Duplex Rental
517 Denver Street, Kannapolis, NC 28083
For Sale
$750,000
Residential Income, Kannapolis, NC
Property SizeContact for details
Lot Size1.00 Acre
Days on Market51
Property Features for 517 Denver Street
General Information
Property type
Property subtype
Zoning description
Bedrooms
Bathrooms
Full bathrooms
Rooms
Pets allowed
Appliances
Elementary school
Middle school
High school
Standard status
APN
Lot size
Additional Details
Tenant in Place
Taxes and HOA fees
Tax Description
Legal Description
Utilities
Sewer type
Heating system
Cooling system
Building Details
Year built
Number of units
Building materials
Architectural style
Listing Agency:
Realty One Group Revolution
(704) 659-4409
Listed By:
Logan Abrams · License #230121
(704) 239-8763
Added: Sep 18
Changed: Nov 6
Last Checked: Nov 7 at 3:06AM
MLS# 4426175
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 multifamily rental portfolio consists of duplex properties grouped on the same block in Kannapolis. Three kitchens have been updated with granite counters, and roofs were replaced in 2024 at two-thirds of the duplexes. The property information identifies six bedrooms and six bathrooms across the portfolio. Heating includes central electric and baseboard systems; cooling varies by unit and includes central air, ceiling fans, and window units.
The portfolio is in Kannapolis, North Carolina. Public sewer serves the properties. The stated capitalization rate exceeds 8%, and 50% of the rents are guaranteed.
The portfolio is in Kannapolis, North Carolina. Public sewer serves the properties. The stated capitalization rate exceeds 8%, and 50% of the rents are guaranteed.
Key Highlights
- Multifamily duplex portfolio with properties on the same block
- Three kitchens updated with granite counters
- Roofs replaced in 2024 at 2/3 of the duplexes
Property Analytics
Who owns this building?
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Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
615
Businesses Nearby
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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
$194,300
Median Home Value
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Market
Average Price Trend$/SF for Multifamily properties in Cabarrus County, NC
Properties on Market for Multifamily properties in Cabarrus County
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Multifamily property - Renovations include three kitchens with granite counters and roof replacements completed in 2024 at two-thirds of the duplexes.
Where is this multifamily property located?
The property is located at 517 Denver Street Kannapolis, NC.
What is the asking price?
The asking price for this property is $750,000.
What are key features of this property?
This property features: Multifamily duplex portfolio with properties on the same block; Three kitchens updated with granite counters; Roofs replaced in 2024 at 2/3 of the duplexes
