Updated investment opportunity in the heart of Albemarle. This 2-bedroom, 1-bath home offers a strong option for investors looking to add a primarily move-in-ready property to their portfolio or for buyers seeking an affordable home with recent improvements already completed.
Recent updates include new vinyl plank flooring, an updated kitchen, renovated bathroom, fresh interior finishes, and an improved back deck overlooking the spacious and private backyard. The home also features a covered front porch, open living area, and functional kitchen/dining layout.
Conveniently located 1/2 mile to Main Street in downtown Albemarle providing easy access to local shops, restaurants & parks. The manageable size and updated condition make this an attractive option for rental income, long-term hold potential, or affordable owner-occupant living.
Active
Price cut: $8K (8/4)
$110,000
1025 Martin Luther King Jr Dr, Albemarle, NC 28001
2beds
750sqft
Single Family Residence
Built in 1940
0.16 Acres Lot
$-- Zestimate®
$147/sqft
$-- HOA
What's special
Fresh interior finishesRenovated bathroomCovered front porchNew vinyl plank flooringUpdated kitchen
- 93 days |
- 245 |
- 13 |
Zillow last checked:
Listing updated:
Listed by:
Thomas Elrod listings@hprea.com,
Keller Williams Ballantyne Area,
Brian Boger,
Keller Williams Ballantyne Area
Source: Canopy MLS as distributed by MLS GRID,MLS#: 4380740
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 1
- Full bathrooms: 1
- Main level bedrooms: 2
Bedroom s
- Level: Main
Bedroom s
- Level: Main
Bathroom full
- Level: Main
Kitchen
- Level: Main
Living room
- Level: Main
Heating
- Other
Cooling
- Other
Appliances
- Included: Electric Range, None
- Laundry: In Kitchen, Main Level
Features
- Flooring: Vinyl
- Has basement: No
Interior area
- Total structure area: 750
- Total interior livable area: 750 sqft
- Finished area above ground: 750
- Finished area below ground: 0
Video & virtual tour
Property
Parking
- Parking features: Driveway
- Has uncovered spaces: Yes
Features
- Levels: One
- Stories: 1
- Patio & porch: Covered, Deck, Front Porch
Lot
- Size: 0.16 Acres
Details
- Parcel number: 654804637929
- Zoning: R8
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Foundation: Crawl Space
Condition
- New construction: No
- Year built: 1940
Utilities & green energy
- Sewer: Public Sewer
- Water: City
Community & HOA
Community
- Subdivision: None
Location
- Region: Albemarle
Financial & listing details
- Price per square foot: $147/sqft
- Tax assessed value: $47,011
- Date on market: 5/15/2026
- Cumulative days on market: 409 days
- Listing terms: Cash,Conventional
- Road surface type: Concrete, Dirt, Paved
Estimated market value
Not available
Estimated sales range
Not available
$1,023/mo
Price history
| Date | Event | Price |
|---|---|---|
| 8/4/2026 | Price change | $110,000-6.8%$147/sqft |
Source:  Canopy MLS as distributed by MLS GRID #4380740 Report a problem | ||
| 6/9/2026 | Price change | $118,000-5.6%$157/sqft |
Source: Canopy MLS as distributed by MLS GRID #4380740 Report a problem | ||
| 5/15/2026 | Listed for sale | $125,000$167/sqft |
Source: Canopy MLS as distributed by MLS GRID #4380740 Report a problem | ||
| 4/16/2026 | Listing removed | $125,000$167/sqft |
Source: Canopy MLS as distributed by MLS GRID #4251604 Report a problem | ||
| 12/3/2025 | Price change | $125,000-7.4%$167/sqft |
Source: Canopy MLS as distributed by MLS GRID #4251604 Report a problem | ||
| 10/31/2025 | Pending sale | $135,000$180/sqft |
Source: Canopy MLS as distributed by MLS GRID #4251604 Report a problem | ||
| 4/28/2025 | Listed for sale | $135,000$180/sqft |
Source: Canopy MLS as distributed by MLS GRID #4251604 Report a problem | ||
Public tax history
Tax history is unavailable.
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: 28001
Nearby schools
GreatSchools rating
- 6/10Central Elementary SchoolGrades: K-5Distance: 0.7 mi
- 3/10Albemarle Middle SchoolGrades: 6-8Distance: 1 mi
- 3/10Albemarle High SchoolGrades: 9-12Distance: 1.7 mi
Schools provided by the listing agent
- Elementary: Central
- Middle: Albemarle
- High: Albemarle
Source: Canopy MLS as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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- $259,9003 bd2 ba1.2k sqft1033 Dr Martin Luther King Jr Dr, Albemarle, NC 28001New Construction
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- $132,900-- bd-- ba-- sqftDunlap St, Albemarle, NC 28001Off Market
A local agent can set up tours, give advice and negotiate with sellers.
A local lender can help you make sure your offer is ready when you are.
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