Kannapolis, NC Residential income properties for Sale: Buy Investment Real Estate Near You

Updated: Sep 18

Duplex Rental Portfolio

517 Denver Street, Kannapolis, NC 28083

$750,000

1.00 AC lot

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
Stated capitalization rate is over an 8% CAP rate
50% of the rents are guaranteed

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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

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Duplex with Two Garages

227/229 Pethel Street, Kannapolis, NC 28081

$319,000

0.32 AC lot

Each residence offers two bedrooms, one bathroom, and tenant-paid utilities.

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Duplex Portfolio with New Kitchens

517 Denver Street, Kannapolis, NC 28083

$750,000

4,800 sqft

Income-producing duplex properties with updated kitchens, recent roof improvements, and a location near downtown Kannapolis development.

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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.

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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.

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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.

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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.

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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.

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Commercial Sale, Kannapolis, NC

5724 Mooresville Road, Kannapolis, NC 28081

$375,000

4.17 AC lot

Commercial land · 4.17 Acres

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Two-Unit Duplex With Garages

227/229 Pethel St, Kannapolis, NC 28081

$319,000

1,443 sqft

Each residence offers two bedrooms and one bathroom, with utilities paid directly by the tenants.

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Duplex with Porches and Decks

2040 Kannapolis Highway, Kannapolis, NC 28031

$349,900

0.30 AC lot

Mixed Complex zoning and a 0.3-acre lot define this two-unit residential property.

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Kannapolis Townhome Community For Sale

1422 Nottingham Rd, Kannapolis, NC 28081

$3,525,000

21,816 sqft 2.22 AC lot

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

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Based on your search, we've compiled 64 Potential Opportunities for your consideration. Besides 13 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

14 Mills Avenue NW, Concord, NC 28027

$449,999

2,716 sqft

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

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Brick Duplex

317 W D Avenue, Salisbury, NC 28144

$179,900

0.55 AC lot

Two one-bedroom residences share a level parcel with public water and sewer service.

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Concord Commercial Land For Sale

4221 Davidson Highway, Concord, NC 28027

$1,150,000

2.98 AC lot

2.975 acres of commercial land with C2 zoning.

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Cash-Flowing Mobile Home Park Investment

240 MIDWAY Drive, Salisbury, NC 28147

$340,000

Fully occupied mobile home park with strong income and upside.

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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

1416 W A Street, Kannapolis, NC 28081

$669,500

14.88 AC lot

Large lot near revitalized Kannapolis, close to amenities.

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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.

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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.

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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.

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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.