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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

6 properties

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

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

Income-Producing Duplex in Growing Kannapolis

Income-Producing Duplex in Growing Kannapolis

1106 Lane Street, Kannapolis, NC 28083

$375,000

0.23 AC lot

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

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.

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.

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.

Based on your search, we've compiled 57 Potential Opportunities for your consideration. Besides 6 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.

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.

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.

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.

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.

Residential Land in Growing Kannapolis

Residential Land in Growing Kannapolis

621 Pleasant Avenue, Kannapolis, NC 28081

$99,900

0.85 AC lot

Buildable lot near downtown Kannapolis with city water and sewer.

Residential Land in Concord, NC

Residential Land in Concord, NC

626 Flicker Street, Concord, NC 28027

$285,432

3.60 AC lot

3.6 acre residential land parcel ready for development.

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 Tract for Development

Agricultural Land Tract for Development

Ebenezer Road, Kannapolis, NC 28083

$1,276,650

28.37 AC lot

Adjacent parcels total approximately 28 acres of farmland outside city limits in Rowan County, NC.

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

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

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

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

Value Estimation by Request

39,678 sqft 25.80 AC lot

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

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

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

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

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

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

GARDEN APT, COURT APT (5+ UNITS)

Ln St, Kannapolis, NC 28083

Value Estimation by Request

18.11 AC lot

GARDEN APT, COURT APT (5+ UNITS)

2802 Ln St, Kannapolis, NC 28083-9223

Value Estimation by Request

17.39 AC lot

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

GARDEN APT, COURT APT (5+ UNITS)

300 Suffolk Dr, Kannapolis, NC 28083-4936

Value Estimation by Request

4,942 sqft 2.90 AC lot

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

2101 University Dr

GARDEN APT, COURT APT (5+ UNITS)

2101 University Dr, Kannapolis, NC 28083-7261

Value Estimation by Request

1.79 AC lot

Kannapolis, NC Residential Income Properties Market Trends and Statistics

Explore 49 residential income properties for sale in Kannapolis, NC, showcased through 6 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 residential income 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.

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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	$349.9K
Kannapolis	$3.6M

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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