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    2040 Kannapolis Hwy Kannapolis, NC 28031

    For Sale
    $349,900

    MULTI_FAMILY - Kannapolis, NC

    Lot size:
    0.30 Acres
    Days on Market:
    34
    Last Refresh:
    Dec 11 at 12:06 pm

    Property Features for 2040 Kannapolis Hwy

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Rooms
    Bedroom 3, Bedroom 4, Bedroom 2, Bathroom 2, Bathroom 1, Bedroom 1
    Bedrooms
    4
    APN
    5612-91-0642-0000
    Parking
    4
    Patio and Porch features
    Porch, Deck
    Pets allowed
    Yes
    Appliances
    Electric Range, Refrigerator
    Lot size
    0.30 Acres

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Electric (Heating), Central
    Cooling system
    Central Air, Electric

    Building Details

    Year built
    1950
    Floors in Building
    1
    Number of units
    2
    Flooring type
    Wood, Linoleum, Tile
    Building materials
    Asbestos

    McCravy Realty Affiliates, LLC (704) 598-9200 [email protected]

    Listing agent Maxine Shaw McCravy (704) 408-8224

    Listing date Nov 8, 2025

    MLS# 4288366 Listing URL

    Copyright © 2025 Canopy MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Kannapolis Duplex with Mixed Zoning

    This duplex is located in Kannapolis, North Carolina, and is situated on a 0.3-acre lot. The property is zoned Mixed Complex. Both units are currently leased for $1250 each and are in good condition, featuring hardwood floors. Each unit has front porches and decks.
    Location Intelligence

    Current Use by Public Records

    Duplexes

    Map

    City
    Kannapolis
    County
    Cabarrus
    State
    North Carolina
    Longitude
    -80.614939
    Latitude
    35.447242

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    FAQs

    What type of property is this?
    Duplex - Duplex in good condition with hardwood floors and mixed zoning.
    Where is this duplex located?
    The property is located at 2040 Kannapolis Hwy Kannapolis, NC.
    What is the asking price?
    The asking price for this property is $349,900.
    What are key features of this property?
    This property features: - Prime location with Mixed Complex Zoning offers versatile usage options.; - Income-generating duplex, currently leased for $1250 per unit.; - Both units are in good condition.
    (704) 408-8224
    Request Owner's contact information
    2040 Kannapolis Hwy Kannapolis, NC 28031
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    2040 Kannapolis Hwy Kannapolis, NC 28031
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