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Six-Unit Duplex Portfolio
New
For Sale
$1,400,000

1416 Salisbury Ave, Albemarle, NC 28001

Package includes three duplex buildings in Albemarle, North Carolina.

Property Size6,144 SF
Price / SF$227.86
Days on Market3

Property Features for 1416 Salisbury Ave

General Information

Standard status Active
Size 6,144 SF
Property subtype Multi-Family

Additional Details

Average Monthly Rent $1,350
Multifamily Units 6

Building Details

Year Built 2025
Buildings 3
Listing Agency: Premier Real Estate Team Inc.
Listed By: Steven Ross
Source: Lewisandkirk
Added: Sep 12 Changed: Sep 13 Last Checked: Sep 13 at 3:31PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Premier Real Estate Team Inc.

Investment Insights

Based on property information with market context.

This offering includes three separate duplex buildings comprising six total residential units, with the properties being sold together as one package. The buildings provide a combined 6,144 square feet of residential space and were constructed in 2025.

All six units are currently rented. The portfolio is located at 1416 Salisbury Ave in Albemarle, North Carolina, providing a defined residential income property configuration across multiple duplex improvements.

Key Highlights

  • Three duplex buildings sold together as one package
  • Six total residential units
  • Combined building area of 6,144 square feet

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Law Firm Building Supply HVAC Service Kitchen & Bath Showroom Grocery & Convenience Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

6
Residential units

Location Intelligence

Trade Area within ½ mile

83
Businesses Nearby

Demographics for 28001, NC

27,185
Population
12,847
Households
2.1
Avg Household Size
43
Median Age
21%
College-Educated
88%
High-School Grad
131.4 sq mi
ZIP Area
207
Density / Sq Mi
$55,610
Median Household Income
$36,684
Median Earnings
$823
Median Rent
$194,200
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
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Frequently Asked Questions

What type of property is this?
Duplex - Package includes three duplex buildings in Albemarle, North Carolina.
Where is this duplex located?
The property is located at 1416 Salisbury Ave Albemarle, NC.
What is the asking price?
The asking price for this property is $1,400,000.
What are key features of this property?
This property features: Three duplex buildings sold together as one package; Six total residential units; Combined building area of 6,144 square feet
More about this property
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