815 Desoto Avenue, Kannapolis NC

  • 2 Bed
  • 0.5 ac

For Sale $230,000

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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 (unsure if the fireplaces actually work) 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 (unsure if the fireplaces actually work). 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

Exterior Features:

Other - See Remarks

General Information:

List Price: $230,000
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
01-23-2026 Listed $230,000 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 $230,000 days
404 Ford Street, Kannapolis NC 0.1 mi $247,500 days
402 Ford Street, Kannapolis NC 0.1 mi $219,000 days
310 Pineview Street, Kannapolis NC 0.1 mi $229,800 days
401 Plymouth Street, Kannapolis NC 0.1 mi $174,000 days
902 Oakshade Avenue, Kannapolis NC 0.1 mi $190,000 days
1 to 6 of 155 Result

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

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  • Down Payment Amount $990,000
    Mortgage Amount $3,960,000
    Monthly Payment (Principal & Interest Only) $19,480

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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.

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    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 $230,000. This has 2 bedrooms, baths, and was built in 1945.

    Based on information submitted to the MLS GRID as of 2026-01-23 11:35:20 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.