Two residences. One property. Multiple possibilities. Welcome to 218 Wilson Street, a charming bungalow-style duplex offering two separate living spaces under one roof. Whether you're looking to add a multifamily property to your portfolio or want the flexibility of occupying one unit while leasing the other, this property offers a versatile opportunity in Albemarle. Each unit features its own living area, kitchen, bedroom and full bath, along with separate HVAC systems, separate utility meters and laundry hookups. Unit A has been updated with new cabinetry and granite countertops in both the kitchen and bathroom, providing a fresh, polished feel while complementing the home's character. With 1,600 square feet of total heated living area, this 1915 bungalow combines classic charm with practical updates and the flexibility of two distinct living spaces. Outside, the covered front porch adds to the home's bungalow character, while the backyard provides additional outdoor space. A detached two-car carport, driveway parking and electric-gated rear access add convenience, and a storage shed provides additional space for equipment and belongings. Location adds even more appeal, with downtown Albemarle, local shops, restaurants and breweries nearby, along with Atrium Health Stanly and Pfeiffer University's Center for Health Sciences. City water and sewer, central heating and air, vinyl exterior siding and architectural shingles complete the package. One address. Two units. A property with options. Come see what 218 Wilson Street has to offer.
Turnkey investment opportunity in the heart of Albemarle! This prime multi-property portfolio features four fully occupied units generating a reliable, robust annual income of $55,800. With low operating overhead and strong historical performance, this portfolio offers immediate cash flow and strong upside potential for savvy investors or portfolio builders. Positioned in a high-demand rental pocket, tenants enjoy unmatched convenience to historic downtown Albemarle's local dining and shops, nearby parks, local wineries, and quick weekend access to Badin Lake and Lake Tillery. Complete rental history and detailed income/expense reports are available upon request—step right into a streamlined, income-producing asset without missing a beat!
Excellent opportunity in the Central Business District of Albemarle! This property is located in the same block as the Pfeiffer University For Health Sciences building. The building is currently used for commercial use but was formerly used as a 5 bedroom, 3 bath home. It can easily be converted back to residential. Also, there is over 800 square feet of unfinished basement space with a separate entrance. It could be converted to a 2 bedroom apartment for students or utilized as additional commercial space for professionals desiring to work downtown. On the property is another building that was formerly used as an upholstery operation. It is 1200 square feet. The main building has been recently remodeled.
Rare chance to acquire a portfolio of three duplexes (six total units) located in the growing city of Albemarle, North Carolina. All units are currently renting at $1,350 per door, providing reliable, predictable income from day one. 3 total buildings / 6 total units — sold as a package. Albemarle is a fast-developing regional hub within commuting range of Charlotte, yet still offers residents the small-town comfort investors love: expanding job market, affordable cost of living, quality schools, and proximity to lakes, parks, and outdoor recreation (Morrow Mountain, Badin Lake, Uwharrie National Forest). The city has been steadily attracting both residents and small business investment — the exact formula that supports long-term rent growth. This is the ideal play for investors seeking cash flow in a growth corridor without the volatility and pricing wars of the major metros. Duplexes are among the most resilient asset classes in residential real estate — easy to lease, easy to manage, and hard to overbuild.
Andrea Conner, License #298336, Xome Inc., License #C24582, [email protected], 844-400-9663, 750 State Highway 121 Bypass, Suite 100, Lewisville, TX 75067
Data is obtained from various sources, including the Internet Data Exchange program of Canopy MLS, Inc. and the MLS Grid and may not have been verified. Brokers make an effort to deliver accurate information, but buyers should independently verify any information on which they will rely in a transaction. All properties are subject to prior sale, change or withdrawal. The listing broker, Canopy MLS Inc., MLS Grid, and Xome Inc. shall not be responsible for any typographical errors, misinformation, or misprints, and they shall be held totally harmless from any damages arising from reliance upon this data. Data provided is exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties they may be interested in purchasing. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information and may be listed or sold by various participants in the MLS. Copyright 2026 Canopy MLS, Inc. All rights reserved. The Digital Millennium Copyright Act of 1998, 17 U.S.C. § 512 (the “DMCA”) provides recourse for copyright owners who believe that material appearing on the Internet infringes their rights under U.S. copyright law. If you believe in good faith that any content or material made available in connection with this website or services infringes your copyright, you (or your agent) may send a notice requesting that the content or material be removed, or access to it blocked. Notices must be sent in writing by email to [email protected].
Albemarle is located in North Carolina. Albemarle, North Carolina has a population of 16,318. Albemarle is less family-centric than the surrounding county with 19.2% of the households containing married families with children. The county average for households married with children is 27.26%.
The median household income in Albemarle, North Carolina is $43,231. The median household income for the surrounding county is $56,462 compared to the national median of $69,021. The median age of people living in Albemarle is 39.6 years.
The average high temperature in July is 89.7 degrees, with an average low temperature in January of 29.3 degrees. The average rainfall is approximately 47 inches per year, with 2.9 inches of snow per year.
