For Sale $1,900,000
100% occupied with a current rent roll of $186,840 per year, 49 Corban Ave is an irreplaceable 14-unit multifamily asset located in the heart of Downtown Concord. The property offers a rare combination of in-place income and meaningful upside, with room to continue increasing rents to market. Full of timeless character and tasteful updates, the property features 9 of 14 units already renovated with modern finishes, along with significant capital improvements completed by current ownership. Positioned directly adjacent to the Downtown Concord Social District and surrounded by over $200M in completed and ongoing public and private investment, 49 Corban Ave offers investors a rare opportunity to own a generational downtown corner asset with in-place cash flow and a clear path to continued NOI growth.
| List Price: | $1,900,000 |
| Status: | For Sale |
| Bedrooms: | 14 |
| Type: | Apartment |
| Parking: | Parking Lot |
| MLS Number: | CAR4382158 |
| Year Built: | 1927 |
| Sewer Type: | Public Sewer |
| Elementary: | Unspecified |
| Middle: | Unspecified |
| High: | Unspecified |
| Date | Event | Price | $/SQFT |
| 06-07-2026 | Listed | $1,900,000 | N/A |
These schools are only nearby your property search, you must confirm exact assigned schools.
| School Name | Distance | Grades | Rating |
| Coltrane-Webb Elementary | 0 miles | KG-05 | 5 |
| R Brown McAllister Elementary | 1 miles | KG-05 | 4 |
| W M Irvin Elementary | 2 miles | PK-05 | 2 |
| Beverly Hills Elementary | 2 miles | KG-05 | 6 |
| Weddington Hills Elementary | 4 miles | KG-05 | 6 |
| Royal Oaks Elementary | 4 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.
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 |
| 49 Corban Avenue, Concord NC | 0 mi | $1,900,000 | days | |
| 154 Union Street, Concord NC | 0.1 mi | $699,900 | days | |
| 147 White Street, Concord NC | 0.2 mi | $285,000 | days | |
| 94 James Street, Concord NC | 0.3 mi | $269,000 | days | |
| 144 Princess Avenue, Concord NC | 0.3 mi | $250,000 | days | |
| 70 Washington Lane, Concord NC | 0.3 mi | $582,500 | 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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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 Britt Commercial Real Estate, LLC
49 Corban Avenue, Concord NC is a ft2 on a 0.436 acres Appraisal lot. This is for $1,900,000. This has 14 bedrooms, baths, and was built in 1927.
Based on information submitted to the MLS GRID as of 2026-06-07 09:15:07 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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