1416 Salisbury Avenue Albemarle, NC $ 1,400,000
1416 Salisbury Avenue
$ 1,400,000
New Construction
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1416 Salisbury Avenue

Albemarle, NC, 28001
$ 1,400,000
Bedrooms-- Baths0.0 Sq 6,144

Monthly Estimate*

$ 9,669

1416 Salisbury Avenue, Albemarle, NC 28001 - Image 1
1416 Salisbury Avenue, Albemarle, NC 28001 - Image 2
1416 Salisbury Avenue, Albemarle, NC 28001 - Image 3
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1416 Salisbury Avenue, Albemarle, NC 28001 - Image 7

Multi-Family Home for sale in Albemarle, NC

for $1,400,000. This 6,144 square foot home was built in 2025 on a lot size of 0.93.

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.

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Multi-Family Active

Price

$ 1,400,000

Property Type

Multi-Family

Taxes

$ 0

Style

Lot Size

0.93

Year Built

2025

Town/City

Albemarle

County/Region

Stanly

MLS | Web ID

4315800

Features
General
Living Area 6144
Sewer Public Sewer
Heating Electric Heat Pump
Cooling Electric
Roof Architectural Shingle
Appliances Dishwasher Electric Oven Electric Range Microwave Refrigerator with Ice Maker
Development Status Completed
Construction Materials Vinyl
Pets Allowed Conditional
Year Built 2025
Tenant Pays All Utilities Cable TV Electricity Gas Internet Water
Stories Count 2
Property Subtype Portfolio
Parcel Number 653904911640
County Stanly
New Construction Y
Property Type Residential Income
HOA N
Garage Y/N N
High School Unspecified
City Albemarle
Senior Community Y/N N
Number Of Units Total 6
Lot Size Units Acres
Carport Y/N N
Elementary School Unspecified
Middle/Junior High School Unspecified
Additional Parcels Y/N N
Standard Status Active
Construction Type Site Built
Tax Assessed Value 298035
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Interior
Interior Amenities Storage
Flooring Carpet Vinyl
Basement (Y/N) N
Fireplace Y/N N
Above Grade Finished Area 6144
Laundry Features In Kitchen
Below Grade Finished Area 0
Number Of Completed Units Total 6
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Exterior
Parking Features Driveway
Water Source City
Lot Size Area 0.93
Foundation Details Slab
Building Area Total 6144
Road Surface Type Concrete Paved
Road Responsibility Publicly Maintained Road
Main Level Garage YN N
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Internal Only
Street Number 1 1416
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* Excluded Features
List By
Premier Real Estate Team Inc.

Broker

Affordability Calculator

$9,669
Per Month
100%
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0%
Monthly Principal & Interest
$9,669
Monthly Property Taxes
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Monthly Home Insurance
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Default based on a 30-year fixed rate of 7.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
1081546 Elementary School
1081540 Middle School
Unspecified High School High School
Pricing History
DatePricePrice ChangeDescription
10/23/2025$1,400,000 Listed Price

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1416 Salisbury Avenue, Albemarle, NC, 28001 is a Multi-Family Home for sale at $1,400,000 with 6,144 sqft and a lot size of 0.93. 1416 Salisbury Avenue has 0.0 baths and was built in 2025. The property's zip code is 28001 which is in Albemarle, NC