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    Asheboro, NC
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    Asheboro, NC Residential Income Properties for Sale

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    Franklinville, NC Randleman, NC Lexington, NC Ramseur, NC Bailey, NC Sophia, NC Seagrove, NC Liberty, NC
    Three-Building Apartment Property
    Updated: May 28
    Three-Building Apartment Property

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

    $1,900,000
    11,100 sqft
    20 one‑bedroom, one‑bath apartment units across 3 separate buildings
    Combined 11,100 square feet across all 3 buildings
    Each unit is individually metered for electricity
    Water is currently owner‑paid
    All buildings have new roofs
    View details

    This listing looks promising.

    Here's a quick look at some key insights for

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

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    • Est. Cap Rate

      4.7%
      NOI ÷ price

    • Est. NOI

      $89K
      Annual

    • Price @ 7% Cap

      $1.27M
      Suggested

    • Last Sold

      Aug 2022
      $1.65M

    • Property Type

      Apartments (Generic)
      Built 1980
    View Property Analytics
    Prime Commercial Redevelopment Opportunity
    Updated: Sep 26, 2025
    Prime Commercial Redevelopment Opportunity

    1823 E Salisbury Street, Asheboro, NC 27203

    $899,000
    2,032 sqft 2.29 AC lot
    Prime commercial redevelopment opportunity in booming east Asheboro.
    Excellent visibility on East Dixie Drive with high traffic counts (19,544 and 16,323 AADT).
    Located in the heart of the city's auto dealership corridor.
    Strong potential for retail, office, mixed‑use, or high‑density residential development.
    Supported by the City's Land Use Plan and Planning Department for annexation and rezoning.
    View details
    Two Quadplexes on Separate Parcels
    Two Quadplexes on Separate Parcels

    1962 & 1966 Lakeview Road, Asheboro, NC 27203

    $750,000
    0.57 AC lot

    Two quadplexes on separate parcels with large parking lots, public sewer, and separate electric meters across units.

    View details
    Based on your search, we've compiled 80 Potential Opportunities for your consideration. Besides 3 Active listings in Asheboro, NC, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 69 Off-Market properties to explore as potential leads, plus 4 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.

    New Construction Quadplex
    New Construction Quadplex

    105 E Highfill Avenue, Liberty, NC 27298

    $1,100,000
    6,237 sqft 0.71 AC lot

    Four-unit quadplex built in 2025 with zoning B-2, public water and sewer, and separate meters.

    View details
    Quadplex with One-Bedroom Units
    Quadplex with One-Bedroom Units

    106 College Street, Thomasville, NC 27360

    $299,900
    2,624 sqft 0.17 AC lot

    Residential units include wood flooring and on-site parking.

    View details
    LAND - Thomasville, NC
    LAND - Thomasville, NC

    8015 E US Highway 64, Thomasville, NC 27360

    $795,000
    44.63 AC lot

    Residential land & home lots · 44.63 Acres

    View details
    Land Near Toyota Megasite
    Land Near Toyota Megasite

    Calhoun Dr, Liberty, NC 27298

    Contact for pricing

    Land available across from the Toyota Megasite in Liberty, NC.

    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.

    Commercial Lot in Depot District
    Commercial Lot in Depot District

    130 Church Street, Lexington, NC 27292

    $49,900

    Commercial lot with multiple development opportunities in downtown Lexington.

    View details
    Wooded Land Parcel Auction Opportunity
    Wooded Land Parcel Auction Opportunity

    Us 64 Highway, Asheboro, NC 27205

    Contact for pricing
    4.60 AC lot

    4.6 acre wooded parcel near US Highway 64, Asheboro, NC.

    View details
    Expansive Land in Asheboro, NC
    Expansive Land in Asheboro, NC

    2272 Doul Mountain Road, Asheboro, NC 27205

    $1,000,000
    79.36 AC lot

    Large 80+/- acre property with development potential in Asheboro, NC.

    View details
    4.7 Acres in Staley, NC
    4.7 Acres in Staley, NC

    Willard Road, Staley, NC 27355

    $100,000
    4.70 AC lot

    4.7 acre lot with road frontage in rural setting.

    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
    605 Central Ave
    APARTMENT HOUSE (5+ UNITS)

    605 Central Ave, Asheboro, NC 27203-3497

    $2,095,000
    Estimated value
    9,440 sqft 3.62 AC lot
    View details

    Asheboro, NC Residential Income Properties Market Trends and Statistics

    Explore 72 residential income properties for sale in Asheboro, NC, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 13,132 square feet of properties for sale, with an estimated market value of $3,549,000.

    Sale prices for residential income properties in Asheboro, NC start at $750,000, averaging $1,183,000, 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.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Multifamily properties 2
    Apartment buildings 1
    Quadplexes 1
    Single family properties 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)

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