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$1,725,000

  • Sold
  • Closed
  • Single Family
  • 14 Beds
  • 14 Full Baths
  • 9,216 Sq. Ft.
  • 1 Car Garage
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100% occupied with a current rent roll of $186,840 per year, 49 Corban Ave is an irreplaceable 14-unit multifamily asset located in the heart of Downtown Concord. The property offers a rare combination of in-place income and meaningful upside, with room to continue increasing rents to market. Full of timeless character and tasteful updates, the property features 9 of 14 units already renovated with modern finishes, along with significant capital improvements completed by current ownership. Positioned directly adjacent to the Downtown Concord Social District and surrounded by over $200M in completed and ongoing public and private investment, 49 Corban Ave offers investors a rare opportunity to own a generational downtown corner asset with in-place cash flow and a clear path to continued NOI growth.

Full Property Details for 49 Corban Ave SW

General

  • Sold For: $1,725,000
  • Status: Closed
  • Type: Single Family
  • Source: Charlotte_Regional_Realtor_Association
  • MLS ID: 4382158
  • Added to Site: 148 day(s) ago

Interior

  • Appliances: Electric Range, Refrigerator

Rooms

Bathrooms

  • Total Bathrooms: 14
  • Full Bathrooms: 14

Bedrooms

  • Total Bedrooms: 14

Parking

  • Garage: Yes
  • Garage Spaces: 1
  • Parking Features: Parking Lot

Location

  • County: Cabarrus

Community

  • Pets Allowed: Yes
  • Pets: Conditional

Heating & Cooling

  • Cooling Type: Window Unit(s)
  • Heating Type: Natural Gas, Other - See Remarks

Utilities

  • Sewer: Public Sewer
  • Water: City

Structural Information

  • Construction: Site Built
  • Exterior Const.: Brick Full
  • Basement: Yes
  • Basement Desc.: Apartment, Basement Garage Door, Basement Shop, Partially Finished, Storage Space
  • Roof: Architectural Shingle, Rubber
  • Square Feet: 9,216
  • Year Built: 1927

Lot Features

  • Street/Road Desc.: Asphalt, Paved
  • Rcmdd Zoning: RC

Disclosures and Reports

  • Property ID: 5620-96-1902-0000
  • Lot Number: 16776-363

Listed by Britt Commercial Real Estate, LLC
Sold by Canopy Administration

Listing agent

— 49 Corban Ave SW —

  • Britt Commercial Real Estate, LLC

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 49 Corban Ave SW

School District:Cabarrus County Schools
NameGradesDistance
R B Mcallister Elementary
541 Sunnyside Drive Southeast, Concord, NC 28025
K-51.1 mi
Concord Middle
1500 Goldrush Drive, Concord, NC 28025
6-81.9 mi
Concord High
481 Burrage Road Northeast, Concord, NC 28025
9-121.7 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 49 Corban Ave SW

Date
Details
Price
Change
Source
9/18/2026
Sold
$1,725,000
-9.21%
MLS
5/14/2026
Listed
$1,900,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Listed by Britt Commercial Real Estate, LLC
Sold by Canopy Administration

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49 Corban Avenue SW, Concord, NC 28025 (MLS# 4382158) is a Single Family property that was sold at $1,725,000 on September 18, 2026. Want to learn more about 49 Corban Avenue SW? Do you have questions about finding other Single Family real estate for sale in Concord? You can browse all Concord real estate or contact a Coldwell Banker agent to request more information.