For Sale $175,000
Investor special in the heart of Albemarle. Situated on a large corner lot with 0.39 acres, this property offers potential for renovation, rental income, or possible future redevelopment opportunities (buyer to verify subdivision/zoning possibilities with the City of Albemarle). The home features over 1,100 square feet with 2 bedrooms, 1 bath, high ceilings, hardwood floors in some areas, a covered front porch, detached carport, and spacious backyard. Ideal opportunity for investors, flippers, or buyers looking for a project with upside potential. Conveniently located just 1/2 mile to downtown Albemarle including local shopping, restaurants, and local parks. Property is currently tenant occupied on a month-to-month basis. Please do not disturb. For interior photos, please reach out to co-list agent.
| List Price: | $175,000 |
| Status: | For Sale |
| Bedrooms: | 3 |
| Type: | Single Family Residence |
| Approx Sq. Ft.: | 1225 sqft |
| Parking: | Detached Carport, Driveway |
| MLS Number: | CAR4380717 |
| Subdivision: | None |
| Bathrooms: | 1 |
| Lot Description: | Corner Lot, Level |
| Year Built: | 1941 |
| Sewer Type: | Public Sewer |
| Elementary: | East Albemarle |
| Middle: | Albemarle |
| High: | Albemarle |
| Date | Event | Price | $/SQFT |
| 06-01-2026 | Listed | $175,000 | $143 |
| 08-30-2025 | Under Contract | $445,000-1.09% | $364 |
| 07-20-2025 | Listed | $449,900 | $368 |
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 | 2 miles | KG-05 | 4 |
| Endy Elementary School | 5 miles | KG-05 | 8 |
| Badin Elementary School | 6 miles | KG-05 | 6 |
| 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 |
| 603 4th Street, Albemarle NC | 0 mi | $175,000 | days | |
| 614 4th Street, Albemarle NC | 0 mi | $235,000 | days | |
| 226 Summit Avenue, Albemarle NC | 0 mi | $249,000 | days | |
| 208 3rd Street, Albemarle NC | 0.3 mi | $395,000 | days | |
| 114 5th Street, Albemarle NC | 0.4 mi | $160,000 | days | |
| 100 Boyette Drive, Albemarle NC | 0.4 mi | $264,999 | 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)
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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 Keller Williams Ballantyne Area
603 4th Street, Albemarle NC is a 1225 ft2 on a 0.390 acres lot. This is for $175,000. This has 3 bedrooms, 1 baths, and was built in 1941.
Based on information submitted to the MLS GRID as of 2026-06-01 10:16:52 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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