Duplex with Two
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 Market53
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
Basement, Bedroom 1, Bedroom 2, Bedroom 4, Bedroom 3, Bathroom 1, Bathroom 2
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
Additional Details
Tenant in Place
Yes
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
Buildings
1
Listing Agency:
Redwood Realty Group LLC
(704) 345-5112
Listed By:
Sunnie Henry
(704) 778-5811
Added: Sep 8
Changed: Oct 29
Last Checked: Oct 30 at 6:06PM
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.
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Investment Insights
Based on property information with market context.
This 1928 duplex contains two residences, each arranged with two bedrooms and one bathroom. Two garages occupy the lower level. The building has vinyl exterior materials, heat-pump heating, central air conditioning, and public sewer service. The property occupies 0.32 acres.
Located off N Main Street in Kannapolis, the duplex is approximately 2 miles from downtown. Both units have long-term tenants, who pay their own utilities.
Located off N Main Street in Kannapolis, the duplex is approximately 2 miles from downtown. Both units have long-term tenants, who pay their own utilities.
Key Highlights
- Two residences, each with 2 bedrooms and 1 bathroom
- Two garages on the lower level
- 0.32‑acre property
Property Analytics
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Lease Details
2
Residential units
Multi-tenant
Tenancy
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
303
Businesses Nearby
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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
Frequently Asked Questions
What type of property is this?
Duplex - Each residence offers two bedrooms, one bathroom, and tenant-paid 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 residences, each with 2 bedrooms and 1 bathroom; Two garages on the lower level; 0.32‑acre property
