Portfolio at 503 Coggins Avenue, Albemarle
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20 photos

$545,000

503 Coggins Avenue
Albemarle, NC 28001
Listed by Sheila St Germain · EXP Realty LLC Ballantyne
Bedrooms
9
Bathrooms
4
Living area
3,215 sqft
Year built
1978

About this home

Turnkey investment opportunity in the heart of Albemarle! This prime multi-property portfolio features four fully occupied units generating a reliable, robust annual income of $55,800. With low operating overhead and strong historical performance, this portfolio offers immediate cash flow and strong upside potential for savvy investors or portfolio builders. Positioned in a high-demand rental pocket, tenants enjoy unmatched convenience to historic downtown Albemarle's local dining and shops, nearby parks, local wineries, and quick weekend access to Badin Lake and Lake Tillery. Complete rental history and detailed income/expense reports are available upon request—step right into a streamlined, income-producing asset without missing a beat!

Property details

MLS
Canopy MLS
MLS #
CAR4417579
Property type
Portfolio
Subdivision
None
Status
Active
Days on market
6
On market date
August 24, 2026
Stories
N/A
Total bathrooms
4
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.

Elementary
Central Elementary
1.05 mi away · Grades 0-5
Zoned school (attendance boundary, 2015-16 data)
2.3
Local Score (state rating (2025) blended 70/30 with student-teacher ratio) -- not an official state rating
State rating: D (2025)
Enrollment
508
Student:teacher ratio
15.4:1
District
Stanly County Schools
Middle
Albemarle Middle
0.7 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
1.79 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).

54
Somewhat walkable
out of 100
EPA National Walkability Index
7.8 / 20 -- Below average walkable
Google Places amenity density
75 / 100
Restaurants & cafes20
Grocery stores10
Parks0
Schools4
Transit stops0
Pharmacies4

Market position

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

On the market 6 days -- 82 fewer days than Albemarle's current average of 88 days.
For reference, the median list price across 247 active listings in Albemarle right now is $299,990.

Mortgage calculator

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

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%
%
Adjust tax / insurance estimates
% / yr
$
/mo
Est. monthly payment
$3,432/mo
$109,000 down
$436,000 loan
Principal & interest$2,828
Property tax (est.)$454
Home insurance (est.)$150

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Data source: Listing information provided by Canopy MLS (carolina) via Trestle/CoreLogic. Last updated September 21, 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.