1235 Freeman Avenue, Albemarle NC

  • 3 Bed
  • 2 Bath
  • 717 ft2
  • 0.4 ac

For Sale $160,000

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Remarks:

Attention Investors! Don't miss this unique opportunity to own a cash-flowing duplex with built-in upside. Originally constructed in 1910, this charming property was thoughtfully converted into two separate units, each featuring its own private entrance and dedicated driveway, providing added convenience and privacy for tenants. Whether you're looking to expand your rental portfolio or begin investing in income-producing real estate, this property offers excellent potential. A recent appraisal valued the property at $208,000, presenting an attractive opportunity for immediate equity. Conveniently located just minutes from historic downtown Albemarle, shopping, dining, and everyday amenities.

General Information:

List Price: $160,000
Status: For Sale
Bedrooms: 3
Type: Single Family Residence
Approx Sq. Ft.: 717 sqft
Parking: Driveway
MLS Number: CAR4414915
Subdivision: NONE
Bathrooms: 2
Year Built: 1910
Sewer Type: Public Sewer

Assigned Schools:

Elementary: Unspecified
Middle: Unspecified
High: Unspecified

Price & Sales History

Date Event Price $/SQFT
08-14-2026 Listed $160,000 $224
11-22-2025 Under Contract $284,999 $398
11-06-2025 Listed $284,999 $398

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 7 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
1235 Freeman Avenue, Albemarle NC 0 mi $160,000 days
1300 Montgomery Avenue, Albemarle NC 0.1 mi $260,000 days
1214 Pee Dee Avenue, Albemarle NC 0.1 mi $144,900 days
414 Peachtree Street, Albemarle NC 0.2 mi $259,000 days
410 Peachtree Street, Albemarle NC 0.2 mi $245,000 days
1132 Main Street, Albemarle NC 0.2 mi $249,900 days
1 to 6 of 76 Result

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

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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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    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.

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    Property Listing Information

    A Courtesy Listing Provided By Fulcrum Realty LLC

    1235 Freeman Avenue, Albemarle NC is a 717 ft2 on a 0.421 acres Appraisal lot. This is for $160,000. This has 3 bedrooms, 2 baths, and was built in 1910.

    Based on information submitted to the MLS GRID as of 2026-08-14 19:50:31 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. Click here for more information

    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.