Closed

$90,000

327 Arey Ave #4-5, Albemarle, NC 28001

4beds

1,576sqft

Duplex

Built in 1950

-- sqft lot

$89,600 Zestimate^®

$57/sqft

$1,222 Estimated rent

Home value

$89,600

$73,000 - $110,000

$1,222/mo

Zestimate^® history

Owner options

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$1,222/mo

Rent Zestimate^®

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$1,222/mo

Rent Zestimate^®

Refinance and save

$419/mo

Est. payment

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$419/mo

Est. payment

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What's special

Property located on high-visibility corner lot location. Can continue to be used for multi-family living, or rehabbed to buyer's preferences. Property will need some work. Also perfect opportunity to build new structure(s) on lot, be it a new duplex, single-family home, or possibly apartments. Great opportunity for development in residential neighborhood where there have already been new SFH infill projects built and/or in progress in the area.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 4
Bathrooms: 2
Full bathrooms: 2

Heating

Natural Gas, Wall Furnace

Cooling

Window Unit(s)

Appliances

Included: Electric Range, Refrigerator
Laundry: None

Features

Flooring: Laminate
Has basement: No

Interior area

Total structure area: 1,576
Total interior livable area: 1,576 sqft
Finished area above ground: 1,576
Finished area below ground: 0

Property

Parking

Total spaces: 4
Parking features: Parking Space(s)
Uncovered spaces: 4

Lot

Size: 0.19 Acres
Dimensions: 74 x 120
Features: Corner Lot

Details

Parcel number: 654804739420
Zoning: R-8
Special conditions: Standard

Construction

Type & style

Home type: MultiFamily
Property subtype: Duplex

Materials

Wood
Foundation: Crawl Space
Roof: Fiberglass

Condition

New construction: No
Year built: 1950

Utilities & green energy

Sewer: Public Sewer
Water: City
Utilities for property: Electricity Connected

Community & HOA

Community

Security: Smoke Detector(s)
Subdivision: Harlem Heights

Location

Region: Albemarle

Financial & listing details

Price per square foot: $57/sqft
Tax assessed value: $21,942
Date on market: 3/22/2025
Cumulative days on market: 16 days
Listing terms: Cash,Conventional
Tenant pays: All Utilities, None
Electric utility on property: Yes
Road surface type: Gravel, Paved

Price history

Date	Event	Price
4/30/2025	Sold	$90,000-21.7%$57/sqft
Source: Canopy MLS as distributed by MLS GRID #4233767 Report a problem
4/7/2025	Pending sale	$115,000$73/sqft
Source: Canopy MLS as distributed by MLS GRID #4233767 Report a problem
4/2/2025	Price change	$115,000-8%$73/sqft
Source: Canopy MLS as distributed by MLS GRID #4233767 Report a problem
3/22/2025	Listed for sale	$125,000$79/sqft
Source: Canopy MLS as distributed by MLS GRID #4233767 Report a problem