1106 Lane St, Kannapolis, NC, 28083
About This Home
Location Location Location!!! Kannapolis NC is growing, and this is your chance to own a well-maintained, income-producing brick duplex just minutes from the revitalized Downtown district and Atrium Health Ballpark. Situated on a corner lot, this duplex features two 2-bedroom, 1-bath units, each just under 950 sq ft. Live in one and let the other help cover the mortgage—or rent both and enjoy steady cash flow. One unit is occupied with a lease in place and professionally managed. Updates include central air (2023), gas furnace (2019), PEX plumbing (2024), and windows (2023). Each side offers a matching layout, strong rental history, and key system upgrades already completed—making this a smart move in a high-demand area. Please use 503 Mable Ave for directions and do not disturb the tenant at 1106 Lane St.
Getting Around
Car-Dependent
Some Transit
Somewhat BikeableSchools
Construction
Condition
- Year built: 1935
Materials
- Foundation: Crawl Space
- Construction materials: Brick Full,Wood
Type & Style
- Home type: MultiFamily
- Property subType: Duplex
Interior
Appliances
- Appliances included: Electric Range
- Laundry features: In Kitchen
Bedrooms & Bathrooms
- Bedrooms: 4
- Bathrooms: 1
- Full bathrooms: 2
Features
- Flooring: Laminate,Vinyl
- Fireplace features: Living Room
- Finished area below ground: 0
- Finished area above ground: 1,896
Heating & Cooling
- Heating features: Forced Air,Natural Gas
- Cooling features: Central Air
Interior Area
- Total structure area: 1,896
- Total interior livable area: 1,896 sqft
Property
Details
- Parcel number: 56242133030000
- Zoning: O-I
- Special condition: Subject to Lease
Features
- Patio & porch: Deck,Front Porch,Patio
- Fencing: Back Yard
Lot
- Lot size: 0.23 Acres
- Features: Corner Lot
Parking
- Total spaces: 4
- Parking features: Driveway,On Street
- Has uncovered spaces: Yes
- Uncovered spaces: 4
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
How This Home’s Risks Compare
FEMA Declared Disasters in Cabarrus County and North Carolina
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
| Monthly | Annual | |
|---|---|---|
| Mortgage | $1,896 | $22,752 |
| Home Insurance * | $172 | $2,064 |
| Property Taxes | $351 | $4,212 |
| Electricity | $200 | $2,405 |
| Total | $2,619 | $31,428 |
Income You'd Need if You Spent...
North Carolina FAIR Plan Programs
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.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-05-04 | Price change | $375,000 |
| 2026-04-18 | Listed for sale | $379,000 |
| 2025-09-24 | Listing removed | $375,000 |
| 2025-08-23 | Price change | $375,000 |
| 2025-07-24 | Listed for sale | $380,000 |
| 2024-03-19 | Listing removed | -- |
| 2024-02-24 | Price change | $1,295 |
| 2024-01-24 | Listed for rent | $1,395 |
| 2023-07-31 | Sold | $310,000 |
| 2023-05-09 | Listed for sale | $315,000 |
| 2018-11-28 | Listing removed | $695 |
| 2018-11-13 | Listed for rent | $695 |
| 2017-10-26 | Listing removed | $675 |
| 2017-10-07 | Listed for rent | $675 |
| 2015-06-25 | Listing removed | $595 |
| 2015-06-08 | Listed for rent | $595 |
| 2014-04-20 | Listing removed | $550 |
| 2014-02-27 | Listed for rent | $550 |
| 2012-06-06 | Listing removed | $116,500 |
| 2012-04-27 | Price change | $116,500 |
| 2012-01-11 | Listed for sale | $119,900 |
| 2005-09-15 | Sold | $95,000 |
For Sale by Agent
View on Zillow