,076 | $0 |
| 2016 | $134 | $10,615 | $10,615 | $0 |
| 2015 | $135 | $10,615 | $10,615 | $0 |
| 2014 | $146 | $10,615 | $10,615 | $0 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 10/23/2025 10/23/25 | For Sale | $1,400,000 | -- | $228 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $60,000 | None Listed On Document | |
| Warranty Deed | $60,000 | None Listed On Document | |
| Warranty Deed | -- | -- | |
| Warranty Deed | -- | None Listed On Document |
Source: Canopy MLS (Canopy Realtor® Association)
MLS Number: 4315800
APN: 6539-04-91-1606
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