Two-Unit Duplex with
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
Basement, Bedroom 3, Bedroom 2, Bathroom 2, Bedroom 1, Bedroom 4, Bathroom 1
Parking features
Garage - Attached, Garage
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
Last Checked: Sep 10 at 10:06AM
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 contains two residences, each with two bedrooms and one bathroom. Both units are occupied by long-term tenants, who pay their own utilities and supply their own washers and dryers. The property includes two garages at the lower level; one is currently occupied. Vinyl siding, heat-pump heating, central air, public sewer, and an appliance package including dishwashers, electric ranges, microwaves, and refrigerators are in place.
The property occupies 0.32 acres at 227/229 Pethel Street in Kannapolis, North Carolina, off N Main Street and approximately 2 miles from downtown Kannapolis. Its configuration combines two residential units with additional garage space within a single multifamily property.
The property occupies 0.32 acres at 227/229 Pethel Street in Kannapolis, North Carolina, off N Main Street and approximately 2 miles from downtown Kannapolis. Its configuration combines two residential units with additional garage space within a single multifamily property.
Key Highlights
- Two‑unit duplex with two bedrooms and one bathroom in each residence
- Both units have long‑term tenants who pay their own utilities
- Two lower‑level garages; one is currently occupied
Property Analytics
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Current Use
Lease Details
2
Residential units
100%
Occupancy
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 - Occupied duplex with two-bedroom residences, separate tenant-paid utilities, and attached garage space.
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 in each residence; Both units have long‑term tenants who pay their own utilities; Two lower‑level garages; one is currently occupied
