If you're looking for an income producing asset in an up-and-coming section of town, this is it! Well maintained duplex w/1 bedroom/1 bath on each side. Fantastic opportunity to own an income producing property wiithin walking distance of AL Brown High School, the new Cannon Ballers baseball field, shopping, dining & the renovated Gem Theatre. New exterior paint 2024. 705 (right side) updates include new lvp flooring throughout, complete kitchen remodel, new ceiling fans, paint & appliances. Includes washer/dryer. Long-term tenant. 703 (left side) recently became vacant after 8 years & can easily earn $1100 per month rent. Live on one side and have income from the other! Newer stainless-steel appliances and interior window a/c in both units. Roof is approx 14 years old. Stand-up tiled showers & laundry area on both sides. Tenants love to sit on the covered front porch & enjoy the sunshine. Excellent rental history. Because of location it has always rented quickly. Owner is NC RE agent.
Closed
$260,000
703/705 Smith St, Kannapolis, NC 28083
1beds
1,152sqft
Duplex
Built in 1950
-- sqft lot
$256,200 Zestimate®
$226/sqft
$1,045 Estimated rent
Home value
$256,200
$238,000 - $277,000
$1,045/mo
Zestimate® history
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$1,554/mo
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List your homeWhat's special
Covered front porchStand-up tiled showersLaundry areaNew exterior paintComplete kitchen remodelNewer stainless-steel appliancesNew ceiling fans
Zillow last checked:
Listing updated:
Listed by:
Lucia Verville lucia.verville@gmail.com,
Southern Homes of the Carolinas, Inc
Bought with:
Sheena Sutton
Sutton Properties LLC
Sheena Sutton
Sutton Properties LLC
Source: Canopy MLS as distributed by MLS GRID,MLS#: 4275773
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 1
- Bathrooms: 3
- Full bathrooms: 2
Heating
- Baseboard
Cooling
- Window Unit(s)
Appliances
- Included: Electric Range, Electric Water Heater, Refrigerator, Self Cleaning Oven, Washer/Dryer
- Laundry: In Hall
Features
- Flooring: Vinyl
- Windows: Insulated Windows
- Has basement: No
Interior area
- Total structure area: 1,152
- Total interior livable area: 1,152 sqft
- Finished area above ground: 1,152
- Finished area below ground: 0
Property
Parking
- Parking features: Driveway
- Has uncovered spaces: Yes
- Details: Backyard
Features
- Stories: 1
- Patio & porch: Covered
Lot
- Size: 0.15 Acres
Details
- Parcel number: 56230607350000
- Zoning: R8
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Ranch
- Property subtype: Duplex
Materials
- Wood
- Foundation: Crawl Space
Condition
- New construction: No
- Year built: 1950
Utilities & green energy
- Sewer: Public Sewer
- Water: City
- Utilities for property: Cable Available
Community & HOA
Location
- Region: Kannapolis
Financial & listing details
- Price per square foot: $226/sqft
- Tax assessed value: $219,070
- Date on market: 6/27/2025
- Cumulative days on market: 3 days
- Listing terms: Cash,Conventional,FHA
- Tenant pays: All Utilities
- Road surface type: Dirt, Paved
Price history
| Date | Event | Price |
|---|---|---|
| 7/25/2025 | Sold | $260,000-5.5%$226/sqft |
Source:  Canopy MLS as distributed by MLS GRID #4275773 Report a problem | ||
| 6/27/2025 | Listed for sale | $275,000$239/sqft |
Source: Canopy MLS as distributed by MLS GRID #4275773 Report a problem | ||
Public tax history
Tax history is unavailable.
Neighborhood: 28083
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Nearby schools
GreatSchools rating
- 4/10GW Carver ElementaryGrades: K-5Distance: 0.4 mi
- 2/10Kannapolis MiddleGrades: 7-8Distance: 2.2 mi
- 2/10A. L. Brown High SchoolGrades: 9-12Distance: 0.6 mi
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Estimated market value
$256,200
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$256,200
- North Carolina
- Cabarrus County
- Kannapolis
- 28083
- 703/705 Smith St
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