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    Kannapolis, NC Apartment Buildings for Sale

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    Concord, NC Landis, NC Davidson, NC
    Kannapolis Multifamily Investment Opportunity
    $1,375,000
    1.50 Acres

    Kannapolis Multifamily Investment Opportunity

    220 Basin Avenue, Kannapolis, NC 28083

    Portfolio of 8 units with guaranteed rents in Kannapolis.

    • High CAP Rate: Portfolio boasts over an 8% CAP rate, offering a strong return on investment.
    • Guaranteed Rental Income: Over 60% of rents are guaranteed, providing stable and reliable cash flow.
    • New Roofs: 4 out of 5 homes have new roofs installed in 2024, minimizing near‑term maintenance costs.
    • Rapidly Appreciating Market: Located in downtown Kannapolis, a market experiencing rapid appreciation and new development.
    • Recently Renovated Units: 3 units feature new kitchens with granite counters, enhancing tenant appeal.
    Updated: Apr 15
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    Kannapolis Townhome Community For Sale
    $3,720,000
    21,816 SF

    Kannapolis Townhome Community For Sale

    1422 Nottingham Rd, Kannapolis, NC 28081

    24-unit townhome community with income potential in Kannapolis, NC.

    • Recently completed ±$500,000 capital improvement program enhances curb appeal, operating efficiency, and durability.
    • Durable in‑place cash flow with opportunity for additional revenue through rent optimization and interior upgrades.
    • Located in Kannapolis, a growth market anchored by the North Carolina Research Campus, healthcare, and advanced manufacturing.
    • Convenient access to I‑85 and proximity to Downtown Kannapolis (2.5 miles) and Atrium Health Cabarrus (less than 5 miles).
    • Two‑story, 2BR/1.5BA townhome units with front and back porches in a quiet residential neighborhood.
    Updated: Jan 28
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    Based on your search, we've compiled 43 Potential Opportunities for your consideration. Besides 2 Active listings in Kannapolis, NC, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 33 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Commercial Portfolio in Salisbury, NC
    $979,000
    20,000 SF

    Commercial Portfolio in Salisbury, NC

    Four-parcel commercial portfolio with income-producing buildings and development potential.

    909 S Main Street, Salisbury, NC 28144
    View details
    Salisbury Commercial Portfolio: Income Potential
    $979,000
    20,000 SF

    Salisbury Commercial Portfolio: Income Potential

    Four-parcel commercial portfolio with income-producing buildings and development potential.

    909 S Main Street #102, Salisbury, NC 28144
    View details
    Multifamily Investment Property in Charlotte
    $2,750,000
    13,456 SF

    Multifamily Investment Property in Charlotte

    16-unit multifamily property with strong cash flow near Uptown.

    2607 Cedarhurst Dr, Charlotte, NC 28269
    View details
    Dynamic Urban Redevelopment Opportunity
    Contact for pricing

    Dynamic Urban Redevelopment Opportunity

    76-acre mixed-use development with office, retail, and multifamily spaces.

    Camp North End, Charlotte, NC 28206
    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Multifamily Development Opportunity in Charlotte
    $559,700
    0.47 Acres

    Multifamily Development Opportunity in Charlotte

    Prime 0.47-acre parcel zoned for multifamily development near UNC Charlotte.

    4312 Tantilla Circle, Charlotte, NC 28215
    View details
    Greenville Development Opportunity: 1.33 Acres
    $699,900
    1.33 Acres

    Greenville Development Opportunity: 1.33 Acres

    1.33 acre parcel suitable for multi-family development near downtown.

    71 Salters Road, Greenville, SC 29607
    View details
    Asheville Development Opportunity: 5.94 Acres
    $2,500,000
    5.94 Acres

    Asheville Development Opportunity: 5.94 Acres

    5.94-acre parcel zoned RM6, ideal for multi-family development.

    215 N Bear Creek Road, Asheville, NC 28806
    View details
    La Plata Land For Sale
    $250,000
    0.23 Acres

    La Plata Land For Sale

    0.23 acre parcel in La Plata, zoned CB.

    107 HOWARD Street, La Plata, MD 20646
    View details

    Off-Market Properties in Kannapolis, NC

    Consider similar Off-Market properties in Kannapolis, NC. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    600 Atlantic Ct
    GARDEN APT, COURT APT (5+ UNITS)
    5,027 SF Lot: 12.24 Acres
    Estimated value
    $1,140,000

    600 Atlantic Ct, Kannapolis, NC 28081-4796

    View details
    817 Main St
    GARDEN APT, COURT APT (5+ UNITS)
    3,825 SF Lot: 0.16 Acres
    Estimated value
    $1,165,000

    817 Main St, Kannapolis, NC 28081-4917

    View details
    821 Main St
    GARDEN APT, COURT APT (5+ UNITS)
    9,356 SF Lot: 0.03 Acres
    Estimated value
    $1,170,000

    821 Main St, Kannapolis, NC 28081-4900

    View details
    1300 Oakwood Ave
    GARDEN APT, COURT APT (5+ UNITS)
    4,014 SF Lot: 3.33 Acres
    Estimated value
    $805,000

    1300 Oakwood Ave, Kannapolis, NC 28081-5742

    View details
    5200 Rogers Lk Rd
    GARDEN APT, COURT APT (5+ UNITS)
    39,678 SF Lot: 25.80 Acres
    Estimated value
    $59,000,000

    5200 Rogers Lk Rd, Kannapolis, NC 28081-8461

    View details
    701 Rain Pl Ct
    GARDEN APT, COURT APT (5+ UNITS)
    9,760 SF Lot: 2.23 Acres
    Estimated value
    $4,950,000

    701 Rain Pl Ct, Kannapolis, NC 28081-4866

    View details
    200 Cabarrus Arms Dr
    GARDEN APT, COURT APT (5+ UNITS)
    10,056 SF Lot: 10.11 Acres
    Estimated value
    $11,100,000

    200 Cabarrus Arms Dr, Kannapolis, NC 28081-4843

    View details
    103 Rdg Ave
    GARDEN APT, COURT APT (5+ UNITS)
    8,618 SF Lot: 0.48 Acres
    Estimated value
    $1,895,000

    103 Rdg Ave, Kannapolis, NC 28083-4463

    View details
    107 G St
    GARDEN APT, COURT APT (5+ UNITS)
    7,168 SF Lot: 0.35 Acres
    Estimated value
    $1,805,000

    107 G St, Kannapolis, NC 28081-4712

    View details
    1499 Sherwood Dr
    GARDEN APT, COURT APT (5+ UNITS)
    6,138 SF Lot: 0.34 Acres
    Estimated value
    $1,850,000

    1499 Sherwood Dr, Kannapolis, NC 28081-5749

    View details
    1422 Nottingham Rd
    GARDEN APT, COURT APT (5+ UNITS)
    6,120 SF Lot: 1.88 Acres

    1422 Nottingham Rd, Kannapolis, NC 28081-5740

    View details
    205 G St
    GARDEN APT, COURT APT (5+ UNITS)
    9,344 SF Lot: 0.43 Acres
    Estimated value
    $1,930,000

    205 G St, Kannapolis, NC 28081-4714

    View details
    Ln St
    GARDEN APT, COURT APT (5+ UNITS)
    Lot: 18.11 Acres
    Value Estimation by Request

    Ln St, Kannapolis, NC 28083

    View details
    2802 Ln St
    GARDEN APT, COURT APT (5+ UNITS)
    Lot: 17.39 Acres
    Value Estimation by Request

    2802 Ln St, Kannapolis, NC 28083-9223

    View details
    2000 Ginnie Spgs Dr
    GARDEN APT, COURT APT (5+ UNITS)
    40,519 SF Lot: 20.12 Acres
    Value Estimation by Request

    2000 Ginnie Spgs Dr, Kannapolis, NC 28081

    View details
    300 Suffolk Dr
    GARDEN APT, COURT APT (5+ UNITS)
    4,942 SF Lot: 2.90 Acres
    Value Estimation by Request

    300 Suffolk Dr, Kannapolis, NC 28083-4936

    View details
    3200 Carolina Cv Trl
    GARDEN APT, COURT APT (5+ UNITS)
    42,409 SF Lot: 16.00 Acres
    Estimated value
    $55,215,000

    3200 Carolina Cv Trl, Kannapolis, NC 28083

    View details
    2101 University Dr
    GARDEN APT, COURT APT (5+ UNITS)
    Lot: 1.79 Acres
    Value Estimation by Request

    2101 University Dr, Kannapolis, NC 28083-7261

    View details
    1302 Mdw Ave
    GARDEN APT, COURT APT (5+ UNITS)
    8,410 SF Lot: 1.04 Acres
    Estimated value
    $1,265,000

    1302 Mdw Ave, Kannapolis, NC 28083-5135

    View details
    850 Mclain Hts Ct
    GARDEN APT, COURT APT (5+ UNITS)
    21,998 SF Lot: 1.70 Acres
    Estimated value
    $2,865,000

    850 Mclain Hts Ct, Kannapolis, NC 28083-5200

    View details
    101 Coopers Rdg Dr
    GARDEN APT, COURT APT (5+ UNITS)
    15,924 SF Lot: 16.90 Acres
    Estimated value
    $15,090,000

    101 Coopers Rdg Dr, Kannapolis, NC 28083-6956

    View details
    103 Briarcliff Dr
    GARDEN APT, COURT APT (5+ UNITS)
    6,039 SF Lot: 0.34 Acres
    Estimated value
    $975,000

    103 Briarcliff Dr, Kannapolis, NC 28081-7103

    View details

    Kannapolis, NC Apartment Buildings Investment Opportunities Market Analysis

    Explore 35 apartment buildings for sale in Kannapolis, NC on our real estate platform. These investment opportunities span a total of 21,816 square feet of properties for sale, with an estimated market value of $3,720,000.

    Sale prices for two-family homes in Kannapolis, NC start at $3,720,000, averaging $3,720,000, and reaching up to $3,720,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Property Size Breakdown

    The majority of commercial real estate listings in Kannapolis fall within the 100,000+ square foot range.

    Demographics Overview

    Population 232K
    Population Growth (5Y) +11.2%
    Median Household Income $84,128
    College Educated 40.8%

    High-Yield Neighborhoods for Investment

    Identify Kannapolis submarkets with the highest inventory density on the market and evaluate the median listing prices of real estate assets

    Neighborhood Average Price
    28083 $1.4M
    28081 $3.7M

    Taxes & Financing

    Tax Rate (average for all types) 1.11%
    Property Tax per SF $17.83 per sq ft
    Tax Rate vs County Average 0.10 pp above county avg
    Average Loan-to-Value 65.0%

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