Renovated Quadplex
For Sale
$800,000
1962 & 1966 Lakeview Road, Asheboro, NC 27203
Residential Income, Asheboro, NC
Property SizeContact for details
Lot Size0.57 Acres
Days on Market222
Property Features for 1962 & 1966 Lakeview Road
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning description
R-10
Bedrooms
16
Bathrooms
8
Full bathrooms
8
Rooms
Bedroom 1, Bedroom 9, Bedroom 15, Bedroom 7, Bathroom 3, Bedroom 4, Bedroom 3, Bathroom 5, Bedroom 13, Bedroom 12, Bathroom 8, Bedroom 14, Bedroom 6, Bedroom 5, Bathroom 2, Bathroom 6, Bedroom 2, Bedroom 11, Bedroom 8, Bedroom 10, Bathroom 7, Bathroom 1, Bathroom 4, Bedroom 16
Parking features
Parking Lot
Appliances
Oven, Refrigerator
Elementary school
Unspecified
Middle school
Unspecified
High school
Unspecified
Standard status
Active
APN
7762-49-5260
Lot size
0.57 Acres
Taxes and HOA fees
Tax Description
SCHWARZ PROPERTIES LLC LO:3 PL:96-32
Legal Description
SCHWARZ PROPERTIES LLC LO:3 PL:96-32
Utilities
Sewer type
Public Sewer
Heating system
Baseboard
Cooling system
Window Unit(s)
Amenities
washer/dryer hook ups
large parking lot
Building Details
Year built
1980
Number of units
8
Building materials
Brick Partial
Listing Agency:
FK and Associates Real Estate Firm
Listed By:
Freddy Karmatz · License #282367
(727) 804-6058
Added: Feb 15
Changed: Sep 14
Last Checked: Sep 25 at 9:06PM
MLS# 4345313
Copyright © 2026 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.
Investment Insights
Based on property information with market context.
This offering includes two quadplex buildings on separate parcels, totaling eight residential units across 0.57 acres. Seven of the eight units have been renovated. The properties were built in 1980 and feature partial brick construction, baseboard heating, window-unit cooling, public sewer service, and parking lots. Units are equipped with ovens and refrigerators, while washer and dryer hookups are available in all but one unit.
Electric service is separately metered throughout both properties, and the 1966 Lakeview Road building also has individual water meters. At 1962 Lakeview Road, the owner pays water; tenants pay water at 1966 Lakeview Road. The landlord pays garbage service. The property is located at 1962 and 1966 Lakeview Road in Asheboro, North Carolina.
Electric service is separately metered throughout both properties, and the 1966 Lakeview Road building also has individual water meters. At 1962 Lakeview Road, the owner pays water; tenants pay water at 1966 Lakeview Road. The landlord pays garbage service. The property is located at 1962 and 1966 Lakeview Road in Asheboro, North Carolina.
Key Highlights
- Two quadplexes on separate parcels
- Eight total units across 0.57 acres
- Seven of 8 units have been renovated
Property Analytics
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Current Use
Lease Details
8
Residential units
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
74
Businesses Nearby
Explore this area
Business Placement
Demographics for 27203, NC
21,869
Population
9,937
Households
2.2
Avg Household Size
37
Median Age
17%
College-Educated
81%
High-School Grad
22.5 sq mi
ZIP Area
972
Density / Sq Mi
$47,506
Median Household Income
$32,900
Median Earnings
$852
Median Rent
$141,100
Median Home Value
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Market
Vacancy Rate% for Multifamily in South region
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Frequently Asked Questions
What type of property is this?
Quadplex - Two separately parceled buildings provide individually metered utilities, substantial parking, and laundry connections in nearly every unit.
Where is this quadplex located?
The property is located at 1962 & 1966 Lakeview Road Asheboro, NC.
What is the asking price?
The asking price for this property is $800,000.
What are key features of this property?
This property features: Two quadplexes on separate parcels; Eight total units across 0.57 acres; Seven of 8 units have been renovated
