For Sale $128,000
ARE YOU STILL RENTING? Maybe it's time to ask yourself WHY. You pay the rent every month. You pay the utilities. You furnish the apartment. You take care of the place. And when the year is over? You still don't own a thing. Maybe you've been telling yourself: “I can't afford to buy a house.” “Interest rates are too high.” “I'll buy when rates come down.” “I'll save some more money first.” We understand. But here's something worth thinking about... What if you don't need a $300,000 house to become a homeowner? What if your first home could simply be a good, honest little house that you can afford? Take a look at this. $128,000 2 BEDROOMS • 1 BATH • APPROX. 900 SQ. FT. A charming 1910 home with the character and feel that newer apartments simply can't duplicate. And right now, the seller is offering: $5,000 TOWARD YOUR CLOSING COSTS Yes, interest rates are around 7%. We're not pretending otherwise. But here's the question: If you're already paying $1,000+ every month for a two-bedroom apartment, shouldn't you at least find out what it would take to own your own home? For illustration, a 30-year mortgage at 7% on $123,000 is approximately $818 per month in principal and interest. Your actual payment will depend on your down payment, taxes, insurance, loan program and other costs. But unlike rent, part of your mortgage payment can go toward building equity in something you own. And someday? THE HOUSE IS YOURS. Not your landlord's. YOURS. You don't have to wait until interest rates are perfect. You don't have to buy your forever home. You don't have to start with something fancy. YOU JUST HAVE TO START. This little house could be your first step. Your first mortgage. Your first set of house keys. Your first piece of real estate. And perhaps, years from now, you'll look back and be glad you stopped renting and finally took the plunge. $128,000 2 BR • 1 BA • ~900 SQ. FT. • 1910 SELLER WILL PAY $5,000 TOWARD BUYER'S CLOSING COSTS. Don't decide you can't afford it before you find out. CALL. ASK. RUN THE NUMBERS. You may be closer to owning than you think.
Built-in Features
| List Price: | $128,000 |
| Status: | For Sale |
| Bedrooms: | 2 |
| Type: | Single Family Residence |
| Approx Sq. Ft.: | 898 sqft |
| Parking: | Detached Garage |
| MLS Number: | CAR4296716 |
| Subdivision: | none |
| Style: | Cottage |
| Bathrooms: | 1 |
| Lot Description: | Creek Front, Hilly |
| Year Built: | 1910 |
| Sewer Type: | Public Sewer |
| Elementary: | Central Albemarle |
| Middle: | Albemarle |
| High: | Albemarle |
| Date | Event | Price | $/SQFT |
| 08-24-2026 | Relisted | $128,000 | $143 |
| 08-14-2026 | Under Contract | $128,000 | $143 |
| 06-11-2026 | Relisted | $128,000-13.86% | $143 |
| 05-21-2026 | Under Contract | $148,600 | $166 |
| 04-27-2026 | Listed | $148,600 | $166 |
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.
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 |
| 306 Dunlap Street, Albemarle NC | 0 mi | $128,000 | days | |
| 1025 Martin Luther King Jr Drive, Albemarle NC | 0.1 mi | $110,000 | days | |
| 1033 Dr Martin Luther King Jr Drive, Albemarle NC | 0.1 mi | $259,900 | days | |
| 320 TE White Sr Drive, Albemarle NC | 0.1 mi | $114,900 | days | |
| 1050 Rush Street, Albemarle NC | 0.1 mi | $199,990 | days | |
| 401 Colston Street, Albemarle NC | 0.1 mi | $229,999 | 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 |
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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 |
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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.
A Courtesy Listing Provided By Century 21 Russ Hollins, Realtors
306 Dunlap Street, Albemarle NC is a 898 ft2 on a 0.253 acres lot. This is for $128,000. This has 2 bedrooms, 1 baths, and was built in 1910.
Based on information submitted to the MLS GRID as of 2026-04-27 11:05:07 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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