1400 Central Dr, Kannapolis, NC, 28083
About This Home
Rare investment opportunity with exceptional income potential in one of the Charlotte region's fastest-growing rental markets. Situated on a large lot with no HOA, this property offers multiple value-add opportunities, including the potential to create a high-income co-living or workforce housing investment. The main home requires only light finishing work, while the detached workshop presents an excellent opportunity for future ADU conversion. Additional features include a detached 2-car garage, carport, and flexible layout with potential for expanded bedroom count. Ideal for co-living, mid-term rentals, corporate housing, or buy-and-hold investors. Income projections and investment analysis are available upon request; buyers should perform their own due diligence. Additional photos, floor plans, and video walkthrough are also available.
Getting Around
Car-Dependent
Minimal Transit
Somewhat BikeableSchools
Construction
Condition
- Year built: 1940
Materials
- Foundation: Crawl Space
- Roof: Composition
- Construction materials: Vinyl
Type & Style
- Home type: SingleFamily
- Property subType: Single Family Residence
Interior
Appliances
- Appliances included: None
- Laundry features: Electric Dryer Hookup
Basement
- Has basement: Yes
- Basement: Partial,Unfinished
Bathroom Full
- Level: Main
Bathroom Full
- Level: Upper
Bedroom S
- Level: Main
Bedroom S
- Level: Upper
Bedroom S
- Level: Upper
Bedrooms & Bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 2
- Main level bedrooms: 2
Bonus Room
- Level: Upper
Dining Room
- Level: Main
Features
- Flooring: Carpet,Linoleum,Tile,Wood
- Fireplace features: Living Room,Wood Burning
- Finished area below ground: 0
- Finished area above ground: 2,761
Heating & Cooling
- Heating features: Natural Gas
- Cooling features: Central Air
Interior Area
- Total structure area: 2,761
- Total interior livable area: 2,761 sqft
Kitchen
- Level: Main
Laundry
- Level: Main
Living Room
- Level: Main
Primary Bedroom
- Level: Main
Property
Details
- Parcel number: 56243116900000
- Zoning: R4
- Special condition: Standard
Features
- Levels: Two
- Stories: 2
Lot
- Lot size: 0.26 Acres
- Features: Level
Parking
- Total spaces: 2
- Parking features: Driveway,Detached Garage,Garage on Main Level
- Has garage: Yes
- Attached garage spaces: 2
- Covered spaces: 2
- 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
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 | $1,264 | $15,168 |
| Home Insurance * | $114 | $1,368 |
| Property Taxes | $249 | $2,988 |
| Electricity | $257 | $3,085 |
| Total | $1,884 | $22,608 |
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 |
|---|---|---|
| 2026-07-11 | Listed for sale | $250,000 |
| 2025-10-16 | Sold | $220,000 |
| 2025-07-06 | Listed for sale | $225,000 |
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