$532,000

406 E 18th St Unit 29-33 Kannapolis, NC 28083

China Grove Area

Estimated payment $3,431/month

8 Beds
8 Baths
3,705 Sq Ft
$144 Price per Sq Ft

Highlights

  • Traditional Architecture
  • No HOA
  • Living Room
  • Lawn
  • Patio
  • Laundry Room

About This Home

Investment Opportunity ~ 4-Unit Townhome Portfolio in Kannapolis! Located at 406 E 18th Street SW, this well-positioned property features four individual townhomes, each offering 2 bedrooms and 1.5 bathrooms — 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 solid rental asset to your portfolio!

Listing Agent

Nicole Redmond

NorthGroup Real Estate LLC Brokerage Email: nickyredmond2@gmail.com License #302407 Listed on: 07/26/2026

NorthGroup Real Estate LLC

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1983

Lot Details

  • 18,731 Sq Ft Lot
  • Level Lot
  • Lawn

Home Design

  • Traditional Architecture
  • Brick Exterior Construction
  • Slab Foundation
  • Architectural Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 3,705 Sq Ft Home
  • Property has 2 Levels
  • Living Room
  • Dining Area

Kitchen

  • Electric Range
  • Microwave
  • Disposal

Bedrooms and Bathrooms

  • 8 Bedrooms

Laundry

  • Laundry Room
  • Washer and Dryer

Parking

  • 8 Parking Spaces
  • 2 Parking Garage Spaces
  • Driveway

Outdoor Features

  • Patio

Schools

  • G.W. Carver Elementary School
  • Kannapolis Middle School
  • A.L. Brown High School

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • The owner pays for exterior maintenance, - see remarks
  • Assessor Parcel Number 159211

Property Details

Home Type

Multi-Family

Year Built

Built in 1983

Lot Details

0.43 Acres

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Fourplex
  • Architectural Style: Traditional
  • Year Built: 1983
  • Restrictions: No Representation
  • Special Assessment Yn: 0
  • Proposed Special Assessment Yn: 0
  • Road Surface Type: Asphalt, Paved
  • Geocode Confidence: High
  • Attribution Contact: nickyredmond2@gmail.com
  • Special Features: None
  • Stories: 2

Interior Features

  • Foundation Details: Slab
  • Fireplace: No
  • Room Other: Primary Bedroom,Bedroom(s),Bathroom(s),Kitchen,Living Room,Dining Area
  • Appliances: Disposal, Electric Range, Electric Water Heater, Microwave, Refrigerator, Washer/Dryer
  • Owner Pays: Exterior Maintenance, Other - See Remarks
  • Above Grade Finished Sq Ft: 3705
  • Basement YN: No
  • Full Bathrooms: 4
  • Half Bathrooms: 4
  • Total Bedrooms: 8
  • Living Area: 3705
  • Building Stories: 2
  • Unit Type Features: Storage
  • Unit Type Features: Storage
  • Unit Type Features: Storage
  • Unit Type Features: Storage

Exterior Features

  • Exterior Features: Lawn Maintenance
  • New Construction: No
  • Roof: Architectural Shingle
  • Construction Type: Site Built
  • Pool Private: No
  • Construction Type: Aluminum, Brick Partial, Vinyl
  • Other Structures: None
  • Patio And Porch Features: Patio

Garage/Parking

  • Total Parking Spaces: 8
  • Main Level Garage YN: 0
  • Carport Y N: No
  • Garage Yn: No
  • Open Parking: No
  • Parking Features: Driveway
  • Assigned Spaces: 2

Utilities

  • Heating: Electric, Heat Pump
  • Sewer: Public Sewer
  • Laundry Features: Electric Dryer Hookup, In Kitchen, Lower Level, Washer Hookup
  • Security: Smoke Detector(s)
  • Cooling: Central Air, Electric
  • Utilities: Electricity Connected
  • Water Source: City

Condo/Co-op/Association

  • Community Features: Sidewalks
  • Hoa Subject To Dues: No
  • Senior Community: No
  • Association: No

Schools

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

Lot Info

  • Lot Features: Level, Sloped
  • Lot Size Units: Acres
  • Parcel Number: 159211
  • Zoning: R-8SF
  • Plat Book Slide: 9995/507
  • Plat Reference Section Pages: 9995/507
  • Horse Amenities: None
  • Lot Size Acres: 0.43
  • Additional Parcels: No
  • Zoning Specification: R-8

Rental Info

  • Tenant Pays: All Utilities
  • Pets Allowed: Conditional

Multi Family

  • Number Of Units Total: 4

MLS Schools

  • Elementary School: G.W. Carver
  • High School: A.L. Brown

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

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
07/26/2026 07/26/26 For Sale $532,000 -- $144 / Sq Ft
Source: Canopy MLS

About the Listing Agent

Nicole Redmond
Nicole Redmond

NorthGroup Real Estate LLC

(704) 946-5601

Section Image

Learn about local area neighborhoods and the best places to live in the greater Charlotte area. Nicole offers a wealth of useful Real Estate information for home buyers and sellers on her website! Before individuals buy or sell a home, it is recommended that they either contact her or view the current market information on her website.
Her website is intended to supply individuals with the most recent Real Estate market information for Concord, Kannapolis, Harrisburg, Mount Pleasant,

View Nicole's Profile

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  • 138 Tetbury Ave NE, Concord, NC 28025

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    This adorable 3 bedroom, 2.5 bathroom split bedroom ranch is one you don't want to miss out on. This is the kind of home that makes you want to host everything—birthday parties, backyard barbecues, even random Tuesday night gatherings. The front porch sets the tone, the open living room invites you inside and the farmhouse sink, plus island seating, make the kitchen the real MVP. Out back? The

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  • 0 Old Holland Rd, Charlotte, NC 28262

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  • 8600 Lee St, Mount Pleasant, NC 28124

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    Welcome to 8600 Lee Street — where timeless Southern charm meets modern comforts. Tucked in the heart of Mount Pleasant, this 3-bedroom, 2.5-bath gem is move-in ready and packed with style. Step inside and discover a bright, open-concept living area, perfect for entertaining or cozy nights in. The kitchen shines with white cabinetry,a large breakfast bar, and stainless appliances, flowing

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  • 2381 Wester Holt Ct, Mount Pleasant, NC 28124

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    Welcome to 2381 Westerholt Court, tucked away on a quiet cul-de-sac in the highly sought after, NO HOA, Oldenburg Estates neighborhood. Located right in the heart of Mount Pleasant. This well-maintained home offers a thoughtful layout designed for everyday living and easy entertaining. Enjoy bright, open living spaces, a functional kitchen, and comfortable bedrooms that provide room to relax and

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Source: Canopy MLS

MLS Number: 4407875

Canopy MLS
North Carolina Rowan County Kannapolis 28083

406 E 18th St Unit 29-33, Kannapolis, NC

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Canopy MLS 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.
Based on information submitted to the MLS GRID
Listings courtesy of Canopy MLS as distributed by MLS GRID

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Nicole Redmond
Nicole Redmond
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NorthGroup Real Estate LLC
(704) 946-5601
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