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1963 1971 1977 Lakeview Road, 
Asheboro, NC 27203

$1,900,000


—

Bed


—

Bath


11,100

Sq Ft


Multi-Family

Active

Listed by

Angela Hoke

RE/MAX Executive

Last updated:

October 12, 2026, 01:25 PM

MLS#

4387198

Source:

CH

About This Home

1963 1971 1977 Lakeview Road

Investment Opportunity – 20 Apartment Units Across 3 Separate Buildings 1 bed 1 bath units. Exceptional opportunity to add to your investment portfolio with 20 individual apartment units located across three 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 all 3 buildings. Tax value is for all 3 buildings together. Insurance is for all 3 building 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. All buildings have new roofs. Acreage is for all 3 properties combined. 1963 Lakeview was built in 1980 and is .42 acre, 1971 Lakeview was built in 1981 and is .3 acre, 1977 Lakeview was built in 1980 and is .43 acre.

Home Facts

Multi-Family

Built in 1981

Subdivision & Development:

None

Price Summary

1,900,000

$171 per Sq. Ft.

MLS #:

4387198

Last Updated:

October 12, 2026, 01:25 PM


Rooms & Interior

Interior

Living Area:

11,100 Sq. Ft.


Structure

Structure

Building Area:

11,100 Sq. Ft.

Year Built:

1981


Lot

Lot Size (Sq. Ft):

50,093


Finances & Disclosures

Finances

Price:

$1,900,000

Price per Sq. Ft:

$171 per Sq. Ft.

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Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.