Single Family Residence at Albemarle
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48 photos

$175,000

Albemarle, NC 28001
Listed by Thomas Elrod · Keller Williams Ballantyne Area
Bedrooms
3
Bathrooms
1
Living area
1,225 sqft
Year built
1941

About this home

Investor special in the heart of Albemarle. Situated on a large corner lot with 0.39 acres, this property offers potential for renovation, rental income, or possible future redevelopment opportunities (buyer to verify subdivision/zoning possibilities with the City of Albemarle). The home features over 1,100 square feet with 2 bedrooms, 1 bath, high ceilings, hardwood floors in some areas, a covered front porch, detached carport, and spacious backyard. Ideal opportunity for investors, flippers, or buyers looking for a project with upside potential. Conveniently located just 1/2 mile to downtown Albemarle including local shopping, restaurants, and local parks. Property is currently tenant occupied on a month-to-month basis. Please do not disturb. For interior photos, please reach out to co-list agent.

Highlights

Fireplace

Property details

MLS #
CAR4380717
Property type
Single Family Residence
Subdivision
None
Status
Active
Days on market
1
On market date
May 19, 2026
Stories
N/A
Total bathrooms
1
Garage spaces
N/A
Parking spaces
N/A
Lot size
N/A
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Nearby schools

Within 10 miles. School directory data from the National Center for Education Statistics (NCES), accessed via the Urban Institute Education Data API. Local Score is calculated by INNOVATE Real Estate; where a state rating is shown, it comes from that state's own official school report card (e.g. NC Dept. of Public Instruction, SC Report Card).

Elementary
East Albemarle Elementary
1.56 mi away · Grades 0-5
Zoned school (attendance boundary, 2015-16 data)
1.9
Local Score (state rating (2025) blended 70/30 with student-teacher ratio) -- not an official state rating
State rating: F (2025)
Enrollment
306
Student:teacher ratio
13.9:1
District
Stanly County Schools
Middle
Albemarle Middle
1.61 mi away · Grades 6-8
Zoned school (attendance boundary, 2015-16 data)
1.6
Local Score (state rating (2025) blended 70/30 with student-teacher ratio) -- not an official state rating
State rating: F (2025)
Enrollment
407
Student:teacher ratio
16.3:1
District
Stanly County Schools
High
Albemarle High
1.84 mi away · Grades 9-12
Zoned school (attendance boundary, 2015-16 data)
3.3
Local Score (state rating (2025) blended 70/30 with student-teacher ratio) -- not an official state rating
State rating: C (2025)
Enrollment
369
Student:teacher ratio
14.8:1
District
Stanly County Schools

Walkability

Blended score for Albemarle's center, calculated by INNOVATE Real Estate from two sources: the EPA's National Walkability Index (street network, transit, land-use mix) and Google Places amenity data (what's actually reachable on foot from this point). 60% EPA National Walkability Index + 40% nearby-amenity density (Google Places).

57
Somewhat walkable
out of 100
EPA National Walkability Index
9.2 / 20 -- Below average walkable
Google Places amenity density
73 / 100
Restaurants & cafes20
Grocery stores1
Parks9
Schools5
Transit stops1
Pharmacies1

Market position

How this listing compares to current activity in Albemarle, from live MLS data.

On the market 1 days -- 84 fewer days than Albemarle's current average of 85 days.
For reference, the median list price across 162 active listings in Albemarle right now is $317,428.

Mortgage calculator

Estimate only - actual rate and payment depend on your lender, credit, and loan program.

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Est. monthly payment
$1,204/mo
$35,000 down
$140,000 loan
Principal & interest$908
Property tax (est.)$146
Home insurance (est.)$150

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Data source: Listing information provided by Canopy MLS (carolina) via Trestle/CoreLogic. Last updated May 20, 2026.

Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.