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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
Garage spaces
N/A
Lot size
N/A
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Nearby schools

Within 10 miles · public school directory data (NCES)

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

Mortgage calculator

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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.