1955-1967 Lakeview Rd, Asheboro, NC, 27203
About This Home
Investment Opportunity – 16 Apartment Units Across 2 Separate Buildings 1 bed 1 bath units. Exceptional opportunity to add to your investment portfolio with 16 individual apartment units located across 2 separate buildings. Each unit is individually metered for electricity, allowing tenants to pay their own electric expenses and helping reduce owner operating costs. Water is currently owner-paid. Tax value reflects all buildings together. Square footage is for both buildings. Tax value is for the 2 buildings together. Insurance is for both buildings combined for 1 year. This multi-building property offers strong income potential, operational flexibility, and the advantage of diversified unit placement across separate structures. Ideal for investors seeking a value-add opportunity, long-term hold, or income-producing asset. Don’t miss this chance to own a multi-unit asset with strong investment appeal and future upside potential.
Getting Around
Car-Dependent
Very Limited Transit
Somewhat BikeableSchools
Construction
Condition
- Year built: 1980
Materials
- Construction materials: Brick,Wood Siding
Type & Style
- Home type: MultiFamily
- Architectural style: Two Story
- Property subType: Apartment,Multi Family
Interior
Appliances
- Appliances included: Electric Water Heater
- Laundry features: None
Features
- Flooring: Vinyl
Heating & Cooling
- Heating features: Baseboard,Electric
- Cooling features: Window Unit(s)
Property
Details
- Parcel number: 7762494397
- Zoning: RA6
- Special condition: Owner Sale
Features
- Pool features: None
Lot
- Lot size dimensions: irregular
Parking
- Parking features: Paved
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Winter Weather
- Cold Wave
- Ice Storm
- Lightning
- Strong Wind
- Tornado
How This Home’s Risks Compare
FEMA Declared Disasters in Randolph County and North Carolina
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $7,685 | $92,220 |
| Home Insurance * | $711 | $8,532 |
| Property Taxes | $848 | $10,176 |
| Electricity | $200 | $2,405 |
| Total | $9,444 | $113,328 |
Income You'd Need if You Spent...
North Carolina FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
No zestimate history available
Price History
| Date | Event | Price |
|---|---|---|
| 2026-05-26 | Listed for sale | $1,520,000 |
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