1025 Martin Luther King Jr Drive, Albemarle, NC 28001
None · Stanly County
Key Facts
Description
Updated investment opportunity in the heart of Albemarle. This 2-bedroom, 1-bath home offers a strong option for investors looking to add a primarily move-in-ready property to their portfolio or for buyers seeking an affordable home with recent improvements already completed. Recent updates include new vinyl plank flooring, an updated kitchen, renovated bathroom, fresh interior finishes, and an improved back deck overlooking the spacious and private backyard. The home also features a covered front porch, open living area, and functional kitchen/dining layout. Conveniently located 1/2 mile to Main Street in downtown Albemarle providing easy access to local shops, restaurants & parks. The manageable size and updated condition make this an attractive option for rental income, long-term hold potential, or affordable owner-occupant living.
Property Information
Property Type
Residential
Sub-Type
Single Family Residence
Year Built
1940
Living Area
750 sq ft
Zoning
R8
Days on Market
25
MLS® Listing#
4380740
Property Features
Appliances
Flooring
Basement
Parking
Laundry
Patio
Sewer
Water Source
Schools
- Elementary:
- Central
- Middle:
- Albemarle
- High:
- Albemarle
Financial Details
HOA
None
Assessed Value
$47,011
Parcel Number
6548-04-63-7929
Affordability Calculator
$23,600
Estimated monthly payment
$628/mo
Principal $94,400 · Est. interest $131,696 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Albemarle, NC
- $307,759
- Median Listing Price
- 64
- Median Days on Market
- 1,613
- Median Sq Ft
- $176
- Median Price / Sq Ft
- 155
- Active Listings
- This home’s price is 62% below the area median.
- Its price per sq ft is 11% below the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Albemarle, NC.
Location
Points of Interest in Albemarle, NC
Showing the Albemarle area map.
Nearby Schools
Central Elementary School
Elementary · 0.7 mi away
Stanly County Schools
Elementary · 0.7 mi away
East Albemarle Elementary School
Elementary · 1.0 mi away
Albemarle Middle School
Secondary · 1.0 mi away
Stanly County Schools
Elementary · 1.4 mi away
Park Ridge Christian School
School · 1.5 mi away
Little Red Schoolhouse
School · 1.5 mi away
North Albemarle
School · 1.7 mi away
Stanly Academy Learning Center
School · 1.7 mi away
Kendall Valley Elementary School
Elementary · 5.1 mi away
North Stanly Middle School
Secondary · 5.1 mi away
Badin Elementary School
Elementary · 5.4 mi away
North Stanly High School
Secondary · 5.6 mi away
Endy Elementary
Elementary · 6.1 mi away
Millingport Elementary School
Elementary · 6.7 mi away
Christ the King Christian Academy
School · 7.1 mi away
South Stanly Middle School
Secondary · 7.6 mi away
South Stanly High School
Secondary · 8.2 mi away
Tillery Christian Academy
School · 8.3 mi away
Aquadale Elementary
Elementary · 8.6 mi away
Commute Calculator
Nearby Homes
Similar Homes Nearby
Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 523 W Oakwood Avenue, Albemarle, NC | $110,000 | 2 | 1 | 1,022 |
| 306 Dunlap Street, Albemarle, NC | $128,000 | 2 | 1 | 898 |
| 1607 W Main Street, Albemarle, NC | $131,000 | 2 | 1 | 951 |
| 923 Efird Street 97, Albemarle, NC | $139,000 | 2 | 1 | 926 |
| 1003 Lundix Street, Albemarle, NC | $140,000 | 3 | 1 | 1,506 |
Moving Cost Estimate
EXIT Agents in Albemarle
Listing Courtesy: Keller Williams Ballantyne Area - listings@hprea.com
Last Updated: 2026-05-15
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