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    Kannapolis, NC Residential Income Properties for Sale

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    Landis, NC Concord, 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
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    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
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    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

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    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

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    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

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    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.

    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

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    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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    Landis Commercial Property with Residences
    $649,000
    0.88 Acres
    Landis Commercial Property with Residences

    Commercial property with business, residence, and rental income potential.

    814 E Mills Drive, Landis, NC 28088

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    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

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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.

    Residential Land in Growing Kannapolis
    $99,900
    0.85 Acres
    Residential Land in Growing Kannapolis

    Buildable lot near downtown Kannapolis with city water and sewer.

    621 Pleasant Avenue, Kannapolis, NC 28081

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    Residential Land Near Downtown
    $39,900
    0.38 Acres
    Residential Land Near Downtown

    R4-zoned land near downtown Kannapolis, ideal for building a home.

    Elwood Street, Kannapolis, NC 28081

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    Residential Land in Concord, NC
    $299,000
    3.60 Acres
    Residential Land in Concord, NC

    3.6 acre residential land parcel ready for development.

    626 Flicker Street, Concord, NC 28027

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    Kannapolis Land For Sale
    $669,500
    14.88 Acres
    Kannapolis Land For Sale

    Large lot near revitalized Kannapolis, close to amenities.

    1416 W A Street, Kannapolis, NC 28081

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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.

    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

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    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

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    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

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    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

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    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

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    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

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    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

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

    Ln St, Kannapolis, NC 28083

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

    2802 Ln St, Kannapolis, NC 28083-9223

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    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

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    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

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    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 Residential Income Properties Investment Opportunities Market Analysis

    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 22,766 square feet of properties for sale, with an estimated market value of $4,095,000.

    Sale prices for residential income 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
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    Top Commercial Asset Segments

    Multifamily properties 6
    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%

    Listings Trend

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