Advertise
    Asheboro, NC
    Multifamily

    Asheboro, NC Multifamily Properties for Sale

    Notify Me
    List
    Map
    Randleman, NC Franklinville, NC Lexington, NC Ramseur, NC Sophia, NC Seagrove, NC Archdale, NC High Point, NC
    Renovated Quadplex Property
    Updated: Aug 13
    Renovated Quadplex Property

    1962 & 1966 Lakeview Rd, Asheboro, NC 27203

    $800,000
    6,560 sqft
    Two quadplexes on separate parcels at 1962 and 1966 Lakeview Rd
    8 units totaling 6,560 square feet
    7 of 8 units renovated
    Separate electric meters for every unit
    1966 Lakeview includes separate water meters
    View details

    This listing looks promising.

    Here's a quick look at some key insights for

    1962 & 1966 Lakeview Rd, Asheboro, NC 27203

    View Property Analytics

    • Est. Cap Rate

      7.3%
      Above avg (5.9%)

    • Est. NOI

      $59K
      Annual

    • Mortgage

      $144K
      Mar 2022

    • Last Sold

      Mar 2022
      $180K

    • Property Type

      Quadplex
      Built 1980
    View Property Analytics
    Two Quadplexes on Separate Parcels
    Updated: Feb 15
    Two Quadplexes on Separate Parcels

    1962 & 1966 Lakeview Road, Asheboro, NC 27203

    $800,000
    0.57 AC lot
    Two quadplexes on separate parcels with large parking lots
    Seven of eight units have been renovated
    Washer/dryer hookups in all units except one
    Separate electric meters; 1966 parcel also has separate water meters
    962 Lakeview owner pays water; 1966 Lakeview tenants pay water; landlord pays garbage
    View details
    Three-Building Apartment Property
    Three-Building Apartment Property

    1963, 1971, 1977 Lakeview Road, Asheboro, NC 27203

    $1,900,000
    11,100 sqft

    One-bedroom apartments feature individually metered electricity, with water paid by the owner.

    View details
    20-Unit Renovated Apartment Portfolio
    20-Unit Renovated Apartment Portfolio

    830 Sunset Ave., Asheboro, NC 27203

    Contact for pricing

    Three-building multifamily offering with renovated interiors and professional local management.

    View details
    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 77 Potential Opportunities for your consideration. Besides 4 Active listings in Asheboro, NC, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 68 Off-Market properties to explore as potential leads, plus 1 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Occupied Two-Unit Duplex
    Occupied Two-Unit Duplex

    809 Arthur Avenue, High Point, NC 27263

    $175,000
    0.45 AC lot

    Both residences are leased to long-term tenants, providing an established rental arrangement.

    View details
    Triplex with One-Bedroom Units
    Triplex with One-Bedroom Units

    305 Lake Dr, Archdale, NC 27263

    $199,000

    Three residential units provide individual living areas, kitchens, bathrooms, and washer and dryer hookups.

    View details
    Two-Unit Duplex with Appliances
    Two-Unit Duplex with Appliances

    304 Lake Dr, Archdale, NC 27263

    $150,000

    Both units include kitchen appliances, window air conditioning, and electric baseboard heat.

    View details
    Two-Story Duplex with Balconies
    Two-Story Duplex with Balconies

    4021-4023 Knollwood Dr, High Point, NC 27263

    $299,000

    Both residences are occupied and feature private laundry rooms, combined kitchen-dining areas, and upstairs bedrooms.

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Residential Land Near Toyota Site
    Residential Land Near Toyota Site

    4691 Calhoun Dr, Liberty NC, Liberty, NC 27298

    Contact for pricing
    0.79 AC lot

    0.79-acre residential land near Toyota Mega Site in Liberty, NC.

    View details

    Off-Market Properties in Asheboro, NC

    Consider similar Off-Market properties in Asheboro, NC. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    1404 Fayetteville St
    MOBILE HOME PARK, TRAILER PARK

    1404 Fayetteville St, Asheboro, NC 27203-3964

    $535,000
    Estimated value
    9.80 AC lot
    View details
    1943 Cedar Rd
    MOBILE HOME PARK, TRAILER PARK

    1943 Cedar Rd, Asheboro, NC 27203-3474

    $225,000
    Estimated value
    1.56 AC lot
    View details
    4671 Waynick Mdw Rd
    MOBILE HOME PARK, TRAILER PARK

    4671 Waynick Mdw Rd, Asheboro, NC 27205-2152

    $225,000
    Estimated value
    7.37 AC lot
    View details
    1176 Rising Vw Way
    MOBILE HOME PARK, TRAILER PARK

    1176 Rising Vw Way, Asheboro, NC 27205-1489

    $460,000
    Estimated value
    10.21 AC lot
    View details
    1954 Lakeview Rd
    APARTMENT HOUSE (UNDER 5 UNITS)

    1954 Lakeview Rd, Asheboro, NC 27203-3480

    $465,000
    Estimated value
    2,362 sqft 0.48 AC lot
    View details
    Pilot Mtn Rd
    MOBILE HOME PARK, TRAILER PARK

    Pilot Mtn Rd, Asheboro, NC 27203

    $550,000
    Estimated value
    1.42 AC lot
    View details
    2738 Pilot Mtn Rd
    MOBILE HOME PARK, TRAILER PARK

    2738 Pilot Mtn Rd, Asheboro, NC 27205-8798

    $550,000
    Estimated value
    5.80 AC lot
    View details
    Pilot Mtn Rd
    MOBILE HOME PARK, TRAILER PARK

    Pilot Mtn Rd, Asheboro, NC 27205

    $550,000
    Estimated value
    1.75 AC lot
    View details
    1198 Thoroughbred Rd
    MOBILE HOME PARK, TRAILER PARK

    1198 Thoroughbred Rd, Asheboro, NC 27205-9120

    $140,000
    Estimated value
    3.20 AC lot
    View details
    1198 Thoroughbred Rd
    MOBILE HOME PARK, TRAILER PARK

    1198 Thoroughbred Rd, Asheboro, NC 27205-9120

    $210,000
    Estimated value
    0.34 AC lot
    View details
    1166 Thoroughbred Rd
    MOBILE HOME PARK, TRAILER PARK

    1166 Thoroughbred Rd, Asheboro, NC 27205-1751

    $215,000
    Estimated value
    1.14 AC lot
    View details
    156 Rocky Knl Rd
    MOBILE HOME PARK, TRAILER PARK

    156 Rocky Knl Rd, Asheboro, NC 27205-8488

    $210,000
    Estimated value
    1,851 sqft 6.23 AC lot
    View details
    3210 Staleys Farm Rd
    MOBILE HOME PARK, TRAILER PARK

    3210 Staleys Farm Rd, Asheboro, NC 27205-8791

    $185,000
    Estimated value
    23.60 AC lot
    View details
    830 Sunset Ave
    APARTMENT HOUSE (5+ UNITS)

    830 Sunset Ave, Asheboro, NC 27203-5491

    $915,000
    Estimated value
    5,264 sqft 0.42 AC lot
    View details
    450 Mtn Top Dr
    APARTMENT HOUSE (5+ UNITS)

    450 Mtn Top Dr, Asheboro, NC 27203-5063

    $5,600,000
    Estimated value
    88,172 sqft 8.22 AC lot
    View details
    2159 Fayetteville St
    APARTMENT HOUSE (5+ UNITS)

    2159 Fayetteville St, Asheboro, NC 27203-3477

    $10,280,000
    Estimated value
    6,336 sqft 13.69 AC lot
    View details
    252 Elm St
    APARTMENT HOUSE (5+ UNITS)

    252 Elm St, Asheboro, NC 27203-5788

    $790,000
    Estimated value
    5,700 sqft 0.44 AC lot
    View details
    1296 Thoroughbred Rd
    MOBILE HOME PARK, TRAILER PARK

    1296 Thoroughbred Rd, Asheboro, NC 27205

    $125,000
    Estimated value
    4.02 AC lot
    View details
    120 Mccrary St
    APARTMENT HOUSE (5+ UNITS)

    120 Mccrary St, Asheboro, NC 27203-5214

    $650,000
    Estimated value
    1,548 sqft 0.52 AC lot
    View details
    647 Presnell St
    APARTMENT HOUSE (5+ UNITS)

    647 Presnell St, Asheboro, NC 27203-4496

    $565,000
    Estimated value
    6,560 sqft 1.48 AC lot
    View details

    Asheboro, NC Multifamily Properties Market Trends and Statistics

    Explore 72 multifamily properties for sale in Asheboro, NC, showcased through 4 active listings on our real estate platform. These investment opportunities span a total of 17,660 square feet of properties for sale, with an estimated market value of $3,500,000.

    Sale prices for multifamily properties in Asheboro, NC start at $800,000, averaging $1,166,666, and reaching up to $1,900,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

    List
    Map

    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Apartment buildings 2
    Quadplexes 2
    Duplexes 1

    Demographics Overview

    Population 59K
    Population Growth (5Y) +4.7%
    Median Household Income $57,394
    College Educated 16.0%

    High-Yield Neighborhoods for Investment

    Identify Asheboro submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    27203 $1.3M

    Taxes & Financing

    Tax Rate (average for all types) 1.23%
    Property Tax per SF $24.21 per SF
    Tax Rate vs County Average 0.04 pp above county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Randolph County

    New Delisted

    Total CRE Inventory on Market (SF)

    Need Help?

    Reach out if you need assistance with Realmo tools or have questions about your listings

    Contact Us

    Popular Searches in Asheboro, NC

    Popular Categories

    Most Searched ZIP Codes in Asheboro, NC

    • 27203

    Select Neighborhood

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!