Duplex With Two
New
For Sale
$319,000
227/229 Pethel Street, Kannapolis, NC 28081
Residential Income, Kannapolis, NC
Property SizeContact for details
Lot Size0.32 Acres
Days on Market3
Property Features for 227/229 Pethel Street
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Zoning description
R8
Bedrooms
4
Bathrooms
2
Full bathrooms
2
Rooms
Bedroom 4, Basement, Bathroom 1, Bathroom 2, Bedroom 1, Bedroom 2, Bedroom 3
Parking features
Garage, Garage - Attached
Basement
Storage Space
Appliances
Dishwasher, Electric Range, Electric Water Heater, Microwave, Refrigerator
Elementary school
G.W. Carver
Middle school
Kannapolis
High school
A.L. Brown
Standard status
Active
APN
159093
Lot size
0.32 Acres
Taxes and HOA fees
Tax Description
L92-95 PETHEL HEIGHTS
Legal Description
L92-95 PETHEL HEIGHTS
Utilities
Sewer type
Public Sewer
Heating system
Heat Pump (Heating)
Cooling system
Central Air
Building Details
Year built
1928
Number of units
2
Building materials
Vinyl
Listing Agency:
Redwood Realty Group LLC
(704) 345-5112
Listed By:
Sunnie Henry
(704) 778-5811
Added: Sep 8
Changed: Sep 10
Last Checked: Sep 10 at 12:06PM
MLS# 4418623
Copyright © 2026 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.
Investment Insights
Based on property information with market context.
Built in 1928, this duplex includes two residential units, each arranged with two bedrooms and one bathroom. The lower level provides two attached garages, offering enclosed parking and additional storage capacity. The property has vinyl construction, heat-pump heating, central air, and public sewer service.
Both units are occupied by long-term tenants, and tenants pay their own utilities. Existing appliances include dishwashers, electric ranges, electric water heaters, microwaves, and refrigerators, although the refrigerator at 229 Pethel Street belongs to the tenant. The property is situated off N Main Street, approximately 2 miles from downtown Kannapolis, on a 0.32-acre lot.
Both units are occupied by long-term tenants, and tenants pay their own utilities. Existing appliances include dishwashers, electric ranges, electric water heaters, microwaves, and refrigerators, although the refrigerator at 229 Pethel Street belongs to the tenant. The property is situated off N Main Street, approximately 2 miles from downtown Kannapolis, on a 0.32-acre lot.
Key Highlights
- Two‑unit duplex with two bedrooms and one bathroom per unit
- Two attached garages located on the lower level
- Both units occupied by long‑term tenants
Property Analytics
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Current Use
Lease Details
2
Residential units
100%
Occupancy
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
303
Businesses Nearby
Explore this area
Business Placement
Demographics for 28081, NC
28,583
Population
12,400
Households
2.3
Avg Household Size
38
Median Age
26%
College-Educated
88%
High-School Grad
30.3 sq mi
ZIP Area
943
Density / Sq Mi
$69,167
Median Household Income
$40,167
Median Earnings
$1,080
Median Rent
$257,300
Median Home Value
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Market
Vacancy Rate% for Multifamily in South region
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Frequently Asked Questions
What type of property is this?
Duplex - Tenant-occupied duplex with two-bedroom units, attached garages, and separately metered tenant utilities.
Where is this duplex located?
The property is located at 227/229 Pethel Street Kannapolis, NC.
What is the asking price?
The asking price for this property is $319,000.
What are key features of this property?
This property features: Two‑unit duplex with two bedrooms and one bathroom per unit; Two attached garages located on the lower level; Both units occupied by long‑term tenants
