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    Kannapolis, NC Apartment Buildings for Sale

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    Salisbury, NC Concord, NC Landis, NC Davidson, NC Mooresville, NC China Grove, NC Huntersville, NC Charlotte, NC
    Kannapolis Townhome Community For Sale
    Updated: Jan 28
    Kannapolis Townhome Community For Sale

    1422 Nottingham Rd, Kannapolis, NC 28081

    $3,625,000
    21,816 sqft 2.22 AC lot
    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.
    View details
    40-Unit Apartment Community
    Updated: Apr 12
    40-Unit Apartment Community

    701 Rain Pl Ct, Kannapolis, NC 28081

    Contact for pricing
    40‑unit Class B apartment community built in 2001
    All units are 2‑bedroom, 1‑bath apartments (40 total)
    20–25 units have been renovated
    Vinyl siding, roof, and gutters replaced within the last few years
    Average in‑place rent is about $970/month; market rent comps are $1,100–$1,300/month
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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 39 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

    Opportunities in Nearby Cities

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

    Newly Built Apartment Building
    Newly Built Apartment Building

    14801 Statesville Rd, Huntersville, NC 28078

    $10,600,000
    1 sqft

    Completed in 2025, the community offers studio, one-bedroom, and two-bedroom homes with contemporary finishes and detached garages.

    View details
    Mixed-Use Property with Retail Space
    Mixed-Use Property with Retail Space

    201 N. Church Street, Mooresville, NC 28115

    $37,000,000
    32,000 sqft

    Contemporary mixed-use asset combining multifamily housing and commercial space in Mooresville.

    View details
    6-Unit Apartment Buildings with Upgrades
    6-Unit Apartment Buildings with Upgrades

    374 Water St, Mooresville, NC 28115

    Contact for pricing
    4,500 sqft

    Three duplex structures contain updated two-bedroom units with private utility rooms and washer/dryer hookups.

    View details
    Independent Senior Apartments
    Independent Senior Apartments

    8521 Sam Furr Road, Huntersville, NC 28078

    Contact for pricing

    Age-qualified residences support independent living for residents 55 and older.

    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)

    600 Atlantic Ct, Kannapolis, NC 28081-4796

    $1,140,000
    Estimated value
    5,027 sqft 12.24 AC lot
    View details
    817 Main St
    GARDEN APT, COURT APT (5+ UNITS)

    817 Main St, Kannapolis, NC 28081-4917

    $1,140,000
    Estimated value
    3,825 sqft 0.16 AC lot
    View details
    821 Main St
    GARDEN APT, COURT APT (5+ UNITS)

    821 Main St, Kannapolis, NC 28081-4900

    $1,140,000
    Estimated value
    9,356 sqft 0.03 AC lot
    View details
    1300 Oakwood Ave
    GARDEN APT, COURT APT (5+ UNITS)

    1300 Oakwood Ave, Kannapolis, NC 28081-5742

    $805,000
    Estimated value
    4,014 sqft 3.33 AC lot
    View details
    5200 Rogers Lk Rd
    GARDEN APT, COURT APT (5+ UNITS)

    5200 Rogers Lk Rd, Kannapolis, NC 28081-8461

    $59,000,000
    Estimated value
    39,678 sqft 25.80 AC lot
    View details
    701 Rain Pl Ct
    GARDEN APT, COURT APT (5+ UNITS)

    701 Rain Pl Ct, Kannapolis, NC 28081-4866

    $4,950,000
    Estimated value
    9,760 sqft 2.23 AC lot
    View details
    200 Cabarrus Arms Dr
    GARDEN APT, COURT APT (5+ UNITS)

    200 Cabarrus Arms Dr, Kannapolis, NC 28081-4843

    $11,100,000
    Estimated value
    10,056 sqft 10.11 AC lot
    View details
    103 Rdg Ave
    GARDEN APT, COURT APT (5+ UNITS)

    103 Rdg Ave, Kannapolis, NC 28083-4463

    $1,890,000
    Estimated value
    8,618 sqft 0.48 AC lot
    View details
    107 G St
    GARDEN APT, COURT APT (5+ UNITS)

    107 G St, Kannapolis, NC 28081-4712

    $1,890,000
    Estimated value
    7,168 sqft 0.35 AC lot
    View details
    1499 Sherwood Dr
    GARDEN APT, COURT APT (5+ UNITS)

    1499 Sherwood Dr, Kannapolis, NC 28081-5749

    $2,050,000
    Estimated value
    6,138 sqft 0.34 AC lot
    View details
    1422 Nottingham Rd
    GARDEN APT, COURT APT (5+ UNITS)

    1422 Nottingham Rd, Kannapolis, NC 28081-5740

    $2,050,000
    Estimated value
    6,120 sqft 1.88 AC lot
    View details
    205 G St
    GARDEN APT, COURT APT (5+ UNITS)

    205 G St, Kannapolis, NC 28081-4714

    $1,890,000
    Estimated value
    9,344 sqft 0.43 AC lot
    View details
    Ln St
    GARDEN APT, COURT APT (5+ UNITS)

    Ln St, Kannapolis, NC 28083

    $275,000
    Estimated value
    18.11 AC lot
    View details
    2802 Ln St
    GARDEN APT, COURT APT (5+ UNITS)

    2802 Ln St, Kannapolis, NC 28083-9223

    $245,000
    Estimated value
    17.39 AC lot
    View details
    2000 Ginnie Spgs Dr
    GARDEN APT, COURT APT (5+ UNITS)

    2000 Ginnie Spgs Dr, Kannapolis, NC 28081

    Value Estimation by Request
    40,519 sqft 20.12 AC lot
    View details
    300 Suffolk Dr
    GARDEN APT, COURT APT (5+ UNITS)

    300 Suffolk Dr, Kannapolis, NC 28083-4936

    $19,800,000
    Estimated value
    4,942 sqft 2.90 AC lot
    View details
    3200 Carolina Cv Trl
    GARDEN APT, COURT APT (5+ UNITS)

    3200 Carolina Cv Trl, Kannapolis, NC 28083

    $55,215,000
    Estimated value
    42,409 sqft 16.00 AC lot
    View details
    2101 University Dr
    GARDEN APT, COURT APT (5+ UNITS)

    2101 University Dr, Kannapolis, NC 28083-7261

    $230,000
    Estimated value
    1.79 AC lot
    View details
    1302 Mdw Ave
    GARDEN APT, COURT APT (5+ UNITS)

    1302 Mdw Ave, Kannapolis, NC 28083-5135

    $1,265,000
    Estimated value
    8,410 sqft 1.04 AC lot
    View details
    850 Mclain Hts Ct
    GARDEN APT, COURT APT (5+ UNITS)

    850 Mclain Hts Ct, Kannapolis, NC 28083-5200

    $2,865,000
    Estimated value
    21,998 sqft 1.70 AC lot
    View details
    101 Coopers Rdg Dr
    GARDEN APT, COURT APT (5+ UNITS)

    101 Coopers Rdg Dr, Kannapolis, NC 28083-6956

    $16,025,000
    Estimated value
    15,924 sqft 16.90 AC lot
    View details
    103 Briarcliff Dr
    GARDEN APT, COURT APT (5+ UNITS)

    103 Briarcliff Dr, Kannapolis, NC 28081-7103

    $1,005,000
    Estimated value
    6,039 sqft 0.34 AC lot
    View details

    Kannapolis, NC Apartment Buildings Market Trends and Statistics

    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 $3,625,000.

    Sale prices for two-family homes in Kannapolis, NC average $3,625,000 — 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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    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 average listing prices of real estate assets

    Neighborhood Average Price
    28081 $3.6M

    Taxes & Financing

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

    Listings Trend

    New vs delisted commercial listings in Cabarrus County

    New Delisted

    Property Size Breakdown

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

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