For Sale $351,500
Welcome to this charming brick home in downtown Albemarle, NC, located at 507 N 5th St! This 3 bedroom, 1.5 bath home offers a perfect blend of character, space, and convenience in a highly desirable location close to shops, dining, and local amenities. Inside, you’ll find a spacious layout featuring a second living room/den, ideal for entertaining, a home office, or flex space. The home also includes a butler’s pantry, providing extra storage and prep space—perfect for hosting and everyday living. The primary bedroom features a private sitting area, creating a relaxing retreat within your own home. Two additional bedrooms offer flexibility for family, guests, or workspace needs. Step outside to enjoy the detached garage, offering additional storage, workshop potential, or parking. With its classic brick exterior, functional layout, and prime downtown Albemarle location, this home is a must-see for buyers looking for charm and convenience.
| List Price: | $351,500 |
| Status: | For Sale |
| Bedrooms: | 3 |
| Type: | Single Family Residence |
| Approx Sq. Ft.: | 1500 sqft |
| Parking: | Driveway, Detached Garage |
| MLS Number: | CAR4370857 |
| Subdivision: | Highland Terrace |
| Bathrooms: | 1 |
| Year Built: | 1920 |
| Sewer Type: | Public Sewer |
| Elementary: | Unspecified |
| Middle: | Unspecified |
| High: | Unspecified |
| Date | Event | Price | $/SQFT |
| 05-08-2026 | Listed | $351,500 | $235 |
These schools are only nearby your property search, you must confirm exact assigned schools.
| School Name | Distance | Grades | Rating |
| Central Elementary School | 0 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 | 8 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 |
| 507 5th Street, Albemarle NC | 0 mi | $351,500 | days | |
| 436 Oakwood Avenue, Albemarle NC | 0.1 mi | $196,800 | days | |
| 455 Spring Street, Albemarle NC | 0.2 mi | $164,900 | days | |
| 219 Troy Alexander Drive, Albemarle NC | 0.4 mi | $225,000 | days | |
| 346 Depot Street, Albemarle NC | 0.4 mi | $208,000 | days | |
| 620 9th Street, Albemarle NC | 0.4 mi | $599,000 | 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 Magnolia Dream Real Estate
507 5th Street, Albemarle NC is a 1500 ft2 on a 0.250 acres Appraisal lot. This is for $351,500. This has 3 bedrooms, 1 baths, and was built in 1920.
Based on information submitted to the MLS GRID as of 2026-05-08 11:01:49 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.