Advertise
    Kannapolis, NC
    Multifamily

    Kannapolis, NC Multifamily Properties for Sale

    Notify Me
    List
    Map
    Salisbury, NC Concord, NC Landis, NC Davidson, NC Mooresville, NC China Grove, NC Huntersville, NC Charlotte, NC
    8-Unit Multifamily Portfolio
    Updated: Apr 15
    8-Unit Multifamily Portfolio

    220 Basin Avenue, Kannapolis, NC 28083

    $1,299,000
    1.50 AC lot
    8‑unit residential portfolio: 5 homes total (3 duplexes and 2 SFR) on the same block in downtown Kannapolis
    Over 8% CAP rate reported for the portfolio, with over 60% of rents guaranteed
    3 units have new kitchens with granite counters; 4–5 of the homes received new roofs in 2024
    Re‑rented in under 30 days per the remarks, with long‑term tenants backed/guaranteed by a community health program
    Central heating and cooling plus baseboard heat; ceiling fans and electric cooling listed
    View details
    Income-Producing Duplex in Growing Kannapolis
    Updated: Apr 17
    Income-Producing Duplex in Growing Kannapolis

    1106 Lane Street, Kannapolis, NC 28083

    $375,000
    0.23 AC lot
    Brick duplex built in 1935 with two 2‑bedroom, 1‑bath units
    Each unit has a matching layout and is just under 950 sq ft
    Corner lot duplex with porch, deck, and patio features
    Central air added in 2023; gas furnace installed in 2019
    Updates include PEX plumbing (2024) and windows (2023)
    View details
    Updated Duplex in Revitalized Kannapolis
    Updated Duplex in Revitalized Kannapolis

    659 - 661 Wilson Street, Kannapolis, NC 28083

    $235,000
    0.14 AC lot

    Turn-key duplex in booming Kannapolis, ideal for investors.

    View details
    Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
    Kannapolis Townhome Community For Sale
    Kannapolis Townhome Community For Sale

    1422 Nottingham Rd, Kannapolis, NC 28081

    $3,625,000
    21,816 sqft 2.22 AC lot

    24-unit townhome community with income potential in Kannapolis, NC.

    View details
    Kannapolis Duplex with Mixed Zoning
    Kannapolis Duplex with Mixed Zoning

    2040 Kannapolis Highway, Kannapolis, NC 28031

    $349,900
    0.30 AC lot

    Duplex in good condition with hardwood floors and mixed zoning.

    View details
    Based on your search, we've compiled 48 Potential Opportunities for your consideration. Besides 5 Active listings in Kannapolis, NC, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 35 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Brick Duplex with 1-Bedroom Units
    Brick Duplex with 1-Bedroom Units

    317 W D Avenue, Salisbury, NC 28144

    $199,900
    0.55 AC lot

    A two-unit brick duplex offering two 1-bedroom, 1-bath layouts on a private, level lot with city water and sewer.

    View details
    Fully Renovated Duplex
    Fully Renovated Duplex

    15 Brookwood Avenue NW, Concord, NC 28025

    $359,000
    0.12 AC lot

    Turnkey two-unit income property with both units occupied and recently renovated exterior and interiors.

    View details
    New Concord Duplex with Warranty
    New Concord Duplex with Warranty

    104 Maple Avenue NW, Concord, NC 28027

    $525,000
    0.18 AC lot

    New construction duplex in Concord with builder warranty.

    View details
    Salisbury Mobile Home Park Investment
    Salisbury Mobile Home Park Investment

    109 Suncreek Lane, Salisbury, NC 28146

    $799,000

    Turnkey mobile home park with 17 rented lots in Salisbury.

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Manufactured Home Lot with Road Access
    Manufactured Home Lot with Road Access

    235 Madison Road, China Grove, NC 28023

    $36,000
    0.75 AC lot

    Unimproved 0.75-acre parcel zoned RMH with access via Madison Road, requiring well and septic for development.

    View details
    Huntersville Land for Mobile Homes
    Huntersville Land for Mobile Homes

    11707 Cimmaron Road, Huntersville, NC 28078

    $475,000
    0.88 AC lot

    Four adjoining lots suitable for mobile homes, church, or store.

    View details
    Statesville Land Near Airport
    Statesville Land Near Airport

    130 Aviation Drive, Statesville, NC 28677

    $389,000
    8.03 AC lot

    8.03 acres near I-40, approved for mini/RV storage.

    View details
    Charlotte Land with Income Potential
    Charlotte Land with Income Potential

    4650, 4654 & 4600 Bright Road, Charlotte, NC 28214

    $1,400,000
    7.09 AC lot

    Income-producing property near Lake Wylie with development potential.

    View details

    Off-Market Properties in Kannapolis, NC

    Consider similar Off-Market properties in Kannapolis, NC. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    600 Atlantic Ct
    GARDEN APT, COURT APT (5+ UNITS)

    600 Atlantic Ct, Kannapolis, NC 28081-4796

    $1,140,000
    Estimated value
    5,027 sqft 12.24 AC lot
    View details
    817 Main St
    GARDEN APT, COURT APT (5+ UNITS)

    817 Main St, Kannapolis, NC 28081-4917

    $1,165,000
    Estimated value
    3,825 sqft 0.16 AC lot
    View details
    821 Main St
    GARDEN APT, COURT APT (5+ UNITS)

    821 Main St, Kannapolis, NC 28081-4900

    $1,170,000
    Estimated value
    9,356 sqft 0.03 AC lot
    View details
    1300 Oakwood Ave
    GARDEN APT, COURT APT (5+ UNITS)

    1300 Oakwood Ave, Kannapolis, NC 28081-5742

    $805,000
    Estimated value
    4,014 sqft 3.33 AC lot
    View details
    5200 Rogers Lk Rd
    GARDEN APT, COURT APT (5+ UNITS)

    5200 Rogers Lk Rd, Kannapolis, NC 28081-8461

    Value Estimation by Request
    39,678 sqft 25.80 AC lot
    View details
    701 Rain Pl Ct
    GARDEN APT, COURT APT (5+ UNITS)

    701 Rain Pl Ct, Kannapolis, NC 28081-4866

    $4,950,000
    Estimated value
    9,760 sqft 2.23 AC lot
    View details
    200 Cabarrus Arms Dr
    GARDEN APT, COURT APT (5+ UNITS)

    200 Cabarrus Arms Dr, Kannapolis, NC 28081-4843

    $11,100,000
    Estimated value
    10,056 sqft 10.11 AC lot
    View details
    103 Rdg Ave
    GARDEN APT, COURT APT (5+ UNITS)

    103 Rdg Ave, Kannapolis, NC 28083-4463

    $1,895,000
    Estimated value
    8,618 sqft 0.48 AC lot
    View details
    107 G St
    GARDEN APT, COURT APT (5+ UNITS)

    107 G St, Kannapolis, NC 28081-4712

    $1,805,000
    Estimated value
    7,168 sqft 0.35 AC lot
    View details
    1499 Sherwood Dr
    GARDEN APT, COURT APT (5+ UNITS)

    1499 Sherwood Dr, Kannapolis, NC 28081-5749

    $1,850,000
    Estimated value
    6,138 sqft 0.34 AC lot
    View details
    1422 Nottingham Rd
    GARDEN APT, COURT APT (5+ UNITS)

    1422 Nottingham Rd, Kannapolis, NC 28081-5740

    $2,275,000
    Estimated value
    6,120 sqft 1.88 AC lot
    View details
    205 G St
    GARDEN APT, COURT APT (5+ UNITS)

    205 G St, Kannapolis, NC 28081-4714

    $1,930,000
    Estimated value
    9,344 sqft 0.43 AC lot
    View details
    Ln St
    GARDEN APT, COURT APT (5+ UNITS)

    Ln St, Kannapolis, NC 28083

    Value Estimation by Request
    18.11 AC lot
    View details
    2802 Ln St
    GARDEN APT, COURT APT (5+ UNITS)

    2802 Ln St, Kannapolis, NC 28083-9223

    Value Estimation by Request
    17.39 AC lot
    View details
    2000 Ginnie Spgs Dr
    GARDEN APT, COURT APT (5+ UNITS)

    2000 Ginnie Spgs Dr, Kannapolis, NC 28081

    Value Estimation by Request
    40,519 sqft 20.12 AC lot
    View details
    300 Suffolk Dr
    GARDEN APT, COURT APT (5+ UNITS)

    300 Suffolk Dr, Kannapolis, NC 28083-4936

    Value Estimation by Request
    4,942 sqft 2.90 AC lot
    View details
    3200 Carolina Cv Trl
    GARDEN APT, COURT APT (5+ UNITS)

    3200 Carolina Cv Trl, Kannapolis, NC 28083

    Value Estimation by Request
    42,409 sqft 16.00 AC lot
    View details
    2101 University Dr
    GARDEN APT, COURT APT (5+ UNITS)

    2101 University Dr, Kannapolis, NC 28083-7261

    Value Estimation by Request
    1.79 AC lot
    View details
    1302 Mdw Ave
    GARDEN APT, COURT APT (5+ UNITS)

    1302 Mdw Ave, Kannapolis, NC 28083-5135

    $1,265,000
    Estimated value
    8,410 sqft 1.04 AC lot
    View details

    Kannapolis, NC Multifamily Properties Market Trends and Statistics

    Explore 40 multifamily properties for sale in Kannapolis, NC, showcased through 5 active listings on our real estate platform. These investment opportunities span a total of 21,816 square feet of properties for sale, with an estimated market value of $3,625,000.

    Sale prices for multifamily properties in Kannapolis, NC start at $3,625,000, averaging $3,625,000, and reaching up to $3,625,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

    List
    Map

    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Duplexes 4
    Apartment buildings 1

    Demographics Overview

    Population 232K
    Population Growth (5Y) +11.2%
    Median Household Income $84,128
    College Educated 40.8%

    High-Yield Neighborhoods for Investment

    Identify Kannapolis submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    Cornelius $349.9K
    Kannapolis $4.2M

    Taxes & Financing

    Tax Rate (average for all types) 1.11%
    Property Tax per SF $17.83 per SF
    Tax Rate vs County Average 0.10 pp above county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Cabarrus County

    New Delisted

    Property Size Breakdown

    The majority of commercial real estate listings in Kannapolis fall within the 100,000+ square foot range.

    Need Help?

    Reach out if you need assistance with Realmo tools or have questions about your listings

    Contact Us

    Browse Multifamily properties for Sale Near Kannapolis, NC

    Popular Searches in Kannapolis, NC

    Popular Categories

    Most Searched ZIP Codes in Kannapolis, NC

    • 28083
    • 28031
    • 28081

    Select Neighborhood

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!