Attention Investors! Don't miss this unique opportunity to own a cash-flowing duplex with built-in upside. Originally constructed in 1910, this charming property was thoughtfully converted into two separate units, each featuring its own private entrance and dedicated driveway, providing added convenience and privacy for tenants. Whether you're looking to expand your rental portfolio or begin investing in income-producing real estate, this property offers excellent potential. A recent appraisal valued the property at $208,000, presenting an attractive opportunity for immediate equity. Conveniently located just minutes from historic downtown Albemarle, shopping, dining, and everyday amenities.
Active
$160,000
1235 Freeman Ave, Albemarle, NC 28001
3beds
1,367sqft
Single Family Residence
Built in 1910
0.42 Acres Lot
$155,400 Zestimate®
$117/sqft
$-- HOA
What's special
Private entranceDedicated driveway
- 13 days |
- 410 |
- 29 |
Likely to sell faster than
Zillow last checked:
Listing updated:
Listed by:
Josh Bragg josh@fulcrum-realty.com,
Fulcrum Realty LLC
Source: Canopy MLS as distributed by MLS GRID,MLS#: 4414915
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
- Main level bedrooms: 2
Primary bedroom
- Features: None
- Level: Main
- Area: 95 Square Feet
- Dimensions: 10' 0" X 9' 6"
Heating
- Heat Pump
Cooling
- Heat Pump
Appliances
- Included: Electric Range, Refrigerator
- Laundry: In Unit
Features
- Total Primary Heated Living Area: 717
- Flooring: Wood
- Has basement: No
Interior area
- Total structure area: 717
- Total interior livable area: 1,367 sqft
- Finished area above ground: 717
- Finished area below ground: 0
Property
Parking
- Parking features: Driveway
- Has uncovered spaces: Yes
Features
- Levels: One
- Stories: 1
Lot
- Size: 0.42 Acres
Living quarters
- Secondary living space: 650 sqft
Details
- Parcel number: 654802856665
- Zoning: R-10
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Wood
- Foundation: Crawl Space
Condition
- New construction: No
- Year built: 1910
Utilities & green energy
- Sewer: Public Sewer
- Water: City
Community & HOA
Community
- Subdivision: NONE
Location
- Region: Albemarle
Financial & listing details
- Price per square foot: $117/sqft
- Tax assessed value: $111,786
- Annual tax amount: $1,252
- Date on market: 8/14/2026
- Cumulative days on market: 13 days
- Listing terms: Cash
- Road surface type: Gravel, Paved
Estimated market value
$155,400
$148,000 - $163,000
$1,279/mo
Price history
| Date | Event | Price |
|---|---|---|
| 8/14/2026 | Listed for sale | $160,000+52.4%$117/sqft |
Source:  Canopy MLS as distributed by MLS GRID #4414915 Report a problem | ||
| 5/13/2021 | Sold | $105,000-12.5%$77/sqft |
Source: Canopy MLS as distributed by MLS GRID #3709124 Report a problem | ||
| 4/7/2021 | Pending sale | $120,000$88/sqft |
Source: Canopy MLS as distributed by MLS GRID #3709124 Report a problem | ||
| 3/15/2021 | Listing removed | -- |
Source: Canopy MLS as distributed by MLS GRID #3709124 Report a problem | ||
| 2/16/2021 | Listed for sale | $120,000-63.1%$88/sqft |
Source: Canopy MLS as distributed by MLS GRID #3709124 Report a problem | ||
| 2/12/2021 | Listing removed | -- |
Source: Canopy MLS as distributed by MLS GRID #3702318 Report a problem | ||
| 1/26/2021 | Listed for sale | $325,000+282.4%$238/sqft |
Source: Canopy MLS as distributed by MLS GRID #3702318 Report a problem | ||
| 10/1/2019 | Sold | $85,000+84.8%$62/sqft |
Source: Public Record Report a problem | ||
| 11/1/2017 | Sold | $46,000-21.4%$34/sqft |
Source: Canopy MLS as distributed by MLS GRID #3270984 Report a problem | ||
| 9/26/2017 | Pending sale | $58,500$43/sqft |
Source: Country Home Real Estate #3270984 Report a problem | ||
| 7/24/2017 | Listed for sale | $58,500$43/sqft |
Source: Country Home Real Estate #3270984 Report a problem | ||
| 6/28/2017 | Pending sale | $58,500$43/sqft |
Source: Country Home Real Estate #3270984 Report a problem | ||
| 4/24/2017 | Price change | $58,500-2.4%$43/sqft |
Source: Country Home Real Estate #3270984 Report a problem | ||
| 11/29/2016 | Price change | $59,950-6.3%$44/sqft |
Source: CENTURY 21 Russ Hollins Realtors #3041572 Report a problem | ||
| 8/5/2016 | Price change | $64,000-7.2%$47/sqft |
Source: CENTURY 21 Russ Hollins Realtors #3041572 Report a problem | ||
| 10/1/2015 | Listed for sale | $69,000$50/sqft |
Source: CENTURY 21 Russ Hollins Realtors #3041572 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,252 +24.7% | $111,786 +35.9% |
| 2024 | $1,004 | $82,277 |
| 2023 | $1,004 | $82,277 |
| 2022 | $1,004 | $82,277 |
| 2021 | $1,004 +66.3% | $82,277 +78.5% |
| 2020 | $604 | $46,085 |
| 2019 | $604 -21.1% | $46,085 -21.1% |
| 2018 | $765 +4% | $58,393 |
| 2017 | $736 +3.9% | $58,393 +4.9% |
| 2016 | $708 | $55,656 |
| 2015 | $708 | $55,656 |
| 2014 | $708 | $55,656 |
| 2013 | -- | $55,656 -1.2% |
| 2012 | -- | $56,336 |
| 2011 | -- | $56,336 |
| 2010 | -- | $56,336 -2% |
| 2009 | -- | $57,495 |
| 2008 | -- | $57,495 |
| 2007 | -- | $57,495 |
| 2006 | -- | $57,495 |
| 2005 | -- | $57,495 |
| 2004 | -- | $57,495 +5.9% |
| 2003 | -- | $54,288 |
| 2002 | -- | $54,288 |
Find assessor info on the county website
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
- 2/10East Albemarle Elementary SchoolGrades: K-5Distance: 0.6 mi
- 3/10Albemarle Middle SchoolGrades: 6-8Distance: 0.6 mi
- 3/10Albemarle High SchoolGrades: 9-12Distance: 1.5 mi
- $--1 bd1 ba840 sqft1235 Freeman Ave APT B, Albemarle, NC 28001Off Market
- $151,5004 bd2 ba1.4k sqft1218/1220 Freeman Ave, Albemarle, NC 28001Off Market
- $42,0003 bd1 ba990 sqft1214 Freeman Ave, Albemarle, NC 28001Sold
- $141,4002 bd1 ba972 sqft1221 Freeman Ave, Albemarle, NC 28001Off Market
- $108,3002 bd1 ba900 sqft1210 Freeman Ave, Albemarle, NC 28001Off Market
- $194,6004 bd2 ba1.6k sqft1209 Freeman Ave, Albemarle, NC 28001Off Market
- $105,2002 bd1 ba1k sqft1233 Freeman Ave, Albemarle, NC 28001Off Market
- $161,1003 bd2 ba1.5k sqft304 Ridge 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.
Similar homes
- $170,0003 bd1 ba942 sqft527 Washington Ln, Albemarle, NC 28001For Sale
MLS ID #4412418, Lisa Lyerly, Lake Norman Realty, Inc.. Canopy MLS as distributed by MLS GRID - $189,0003 bd1 ba1.5k sqft1105 E Main St, Albemarle, NC 28001For Sale
MLS ID #4287193, Lou Whitley, Larry McGuire Realty. Canopy MLS as distributed by MLS GRID - $164,0003 bd1 ba1.2k sqft603 S 4th St, Albemarle, NC 28001For Sale
MLS ID #4380717, Thomas Elrod, Keller Williams Ballantyne Area. Canopy MLS as distributed by MLS GRID - $150,0002 bd1 ba1.1k sqft503 Aquadale Rd, Albemarle, NC 28001For Sale
MLS ID #4411709, Garry West, Four Seasons Realty Albemarle. Canopy MLS as distributed by MLS GRID - $--2 bd2 ba1.6k sqft710 Love St, Albemarle, NC 28001AuctionAuction.com 1
- $160,0002 bd1 ba908 sqft419 Jackson St, Albemarle, NC 28001For SaleMLS ID #4408886, Jennifer Hoyle, Real Broker, LLC. Canopy MLS as distributed by MLS GRID
- $199,9994 bd1 ba1.5k sqft1320 Lowder St, Albemarle, NC 28001For SaleMLS ID #4374524, Beverly Tysinger, Larry McGuire Realty. Canopy MLS as distributed by MLS GRID
- $215,0003 bd1 ba1.2k sqft449 Spring St, Albemarle, NC 28001For SaleMLS ID #4408158, Gregory Speight, Larry McGuire Realty. Canopy MLS as distributed by MLS GRID
- $179,5003 bd1 ba1.2k sqft904 Mill St, Albemarle, NC 28001For SaleMLS ID #4386071, Amanda Cody, HOMETOWN REALTY PROS LLC. Canopy MLS as distributed by MLS GRID
- $224,9003 bd2 ba1k sqft1341 E Cannon Ave, Albemarle, NC 28001For SaleMLS ID #4405005, Grant Holsinger, EXP Realty LLC Ballantyne. Canopy MLS as distributed by MLS GRID
- $199,9003 bd3 ba1.5k sqft1910 Midwood Dr, Albemarle, NC 28001For SaleMLS ID #4317761, Kelley Lowder, The Castle & Co. Canopy MLS as distributed by MLS GRID
- $120,0003 bd1 ba1k sqft660 Colston St, Albemarle, NC 28001For SaleMLS ID #4413514, Onika Jennings, Keller Williams Unlimited. Canopy MLS as distributed by MLS GRID
- $222,5003 bd2 ba1.4k sqft812 Mill St, Albemarle, NC 28001For SaleMLS ID #4400622, Patty Edwards, Patty Edwards Realty. Canopy MLS as distributed by MLS GRID
- $120,0003 bd1 ba1.5k sqft1003 Lundix St, Albemarle, NC 28001For SaleMLS ID #4296762, Demetia (Dee) Thompson, Larry McGuire Realty. Canopy MLS as distributed by MLS GRID
- $204,9003 bd2 ba1.1k sqft615 Arlington Ave, Albemarle, NC 28001For SaleMLS ID #4341299, Larry McGuire, Larry McGuire Realty. Canopy MLS as distributed by MLS GRID
- $128,0002 bd1 ba898 sqft306 Dunlap St, Albemarle, NC 28001For SaleMLS ID #4296716, Russ Hollins, Century 21 Russ Hollins, Realtors. Canopy MLS as distributed by MLS GRID
- $229,0002 bd1 ba1.1k sqft705 Parker St, Albemarle, NC 28001For SaleMLS ID #4405548, Peter Zambuto, EXP Realty LLC. Canopy MLS as distributed by MLS GRID
- $199,9903 bd2 ba1.1k sqft1050 Rush St, Albemarle, NC 28001For SaleMLS ID #4277361, Mwenda Randall, Costello Real Estate and Investments LLC. Canopy MLS as distributed by MLS GRID
- $209,0003 bd2 ba1k sqft748 Efird St, Albemarle, NC 28001For SaleMLS ID #4392274, Naomi Brown-Rasmussen, Housewell.Com Realty of North Carolina LLC. Canopy MLS as distributed by MLS GRID
- $220,8003 bd3 ba1.5k sqft2119 Morgan Hills Dr, Albemarle, NC 28001For SaleHubzu
