301 Stowe Ave Asheboro, NC 27203
Estimated payment $1,680/month
About This Home
Calling all savvy investors! Here’s your chance to snag a profitable portfolio booster. This well-maintained triplex features three 1-bed, 1-bath units — each with laminate flooring throughout, its own washer/dryer hookup, separate water tap, and individual utility responsibility. All units are on annual leases, making this a true turnkey income opportunity. Perfectly positioned near major highways for easy commuting, plus just minutes from local shops and eateries. Invest in yourself and secure this cash-flowing triplex today!
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $2,182
Year Built
- Built in 1960
Parking
- Gravel Driveway
Home Design
- Triplex
- Brick Exterior Construction
Utilities
- Central Air
- Heat Pump System
- Electric Water Heater
Additional Features
- Laminate Flooring
- Washer and Dryer Hookup
- Basement
Community Details
- No Home Owners Association
- 3 Units
Listing and Financial Details
- Assessor Parcel Number 7750888059
- 1% Total Tax Rate
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 | $2,182 | $164,630 | $20,670 | $143,960 |
| 2023 | $2,182 | $164,630 | $20,670 | $143,960 |
| 2022 | $1,771 | $122,820 | $14,690 | $108,130 |
| 2021 | $1,771 | $122,820 | $14,690 | $108,130 |
| 2020 | $1,771 | $122,820 | $14,690 | $108,130 |
| 2019 | $1,419 | $98,450 | $14,690 | $83,760 |
| 2018 | $1,046 | $71,290 | $17,740 | $53,550 |
| 2016 | $1,046 | $71,292 | $17,740 | $53,552 |
| 2015 | $1,048 | $71,292 | $17,740 | $53,552 |
| 2014 | -- | $71,292 | $17,740 | $53,552 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/16/2025 08/16/25 | Pending | -- | -- | -- |
| 08/14/2025 08/14/25 | For Sale | $275,000 | -- | -- |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $140,000 | None Available | |
| Warranty Deed | $32,500 | None Available |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $105,000 | Future Advance Clause Open End Mortgage |
Source: Triad MLS
MLS Number: 1190943
APN: 7750-88-8059
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