Quadplex

Asheboro, NC Quadplexes for Sale

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Randleman, NC Lexington, NC Franklinville, NC
Asheboro Multifamily Investment Opportunity
Updated: Feb 15
Asheboro Multifamily Investment Opportunity

1962 & 1966 Lakeview Road, Asheboro, NC 27203

$750,000
0.57 AC lot
Two quadplexes on separate parcels offer significant investment potential.
Opportunity for owner‑occupancy to live in one unit and rent out the remaining units to offset mortgage costs.
Seven out of eight units have been renovated, reducing immediate renovation expenses.
Separate electric meters for all units; one quadplex also has separate water meters for each unit, simplifying utility management.
Large parking lots available at both properties.
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Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 Active listings in Asheboro, NC, we suggest exploring several alternatives: 4 properties in Nearby Cities

Opportunities in Nearby Cities

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

Four-Unit Residential Income Property
Four-Unit Residential Income Property

105 N Franklin Street, Reidsville, NC 27320

$184,900
0.23 AC lot

Four-unit property with flexible unit mix, on-site parking options, and a layout that can be reconfigured.

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Burlington Quadruplex with Redevelopment Potential
Burlington Quadruplex with Redevelopment Potential

616 N Mebane Street, Burlington, NC 27217

$259,900
3,286 sqft · 0.31 AC lot

Quadruplex in Burlington, NC, with redevelopment potential and easy access.

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Boarding House Income Property
Boarding House Income Property

511 Cameron Street, Burlington, NC 27215

$199,000
2,255 sqft · 0.19 AC lot

Boarding house-style residence with five bedrooms and two bathrooms, including permanent stairs to additional space.

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Reidsville Quadplex with Rental History
Reidsville Quadplex with Rental History

510 Piedmont Street, Reidsville, NC 27320

$254,900
3,184 sqft · 0.36 AC lot

Quadplex in Reidsville with strong rental history and recent upgrades.

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Asheboro, NC Quadplexes Market Trends and Statistics

Explore 1 quadplexes for sale in Asheboro, NC on our real estate platform. These investment opportunities span a total of 0 square feet of properties for sale, with an estimated market value of $750,000.

Sale prices for four-unit buildings in Asheboro, NC start at $750,000, averaging $750,000, and reaching up to $750,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Duplexes 1
Quadplexes 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 $750K

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)

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