Sold for $1,035,000

$1,035,000

1240 Old Liberty Rd, Asheboro, NC 27203

--beds

--baths

--sqft

Multi Family

Built in 1983

-- sqft lot

$1,055,200 Zestimate^®

$--/sqft

$1,461 Estimated rent

Home value

$1,055,200

$897,000 - $1.23M

$1,461/mo

Zestimate^® history

Owner options

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$1,461/mo

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$1,461/mo

Rent Zestimate^®

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$6,105/mo

Est. payment

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$6,105/mo

Est. payment

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What's special

Turnkey 12-unit investment opportunity! The property consists of three remodeled quadplex buildings featuring 8 one-bedroom/one-bath units and 4 two-bedroom/one-bath units. Consistently occupied with strong rental demand, this asset offers immediate income potential. Roof and HVAC systems replaced in 2021. Each unit is equipped with washer and dryer connections. Gravel driveway provides easy parking, and minimal exterior maintenance or yard work keeps operating costs low - making this a smart addition to any portfolio! Don’t miss this cash-flowing opportunity!!

Facts & features

Interior

Heating

Heat Pump, Electric

Cooling

Central Air

Appliances

Included: Electric Water Heater
Laundry: Washer/Dryer Connection

Features

Has basement: No
Has fireplace: No

Property

Parking

Parking features: Gravel

Features

Pool features: None

Lot

Size: 0.94 Acres

Details

Parcel number: 7763811917
Zoning: RA6 (CZ)
Special conditions: Owner Sale

Construction

Type & style

Home type: MultiFamily
Property subtype: Multi Family

Condition

Year built: 1983

Utilities & green energy

Sewer: Public Sewer
Water: Public

Community & HOA

HOA

Has HOA: No

Location

Region: Asheboro

Financial & listing details

Tax assessed value: $421,790
Annual tax amount: $5,103
Date on market: 2/21/2026
Cumulative days on market: 21 days
Listing agreement: Exclusive Right To Sell
Listing terms: Cash,Conventional

Price history

Date	Event	Price
3/31/2026	Sold	$1,035,000-17.2%
Source: Triad MLS #1209935 Report a problem
3/14/2026	Pending sale	$1,250,000
Source: Triad MLS #1209935 Report a problem
2/22/2026	Listed for sale	$1,250,000
Source: Triad MLS #1209935 Report a problem