1224 Bailey Street, Albemarle NC
- 2 Bed
- 1 Bath
- 921 ft2
- 0.2 ac
For Sale $99,000
Remarks:
Investor and flipper opportunity in Albemarle. This 2-bedroom, 1-bath home is essentially a shell and will require a full renovation making it ideal for experienced investors looking for their next project. The property offers approximately 921 square feet on a level lot with an existing layout that includes a spacious living area, spacious closets, kitchen overlooking the private backyard, and covered rear stoop. Much of the demo and prep work has already been started, including newer drywall and doors, but the home still needs work throughout. Located just 1/2 mile from Main Street in downtown Albemarle providing easy access to local shops, restaurants and parks.
General Information:
| List Price: | $99,000 |
| Status: | For Sale |
| Bedrooms: | 2 |
| Type: | Single Family Residence |
| Approx Sq. Ft.: | 921 sqft |
| Parking: | Driveway |
| MLS Number: | CAR4380736 |
| Subdivision: | None |
| Style: | Traditional |
| Bathrooms: | 1 |
| Lot Description: | Level |
| Year Built: | 1956 |
| 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 |
| 06-07-2026 | Under Contract | $99,000-17.50% | $108 |
| 04-15-2026 | Listed | $120,000 | $131 |
| 03-11-2026 | Listed | $325,000 | $353 |
Nearby Schools
These schools are only nearby your property search, you must confirm exact assigned schools.
| School Name | Distance | Grades | Rating |
| East Albemarle Elementary School | 1 miles | KG-05 | 4 |
| Central Elementary School | 1 miles | KG-05 | 2 |
| 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 | 9 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 |
| 1224 Bailey Street, Albemarle NC | 0 mi | $99,000 | days | |
| 307 Arey Avenue, Albemarle NC | 0.1 mi | $169,000 | days | |
| 1224 Beale Street, Albemarle NC | 0.1 mi | $159,900 | days | |
| 1121 Lundix Street, Albemarle NC | 0.2 mi | $140,000 | days | |
| 1050 Rush Street, Albemarle NC | 0.2 mi | $215,000 | days | |
| 401 Colston Street, Albemarle NC | 0.2 mi | $234,999 | 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)
| Property Taxes |
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| H.O.A. / Maintenance |
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| Property Insurance |
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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
1224 Bailey Street, Albemarle NC is a 921 ft2 on a 0.210 acres Level lot. This is for $99,000. This has 2 bedrooms, 1 baths, and was built in 1956.
Based on information submitted to the MLS GRID as of 2026-04-15 10:11:56 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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