Four-Unit Residential Income
New
For Sale
$532,000
Pending
406 E 18th Street, Kannapolis, NC 28083
MULTI_FAMILY - Other - Kannapolis, NC
Lot Size0.43 Acres
Days on Market5
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 4, Bedroom 7, Bedroom 3, Bathroom 2, Laundry Room, Bedroom 1, Bathroom 1, Bedroom 8, Bedroom 5, Bathroom 4, Bedroom 2, Bathroom 3, Bedroom 6
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
Amenities
storage room
patio
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
(704) 412-2804
Listed By:
Nicole Redmond · License #302407
(704) 791-3374
Added: Jul 26
Changed: Jul 30
Last Checked: Jul 30 at 12:06PM
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 residential income property includes four individual units with a consistent layout, with each unit offering two bedrooms and one bathroom. The units are described as turnkey, with a refrigerator and stackable washer and dryer included. Additional features mentioned for each unit include a dedicated storage room and a patio area to the rear.
The property is located at 406 E 18th Street in Kannapolis, North Carolina, in Rowan County. The listing notes convenient access to local amenities, shopping, and major routes.
The portfolio-style configuration provides a straightforward multi-unit setup, with all units sharing the same functional floor plan and included in-unit appliances and storage as described in the offering materials.
The property is located at 406 E 18th Street in Kannapolis, North Carolina, in Rowan County. The listing notes convenient access to local amenities, shopping, and major routes.
The portfolio-style configuration provides a straightforward multi-unit setup, with all units sharing the same functional floor plan and included in-unit appliances and storage as described in the offering materials.
Key Highlights
- 4‑unit portfolio property in Kannapolis at 406 E 18th Street SW; each unit has 2 bedrooms and 1 bathroom
- All units share the same functional floor plan for consistent management and maintenance
- Each unit includes a refrigerator and a stackable washer and dryer
Property Analytics
Property Profile
Current Use
Lease Details
4
Residential units
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
273
Businesses Nearby
Explore this area
Business Placement
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Quadplex - Four units each feature two bedrooms and one bathroom, with shared appliances, storage, and patio space.
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: 4‑unit portfolio property in Kannapolis at 406 E 18th Street SW; each unit has 2 bedrooms and 1 bathroom; All units share the same functional floor plan for consistent management and maintenance; Each unit includes a refrigerator and a stackable washer and dryer
