$250,000

1400 Central Dr Kannapolis, NC 28083

Estimated payment $1,589/month

4 Beds
2 Baths
2,761 Sq Ft
$91 Price per Sq Ft

Highlights

  • Wood Flooring
  • No HOA
  • Central Air
  • Jackson Park Elementary School Rated 9+
  • 2 Car Detached Garage
  • Level Lot

About This Home

Rare investment opportunity with exceptional income potential in one of the Charlotte region's fastest-growing rental markets. Situated on a large lot with no HOA, this property offers multiple value-add opportunities, including the potential to create a high-income co-living or workforce housing investment. The main home requires only light finishing work, while the detached workshop presents an excellent opportunity for future ADU conversion. Additional features include a detached 2-car garage, carport, and flexible layout with potential for expanded bedroom count. Ideal for co-living, mid-term rentals, corporate housing, or buy-and-hold investors. Income projections and investment analysis are available upon request; buyers should perform their own due diligence. Additional photos, floor plans, and video walkthrough are also available.

Listing Agent

Kristen Fesnak

10X Real Estate & Investments Brokerage Email: team@10xmyre.com License #288950 Listed on: 07/10/2026

10X Real Estate & Investments

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1940

Lot Details

  • 11,326 Sq Ft Lot
  • Level Lot
  • Property is zoned R4

Parking

  • 2 Car Detached Garage
  • Driveway

Home Design

  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Wood Burning Fireplace
  • Living Room with Fireplace
  • Electric Dryer Hookup

Flooring

  • Wood
  • Carpet
  • Linoleum
  • Tile

Bedrooms and Bathrooms

  • 2 Full Bathrooms

Unfinished Basement

  • Partial Basement
  • Crawl Space

Utilities

  • Central Air
  • Heating System Uses Natural Gas

Community Details

  • No Home Owners Association
  • Jackson Park Subdivision

Listing and Financial Details

  • Assessor Parcel Number 5624-31-1690-0000

Home Details

Home Type

Single Family

Year Built

Built in 1940

Lot Details

0.26 Acres

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1940
  • Road Surface Type: Gravel, Paved
  • Unit Levels: Two
  • Ratio CurrentPrice/TotalPropertyHLA: 90.55
  • Bedroom Lower: 0
  • Geocode Confidence: High
  • Attribution Contact: team@10xmyre.com
  • Special Features: None

Interior Features

  • Foundation Details: Basement, Crawl Space
  • Fireplace: Yes
  • Flooring: Carpet, Linoleum, Tile, Wood
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 1586
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Total: 0
  • Sq Ft Upper: 1175
  • Appliances: None
  • Above Grade Finished Sq Ft: 2761
  • Has Basement: Partial, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Fireplace Features: Living Room, Wood Burning
  • Living Area: 2761
  • Bedroom Main: 2
  • Bedroom Third: 0

Exterior Features

  • New Construction: No
  • Roof: Composition
  • Construction Type: Site Built
  • Pool Private: No
  • Construction Type: Vinyl

Garage/Parking

  • Main Level Garage YN: 1
  • Carport Y N: No
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Open Parking: No
  • Parking Features: Driveway, Detached Garage

Utilities

  • Heating: Natural Gas
  • Sewer: Public Sewer
  • Laundry Features: Electric Dryer Hookup
  • Cooling: Central Air
  • Water Source: City

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Middle Or Junior School: Unspecified
  • HOA Subject To: None

Lot Info

  • Lot Features: Level
  • Lot Size Units: Acres
  • Parcel Number: 5624-31-1690-0000
  • Lot Size Acres: 0.26
  • Additional Parcels: No
  • Zoning Specification: R4

MLS Schools

  • Elementary School: Unspecified
  • High School: Unspecified

Map

Range of Values:

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Value Increase
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $2,855 $251,450 $52,000 $199,450
2024 $1,428 $251,450 $52,000 $199,450
2023 $1,143 $166,860 $32,000 $134,860
2022 $1,143 $166,860 $32,000 $134,860
2021 $1,143 $166,860 $32,000 $134,860
2020 $1,143 $166,860 $32,000 $134,860
2019 $845 $123,340 $14,000 $109,340
2018 $833 $123,340 $14,000 $109,340
2017 $820 $123,340 $14,000 $109,340
2016 $820 $130,210 $18,000 $112,210
2015 $820 $130,210 $18,000 $112,210
2014 $820 $130,210 $18,000 $112,210
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/10/2026 07/10/26 For Sale $250,000 +13.6% $91 / Sq Ft
10/16/2025 10/16/25 Sold $220,000 -2.2% $80 / Sq Ft View Prior Sale
07/05/2025 07/05/25 For Sale $225,000 -- $81 / Sq Ft
Source: Canopy MLS

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Type Sale Price Title Company
Warranty Deed $220,000 Tryon Title
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- --
Warranty Deed $67,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Loan Amount Loan Type
Closed $7,313 FHA
Closed $34,000 Stand Alone Second
Closed $6,611 Stand Alone Second
Source: Public Records

Source: Canopy MLS

MLS Number: 4400928

Canopy MLS

APN: 5624-31-1690-0000

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