For Sale $450,000
Approximately 6 bedrooms / 4 bathrooms 2,524 sq. ft. main house 1,000 sq. ft. permitted ADU with excellent conversion potential Main House The main house is very close to being operational as a co-living property. The remaining work is fairly minimal and primarily consists of: Adding one wall and doorway to create an additional bedroom Closing off the French doors to provide privacy for another bedroom Furnishing the home and completing a few final punch-list items Once completed, the main house would function as an 8-bedroom home, including two ensuite bedrooms, which could command premium rental rates. ADU Opportunity The property also includes a permitted ~1,000 sq. ft. ADU, creating additional upside for an investor. Potential configurations include: Phase 1: 3 bedrooms / 2 bathrooms Phase 2: Potential expansion to 6 bedrooms / 2 bathrooms, depending on the final design. Once the ADU conversion is complete, the property has the potential to generate approximately $11,300 per month in gross rental income across all 14 bedrooms. This property has strong appeal for investors looking for a co-living opportunity, especially since much of the main house is already complete while still offering significant upside through the ADU conversion.
| List Price: | $450,000 |
| Status: | For Sale |
| Bedrooms: | 4 |
| Type: | Single Family Residence |
| Approx Sq. Ft.: | 1541 sqft |
| Parking: | Attached Carport, Detached Garage |
| MLS Number: | CAR4400941 |
| Subdivision: | none |
| Bathrooms: | 2 |
| Lot Description: | Cleared, Level, Wooded |
| Year Built: | 1927 |
| Sewer Type: | Public Sewer |
| Elementary: | Unspecified |
| Middle: | Unspecified |
| High: | Unspecified |
| Date | Event | Price | $/SQFT |
| 07-21-2026 | Listed | $450,000 | $293 |
These schools are only nearby your property search, you must confirm exact assigned schools.
| School Name | Distance | Grades | Rating |
| Landis Elementary School | 2 miles | PK-05 | 1 |
| Enochville Elementary School | 3 miles | KG-05 | 4 |
| China Grove Elementary School | 3 miles | PK-05 | 2 |
| Royal Oaks Elementary | 4 miles | KG-05 | 1 |
| Bostian Elementary School | 4 miles | KG-05 | 6 |
| Charles E Boger Elementary | 6 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 |
| 2407 Main Street, Kannapolis NC | 0 mi | $450,000 | days | |
| 2410 Summit Avenue, Kannapolis NC | 0.1 mi | $234,900 | days | |
| 2412 SUMMIT Avenue, Kannapolis NC | 0.1 mi | $314,999 | days | |
| 303 Rice Street, Kannapolis NC | 0.2 mi | $197,500 | days | |
| 2809 Main Street, Kannapolis NC | 0.2 mi | $310,000 | days | |
| 2210 Cannon Boulevard, Kannapolis NC | 0.3 mi | $150,000 | 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 |
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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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| Total Monthly Payment | $20,941 |
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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.
A Courtesy Listing Provided By 10X Real Estate & Investments
2407 Main Street, Kannapolis NC is a 1541 ft2 on a 0.690 acres lot. This is for $450,000. This has 4 bedrooms, 2 baths, and was built in 1927.
Based on information submitted to the MLS GRID as of 2026-07-21 05:51:39 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.
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