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Four-Unit Quadplex with Patios
New
For Sale
$532,000
Pending

406 E 18th Street, Kannapolis, NC 28083

MULTI_FAMILY - Other - Kannapolis, NC

Lot Size0.43 Acres
Days on Market6

Property Features for 406 E 18th Street

General Information

Property type Residential Multi Family
Property subtype Other
Zoning R-8SF
Zoning description R-8
Bedrooms 8
Bathrooms 4
Full bathrooms 4
Rooms Bedroom 5, Bedroom 8, Bathroom 3, Laundry Room, Bedroom 1, Bedroom 6, Bathroom 1, Bathroom 2, Bathroom 4, Bedroom 4, Bedroom 2, Bedroom 3, Bedroom 7
Parking 8
Parking features Driveway
Patio and Porch features Patio
Interior features Attic Other
Exterior features Lawn Maintenance
Appliances Disposal, Electric Range, Electric Water Heater, Microwave, Refrigerator with Ice Maker, Washer/Dryer
Lot features Level, Sloped
Elementary school G.W. Carver
Middle school Kannapolis
High school A.L. Brown
Directions Please refer to your GPS!
Standard status Pending
APN 159211
Lot size 0.43 Acres

Taxes and HOA fees

Tax Description L29-33 BA
Legal Description L29-33 BA

Utilities

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

Building Details

Year built 1983
Floors in Building 2
Number of units 4
Building materials Aluminum, Brick Partial, Vinyl
Roof type Shingle
Architectural style Other
Additional Structures Other
Listing Agency: NorthGroup Real Estate LLC
Listed By: Nicole Redmond · License #302407
Added: Jul 26 Changed: Jul 30 Last Checked: Jul 31 at 4:06AM
MLS# 4407875

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.

This four-unit quadplex features four individual homes with a consistent functional layout, supporting straightforward management and maintenance. Each unit offers two bedrooms and one bathroom. Units include a refrigerator and stackable washer and dryer, along with a dedicated storage room. Patio space is available out back for each unit. Additional interior and building features include an attic, and exterior lawn maintenance is indicated.

The property is zoned R-8SF and sits on a 0.43-acre lot. Built in 1983, the building is served by public sewer. Heating is electric via heat pump, with central air cooling and a shingle roof. Parking is provided by a driveway.

With each unit equipped with in-unit laundry and included appliances, this quadplex is set up as a turnkey rental option for an investor seeking a four-unit portfolio component.

Key Highlights

  • Four units, each with two bedrooms and one bathroom
  • 0.43‑acre lot zoned R‑8SF
  • Built in 1983

Property Analytics

Current Use

Quadplexes

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office HVAC Service Bakery Skin Care Clinic

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

273
Businesses Nearby

Demographics for 28083, NC

25,821
Population
11,925
Households
2.2
Avg Household Size
38
Median Age
19%
College-Educated
85%
High-School Grad
20.0 sq mi
ZIP Area
1,291
Density / Sq Mi
$60,563
Median Household Income
$39,831
Median Earnings
$1,120
Median Rent
$194,300
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Quadplex - Four-unit quadplex on a 0.43-acre lot in R-8SF zoning, built in 1983, with patio space and shared appliances.
Where is this quadplex located?
The property is located at 406 E 18th Street Kannapolis, NC.
What is the asking price?
The asking price for this property is $532,000.
What are key features of this property?
This property features: Four units, each with two bedrooms and one bathroom; 0.43‑acre lot zoned R‑8SF; Built in 1983
More about this property
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