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659-661 Wilson St, Kannapolis, NC, 28083

2beds
2baths
1,186sqft
$235,000
$198price/sqft
$1,639/moest. monthly cost
$65,560/yrincome needed

About This Home

Discover an outstanding investment opportunity in the fast-growing and revitalized Kannapolis area! This thoroughly updated duplex at 659–661 Wilson Street offers the ideal setup for investors or anyone looking to “house-hack” by living on one side while renting out the other. 659 currently rented at $900 per month. 661 is vacant and available to see. You’ll love the stylish luxury vinyl plank flooring throughout and the low-maintenance vinyl siding. Each unit includes a charming covered front and rear porch, perfect for enjoying outdoor relaxation. This property sits on a large yard, offering flexibility for outdoor living or future improvements. Located minutes from downtown Kannapolis, the Downtown Revitalization Project, shopping, schools, and daily conveniences—this is a rare chance to secure a turn-key, income-producing property in a booming market. Whether you're building your portfolio or looking to offset living expenses, this duplex is a must-see. Schedule your showing today!

Getting Around

49
WalkingCar-Dependent
26
TransitSome Transit
28
BikeSomewhat Bikeable

Schools

4/10
GW Carver ElementaryGrades K-50.3 mi
2/10
Kannapolis MiddleGrades 7-82.2 mi
2/10
A. L. Brown High SchoolGrades 9-120.5 mi

Construction

Condition

  • Year built: 1950

Materials

  • Foundation: Crawl Space
  • Construction materials: Vinyl

Type & Style

  • Home type: MultiFamily
  • Property subType: Duplex

Interior

Appliances

  • Appliances included: Electric Range
  • Laundry features: In Unit

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 2
  • Full bathrooms: 2

Features

  • Finished area below ground: 0
  • Finished area above ground: 1,186

Heating & Cooling

  • Heating features: Ductless
  • Cooling features: Ductless

Interior Area

  • Total structure area: 1,186
  • Total interior livable area: 1,186 sqft

Property

Details

  • Parcel number: 56139761950000
  • Zoning: R8
  • Special condition: Standard

Lot

  • Lot size: 0.14 Acres

Parking

  • Parking features: Driveway
  • Has uncovered spaces: Yes

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Ice Storm
    Ice StormRelatively High
  • Inland Flooding
    Inland FloodingModerate
  • Lightning
    LightningModerate
  • Strong Wind
    Strong WindModerate
  • Tornado
    TornadoModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Ice Storm
Inland Flooding
Lightning
Strong Wind
Tornado
Winter Weather

FEMA Declared Disasters in Cabarrus County and North Carolina

Flood
Hurricane
Mud Landslide
Severe Storm
Tropical Depression
Tropical Storm
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $1,188$14,256
Home Insurance *$107$1,284
Property Taxes $144$1,728
Electricity $200$2,405
Total$1,639$19,668
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$56,194/yr
40% on housing$49,170/yr
45% on housing$43,706/yr

North Carolina FAIR Plan Programs

North Carolina Joint Underwriting Association - FAIR Plan

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →

NCIUA - Coastal Property Insurance Pool (CPIP)

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 235,990Commercial: 10,165
Total Premiums$278.20M
Total Exposure$57.33B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 8.6%
8.6%
0%30.0%
Electricity Growth Rate10-year average: 4.0%
4.0%
0%15.0%
Property Taxes Growth Rate2-year average: 3.3%
3.3%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$198This listing

vs Other Active Listings

Avg $/sqft

ZIP 28083$130
Cabarrus County$177

vs Homes Sold Last Month

Median $/sqft

ZIP 28083$199
Cabarrus County$199

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-03-23Price change$235,000
2025-12-03Price change$250,000
2025-11-07Listed for sale$260,000
2022-03-04Sold$179,200
2022-02-11Contingent$174,900
2022-02-10Listed for sale$174,900

For Sale by Agent

AgentGopal Dhimal
BrokerageKeller Williams Ballantyne Area

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