815 Desoto Avenue, Kannapolis NC
- 2 Bed
- 0.5 ac
For Sale $215,000
Remarks:
INVESTOR SPECIAL | High-Yield Potential in the Revitalized Kannapolis areas. Seize a rare value-add opportunity in one of the fastest-growing submarkets of the Charlotte metro area. This income-producing duplex is strategically located just blocks from the revitalized Downtown Kannapolis district, Atrium Health Ballpark, and the NC Research Campus. Situated on a sprawling 0.49-acre lot, this property offers the perfect footprint for a high-equity renovation or a long-term buy-and-hold strategy. The Opportunity: Dual Income Streams: Two distinct units provide flexible rental options or a "house hack" opportunity. Massive Lot (0.49 Acres): Significant outdoor space with 2 detached storage sheds, offering additional value or potential for tenant storage. Strategic Location: Premium proximity to the Cannon Ballers stadium and the booming social district ensures high tenant demand and long-term appreciation. Proven History: Long-term rental history with significant "as-is" upside, tenants just moved out. Unit Breakdown: Unit A (Left 725 sq ft):Side rear entry, laundry room, kitchen with a small eat-in space, electric range and refrigerator, and a primary bedroom featuring a fireplace and dining/living room. Unit B (Right 611 sq ft ): Rear entry, laundry space (washer/dryer included as gift), kitchen has a an electric range, refrigerator and microwave, eating areas, living room and primary bedroom with window unit and fireplace. This is being Sold AS-IS. This is a true "bones and location" property with great income potential. Professional photography will be uploaded later this week. Original fireplaces in the units are not sure if they work according to the seller, the heating a cooling come from either the window units in one unit which provides both heat and cool and the other unit has a window unit for cooling and a fireplace type unit sitting in front of the other fireplace that provided heat for that unit.
Exterior Features:
Other - See Remarks
General Information:
| List Price: | $215,000 |
| Status: | For Sale |
| Bedrooms: | 2 |
| Type: | Duplex |
| Parking: | Detached Carport, Driveway, Parking Space(s), Shared Driveway, Other - See Remarks |
| MLS Number: | CAR4335383 |
| Style: | Ranch |
| Lot Description: | Cleared, Hilly, Level |
| Year Built: | 1945 |
| Sewer Type: | Public Sewer |
Assigned Schools:
| Elementary: | Forest Park |
| Middle: | Kannapolis |
| High: | A.L. Brown |
Price & Sales History
| Date | Event | Price | $/SQFT |
| 03-20-2026 | Listed | $315,000 | N/A |
| 02-05-2026 | Price Decrease | $594,900-0.83% | N/A |
| 01-30-2026 | Price Decrease | $599,900-1.64% | N/A |
| 01-19-2026 | Price Decrease | $609,900-0.83% | N/A |
| 01-13-2026 | Price Decrease | $615,000-1.60% | N/A |
| 01-07-2026 | Price Decrease | $625,000-0.78% | N/A |
| 12-27-2025 | Price Decrease | $629,900-1.56% | N/A |
| 12-16-2025 | Price Decrease | $639,900-1.55% | N/A |
| 12-05-2025 | Price Decrease | $650,000-1.50% | N/A |
| 12-02-2025 | Price Decrease | $659,900-0.77% | N/A |
| 11-27-2025 | Price Decrease | $665,000-0.73% | N/A |
| 11-22-2025 | Price Decrease | $669,900-4.29% | N/A |
| 05-09-2025 | Listed | $699,900 | N/A |
Nearby Schools
These schools are only nearby your property search, you must confirm exact assigned schools.
| School Name | Distance | Grades | Rating |
| Royal Oaks Elementary | 1 miles | KG-05 | 1 |
| Charles E Boger Elementary | 3 miles | KG-05 | 8 |
| Beverly Hills Elementary | 4 miles | KG-05 | 6 |
| Enochville Elementary School | 4 miles | KG-05 | 4 |
| Landis Elementary School | 5 miles | PK-05 | 1 |
| Bostian Elementary School | 5 miles | KG-05 | 6 |
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 |
| 815 Desoto Avenue, Kannapolis NC | 0 mi | $215,000 | days | |
| 1011 Buick Avenue, Kannapolis NC | 0.2 mi | $209,990 | days | |
| 1004 Ridge Avenue, Kannapolis NC | 0.2 mi | $120,000 | days | |
| 6351 Lopez Court, Kannapolis NC | 0.7 mi | $379,900 | days | |
| 616 Barlow Avenue, Kannapolis NC | 0.7 mi | $285,000 | days | |
| 1615 Eastwood Drive, Kannapolis NC | 0.8 mi | $654,900 | 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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Mortgage Calculator
| 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 |
Demographic Data For Zip 28083
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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 Keller Williams Lake Norman
815 Desoto Avenue, Kannapolis NC is a ft2 on a 0.490 acres lot. This is for $215,000. This has 2 bedrooms, baths, and was built in 1945.
Based on information submitted to the MLS GRID as of 2026-04-20 11:15:15 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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