1025 Martin Luther King Jr Drive, Albemarle NC
- 2 Bed
- 1 Bath
- 750 ft2
- 0.2 ac
For Sale $125,000
Remarks:
Updated investment opportunity in the heart of Albemarle. This 2-bedroom, 1-bath home offers a strong option for investors looking to add a primarily move-in-ready property to their portfolio or for buyers seeking an affordable home with recent improvements already completed. Recent updates include new vinyl plank flooring, an updated kitchen, renovated bathroom, fresh interior finishes, and an improved back deck overlooking the spacious and private backyard. The home also features a covered front porch, open living area, and functional kitchen/dining layout. Conveniently located 1/2 mile to Main Street in downtown Albemarle providing easy access to local shops, restaurants & parks. The manageable size and updated condition make this an attractive option for rental income, long-term hold potential, or affordable owner-occupant living.
General Information:
| List Price: | $125,000 |
| Status: | For Sale |
| Bedrooms: | 2 |
| Type: | Single Family Residence |
| Approx Sq. Ft.: | 750 sqft |
| Parking: | Driveway |
| MLS Number: | CAR4380740 |
| Subdivision: | None |
| Bathrooms: | 1 |
| Year Built: | 1940 |
| Sewer Type: | Public Sewer |
Assigned Schools:
| Elementary: | Central |
| Middle: | Albemarle |
| High: | Albemarle |
Lane Yates
704-232-7238
Broker In Charge
Price & Sales History
| Date | Event | Price | $/SQFT |
| 04-12-2026 | Listed | $125,000 | $167 |
| 03-08-2026 | Listed | $419,000 | $559 |
Nearby Schools
These schools are only nearby your property search, you must confirm exact assigned schools.
| School Name | Distance | Grades | Rating |
| Central Elementary School | 1 miles | KG-05 | 2 |
| East Albemarle Elementary School | 1 miles | KG-05 | 4 |
| Badin Elementary School | 5 miles | KG-05 | 6 |
| Endy Elementary School | 6 miles | KG-05 | 8 |
| Richfield Elementary School | 9 miles | KG-05 | 5 |
| Norwood Elementary School | 10 miles | KG-05 | 2 |
Source is provided by local and state governments and municipalities and is subject to change without notice, and is not guaranteed to be up to date or accurate.
Properties For Sale Nearby
Mileage is an estimation calculated from the property results address of your search. Driving time will vary from location to location.
| Street Address | Distance | Status | List Price | Days on Market |
| 1025 Martin Luther King Jr Drive, Albemarle NC | 0 mi | $125,000 | days | |
| 306 Dunlap Street, Albemarle NC | 0.1 mi | $148,600 | days | |
| 1050 Rush Street, Albemarle NC | 0.1 mi | $215,000 | days | |
| 401 Colston Street, Albemarle NC | 0.1 mi | $234,999 | days | |
| 320 TE White Sr Drive, Albemarle NC | 0.2 mi | $114,900 | days | |
| 142 Morrow Avenue, Albemarle NC | 0.2 mi | $250,000 | days |
Sold Properties Nearby
Mileage is an estimation calculated from the property results address of your search. Driving time will vary from location to location.
| Street Address | Distance | Property Type | Sold Price | Property Details |
Commute Distance & Time
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| Down Payment Amount | $990,000 |
| Mortgage Amount | $3,960,000 |
| Monthly Payment (Principal & Interest Only) | $19,480 |
* Expand Calculator (incl. monthly expenses)
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| Total Monthly Payment | $20,941 |
Demographic Data For Zip 28001
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Transportation to Work |
Source is provided by local and state governments and municipalities and is subject to change without notice, and is not guaranteed to be up to date or accurate.
Property Listing Information
A Courtesy Listing Provided By Keller Williams Ballantyne Area
1025 Martin Luther King Jr Drive, Albemarle NC is a 750 ft2 on a 0.160 acres Appraisal lot. This is for $125,000. This has 2 bedrooms, 1 baths, and was built in 1940.
Based on information submitted to the MLS GRID as of 2026-04-12 09:31:53 EST. All data is
obtained from various sources and may not have been verified by broker or MLS GRID. Supplied
Open House Information is subject to change without notice. All information should be independently
reviewed and verified for accuracy. Properties may or may not be listed by the office/agent
presenting the information. Some IDX listings have been excluded from this website.
Properties displayed may be listed or sold by various participants in the MLS.
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Neither Yates Realty nor any listing broker shall be responsible for any typographical errors, misinformation, or misprints, and they shall be held totally harmless from any damages arising from reliance upon this data. This data is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties they may be interested in purchasing.
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