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.
Active
Price cut: $44K (8/26)
$206,000
1400 Central Dr, Kannapolis, NC 28083
4beds
2,761sqft
Single Family Residence
Built in 1940
0.26 Acres Lot
$-- Zestimate®
$75/sqft
$-- HOA
What's special
- 63 days
- 1,904
- 56
Zillow last checked:
Listing updated:
Listed by:
Kristen Fesnak team@10xmyre.com,
10X Real Estate & Investments
Source: Canopy MLS as distributed by MLS GRID,MLS#: 4400928
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 2
- Main level bedrooms: 2
Primary bedroom
- Level: Main
Bedroom s
- Level: Main
Bedroom s
- Level: Upper
Bedroom s
- Level: Upper
Bathroom full
- Level: Main
Bathroom full
- Level: Upper
Bonus room
- Level: Upper
Dining room
- Level: Main
Kitchen
- Level: Main
Laundry
- Level: Main
Living room
- Level: Main
Heating
- Natural Gas
Cooling
- Central Air
Appliances
- Included: None
- Laundry: Electric Dryer Hookup
Features
- Flooring: Carpet, Linoleum, Tile, Wood
- Basement: Partial,Unfinished
- Fireplace features: Living Room, Wood Burning
Interior area
- Total structure area: 2,761
- Total interior livable area: 2,761 sqft
- Finished area above ground: 2,761
- Finished area below ground: 0
Property
Parking
- Total spaces: 2
- Parking features: Driveway, Detached Garage, Garage on Main Level
- Garage spaces: 2
- Has uncovered spaces: Yes
Features
- Levels: Two
- Stories: 2
Lot
- Size: 0.26 Acres
- Features: Level
Details
- Parcel number: 56243116900000
- Zoning: R4
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Vinyl
- Foundation: Crawl Space
- Roof: Composition
Condition
- New construction: No
- Year built: 1940
Utilities & green energy
- Sewer: Public Sewer
- Water: City
Community & HOA
Community
- Subdivision: Jackson Park
Location
- Region: Kannapolis
Financial & listing details
- Price per square foot: $75/sqft
- Tax assessed value: $251,450
- Annual tax amount: $2,855
- Date on market: 7/10/2026
- Cumulative days on market: 63 days
- Listing terms: Cash,Conventional
- Road surface type: Gravel, Paved
Estimated market value
Not available
Estimated sales range
Not available
$2,455/mo
Price history
| Date | Event | Price |
|---|---|---|
| 8/26/2026 | Price change | $206,000-17.6%$75/sqft |
Source:  Canopy MLS as distributed by MLS GRID #4400928 Report a problem | ||
| 7/11/2026 | Listed for sale | $250,000+13.6%$91/sqft |
Source: Canopy MLS as distributed by MLS GRID #4400928 Report a problem | ||
| 10/16/2025 | Sold | $220,000-2.2%$80/sqft |
Source: Canopy MLS as distributed by MLS GRID #4278245 Report a problem | ||
| 7/6/2025 | Listed for sale | $225,000$81/sqft |
Source: Canopy MLS as distributed by MLS GRID #4278245 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,855 +100% | $251,450 |
| 2024 | $1,428 +24.9% | $251,450 +50.7% |
| 2023 | $1,143 | $166,860 |
| 2022 | $1,143 | $166,860 |
| 2021 | $1,143 +35.3% | $166,860 +35.3% |
| 2019 | $845 +3% | $123,340 |
| 2018 | $820 | $123,340 |
| 2017 | $820 | $123,340 -5.3% |
| 2016 | -- | $130,210 |
| 2015 | -- | $130,210 |
| 2014 | $820 | $130,210 |
| 2013 | -- | $130,210 |
| 2012 | -- | $130,210 -11.2% |
| 2011 | -- | $146,580 |
| 2010 | -- | $146,580 |
| 2009 | -- | $146,580 +2.4% |
| 2008 | -- | $143,130 +29.4% |
| 2007 | -- | $110,590 |
| 2006 | -- | $110,590 |
| 2005 | -- | $110,590 |
| 2004 | -- | $110,590 -4.9% |
| 2003 | -- | $116,280 |
| 2002 | -- | $116,280 |
| 2001 | -- | $116,280 |
| 2000 | -- | $116,280 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: 28083
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