Excellent opportunity to acquire a turnkey investment portfolio featuring two income-producing single-family rental properties in the growing Kannapolis market.
Properties Included:
210 Dalewood Ave, Kannapolis, NC
1012 Desota Ave, Kannapolis, NC
Both properties are tenant occupied. This portfolio is ideal for investors looking to expand their rental holdings with established tenants already in place.
Please do not disturb tenants. Showings and inspections will be scheduled after an accepted offer or as agreed upon with the seller.
Active
$485,000
210 Dalewood Ave, Kannapolis, NC 28083
5beds
2,513sqft
Multi Family
Built in 1962
-- sqft lot
$470,000 Zestimate®
$193/sqft
$-- HOA
What's special
- 43 days
- 221
- 0
Zillow last checked:
Listing updated:
Listed by:
Paula Severt paulasevert@yahoo.com,
Lantern Realty & Development, LLC
Source: Canopy MLS as distributed by MLS GRID,MLS#: 4409111
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 3
- Full bathrooms: 3
Heating
- Central
Cooling
- Central Air
Appliances
- Included: None
- Laundry: Inside
Features
- Has basement: No
Interior area
- Total structure area: 2,513
- Total interior livable area: 2,513 sqft
- Finished area above ground: 2,513
- Finished area below ground: 0
Property
Parking
- Parking features: Driveway
- Has uncovered spaces: Yes
Features
- Stories: 1
Lot
- Size: 0.5 Acres
Details
- Additional parcels included: 56137463720000
- Parcel number: 56236787890000
- Zoning: R4
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Other
- Foundation: Crawl Space
Condition
- New construction: No
- Year built: 1962
Utilities & green energy
- Sewer: Public Sewer
- Water: City
Community & HOA
Community
- Subdivision: none
Location
- Region: Kannapolis
Financial & listing details
- Price per square foot: $193/sqft
- Tax assessed value: $371,780
- Annual tax amount: $2,268
- Date on market: 7/29/2026
- Tenant pays: All Utilities
- Road surface type: Gravel, Paved
Estimated market value
$470,000
$447,000 - $494,000
$1,497/mo
Price history
| Date | Event | Price |
|---|---|---|
| 7/29/2026 | Listed for sale | $485,000+259.5%$193/sqft |
Source: | ||
| 1/29/2010 | Listing removed | $134,900$54/sqft |
Source: The Home Zone #849120 Report a problem | ||
| 10/25/2009 | Price change | $134,900-3.6%$54/sqft |
Source: The Home Zone #849120 Report a problem | ||
| 4/26/2009 | Listed for sale | $139,900+149.8%$56/sqft |
Source: The Home Zone #849120 Report a problem | ||
| 1/7/2009 | Sold | $56,000+43.6%$22/sqft |
Source: Public Record Report a problem | ||
| 12/2/2008 | Sold | $39,000$16/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,268 | $199,700 |
| 2024 | $2,268 +30% | $199,700 +56.8% |
| 2023 | $1,744 +2.5% | $127,320 +2.5% |
| 2022 | $1,702 | $124,210 |
| 2021 | $1,702 +41.5% | $124,210 +41.5% |
| 2019 | $1,202 +3% | $87,770 |
| 2018 | $1,167 | $87,770 |
| 2017 | $1,167 | $87,770 -3.2% |
| 2016 | -- | $90,690 |
| 2015 | -- | $90,690 |
| 2014 | $1,143 | $90,690 |
| 2013 | -- | $90,690 |
| 2012 | -- | $90,690 -11.3% |
| 2011 | -- | $102,240 |
| 2010 | -- | $102,240 |
| 2009 | -- | $102,240 +2.5% |
| 2008 | -- | $99,770 +29% |
| 2007 | -- | $77,340 +15.5% |
| 2006 | -- | $66,950 |
| 2005 | -- | $66,950 |
| 2004 | -- | $66,950 +29.6% |
| 2003 | -- | $51,640 |
| 2002 | -- | $51,640 |
| 2001 | -- | $51,640 |
| 2000 | -- | $51,640 |
Find assessor info on the county website
Monthly payment
Est. payment






