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Updated Duplex with Separate Utilities
For Sale
$275,000

218 Wilson Street A&b, Albemarle, NC 28001

Two residential units offer separate HVAC, utility metering, and laundry hookups for streamlined occupancy management.

Property Size1,600 SF
Price / SF$171.88
Days on Market19

Property Features for 218 Wilson Street A&b

General Information

Standard status Active
Size 1,600 SF
Property subtype Multi-Family

Additional Details

Multifamily Units 2

Amenities

laundry hookups
covered front porch
backyard
secure rear parking
electric gate

Building Details

Year Built 1915
Buildings 1
Listing Agency: Central Piedmont Properties
Listed By: Lisa White · License #133196
Source: Lewisandkirk
Added: Aug 13 Changed: Aug 30 Last Checked: Aug 30 at 8:25PM

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 Central Piedmont Properties

Investment Insights

Based on property information with market context.

This 1,600-square-foot duplex, built in 1915, contains two residential units with updated bathrooms, individual HVAC systems, separate utility meters, and laundry hookups. A covered front porch and backyard provide additional shared outdoor areas, while rear parking is enclosed by an electric gate.

The property is located in Albemarle near shopping, restaurants, Atrium Health Stanly, downtown Albemarle, and Pfeiffer University's Albemarle campus. Its two-unit configuration supports both owner occupancy with a separate rental unit and use as a two-unit residential income property.

Key Highlights

  • 1,600‑square‑foot duplex built in 1915
  • Two units with updated bathrooms and separate HVAC systems
  • Individual utility meters and laundry hookups for each unit

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Electrical Service (Bike/Boat/Book/etc) Store Garden Center Cafe & Coffee Shop Locksmith Carpet & Flooring 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

2
Residential units

Location Intelligence

Trade Area within ½ mile

814
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

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 - Two residential units offer separate HVAC, utility metering, and laundry hookups for streamlined occupancy management.
Where is this duplex located?
The property is located at 218 Wilson Street A&b Albemarle, NC.
What is the asking price?
The asking price for this property is $275,000.
What are key features of this property?
This property features: 1,600‑square‑foot duplex built in 1915; Two units with updated bathrooms and separate HVAC systems; Individual utility meters and laundry hookups for each unit
More about this property
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