503 Coggins Avenue, Albemarle NC
- 9 Bed
- 0.9 ac
For Sale $545,000
Remarks:
Turnkey investment opportunity in the heart of Albemarle! This prime multi-property portfolio features four fully occupied units generating a reliable, robust annual income of $55,800. With low operating overhead and strong historical performance, this portfolio offers immediate cash flow and strong upside potential for savvy investors or portfolio builders. Positioned in a high-demand rental pocket, tenants enjoy unmatched convenience to historic downtown Albemarle's local dining and shops, nearby parks, local wineries, and quick weekend access to Badin Lake and Lake Tillery. Complete rental history and detailed income/expense reports are available upon request—step right into a streamlined, income-producing asset without missing a beat!
General Information:
| List Price: | $545,000 |
| Status: | For Sale |
| Bedrooms: | 9 |
| Type: | Portfolio |
| Parking: | Driveway |
| MLS Number: | CAR4417579 |
| Subdivision: | None |
| Year Built: | 1978 |
| Sewer Type: | Public Sewer |
Assigned Schools:
| Elementary: | Unspecified |
| Middle: | Unspecified |
| High: | Unspecified |
Lane Yates
704-232-7238
Broker In Charge
Price & Sales History
| Date | Event | Price | $/SQFT |
| 09-21-2026 | Listed | $545,000 | N/A |
| 12-17-2025 | Under Contract | $319,900 | N/A |
| 12-13-2025 | Listed | $319,900 | N/A |
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 |
| 503 Coggins Avenue, Albemarle NC | 0 mi | $545,000 | days | |
| 1224 Bailey Street, Albemarle NC | 0.1 mi | $99,000 | days | |
| 307 Arey Avenue, Albemarle NC | 0.1 mi | $169,000 | days | |
| 307 Leonard Avenue, Albemarle NC | 0.1 mi | $174,900 | days | |
| 1224 Beale Street, Albemarle NC | 0.1 mi | $159,900 | days | |
| 1121 Lundix Street, Albemarle NC | 0.2 mi | $140,000 | 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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| 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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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 EXP Realty LLC Ballantyne
503 Coggins Avenue, Albemarle NC is a ft2 on a 0.850 acres Appraisal lot. This is for $545,000. This has 9 bedrooms, baths, and was built in 1978.
Based on information submitted to the MLS GRID as of 2026-09-21 16:10:45 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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