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Kannapolis, NC

Residential Income

Kannapolis, NC Residential Income Properties for Sale

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Salisbury, NC Concord, NC Landis, NC Davidson, NC Mooresville, NC China Grove, NC Huntersville, NC Charlotte, NC

Found 11 residential income properties for sale in Kannapolis, NC, averaging $191/sq ft. Use valuation data to compare deals faster.

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Commercial Land with Extensive Road Frontage

Updated: Jun 18

Commercial Land with Extensive Road Frontage

5446 Mooresville Road, Kannapolis, NC 28081

$900,000

2.58 AC lot

2.58‑acre commercial development site along the growing western corridor of Kannapolis, NC
Approximately 479 ft of road frontage along Kannapolis Parkway and Mooresville Road (NC‑3) with visibility from multiple directions
Positioned at the intersection of Kannapolis Parkway and Mooresville Road (NC‑3)
Development flexibility for uses such as medical office, professional office, neighborhood retail, drive‑thru, and multi‑tenant pad development
Existing well water source; includes an existing residence that could provide interim rental income during a hold period

Eight-Unit Apartment Portfolio

Updated: Apr 15

Eight-Unit Apartment Portfolio

220 Basin Avenue, Kannapolis, NC 28083

$1,295,000

1.50 AC lot

8 units across 5 homes: 3 duplex and 2 SFR, all on the same block
Over 8% CAP rate and over 60% of rents guaranteed
Re‑rented in under 30 days with long‑term tenants backed and guaranteed by a community health program
3 units with new kitchens and granite counters
4 of 5 homes have new roofs in 2024

Two-Lease Single-Family Portfolio

Two-Lease Single-Family Portfolio

410 S Rose Avenue, Kannapolis, NC 28083

$495,000

0.58 AC lot

Turnkey portfolio of two leased, single-family homes on a combined 0.58-acre lot in R8 zoning.

Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center

Updated Brick Duplex

Updated Brick Duplex

1106 Lane St, Kannapolis, NC 28083

$375,000

1,896 sqft

Two matching residential units support flexible owner occupancy or rental use in a growing Kannapolis setting.

Tenant-Occupied Single-Family Rental Portfolio

Tenant-Occupied Single-Family Rental Portfolio

210 Dalewood Avenue, Kannapolis, NC 28083

$485,000

0.50 AC lot

Two tenant-occupied single-family rental homes are offered together as a turnkey portfolio in Kannapolis, NC.

Brick Duplex With Updated Systems

Brick Duplex With Updated Systems

1106 Lane Street, Kannapolis, NC 28083

$375,000

0.23 AC lot

Income-producing duplex with matching residences, professional management, and a recently vacated unit offering occupancy flexibility.

Updated Duplex with Covered Porches

Updated Duplex with Covered Porches

659 - 661 Wilson Street, Kannapolis, NC 28083

$235,000

0.14 AC lot

Two-unit property with vinyl siding, ductless climate control, and covered front and rear porches for each residence.

New-Construction Duplex with Open Layouts

New-Construction Duplex with Open Layouts

Lot 2 Arden Ave, Kannapolis, NC 28081

$529,900

2,543 sqft

Two-unit residential income property with separate utilities and low-maintenance finishes.

Kannapolis Land with Road Frontage

Kannapolis Land with Road Frontage

5724 Mooresville Road, Kannapolis, NC 28081

$375,000

4.17 AC lot

4.17 acre parcel with development potential near downtown Kannapolis.

Duplex with Hardwood Floors

Duplex with Hardwood Floors

2040 Kannapolis Highway, Kannapolis, NC 28031

$349,900

0.30 AC lot

Two residential units feature porches, decks, and central heating and cooling.

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.

Based on your search, we've compiled 62 Potential Opportunities for your consideration. Besides 11 Active listings in Kannapolis, NC, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 43 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.

Renovated Quadplex

Renovated Quadplex

14 Mills Avenue NW, Concord, NC 28027

$479,900

2,716 sqft

Four-unit multifamily property with recent renovations and access to I-85 and Concord Parkway.

Highway Frontage Commercial Land

Highway Frontage Commercial Land

4221 Davidson Highway, Concord, NC 28027

$1,150,000

2.98 AC lot

Commercial land with highway frontage and C2 zoning.

Brick Duplex with Two Units

Brick Duplex with Two Units

317 W D Avenue, Salisbury, NC 28144

$199,900

0.55 AC lot

Two one-bedroom residences occupy a level lot with public utilities and no HOA or restrictive covenants.

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.

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.

Kannapolis Land For Sale

Kannapolis Land For Sale

1416 W A Street, Kannapolis, NC 28081

$669,500

14.88 AC lot

Large lot near revitalized Kannapolis, close to amenities.

Agricultural Land with Rural Setting

Agricultural Land with Rural Setting

Ebenezer Road, Kannapolis, NC 28083

$1,276,650

28.37 AC lot

Farmland outside city limits with municipal water and sewer across nearby roads, subject to access and annexation requirements.

Residential Land in Concord, NC

Residential Land in Concord, NC

626 Flicker Street, Concord, NC 28027

$275,123

3.60 AC lot

3.6 acre residential land parcel ready for development.

Kannapolis Land with Road Frontage

Kannapolis Land with Road Frontage

Ebenezer Road, Kannapolis, NC 28083

$370,000

6.50 AC lot

6.5-acre corner parcel near Kannapolis with road frontage.

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

817 Main St

GARDEN APT, COURT APT (5+ UNITS)

817 Main St, Kannapolis, NC 28081-4917

$1,140,000

Estimated value

3,825 sqft 0.16 AC lot

821 Main St

GARDEN APT, COURT APT (5+ UNITS)

821 Main St, Kannapolis, NC 28081-4900

$1,140,000

Estimated value

9,356 sqft 0.03 AC lot

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

5200 Rogers Lk Rd

GARDEN APT, COURT APT (5+ UNITS)

5200 Rogers Lk Rd, Kannapolis, NC 28081-8461

$59,000,000

Estimated value

39,678 sqft 25.80 AC lot

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

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

103 Rdg Ave

GARDEN APT, COURT APT (5+ UNITS)

103 Rdg Ave, Kannapolis, NC 28083-4463

$1,890,000

Estimated value

8,618 sqft 0.48 AC lot

107 G St

GARDEN APT, COURT APT (5+ UNITS)

107 G St, Kannapolis, NC 28081-4712

$1,890,000

Estimated value

7,168 sqft 0.35 AC lot

1499 Sherwood Dr

GARDEN APT, COURT APT (5+ UNITS)

1499 Sherwood Dr, Kannapolis, NC 28081-5749

$2,050,000

Estimated value

6,138 sqft 0.34 AC lot

1422 Nottingham Rd

GARDEN APT, COURT APT (5+ UNITS)

1422 Nottingham Rd, Kannapolis, NC 28081-5740

$2,050,000

Estimated value

6,120 sqft 1.88 AC lot

205 G St

GARDEN APT, COURT APT (5+ UNITS)

205 G St, Kannapolis, NC 28081-4714

$1,890,000

Estimated value

9,344 sqft 0.43 AC lot

Ln St

GARDEN APT, COURT APT (5+ UNITS)

Ln St, Kannapolis, NC 28083

$275,000

Estimated value

18.11 AC lot

Kannapolis, NC Residential Income Properties Market Trends and Statistics

Explore 54 residential income properties for sale in Kannapolis, NC, showcased through 11 active listings on our real estate platform. These investment opportunities span a total of 26,255 square feet of properties for sale, with an estimated market value of $9,039,800.

Sale prices for residential income properties in Kannapolis, NC start at $235,000, averaging $821,800, 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.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

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 - 28031	$349.9K
Kannapolis - 28081	$869K

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.

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