Albemarle NC Multi Family for Sale

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Type:
Duplex
Sq.Ft.:
3,862
Status:
NEW LISTING
Beds:
8
Year built:
2024
Baths:
6.00
MLS#:
4197352

ADDITIONAL INFORMATION

Estimated completion date of 12-5-2024. This all-brick new construction duplex in Albemarle offers several attractive features: Size and Layout: Each side of the duplex boasts 1,931 sq ft with 4 bedrooms and 2.5 bathrooms, providing ample space for families or individuals. Investment Potential: Living in one unit while renting out the other can significantly aid in covering mortgage costs, making it an appealing option for buyers looking to offset their expenses. Multigenerational Living: The spacious layout is ideal for multigenerational families, allowing relatives to live close together while maintaining personal space. Investor Opportunity: For investors, this property offers great potential for rental income.

Type:
Cluster
Sq.Ft.:
12,259
Status:
Active
Beds:
34
Year built:
1940
Baths:
18.00
MLS#:
3924741

ADDITIONAL INFORMATION

This is a listing for 18 units - 2 fourplexes and 6 Single family homes all on the same street across the street from each other and 4 more single family homes within a mile. Quad #1- 420, 428, 432, and 436 Davis St / Quad #2- 440, 444, 448, and 450 Davis St / Single Family Homes 431, 435, 439, 443, 451 and 457 Davis St / Single Family Homes 310, 330, 334 West Dr and Single Family Home 719 5th St. All property is in Albemarle. Do not disturb tenants.

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Andrea Conner, License #298336, Xome Inc., License #C24582, [email protected], 844-400-9663, 750 State Highway 121 Bypass, Suite 100, Lewisville, TX 75067

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Albemarle Real Estate

The median home value in Albemarle, NC is $284,500. This is higher than the county median home value of $259,040. The national median home value is $338,100. The average price of homes sold in Albemarle, NC is $284,500. Approximately 45.73% of Albemarle homes are owned, compared to 37.78% rented, while 16.49% are vacant. Albemarle real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Albemarle real estate agent to arrange a tour today!

Albemarle, North Carolina has a population of 16,318. Albemarle is less family-centric than the surrounding county with 19.2% of the households containing married families with children. The county average for households married with children is 27.26%.

The median household income in Albemarle, North Carolina is $43,231. The median household income for the surrounding county is $56,462 compared to the national median of $69,021. The median age of people living in Albemarle is 39.6 years.

Albemarle Weather

The average high temperature in July is 89.7 degrees, with an average low temperature in January of 29.3 degrees. The average rainfall is approximately 47 inches per year, with 2.9 inches of snow per year.

Albemarle Real Estate Market Conditions

  • Median sales price

    $284,500
    25.4% change since last quarter
  • # Active listings

    236
    30-day change

Albemarle Schools and Demographics

Education near Albemarle, NC

Metric City County
High School Graduates 84.5 86.05
College Degree - 2 year 12.72 12.33
College Degree - 4 year 18.6 17.93
Graduate Degree 4.03 4.17
Expenditures per Student 9,919 9,919
Students per Teacher 15.3 15.3

Elementary Schools near Albemarle, NC

School Grades Students P/T Ratio ZIP
Aquadale Elementary School PK - 05 295 13.2 28128
Badin Elementary School KG - 05 424 15.8 28009
Central Elementary School KG - 05 615 14.5 28001
East Albemarle Elementary School KG - 05 374 15.2 28001
Endy Elementary School KG - 05 309 13.6 28001
Millingport Elementary School PK - 05 266 12.8 28001
Norwood Elementary School KG - 05 376 15.4 28128
Oakboro Elementary School PK - 05 352 14.2 28129

Middle Schools near Albemarle, NC

School Grades Students P/T Ratio ZIP
Albemarle Middle School 06 - 08 430 13.4 28001
North Stanly Middle School 06 - 08 531 14.8 28127
South Stanly Middle School 06 - 08 407 14.5 28128

High Schools near Albemarle, NC

School Grades Students P/T Ratio ZIP
Albemarle High School 09 - 12 464 13.4 28001
North Stanly High School 09 - 12 593 13.5 28127
South Stanly High School 09 - 12 429 12.7 28128
Stanly Early College High School 09 - 13 204 26.8 28001
West Stanly High School 09 - 12 816 14.9 28129

Ungraded Schools near Albemarle, NC

School Grades Students P/T Ratio ZIP
* Stanly Academy Learning Center 09 - 12 33 3 28001

Demographics near Albemarle, NC

Metric City County
Neighborhood Type Suburban
Population 16,318 62,148
Population Density 961 157
Median Age 39.6 41.9
People per Household 2.4 2.5
Median Household Income 43,231 56,462
Average Income per Capita 24,883 28,334