For Sale $319,000
TWO GARAGE Duplex Investment Opportunity in Kannapolis—the property is 2 miles from the growing downtown of Kannapolis -- located off of N Main Street. This duplex has TWO GARAGES on the bottom level. One garage is occupied. The other garage can generate extra income by being rented. This investment property has steady income, with additional income yet to be generated by the garage. Both units have two bedrooms and one bathroom. Long term tenants in both units. Tenants pay for their own utilities. Washers and dryers belong to the tenants. Refrigerator in 229 Pethel belongs to the tenant. Schools are per https://www.cabarruscounty.us/Government/Departments/GIS/KCS-Lookup PLEASE DO NOT DISTURB TENANTS No showings till under contract
| List Price: | $319,000 |
| Status: | For Sale |
| Bedrooms: | 4 |
| Type: | Duplex |
| Parking: | Attached Garage, Garage Faces Rear, Garage Faces Side, Parking Space(s) |
| MLS Number: | CAR4418623 |
| Year Built: | 1928 |
| Sewer Type: | Public Sewer |
| Elementary: | G.W. Carver |
| Middle: | Kannapolis |
| High: | A.L. Brown |
| Date | Event | Price | $/SQFT |
| 09-08-2026 | Listed | $319,000 | N/A |
| 11-26-2025 | Listed | $500,000 | N/A |
These schools are only nearby your property search, you must confirm exact assigned schools.
| School Name | Distance | Grades | Rating |
| Landis Elementary School | 3 miles | PK-05 | 1 |
| Enochville Elementary School | 3 miles | KG-05 | 4 |
| Royal Oaks Elementary | 3 miles | KG-05 | 1 |
| China Grove Elementary School | 4 miles | PK-05 | 2 |
| Bostian Elementary School | 4 miles | KG-05 | 6 |
| Charles E Boger Elementary | 5 miles | KG-05 | 8 |
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.
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 |
| 227/229 Pethel Street, Kannapolis NC | 0 mi | $319,000 | days | |
| 233 Pethel Street, Kannapolis NC | 0 mi | $204,900 | days | |
| 411 Alpine Street, Kannapolis NC | 0 mi | $420,000 | days | |
| 212 Pethel Street, Kannapolis NC | 0.1 mi | $259,900 | days | |
| 241 Pethel Street, Kannapolis NC | 0.1 mi | $159,900 | days | |
| 400 Alpine Street, Kannapolis NC | 0.1 mi | $349,900 | days |
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 |
Powered by Google Maps
| Down Payment Amount | $990,000 |
| Mortgage Amount | $3,960,000 |
| Monthly Payment (Principal & Interest Only) | $19,480 |
* Expand Calculator (incl. monthly expenses)
| Property Taxes |
$
|
| H.O.A. / Maintenance |
$
|
| Property Insurance |
$
|
| Total Monthly Payment | $20,941 |
|
Occupancy Types |
|
Transportation to Work |
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.
A Courtesy Listing Provided By Redwood Realty Group LLC
227/229 Pethel Street, Kannapolis NC is a ft2 on a 0.320 acres Appraisal lot. This is for $319,000. This has 4 bedrooms, baths, and was built in 1928.
Based on information submitted to the MLS GRID as of 2026-09-08 19:46:08 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.
Click here for more information
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.