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$185,000 Just Listed
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Property Description
Welcome to 506 Grace Ave in Kannapolis, just a hop away from the newly renovated downtown area. The property sits on .26 acres and offers the charm and solid feel of an older home while providing an excellent opportunity for the new owner to make it their own with some updating and personal touches. While the home is listed with 2 bedrooms, there is an additional room that could be used as a small bedroom or home office. The home features a spacious fenced backyard and a one of a kind doggie entrance attached to the back of the house, making it an especially fun property for pet lovers. A great opportunity for first time home buyers, this home offers an affordable way to get into the Kannapolis market and build equity while updating the home to fit your own style and vision!
Full Property Details
Full Property Details for 506 Grace Ave
General
- Price: $185,000
- Status: Active
- Type: Single Family
- Source: Charlotte_Regional_Realtor_Association
- MLS ID: 4416860
- Updated: 8/27/2026
- Added to Site: 2 day(s) ago
Interior
- Interior Features: Walk-In Closet(s)
- Appliances: None
- Flooring: Carpet, Linoleum
Rooms
Bathrooms
- Total Bathrooms: 1
- Full Bathrooms: 1
- Main - Full Baths: 1
Bedrooms
- Total Bedrooms: 2
- Bedrooms Main & Up: 2
Other Rooms
- Laundry: Electric Dryer Hookup, Washer Hookup
Parking
- Carports: Yes
- Carport Spaces: 2
- Parking Features: Driveway
Location
- County: Cabarrus
School Information
- Elementary School: Jackson Park
- Middle School: Kannapolis
- High School: A.L. Brown
Heating & Cooling
- Cooling Type: Window Unit(s)
- Heating Type: Baseboard
Utilities
- Sewer: Public Sewer
- Water: City
Structural Information
- Construction: Site Built
- Exterior Const.: Vinyl
- Roof: Architectural Shingle
- Main/1st Level: 977 Sq. Ft.
- Year Built: 1960
Lot Features
- Street/Road Desc.: Dirt, Paved
- Fencing (Description): Chain Link, Wood
Financial Considerations
- Terms: Cash, Conventional, FHA, VA Loan
Disclosures and Reports
- Property ID: 5624-31-6111-0000
- Lot Number: 5428-7
Listed by DM Properties & Associates
Get Pre-Approved Today
Schools
Schools serving 506 Grace Ave
School District:Kannapolis City Schools
| Name | Grades | Distance |
|---|---|---|
Jackson Park Elementary 1400 Jackson Street, Kannapolis, NC 28083 | K-5 | 0.2 mi |
Kannapolis Middle 1000 Virginia Dare Street, Kannapolis, NC 28081 | 6-8 | 3.3 mi |
A. L. Brown High School 415 Martin Luther King Junior Avenue, Kannapolis, NC 28083 | 9-12 | 1.1 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 506 Grace Ave
Date
Details
Price
Change
Source
8/26/2026
Listed
$185,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 506 Grace Ave
Year
Property Taxes
Change
Tax Assessment
Change
2025
$1,004
—
$176,840
—
2024
$1,004
58%
$176,840
84%
2023
$635
—
$95,870
3%
2022
$635
—
$92,680
—
2021
$635
—
$92,680
—
2020
$635
26%
$92,680
25%
2018
$502
5%
$74,300
4%
2016
$477
-6%
$71,670
-4%
2019
$509
-2%
$74,300
-5%
2015
$519
2%
$78,090
—
2014
$508
-50%
$78,090
-3%
2013
$1,009
—
$80,110
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 506 Grace Ave
506 Grace Avenue, Kannapolis, NC 28083 (MLS# 4416860) is a Single Family property with 2 bedrooms and 1 full bathroom. 506 Grace Avenue is currently listed for $185,000 and was received on August 26, 2026. Want to learn more about 506 Grace Avenue? 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.

