161 Cannon Avenue, Concord NC
- 6 Bed
- 0.2 ac
For Sale $375,000
Remarks:
Check out this amazing DUPLEX located on the corner of Cook and Cannon in the heart of Concord. Multi-unit properties like this are incredibly rare. Ideally located near Downtown Concord, Gibson Mill, Concord Mills, hospitals, Charlotte, major highways and more! Completely renovated and permitted in 2024, this duplex is bringing in close to $40,000 annually... what a true CASH COW! Rents are $1,680/month for 161 Cannon and $1,670/month for 506 Cook St. Both tenants are current and happy. This property was taken down to the studs and fully upgraded, even expanding the original layout. Each unit is a spacious 3-bedroom, 1-bath, with separate water and electric meters and individual washer/dryer hookups. 2024 updates include: electrical system, plumbing, windows, attic insulation, siding, wall insulation & sheetrock, flooring, cabinets, vanities, light fixtures, and a new architectural roof. All appliances to convey except washer and dryer are tenants. Please respect the tenants’ privacy—no showings until a contract is negotiated and signed. All tenants are currently on a month-to-month lease.
Exterior Features:
Lawn Maintenance
General Information:
| List Price: | $375,000 |
| Status: | For Sale |
| Bedrooms: | 6 |
| Type: | Duplex |
| Parking: | Driveway, On Street |
| MLS Number: | CAR4326767 |
| Lot Description: | Corner Lot |
| Year Built: | 1935 |
| Sewer Type: | Public Sewer |
Assigned Schools:
| Elementary: | Beverly Hills |
| Middle: | Concord |
| High: | Concord |
Lane Yates
704-232-7238
Broker In Charge
Price & Sales History
| Date | Event | Price | $/SQFT |
| 12-07-2025 | Under Contract | $375,000 | N/A |
| 12-03-2025 | Price Decrease | $375,000-5.06% | N/A |
| 05-27-2025 | Listed | $395,000 | N/A |
Nearby Schools
These schools are only nearby your property search, you must confirm exact assigned schools.
| School Name | Distance | Grades | Rating |
| Beverly Hills Elementary | 1 miles | KG-05 | 6 |
| Coltrane-Webb Elementary | 1 miles | KG-05 | 5 |
| R Brown McAllister Elementary | 2 miles | KG-05 | 4 |
| W M Irvin Elementary | 3 miles | PK-05 | 2 |
| Weddington Hills Elementary | 3 miles | KG-05 | 6 |
| Royal Oaks Elementary | 3 miles | KG-05 | 1 |
Source is provided by local and state governments and municipalities and is subject to change without notice, and is not guaranteed to be up to date or accurate.
Properties For Sale Nearby
Mileage is an estimation calculated from the property results address of your search. Driving time will vary from location to location.
| Street Address | Distance | Status | List Price | Days on Market |
| 161 Cannon Avenue, Concord NC | 0 mi | $375,000 | days | |
| 172 Brookwood Avenue, Concord NC | 0.1 mi | $368,300 | days | |
| 502 Allison Street, Concord NC | 0.1 mi | $225,000 | days | |
| 183 Brookwood Avenue, Concord NC | 0.1 mi | $249,000 | days | |
| 528 Gibson Drive, Concord NC | 0.1 mi | $294,900 | days | |
| 537 Allison Street, Concord NC | 0.1 mi | $298,900 | days |
Sold Properties Nearby
Mileage is an estimation calculated from the property results address of your search. Driving time will vary from location to location.
| Street Address | Distance | Property Type | Sold Price | Property Details |
Commute Distance & Time
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| Down Payment Amount | $990,000 |
| Mortgage Amount | $3,960,000 |
| Monthly Payment (Principal & Interest Only) | $19,480 |
* Expand Calculator (incl. monthly expenses)
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| H.O.A. / Maintenance |
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| Property Insurance |
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| Total Monthly Payment | $20,941 |
Demographic Data For Zip 28025
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Source is provided by local and state governments and municipalities and is subject to change without notice, and is not guaranteed to be up to date or accurate.
Property Listing Information
A Courtesy Listing Provided By Branch Wealth Partners, LLC
161 Cannon Avenue, Concord NC is a ft2 on a 0.170 acres lot. This is for $375,000. This has 6 bedrooms, baths, and was built in 1935.
Based on information submitted to the MLS GRID as of 2025-05-27 10:05:57 EST. All data is
obtained from various sources and may not have been verified by broker or MLS GRID. Supplied
Open House Information is subject to change without notice. All information should be independently
reviewed and verified for accuracy. Properties may or may not be listed by the office/agent
presenting the information. Some IDX listings have been excluded from this website.
Properties displayed may be listed or sold by various participants in the MLS.
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Neither Yates Realty nor any listing broker shall be responsible for any typographical errors, misinformation, or misprints, and they shall be held totally harmless from any damages arising from reliance upon this data. This data is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties they may be interested in purchasing.
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