Pending

406 E 18th Street

Kannapolis, NC 28083
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Bed 8

Bed

Bath 4

Bath

SqFt3,705

Sqft

Acres0.43

Acre(Lot)

Investment Opportunity ~ 4-Unit Portfolio in Kannapolis! Located at 406 E 18th Street SW, this well-positioned property features four individual units, each offering 2 bedrooms and 1 bathroom — a fantastic turnkey rental income opportunity for investors. All four units share the same functional floor plan, making management and maintenance straightforward. All units come with a refrigerator and a stackable washer and dryer. Each unit also offers a storage room and patio out back. Situated in a convenient Kannapolis location with easy access to local amenities, shopping, and major routes. Whether you’re growing your rental portfolio or looking for a stable multi-unit investment, this property offers consistent income potential in a steadily growing market. Don’t miss this chance to add a so lid rental asset to your portfolio!

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Detail Ic Property Details

Property Type : Residential Income

Price : $532,000

AD Id : 88435176

MLS Id : CAR4407875

Beds : 8

Lot Size : 0.43 Acre

Living Area Size : 3,705

Year Built : 1983

County : Rowan

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Feature Features

  • Bedroom Information

    Total Bedroom: 8

    Bathroom Information

    Full Baths: 4

    Interior Features

    Attic Other Roof: Architectural Shingle Appliances: Disposal, Electric Range, Electric Water Heater, Microwave, Refrigerator with Ice Maker, Washer/Dryer Laundry Features: Electric Dryer Hookup, In Kitchen, Lower Level, Washer Hookup

    Roofing Information

    Architectural Shingle
  • Flooring Information

    Construction Materials: Aluminum, Brick Partial, Vinyl
  • Heating & Cooling

    Heating: Electric, Heat Pump Cooling: Central Air, Electric WaterSource: City

  • Building Information

    Year Built: 1983
  • Exterior Features

    Lawn Maintenance Construction Materials: Aluminum, Brick Partial, Vinyl Foundation Details: Slab Road Responsibility: Publicly Maintained Road

  • Lot Information

    Lot Dimensions: 125x150x125x150 Lot Description: Level, Sloped Lot Size Area: 0.43 acre

    Property Information

    Property Type: Residential Income Sub Type: Fourplex Style: Traditional

  • Listing Price Information

    Original List Price:$532000

  • Tax Information

    Tax Assessed Value: 303653 Parcel Number: 159211

  • Parking Information

    Total Parking: 8 Driveway

  • School Information

    Elementary School: G.W. Carver Junior High School: Kannapolis Senior High School: A.L. Brown
  • Utility Information

    Electricity Connected Sewer: Public Sewer Water Source: City
  • Location Information

    City: Kannapolis Direction: Please refer to your GPS!
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
5391 Sapp Road, Kannapolis, NC, 28083 $274,500 3 2 1,144 1,144 SqFt
6161 Old Concord Salisb.., Kannapolis, NC, 28083 $379,000 2 2 1,593 1,593 SqFt
2964 Lane Street, Kannapolis, NC, 28083 $425,000 4 2 1,833 1,833 SqFt
3249 Elliot Jacob Avenue, Kannapolis, NC, 28083 $275,000 3 3 1,534 1,534 SqFt
4460 Mullis Road, Kannapolis, NC, 28083 $424,000 3 2 1,651 1,651 SqFt
2710 Trawler Way, Kannapolis, NC, 28083 $394,900 5 3 2,433 2,433 SqFt
2504 Glenwood Street, Kannapolis, NC, 28083 $184,999 2 1 676 676 SqFt
2555 Winfield Street, Kannapolis, NC, 28083 $310,000 3 2 1,298 1,298 SqFt
2370 Glenwood Street, Kannapolis, NC, 28083 $315,000 3 2 1,152 1,152 SqFt
2495 Centergrove Road, Kannapolis, NC, 28083 $319,900 5 1 2,355 2,355 SqFt
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ByOwner last updated this listing 07/29/2026 @ 06:20

MLS: CAROLINA #4407875 LISTED BY: Nicole Redmond, NorthGroup Real Estate LLC 704-412-2804 SOURCE: CAROLINA (Canopy MLS) (Listings courtesy of CAROLINA (Canopy MLS) as distributed by MLS GRID)

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