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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
    8-Unit Multifamily Portfolio
    Updated: Apr 15
    8-Unit Multifamily Portfolio

    220 Basin Avenue, Kannapolis, NC 28083

    $1,299,000
    1.50 AC lot
    8‑unit residential portfolio: 5 homes total (3 duplexes and 2 SFR) on the same block in downtown Kannapolis
    Over 8% CAP rate reported for the portfolio, with over 60% of rents guaranteed
    3 units have new kitchens with granite counters; 4–5 of the homes received new roofs in 2024
    Re‑rented in under 30 days per the remarks, with long‑term tenants backed/guaranteed by a community health program
    Central heating and cooling plus baseboard heat; ceiling fans and electric cooling listed
    View details
    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
    Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
    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.

    Full Brick 8-Plex Apartment Building
    Full Brick 8-Plex Apartment Building

    1655 Webb Street, Gastonia, NC 28052

    $1,045,000
    0.56 AC lot

    Full brick two-building 8-plex with uniform 2-bedroom units, laundry hookups, and wall heating and air in each unit.

    View details
    Multifamily Investment Property in Charlotte
    Multifamily Investment Property in Charlotte

    2607 Cedarhurst Dr, Charlotte, NC 28269

    $2,750,000
    13,456 sqft

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

    View details
    Gastonia Commercial Opportunity: Four Parcels
    Gastonia Commercial Opportunity: Four Parcels

    312 W 2nd Avenue, Gastonia, NC 28052

    $3,000,000
    2.10 AC lot

    Four parcels near downtown Gastonia, suitable for apartments or car wash.

    View details
    Dynamic Urban Redevelopment Opportunity
    Dynamic Urban Redevelopment Opportunity

    Camp North End, Charlotte, NC 28206

    Contact for pricing

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

    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.

    Greenville Development Opportunity: 1.33 Acres
    Greenville Development Opportunity: 1.33 Acres

    71 Salters Road, Greenville, SC 29607

    $699,900
    1.33 AC lot

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

    View details
    Asheville Development Opportunity: 5.94 Acres
    Asheville Development Opportunity: 5.94 Acres

    215 N Bear Creek Road, Asheville, NC 28806

    $2,500,000
    5.94 AC lot

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

    View details
    Central Business Zoned Development Land
    Central Business Zoned Development Land

    107 HOWARD Street, La Plata, MD 20646

    $250,000
    0.23 AC lot

    Central Business zoned parcel with plans for a three-story mixed-use building and 15 parking spaces.

    View details
    Land Near Shepherd University
    Land Near Shepherd University

    8285 MARTINSBURG Pike, Shepherdstown, WV 25443

    $650,000
    3.70 AC lot

    Prime land near Shepherd University with development potential.

    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

    $1,165,000
    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

    $1,170,000
    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

    Value Estimation by Request
    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

    $1,895,000
    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

    $1,805,000
    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

    $1,850,000
    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

    $2,275,000
    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

    $1,930,000
    Estimated value
    9,344 sqft 0.43 AC lot
    View details
    Ln St
    GARDEN APT, COURT APT (5+ UNITS)

    Ln St, Kannapolis, NC 28083

    Value Estimation by Request
    18.11 AC lot
    View details
    2802 Ln St
    GARDEN APT, COURT APT (5+ UNITS)

    2802 Ln St, Kannapolis, NC 28083-9223

    Value Estimation by Request
    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

    Value Estimation by Request
    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

    Value Estimation by Request
    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

    Value Estimation by Request
    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

    $15,090,000
    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

    $975,000
    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 start at $3,625,000, averaging $3,625,000, and reaching up to $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
    28083 $1.4M
    28081 $3.7M

    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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    Most Searched ZIP Codes in Kannapolis, NC

    • 28081
    • 28083

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