For Sale $105,000
INVESTOR ALERT! This charming, original-condition property at 1622 W Park Ave in Albemarle, NC, is a true investor's dream, offering boundless potential for a profitable flip or a long-term rental hold. Built in 1938, this 2-bedroom, 1-bathroom house sits on a generous 0.17-acre lot and is ready for a complete transformation. The interior offers a compact, efficient layout of 864 square feet, serving as a perfect blank canvas for modern updates. A highly desirable feature is the detached 2-car garage, which presents an excellent opportunity for renovation to significantly boost the property's appeal and value. Bring your vision and capitalize on this outstanding rehab opportunity in Albemarle. Property conveys "as-is."
| List Price: | $105,000 |
| Status: | For Sale |
| Bedrooms: | 2 |
| Type: | Single Family Residence |
| Approx Sq. Ft.: | 864 sqft |
| Parking: | Detached Garage |
| MLS Number: | CAR4392237 |
| Subdivision: | None |
| Bathrooms: | 1 |
| Year Built: | 1938 |
| Sewer Type: | Public Sewer |
| Elementary: | Central |
| Middle: | Albemarle |
| High: | Albemarle |
| Date | Event | Price | $/SQFT |
| 09-03-2025 | Listed | $699,900 | $811 |
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 | 3 miles | KG-05 | 4 |
| Endy Elementary School | 5 miles | KG-05 | 8 |
| Badin Elementary School | 7 miles | KG-05 | 6 |
| Richfield Elementary School | 9 miles | KG-05 | 5 |
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.
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 |
| 1622 Park Avenue, Albemarle NC | 0 mi | $105,000 | days | |
| 1803 Main Street, Albemarle NC | 0.1 mi | $205,000 | days | |
| 415 Jackson Street, Albemarle NC | 0.1 mi | $254,900 | days | |
| 1508 Old Charlotte Road, Albemarle NC | 0.1 mi | $324,000 | days | |
| 1631 Maple Avenue, Albemarle NC | 0.1 mi | $244,500 | days | |
| 615 Arlington Avenue, Albemarle NC | 0.2 mi | $209,000 | days |
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 |
Powered by Google Maps
| Down Payment Amount | $990,000 |
| Mortgage Amount | $3,960,000 |
| Monthly Payment (Principal & Interest Only) | $19,480 |
* Expand Calculator (incl. monthly expenses)
| Property Taxes |
$
|
| H.O.A. / Maintenance |
$
|
| Property Insurance |
$
|
| Total Monthly Payment | $20,941 |
|
Occupancy Types |
|
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.
A Courtesy Listing Provided By Keller Williams Ballantyne Area
1622 Park Avenue, Albemarle NC is a 864 ft2 on a 0.170 acres Appraisal lot. This is for $105,000. This has 2 bedrooms, 1 baths, and was built in 1938.
Based on information submitted to the MLS GRID as of 2026-07-05 09:50:20 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.