Active
MLS# CAR4426175 · 0 days on market
517 Denver Street
Kannapolis, NC 28083
$750,000$156/sqft
Beds6
Baths6
Sq Ft4,800
Lot1 ac
$/SqFt$156
DOM0
Architectural Narrative
Great duplex rental portfolio in the rapidly appreciating market of downtown Kannapolis. All units on the same block. The nhood features several new construction homes and rising rents. This portfolio represents over an 8% CAP rate which is hard to find, especially when so much of the work has already been done and 50% of the rents are guaranteed! 3 of the units have new kitchens with granite counters, 2/3 of the duplexes have new roofs in 2024. These units are in high demand and are re-rented in under 30 days with long term tenants. Come see all the new development taking place in/around Kannapolis and prepare to be impressed!
At a Glance
Bedrooms6
Full Baths6
Half Baths0
Property TypeDuplex
StyleBungalow
Year Built1940
Community & Resources
County
Cabarrus
NC · 28083
$/SqFt
$156
Listed price basis
Property Facts
- Property Type
- Duplex
- Year Built
- 1940
- Living Area (SqFt)
- 4,800
- Above Grade SqFt
- 4,800
- Full Bathrooms
- 6
- Lot Size
- 1 acres
- Zoning
- res
- Parcel #
- 56139934380000
Appliances
DryerElectric OvenElectric RangeElectric Water Heater
Heating, Cooling & Utilities
- Heating
- Baseboard, Central, Electric
- Cooling
- Ceiling Fan(s), Central Air, Varies by Unit, Window Unit(s)
- Laundry
- In Kitchen
- Water Source
- City
- Sewer
- Public Sewer
Exterior & Parking
- Architectural Style
- Bungalow
- Construction
- Hardboard Siding
- Foundation
- Crawl Space
- Parking
- Parking Space(s)
Gallery
Listing courtesy of Realty One Group Revolution · Logan Abrams · Listed 09/18/2026
Listings courtesy of Canopy MLS as distributed by MLS GRID. Information is deemed reliable but not guaranteed. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Properties displayed may be listed or sold by various participants in the MLS. Data last updated recently. © 2026 MLS members. All rights reserved.
517 Denver Street
Kannapolis, NC · $750,000