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$532,000
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Property Description
Investment Opportunity ~ 4-Unit Portfolio in Kannapolis! Located at 406 E 18th Street SW, this well-positioned property features four individual units, each offering 2 bedrooms and 1 bathroom - 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!
Full Property Details
Full Property Details for 406 E 18th St
General
- Sold For: $532,000
- Status: Closed
- Type: Single Family
- Source: Charlotte_Regional_Realtor_Association
- MLS ID: 4407875
- Added to Site: 20 day(s) ago
Interior
- Interior Features: Attic Other
- Appliances: Disposal, Electric Range, Electric Water Heater, Microwave, Refrigerator with Ice Maker, Washer/Dryer
Rooms
Bathrooms
- Total Bathrooms: 4
- Full Bathrooms: 4
Bedrooms
- Total Bedrooms: 8
Other Rooms
- Laundry: Electric Dryer Hookup, In Kitchen, Lower Level, Washer Hookup
Additional Information
- Shared Amenities: Sidewalks
Exterior
- Exterior Features: Lawn Maintenance
Parking
- Assigned Spaces: 2
- Parking Features: Driveway
Location
- County: Rowan
- Driving Directions: Please refer to your GPS!
School Information
- Elementary School: G.W. Carver
- Middle School: Kannapolis
- High School: A.L. Brown
Heating & Cooling
- Cooling Type: Central Air, Electric
- Heating Type: Electric, Heat Pump
Utilities
- Sewer: Public Sewer
- Water: City
- Utility Description: Electricity Connected
Structural Information
- Architectural Style: Traditional
- Construction: Site Built
- Exterior Const.: Aluminum, Brick Partial, Vinyl
- Roof: Architectural Shingle
- Square Feet: 3,705
- Year Built: 1983
Lot Features
- Lot Dimensions: 125 x 150 x 125 x 150
- Street/Road Desc.: Asphalt, Paved
- Lot Features: Level, Sloped
- Rcmdd Zoning: R-8SF
Horse Property
- Horse Facility Desc.: None
Financial Considerations
- Terms: Cash, Conventional
- Tenant Pays: All Utilities
Disclosures and Reports
- Restrictions: No Representation
- Property ID: 159211
- Plat: 9995/507
- Lot Number: 727-87
Listed by NorthGroup Real Estate LLC
Sold by Redwood Realty Group LLC
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Schools
Schools serving 406 E 18th St
School District:Kannapolis City Schools
| Name | Grades | Distance |
|---|---|---|
Gw Carver Elementary 525 East C Street, Kannapolis, NC 28083 | K-5 | 1.8 mi |
Kannapolis Middle 1000 Virginia Dare Street, Kannapolis, NC 28081 | 6-8 | 4 mi |
A. L. Brown High School 415 Martin Luther King Junior Avenue, Kannapolis, NC 28083 | 9-12 | 1.6 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 406 E 18th St
Date
Details
Price
Change
Source
8/14/2026
Sold
$532,000
—
MLS
7/26/2026
Listed
$532,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
406 E 18th Street, Kannapolis, NC 28083 (MLS# 4407875) is a Single Family property that was sold at $532,000 on August 14, 2026. Want to learn more about 406 E 18th Street? Do you have questions about finding other Single Family real estate for sale in Kannapolis? You can browse all Kannapolis real estate or contact a Coldwell Banker agent to request more information.

