2407 N Main St Kannapolis, NC 28081
China Grove AreaEstimated payment $2,341/month
Highlights
- 0.69 Acre Lot
- No HOA
- Laundry Room
- Wooded Lot
- 2 Car Detached Garage
- Tile Flooring
About This Home
Approximately 6 bedrooms / 4 bathrooms
2,524 sq. ft. main house
1,000 sq. ft. permitted ADU with excellent conversion potential
Main House
The main house is very close to being operational as a co-living property. The remaining work is fairly minimal and primarily consists of:
Adding one wall and doorway to create an additional bedroom
Closing off the French doors to provide privacy for another bedroom
Furnishing the home and completing a few final punch-list items
Once completed, the main house would function as an 8-bedroom home, including two ensuite bedrooms, which could command premium rental rates.
ADU Opportunity
The property also includes a permitted ~1,000 sq. ft. ADU, creating additional upside for an investor.
Potential configurations include:
Phase 1: 3 bedrooms / 2 bathrooms
Phase 2: Potential expansion to 6 bedrooms / 2 bathrooms, depending on the final design.
Once the ADU conversion is complete, the property has the potential to generate approximately $11,300 per month in gross rental income across all 14 bedrooms.
This property has strong appeal for investors looking for a co-living opportunity, especially since much of the main house is already complete while still offering significant upside through the ADU conversion.
Listing Agent
10X Real Estate & Investments Brokerage Email: team@10xmyre.com License #288950 Listed on: 07/10/2026
Home Details
Home Type
- Single Family
Year Built
- Built in 1927
Lot Details
- 30,056 Sq Ft Lot
- Level Lot
- Cleared Lot
- Wooded Lot
- Property is zoned RV
Parking
- 2 Car Detached Garage
- 1 Attached Carport Space
- 4 Open Parking Spaces
Home Design
- Architectural Shingle Roof
- Vinyl Siding
Interior Spaces
- 2-Story Property
- Ceiling Fan
- Insulated Windows
- Crawl Space
Flooring
- Carpet
- Laminate
- Tile
Bedrooms and Bathrooms
- 2 Full Bathrooms
Laundry
- Laundry Room
- Laundry on main level
Utilities
- Central Air
- Heat Pump System
- Heating System Uses Natural Gas
Community Details
- No Home Owners Association
Listing and Financial Details
- Assessor Parcel Number 160044
Map
Home Values in the Area
Average Home Value in this Area
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 |
|---|---|---|---|---|
| 2026 | $2,610 | $215,715 | $53,100 | $162,615 |
| 2025 | $2,610 | $215,715 | $53,100 | $162,615 |
| 2024 | $2,610 | $215,715 | $53,100 | $162,615 |
| 2023 | $1,336 | $215,715 | $53,100 | $162,615 |
| 2022 | $2,000 | $155,356 | $41,300 | $114,056 |
| 2021 | $2,000 | $155,356 | $41,300 | $114,056 |
| 2020 | $2,000 | $155,356 | $41,300 | $114,056 |
| 2019 | $2,000 | $155,356 | $41,300 | $114,056 |
| 2018 | $1,763 | $138,467 | $41,300 | $97,167 |
| 2017 | $1,768 | $138,467 | $41,300 | $97,167 |
| 2016 | $1,768 | $138,467 | $41,300 | $97,167 |
| 2015 | $1,795 | $138,467 | $41,300 | $97,167 |
| 2014 | $1,673 | $133,408 | $30,680 | $102,728 |
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 |
|---|---|---|---|---|---|
| 09/13/2026 09/13/26 | Price Changed | $400,000 | -7.0% | $158 / Sq Ft | |
| 08/26/2026 08/26/26 | Price Changed | $430,000 | -4.4% | $170 / Sq Ft | |
| 07/10/2026 07/10/26 | For Sale | $450,000 | +46.1% | $178 / Sq Ft | |
| 10/17/2025 10/17/25 | Sold | $308,000 | -4.0% | $122 / Sq Ft | View Prior Sale |
| 08/04/2025 08/04/25 | For Sale | $321,000 | -- | $127 / Sq Ft |
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 | $308,000 | Austin Title | |
| Deed | $3,500 | -- |
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 | $20,000 | Construction | |
| Open | $321,750 | Construction | |
| Previous Owner | $40,231 | Unknown | |
| Previous Owner | $137,800 | Credit Line Revolving |
Source: Canopy MLS
MLS Number: 4400941
APN: 160-044
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Listings courtesy of Canopy MLS as distributed by MLS GRID
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