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!
For sale
Price cut: $14K (7/27)
$786,000
1954 Lakeview Rd, Asheboro, NC 27203
--beds
--baths
--sqft
Apartment, Multi Family
Built in 1979
-- sqft lot
$767,400 Zestimate®
$--/sqft
$-- HOA
What's special
Standardized layouts
- 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#: 1215392
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
| Date | Event | Price |
|---|---|---|
| 7/27/2026 | Price change | $786,000-1.8% |
Source: | ||
| 5/6/2026 | Price change | $800,000-3% |
Source: | ||
| 4/9/2026 | Listed for sale | $825,000 |
Source: | ||
| 1/25/2022 | Listing removed | -- |
Source: Zillow Rental Manager Report a problem | ||
| 1/24/2022 | Listed for rent | $525 |
Source: Zillow Rental Manager Report a problem | ||
| 9/28/2021 | Listing removed | -- |
Source: Zillow Rental Manager Report a problem | ||
| 9/4/2021 | Listed for rent | $525+5% |
Source: Zillow Rental Manager Report a problem | ||
| 8/15/2021 | Listing removed | -- |
Source: Zillow Rental Manager Report a problem | ||
| 6/7/2021 | Listed for rent | $500 |
Source: Zillow Rental Manager Report a problem | ||
Public tax history
Tax history is unavailable.
Monthly payment
Est. payment







