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    Kannapolis, NC Multifamily Properties for Sale

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    Concord, NC Landis, NC Davidson, NC
    6 results
    Income-Producing Duplex in Growing Kannapolis
    $375,000
    950 SF

    Income-Producing Duplex in Growing Kannapolis

    1106 Lane Street, Kannapolis, NC 28083

    Well-maintained duplex near downtown Kannapolis, offering income potential.

    • Prime location in growing Kannapolis, NC, near revitalized Downtown and Atrium Health Ballpark.
    • Income‑producing brick duplex with strong rental history.
    • Two 2‑bedroom, 1‑bath units, each approximately 950 sq ft.
    • Recent updates include central air (2023), gas furnace (2019), PEX plumbing (2024), and windows (2023).
    • Opportunity to live in one unit and rent the other, or rent both for cash flow.
    Updated: Apr 17
    View details
    Kannapolis Multifamily Investment Opportunity
    $1,375,000
    1.50 Acres

    Kannapolis Multifamily Investment Opportunity

    220 Basin Avenue, Kannapolis, NC 28083

    Portfolio of 8 units with guaranteed rents in Kannapolis.

    • High CAP Rate: Portfolio boasts over an 8% CAP rate, offering a strong return on investment.
    • Guaranteed Rental Income: Over 60% of rents are guaranteed, providing stable and reliable cash flow.
    • New Roofs: 4 out of 5 homes have new roofs installed in 2024, minimizing near‑term maintenance costs.
    • Rapidly Appreciating Market: Located in downtown Kannapolis, a market experiencing rapid appreciation and new development.
    • Recently Renovated Units: 3 units feature new kitchens with granite counters, enhancing tenant appeal.
    Updated: Apr 15
    View details
    Updated Duplex in Revitalized Kannapolis
    $235,000
    0.14 Acres

    Updated Duplex in Revitalized Kannapolis

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

    659 - 661 Wilson Street, Kannapolis, NC 28083
    View details
    Kannapolis Duplex with Mixed Zoning
    $349,900
    0.30 Acres

    Kannapolis Duplex with Mixed Zoning

    Duplex in good condition with hardwood floors and mixed zoning.

    2040 Kannapolis Highway, Kannapolis, NC 28031
    View details
    Kannapolis Townhome Community For Sale
    $3,720,000
    21,816 SF

    Kannapolis Townhome Community For Sale

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

    1422 Nottingham Rd, Kannapolis, NC 28081
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    Mobile Home Park
    $15,050,000
    37.00 Acres

    Mobile Home Park

    Mobile home & RV parks · 37.00 Acres

    4500 Tiffany Dr, Kannapolis, NC 28081
    View details
    Based on your search, we've compiled 49 Potential Opportunities for your consideration. Besides 6 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.

    Fully Renovated Duplex
    $359,000
    0.12 Acres

    Fully Renovated Duplex

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

    15 Brookwood Avenue NW, Concord, NC 28025
    View details
    New Concord Duplex with Warranty
    $525,000
    0.18 Acres

    New Concord Duplex with Warranty

    New construction duplex in Concord with builder warranty.

    104 Maple Avenue NW, Concord, NC 28027
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    Land Approved for 86 Townhomes
    $448,777
    11.71 Acres

    Land Approved for 86 Townhomes

    11.71 acres approved for 86 townhomes in Landis, NC.

    Phillips Street, Landis, NC 28088
    View details
    Land Approved for 86 Townhomes
    $849,777
    22.18 Acres

    Land Approved for 86 Townhomes

    22.18 acres approved for 86 townhomes in Landis, NC.

    N Chapel Street, Landis, NC 28088
    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.

    Residential Land in China Grove
    $36,000
    0.75 Acres

    Residential Land in China Grove

    0.75-acre lot suitable for residential use in Rowan County.

    235 Madison Road, China Grove, NC 28023
    View details
    Huntersville Land for Mobile Homes
    $475,000
    0.88 Acres

    Huntersville Land for Mobile Homes

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

    11707 Cimmaron Road, Huntersville, NC 28078
    View details
    Multifamily Development Opportunity in Charlotte
    $559,700
    0.47 Acres

    Multifamily Development Opportunity in Charlotte

    Prime 0.47-acre parcel zoned for multifamily development near UNC Charlotte.

    4312 Tantilla Circle, Charlotte, NC 28215
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    Waterfront Lot in Sherrills Ford
    $775,000
    0.47 Acres

    Waterfront Lot in Sherrills Ford

    Waterfront lot with septic, deep water access, convenient location.

    9490 Sherrills Ford Road, Terrell, NC 28682
    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)
    5,027 SF Lot: 12.24 Acres
    Estimated value
    $1,140,000

    600 Atlantic Ct, Kannapolis, NC 28081-4796

    View details
    817 Main St
    GARDEN APT, COURT APT (5+ UNITS)
    3,825 SF Lot: 0.16 Acres
    Estimated value
    $1,165,000

    817 Main St, Kannapolis, NC 28081-4917

    View details
    821 Main St
    GARDEN APT, COURT APT (5+ UNITS)
    9,356 SF Lot: 0.03 Acres
    Estimated value
    $1,170,000

    821 Main St, Kannapolis, NC 28081-4900

    View details
    1300 Oakwood Ave
    GARDEN APT, COURT APT (5+ UNITS)
    4,014 SF Lot: 3.33 Acres
    Estimated value
    $805,000

    1300 Oakwood Ave, Kannapolis, NC 28081-5742

    View details
    5200 Rogers Lk Rd
    GARDEN APT, COURT APT (5+ UNITS)
    39,678 SF Lot: 25.80 Acres
    Estimated value
    $59,000,000

    5200 Rogers Lk Rd, Kannapolis, NC 28081-8461

    View details
    701 Rain Pl Ct
    GARDEN APT, COURT APT (5+ UNITS)
    9,760 SF Lot: 2.23 Acres
    Estimated value
    $4,950,000

    701 Rain Pl Ct, Kannapolis, NC 28081-4866

    View details
    200 Cabarrus Arms Dr
    GARDEN APT, COURT APT (5+ UNITS)
    10,056 SF Lot: 10.11 Acres
    Estimated value
    $11,100,000

    200 Cabarrus Arms Dr, Kannapolis, NC 28081-4843

    View details
    103 Rdg Ave
    GARDEN APT, COURT APT (5+ UNITS)
    8,618 SF Lot: 0.48 Acres
    Estimated value
    $1,895,000

    103 Rdg Ave, Kannapolis, NC 28083-4463

    View details
    107 G St
    GARDEN APT, COURT APT (5+ UNITS)
    7,168 SF Lot: 0.35 Acres
    Estimated value
    $1,805,000

    107 G St, Kannapolis, NC 28081-4712

    View details
    1499 Sherwood Dr
    GARDEN APT, COURT APT (5+ UNITS)
    6,138 SF Lot: 0.34 Acres
    Estimated value
    $1,850,000

    1499 Sherwood Dr, Kannapolis, NC 28081-5749

    View details
    1422 Nottingham Rd
    GARDEN APT, COURT APT (5+ UNITS)
    6,120 SF Lot: 1.88 Acres

    1422 Nottingham Rd, Kannapolis, NC 28081-5740

    View details
    205 G St
    GARDEN APT, COURT APT (5+ UNITS)
    9,344 SF Lot: 0.43 Acres
    Estimated value
    $1,930,000

    205 G St, Kannapolis, NC 28081-4714

    View details
    Ln St
    GARDEN APT, COURT APT (5+ UNITS)
    Lot: 18.11 Acres
    Value Estimation by Request

    Ln St, Kannapolis, NC 28083

    View details
    2802 Ln St
    GARDEN APT, COURT APT (5+ UNITS)
    Lot: 17.39 Acres
    Value Estimation by Request

    2802 Ln St, Kannapolis, NC 28083-9223

    View details
    2000 Ginnie Spgs Dr
    GARDEN APT, COURT APT (5+ UNITS)
    40,519 SF Lot: 20.12 Acres
    Value Estimation by Request

    2000 Ginnie Spgs Dr, Kannapolis, NC 28081

    View details
    300 Suffolk Dr
    GARDEN APT, COURT APT (5+ UNITS)
    4,942 SF Lot: 2.90 Acres
    Value Estimation by Request

    300 Suffolk Dr, Kannapolis, NC 28083-4936

    View details
    3200 Carolina Cv Trl
    GARDEN APT, COURT APT (5+ UNITS)
    42,409 SF Lot: 16.00 Acres
    Estimated value
    $55,215,000

    3200 Carolina Cv Trl, Kannapolis, NC 28083

    View details
    2101 University Dr
    GARDEN APT, COURT APT (5+ UNITS)
    Lot: 1.79 Acres
    Value Estimation by Request

    2101 University Dr, Kannapolis, NC 28083-7261

    View details

    Kannapolis, NC Multifamily Properties Investment Opportunities Market Analysis

    Explore 41 multifamily properties for sale in Kannapolis, NC, showcased through 6 active listings on our real estate platform. These investment opportunities span a total of 22,766 square feet of properties for sale, with an estimated market value of $4,095,000.

    Sale prices for multifamily properties in Kannapolis, NC start at $375,000, averaging $2,047,500, and reaching up to $3,720,000 — 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

    Duplexes 3
    Apartment buildings 2
    Mobile home & RV parks 1

    Property Size Breakdown

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

    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 median 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 sq ft
    Tax Rate vs County Average 0.10 pp above county avg
    Average Loan-to-Value 65.0%

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