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Duplex with Hardwood Floors
For Sale
$349,900

2040 Kannapolis Highway, Kannapolis, NC 28031

Residential Income, Kannapolis, NC

Property SizeContact for details
Lot Size0.30 Acres
Days on Market186

Property Features for 2040 Kannapolis Highway

General Information

Property type Residential Multi Family
Property subtype Other
Zoning description C-2
Bedrooms 4
Bathrooms 1
Full bathrooms 2
Rooms Bathroom 1, Bedroom 1, Bedroom 4, Bedroom 3, Bedroom 2
Parking 4
Patio and Porch features Porch, Deck
Appliances Electric Range, Refrigerator
Elementary school Unspecified
Middle school Unspecified
High school Unspecified
Standard status Active
APN 5612-91-0642-0000
Lot size 0.30 Acres

Taxes and HOA fees

Tax Description WEST SIDE S MAIN ST .30AC
Legal Description WEST SIDE S MAIN ST .30AC

Utilities

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

Amenities

hardwood floors
front porches
decks

Building Details

Year built 1950
Floors in Building 1
Number of units 2
Flooring type Wood, Linoleum, Tile
Building materials Asbestos
Listing Agency: McCravy Realty Affiliates
Listed By: Maxine Shaw McCravy
Added: Apr 3 Changed: Sep 12 Last Checked: Oct 5 at 5:06PM
MLS# 4363197

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 two-unit residential property was built in 1950 and includes hardwood flooring in both residences, with additional tile and linoleum surfaces. Each unit has a front porch and deck, while electric central heating and central air conditioning serve the building. Electric ranges and refrigerators are included, and the property is connected to public sewer service.

The duplex occupies 0.3 acres at 2040 Kannapolis Highway in Kannapolis, North Carolina, within Cabarrus County. Mixed Complex zoning is identified for the property. The layout includes four bedrooms and one bathroom as reflected in the available room information.

Key Highlights

  • Two‑unit duplex on a 0.3‑acre lot
  • Hardwood flooring in both units
  • Front porches and decks serve the units

Property Analytics

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Current Use

Duplexes

Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

368
Businesses Nearby

Demographics for 28031, NC

30,836
Population
14,194
Households
2.2
Avg Household Size
43
Median Age
61%
College-Educated
97%
High-School Grad
14.0 sq mi
ZIP Area
2,203
Density / Sq Mi
$115,746
Median Household Income
$65,377
Median Earnings
$1,587
Median Rent
$497,400
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in South region

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

What type of property is this?
Duplex - Two residential units feature porches, decks, and central heating and cooling.
Where is this duplex located?
The property is located at 2040 Kannapolis Highway 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: Two‑unit duplex on a 0.3‑acre lot; Hardwood flooring in both units; Front porches and decks serve the units
More about this property
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