For Sale $225,000
Open house was cancelled. We are opening ShowingTime, please allow 24h to confirm your appointment. Fantastic investment or owner occupant opportunity priced well below market value! This recently renovated ranch in Kannapolis is a true turnkey rental, ideal for investors seeking immediate cash flow. The home features recent updates including new appliances and offers a functional, single-level layout that appeals to long-term tenants. Currently occupied by a great tenant, this property provides stable, reliable income from day one. Strong financials make this an attractive addition to any portfolio: Monthly rent: $1,650 Annual income: $19,800 Estimated annual expenses: $3,000 (taxes + insurance) Net Operating Income: $16,800 annually Conveniently located near shopping, dining, and everyday essentials, the property combines investor-friendly numbers with a location tenants love. A solid, low-maintenance opportunity with immediate returns in a growing area—don’t miss it! Agents, please read agent remarks for showing process.
| List Price: | $225,000 |
| Status: | For Sale |
| Bedrooms: | 3 |
| Type: | Single Family Residence |
| Approx Sq. Ft.: | 1679 sqft |
| Parking: | Driveway, Detached Garage |
| MLS Number: | CAR4365245 |
| Subdivision: | None |
| Bathrooms: | 2 |
| Lot Description: | Cleared, Level |
| Year Built: | 1930 |
| Sewer Type: | County Sewer |
| Elementary: | Unspecified |
| Middle: | Unspecified |
| High: | Unspecified |
| Date | Event | Price | $/SQFT |
| 05-10-2026 | Listed | $225,000 | $135 |
| 04-08-2026 | Listed | $325,000 | $194 |
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 |
| Bostian Elementary School | 4 miles | KG-05 | 6 |
| Royal Oaks Elementary | 4 miles | KG-05 | 1 |
| Millbridge Elementary School | 5 miles | PK-05 | 4 |
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 |
| 2909 Glendale Avenue, Kannapolis NC | 0 mi | $225,000 | days | |
| 2703 Glendale Avenue, Kannapolis NC | 0.2 mi | $169,900 | days | |
| 3133 Clermont Avenue, Kannapolis NC | 0.2 mi | $295,000 | days | |
| 275 Airport Road, Kannapolis NC | 0.2 mi | $295,000 | days | |
| 2809 Main Street, Kannapolis NC | 0.3 mi | $310,000 | days | |
| 2410 Summit Avenue, Kannapolis NC | 0.4 mi | $234,900 | 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 |
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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 |
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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 Keller Williams Connected
2909 Glendale Avenue, Kannapolis NC is a 1679 ft2 on a 0.200 acres lot. This is for $225,000. This has 3 bedrooms, 2 baths, and was built in 1930.
Based on information submitted to the MLS GRID as of 2026-05-10 10:41:42 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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