100% occupied with a current rent roll of $186,840 per year, 49 Corban Ave is an irreplaceable 14-unit multifamily asset located in the heart of Downtown Concord. The property offers a rare combination of in-place income and meaningful upside, with room to continue increasing rents to market. Full of timeless character and tasteful updates, the property features 9 of 14 units already renovated with modern finishes, along with significant capital improvements completed by current ownership. Positioned directly adjacent to the Downtown Concord Social District and surrounded by over $200M in completed and ongoing public and private investment, 49 Corban Ave offers investors a rare opportunity to own a generational downtown corner asset with in-place cash flow and a clear path to continued NOI growth.
Active
$1,900,000
49 Corban Ave SW, Concord, NC 28025
15beds
9,216sqft
Multi Family
Built in 1927
-- sqft lot
$-- Zestimate®
$206/sqft
$-- HOA
What's special
Tasteful updatesTimeless character
- 68 days |
- 492 |
- 29 |
Zillow last checked:
Listing updated:
Listed by:
Zach Britt zbritt@brittcre.com,
Britt Commercial Real Estate, LLC
Source: Canopy MLS as distributed by MLS GRID,MLS#: 4382158
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 15
- Bathrooms: 15
- Full bathrooms: 14
Heating
- Natural Gas, Other
Cooling
- Window Unit(s)
Appliances
- Included: Electric Range, Refrigerator
- Laundry: None
Features
- Basement: Apartment,Basement Garage Door,Basement Shop,Partially Finished,Storage Space
Interior area
- Total structure area: 9,216
- Total interior livable area: 9,216 sqft
- Finished area above ground: 8,016
- Finished area below ground: 1,200
Property
Parking
- Total spaces: 1
- Parking features: Parking Lot, Garage on Main Level
- Garage spaces: 1
Lot
- Size: 0.44 Acres
Details
- Parcel number: 56209619020000
- Zoning: RC
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Brick Full
- Roof: Rubber
Condition
- New construction: No
- Year built: 1927
Utilities & green energy
- Sewer: Public Sewer
- Water: City
Community & HOA
Location
- Region: Concord
Financial & listing details
- Price per square foot: $206/sqft
- Tax assessed value: $661,270
- Annual tax amount: $6,586
- Date on market: 5/14/2026
- Cumulative days on market: 68 days
- Road surface type: Asphalt, Paved
Estimated market value
Not available
Estimated sales range
Not available
$1,176/mo
Price history
| Date | Event | Price |
|---|---|---|
| 5/14/2026 | Listed for sale | $1,900,000$206/sqft |
Source:  Canopy MLS as distributed by MLS GRID #4382158 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $6,586 | $661,270 |
| 2024 | $6,586 -17.4% | $661,270 +1.2% |
| 2023 | $7,973 | $653,540 |
| 2022 | $7,973 | $653,540 |
| 2021 | $7,973 +88% | $653,540 +88% |
| 2019 | $4,240 +3.4% | $347,560 |
| 2018 | $4,101 | $347,560 |
| 2017 | $4,101 | $347,560 +27.5% |
| 2016 | -- | $272,670 |
| 2015 | -- | $272,670 |
| 2014 | $3,218 | $272,670 |
| 2013 | -- | $272,670 |
| 2012 | -- | $272,670 -1.9% |
| 2011 | -- | $277,920 |
| 2010 | -- | $277,920 |
| 2009 | -- | $277,920 +0.9% |
| 2008 | -- | $275,470 -4.2% |
| 2007 | -- | $287,670 |
| 2006 | -- | $287,670 |
| 2005 | -- | $287,670 |
| 2004 | -- | $287,670 +12.5% |
| 2003 | -- | $255,720 |
| 2002 | -- | $255,720 |
| 2001 | -- | $255,720 |
| 2000 | -- | $255,720 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: Logan
Nearby schools
GreatSchools rating
- 6/10R B McAllister ElementaryGrades: K-5Distance: 1 mi
- 2/10Concord MiddleGrades: 6-8Distance: 1.9 mi
- 6/10Concord HighGrades: 9-12Distance: 1.8 mi
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