For Sale $230,000
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
Other - See Remarks
| 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 |
| Elementary: | Forest Park |
| Middle: | Kannapolis |
| High: | A.L. Brown |
| Date | Event | Price | $/SQFT |
| 01-23-2026 | Listed | $230,000 | N/A |
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.
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 |
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 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
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