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1416 Salisbury Ave, Albemarle, NC 28001
1416 Salisbury Ave, Albemarle, NC 28001
1416 Salisbury Ave, Albemarle, NC 28001
1416 Salisbury Ave, Albemarle, NC 28001
1416 Salisbury Ave, Albemarle, NC 28001
1416 Salisbury Ave, Albemarle, NC 28001
1416 Salisbury Ave, Albemarle, NC 28001

1416 Salisbury Ave Albemarle, NC 28001

$1,400,000

ACTIVE
Beds
Baths
Sqft
6,144
Acres
0.93
Year
2025
Days on Site
179
Property Type
Residential Income
Sub Type
Portfolio
Per Square Foot
$228
Date Listed
Oct 23, 2025

Description of 1416 Salisbury Ave, Albemarle, NC 28001

Listing details for 1416 Salisbury Ave, Albemarle, NC 28001 : 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 Updated : 04-16-2026 at 5:23 AM EDT
Listing Provided By : Steven Ross, 704-796-3433, Premier Real Estate Team Inc.
Source :

canopymls as distributed by MLS GRID, MLS#: CAR4315800

Property History

DateEventPrice
10/23/2025
Listed for sale
$1,400,000
$228/sqft
Source:canopymls #CAR4315800
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Based on information submitted to the MLS GRID as of 2026-04-16. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
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