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    450 Davis St Albemarle, NC 28001

    For Sale
    $2,100,000

    MULTI_FAMILY - Albemarle, NC

    Days on Market:
    48
    Last Refresh:
    Dec 6 at 12:06 am

    Property Features for 450 Davis St

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Rooms
    Bedroom 5, Bedroom 23, Bathroom 8, Bedroom 19, Bathroom 17, Bedroom 7, Bedroom 17, Bedroom 6, Bedroom 26, Bedroom 32, Bedroom 2, Bedroom 13, Bathroom 10, Bedroom 1, Bedroom 21, Bathroom 6, Bedroom 27, Bedroom 10, Bathroom 15, Bedroom 9, Bedroom 22, Bedroom 20, Bathroom 1, Bathroom 7, Basement, Bedroom 34, Bedroom 18, Bedroom 11, Bedroom 25, Bedroom 16, Bedroom 12, Bathroom 5, Bathroom 9, Bedroom 8, Bedroom 4, Bedroom 14, Bedroom 24, Bedroom 30, Bedroom 28, Bathroom 14, Bathroom 18, Bedroom 15, Bedroom 3, Bathroom 16, Bathroom 4, Bedroom 33, Bathroom 3, Bedroom 29, Bathroom 12, Bathroom 2, Bathroom 11, Bathroom 13, Bedroom 31
    Bedrooms
    34
    APN
    6548-04-53-0337
    Parking features
    Driveway, On Street
    Appliances
    Electric Water Heater

    Utilities

    Sewer type
    Public Sewer

    Building Details

    Year built
    1940
    Number of units
    18
    Roof type
    Shingle

    FK and Associates Real Estate Firm (727) 804-6058 [email protected]

    Listing agent Freddy Karmatz (727) 804-6058

    Listing date Oct 20, 2025

    MLS# 3924741 Listing URL

    Copyright © 2025 Canopy MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Albemarle Multifamily and Single Homes

    This listing features a portfolio of 18 units, comprising two fourplexes and six single-family homes situated on the same street, directly across from each other. An additional four single-family homes are located within a mile of the main grouping. The first fourplex includes units at 420, 428, 432, and 436 Davis Street. The second fourplex contains units at 440, 444, 448, and 450 Davis Street. The single-family homes on Davis Street are located at 431, 435, 439, 443, 451, and 457. The remaining single-family homes are located at 310, 330, and 334 West Drive, and 719 5th Street. All properties are located in Albemarle, North Carolina.
    Location Intelligence

    Current Use by Public Records

    Single family properties

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Albemarle
    County
    Stanly
    State
    North Carolina
    Longitude
    -80.190394
    Latitude
    35.346855

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    FAQs

    What type of property is this?
    Single family property - Portfolio of 18 units including multifamily and single-family homes.
    Where is this single family property located?
    The property is located at 450 Davis St Albemarle, NC.
    What is the asking price?
    The asking price for this property is $2,100,000.
    What are key features of this property?
    This property features: - Portfolio of 18 units: **2 fourplexes and 6 single-family homes on Davis St, plus 4 additional single-family homes nearby.**; - Multiple properties located on the same street (Davis St) and within a mile of each other.; - All properties are located in Albemarle.
    (727) 804-6058
    Request Owner's contact information
    450 Davis St Albemarle, NC 28001
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    Albemarle, NC 28001
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    450 Davis St Albemarle, NC 28001
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