Approximately 6 bedrooms / 4 bathrooms
2,524 sq. ft. main house
1,000 sq. ft. permitted ADU with excellent conversion potential
Main House
The main house is very close to being operational as a co-living property. The remaining work is fairly minimal and primarily consists of:
Adding one wall and doorway to create an additional bedroom
Closing off the French doors to provide privacy for another bedroom
Furnishing the home and completing a few final punch-list items
Once completed, the main house would function as an 8-bedroom home, including two ensuite bedrooms, which could command premium rental rates.
ADU Opportunity
The property also includes a permitted ~1,000 sq. ft. ADU, creating additional upside for an investor.
Potential configurations include:
Phase 1: 3 bedrooms / 2 bathrooms
Phase 2: Potential expansion to 6 bedrooms / 2 bathrooms, depending on the final design.
Once the ADU conversion is complete, the property has the potential to generate approximately $11,300 per month in gross rental income across all 14 bedrooms.
This property has strong appeal for investors looking for a co-living opportunity, especially since much of the main house is already complete while still offering significant upside through the ADU conversion.
Active
Price cut: $30K (9/13)
$400,000
2407 N Main St, Kannapolis, NC 28081
4beds
2,524sqft
Single Family Residence
Built in 1927
0.69 Acres Lot
$394,000 Zestimate®
$158/sqft
$-- HOA
What's special
- 82 days
- 1,442
- 169
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#: 4400941
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 2
- Main level bedrooms: 1
Primary bedroom
- Level: Main
Bedroom s
- Level: Upper
Bedroom s
- Level: Upper
Bedroom s
- Level: Upper
Bathroom full
- Level: Main
Bathroom full
- Level: Upper
Dining room
- Level: Main
Other
- Level: Main
Kitchen
- Level: Main
Living room
- Level: Main
Heating
- Heat Pump, Natural Gas
Cooling
- Ceiling Fan(s), Central Air
Appliances
- Included: None
- Laundry: Laundry Room, Main Level
Features
- Flooring: Carpet, Laminate, Tile
- Windows: Insulated Windows
- Has basement: No
Interior area
- Total structure area: 2,524
- Total interior livable area: 2,524 sqft
- Finished area above ground: 2,524
- Finished area below ground: 0
Property
Parking
- Total spaces: 7
- Parking features: Attached Carport, Detached Garage, Garage on Main Level
- Garage spaces: 2
- Carport spaces: 1
- Covered spaces: 3
- Uncovered spaces: 4
Features
- Levels: Two
- Stories: 2
Lot
- Size: 0.69 Acres
- Features: Cleared, Level, Wooded
Details
- Parcel number: 160044
- Zoning: RV
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Aluminum, Vinyl
- Foundation: Crawl Space
Condition
- New construction: No
- Year built: 1927
Utilities & green energy
- Sewer: Public Sewer
- Water: City
Community & HOA
Community
- Subdivision: none
Location
- Region: Kannapolis
Financial & listing details
- Price per square foot: $158/sqft
- Tax assessed value: $215,715
- Annual tax amount: $2,458
- Date on market: 7/10/2026
- Cumulative days on market: 83 days
- Road surface type: Gravel, Concrete
Estimated market value
$394,000
$374,000 - $414,000
$2,460/mo
Price history
| Date | Event | Price |
|---|---|---|
| 9/13/2026 | Price change | $400,000-7%$158/sqft |
Source:  Canopy MLS as distributed by MLS GRID #4400941 Report a problem | ||
| 8/26/2026 | Price change | $430,000-4.4%$170/sqft |
Source: Canopy MLS as distributed by MLS GRID #4400941 Report a problem | ||
| 7/11/2026 | Listed for sale | $450,000+46.1%$178/sqft |
Source: Canopy MLS as distributed by MLS GRID #4400941 Report a problem | ||
| 10/17/2025 | Sold | $308,000-4%$122/sqft |
Source: Canopy MLS as distributed by MLS GRID #4288336 Report a problem | ||
| 8/4/2025 | Listed for sale | $321,000$127/sqft |
Source: Canopy MLS as distributed by MLS GRID #4288336 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,458 | $215,715 |
| 2024 | $2,458 +84% | $215,715 |
| 2023 | $1,336 -33.2% | $215,715 +38.9% |
| 2022 | $2,000 | $155,356 |
| 2021 | $2,000 | $155,356 |
| 2020 | $2,000 | $155,356 |
| 2019 | $2,000 +11.8% | $155,356 +12.2% |
| 2018 | $1,790 +1.2% | $138,467 |
| 2017 | $1,768 | $138,467 |
| 2016 | $1,768 | $138,467 |
| 2015 | $1,768 -1.5% | $138,467 |
| 2014 | $1,795 | -- |
| 2013 | -- | -- |
| 2012 | -- | -- |
| 2011 | -- | -- |
| 2010 | -- | -- |
| 2008 | -- | -- |
| 2007 | -- | -- |
| 2006 | -- | -- |
| 2005 | -- | -- |
| 2004 | -- | -- |
| 2003 | -- | -- |
| 2002 | -- | -- |
| 2001 | -- | -- |
| 2000 | -- | -- |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: 28081
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