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For sale
  • Price cut: $14K (7/27)
    $786,000

    1954 Lakeview Rd, Asheboro, NC 27203

    --beds
    --baths
    --sqft
    : 
    $4,708/mo
    Get pre-qualified
    Apartment, Multi Family
    Built in 1979
    -- sqft lot
    $767,400 Zestimate®
    $--/sqft
    $-- HOA

    What's special

    Standardized layouts
    Expand your portfolio w/ this stabilized, income-producing asset at 1954 Lakeview Rd. This impressive 10-unit complex is fully occupied & consists of uniform 1-bedroom, 1-bathroom units, providing a streamlined management experience & consistent demand. Property currently generates monthly rental income of $7,739, resulting in substantial gross annual income of $92,868. W/ 100% occupancy & a mix of established & new leases, property offers immediate, reliable cash flow from day one. The standardized layouts allow efficient turnovers and simplified maintenance, ideal for investor seeking a turnkey multi-family addition. Financial details, including a full Profit & Loss statement & current lease ledger, are available in the attached documents for your review. To ensure a professional transaction & respect privacy, proof of funds or mortgage pre-approval is required prior to scheduling any walkthroughs. Don't miss out on this high-performing residential complex!
    155 days
    141
    12

    Zillow last checked:

    Listing updated:

    Listed by:

    Hannah Hunt 336-302-2775,

    Howard Hanna Allen Tate-Asheboro

    Source: Triad MLS,MLS#: 1215392MLS Logo

      Facts & features

      Interior

      Heating
      • Baseboard, Electric
      Cooling
      • Window Unit(s)
      Appliances
      • Included: Electric Water Heater
      Features
      • Has basement: No
      • Has fireplace: No

      Property

      Parking
      • Parking features: Paved
      Features
      • Pool features: None
      Lot
      • Size: 0.48 Acres
      Details
      • Parcel number: 7762493027
      • Zoning: RA6
      • Special conditions: Owner Sale

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Apartment, Multi Family
      Condition
      • Year built: 1979

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public

      Community & HOA

      HOA
      • Has HOA: No
      Location
      • Region: Asheboro

      Financial & listing details

      • Tax assessed value: $180,530
      • Annual tax amount: $2,393
      • Date on market: 4/9/2026
      • Cumulative days on market: 148 days
      • Listing agreement: Exclusive Right To Sell

        Estimated market value

        $767,400

        $729,000 - $806,000

        $1,270/mo

        Price history

        DateEventPrice
        7/27/2026Price change$786,000-1.8%
        Source: Triad MLS #1215392 Report a problem
        5/6/2026Price change$800,000-3%
        Source: Triad MLS #1215392 Report a problem
        4/9/2026Listed for sale$825,000
        Source: Triad MLS #1215392 Report a problem
        1/25/2022Listing removed--
        Source: Zillow Rental Manager Report a problem
        1/24/2022Listed for rent$525
        Source: Zillow Rental Manager Report a problem
        9/28/2021Listing removed--
        Source: Zillow Rental Manager Report a problem
        9/4/2021Listed for rent$525+5%
        Source: Zillow Rental Manager Report a problem
        8/15/2021Listing removed--
        Source: Zillow Rental Manager Report a problem
        6/7/2021Listed for rent$500
        Source: Zillow Rental Manager 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.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 27203

        Getting around

        7 / 100
        Car-Dependent
        17 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

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