Location Location Location!!! Kannapolis NC is growing, and this is your chance to own a well-maintained, income-producing brick duplex just minutes from the revitalized Downtown district and Atrium Health Ballpark. Situated on a corner lot, this duplex features two 2-bedroom, 1-bath units, each just under 950 sq ft. Live in one and let the other help cover the mortgage—or rent both and enjoy steady cash flow. One unit is occupied with a lease in place and professionally managed. Updates include central air (2023), gas furnace (2019), PEX plumbing (2024), and windows (2023). Each side offers a matching layout, strong rental history, and key system upgrades already completed—making this a smart move in a high-demand area. Please use 503 Mable Ave for directions and do not disturb the tenant at 1106 Lane St.
Pick up a great portfolio consisting of 8 units, 5 homes (3 duplex, 2 SFR) in the rapidly appreciating market of downtown Kannapolis, all on the same block! The nhood features several new construction homes and rising rents. This portfolio represents over an 8% CAP rate which is hard to find, especially when so much of the work has already been done and over 60% of the rents are guaranteed! 3 of the units have new kitchens with granite counters, 4/5 of the homes have new roofs in 2024. These units are in high demand and are re-rented in under 30 days with long term tenants who are backed & guaranteed by a community health program providing very stable rental income. Come see all the new development taking place in/around Kannapolis and prepare to be impressed!
Prime location for this duplex with Mixed Complex Zoning. Units lease for $1250 each. Both units are in good condition with Hardwood floors in both units. Front porches and decks on both units.
Discover an outstanding investment opportunity in the fast-growing and revitalized Kannapolis area! This thoroughly updated duplex at 659–661 Wilson Street offers the ideal setup for investors or anyone looking to “house-hack” by living on one side while renting out the other. Both units are currently vacant. You’ll love the stylish luxury vinyl plank flooring throughout and the low-maintenance vinyl siding. Each unit includes a charming covered front and rear porch, perfect for enjoying outdoor relaxation. This property sits on a large yard, offering flexibility for outdoor living or future improvements. Located minutes from downtown Kannapolis, the Downtown Revitalization Project, shopping, schools, and daily conveniences—this is a rare chance to secure a turn-key, income-producing property in a booming market. Whether you're building your portfolio or looking to offset living expenses, this duplex is a must-see. Schedule your showing today!
Andrea Conner, License #298336, Xome Inc., License #C24582, [email protected], 844-400-9663, 750 State Highway 121 Bypass, Suite 100, Lewisville, TX 75067
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Kannapolis is located in North Carolina. Kannapolis, North Carolina has a population of 52,173. Kannapolis is less family-centric than the surrounding county with 31.56% of the households containing married families with children. The county average for households married with children is 35.91%.
The median household income in Kannapolis, North Carolina is $58,084. The median household income for the surrounding county is $75,765 compared to the national median of $69,021. The median age of people living in Kannapolis is 36.9 years.
The average high temperature in July is 89.5 degrees, with an average low temperature in January of 27.5 degrees. The average rainfall is approximately 43.7 inches per year, with 3.8 inches of snow per year.
