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Four-Building Multifamily Property

2014 E Main St, Albemarle, NC 28001

For Sale
$285,000

Residential Income, Albemarle, NC

Property Size1,364 SF
Lot Size0.70 Acres
Price / SF$208.94
Days on Market32

Property Features for 2014 E Main St

General Information

Property type Residential Multi Family
Property subtype Other
Zoning description Residential
Bedrooms 2
Bathrooms 1
Full bathrooms 1
Rooms Bedroom 2, Bathroom 1, Bedroom 1
High school district 000000
Directions From downtown Albemarle, travel east on E Main Street (NC Hwy 24/27). Continue to 2014 E Main Street. Property will be on your route.
Standard status Active
APN 655803427812
Size 1,364 SF
Lot size 0.70 Acres

Additional Details

Tenant in Place Yes

Building Details

Year built 1957
Building materials Brick
Roof type Asphalt
Buildings 4
Listing Agency: PORT CITY AUCTIONS & ESTATE SERVICES LLC
Listed By: Allison Wise · License NC #344412
Added: Oct 10 Changed: Oct 23 Last Checked: Nov 10 at 5:06PM
MLS# 12021537

Copyright © 2026 My State MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Rey
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Investment Insights

Based on property information with market context.

Four separate buildings occupy this 0.7-acre property. The brick residence contains 1,364 square feet, with two bedrooms and one bathroom. A second building is configured as three studio apartments; the remaining structures are a single-wide manufactured home and a maintenance building or detached garage. The residence was built in 1957.

The property fronts Highway 24/27 in Albemarle. Existing structures connect to city water and sewer, and one unit has a month-to-month tenant. Utility tap fees may apply if the use changes. The site is offered in its current condition.

Key Highlights

  • Four buildings on 0.7 acres
  • 1,364‑square‑foot brick residence with 2 bedrooms and 1 bathroom
  • Separate building divided into three studio apartments

Property Analytics

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Lease Details

5
Residential units
Yes
Highway access
Yes
Paved road access
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

267
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
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Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025

Frequently Asked Questions

What type of property is this?
Multifamily property - The site includes a brick residence, three studio apartments, a manufactured home, and a separate maintenance or garage building.
Where is this multifamily property located?
The property is located at 2014 E Main St Albemarle, NC.
What is the asking price?
The asking price for this property is $285,000.
What are key features of this property?
This property features: Four buildings on 0.7 acres; 1,364‑square‑foot brick residence with 2 bedrooms and 1 bathroom; Separate building divided into three studio apartments
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