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  • $205,000

    815 Desoto Ave, Kannapolis, NC 28083

    2beds
    1,337sqft
    Duplex
    Built in 1945
    -- sqft lot
    $204,300 Zestimate®
    $153/sqft
    $1,137 Estimated rent

    Home value

    $204,300

    $190,000 - $221,000

    $1,137/mo

    Zestimate® history
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    What's special

    Rear entrySide rear entryLaundry roomEating areas
    INVESTOR SPECIAL | High-Yield Potential in the Revitalized Kannapolis areas. Seize a rare value-add opportunity in one of the fastest-growing submarkets of the Charlotte metro area. This income-producing duplex is strategically located just blocks from the revitalized Downtown Kannapolis district, Atrium Health Ballpark, and the NC Research Campus. Situated on a sprawling 0.49-acre lot, this property offers the perfect footprint for a high-equity renovation or a long-term buy-and-hold strategy. The Opportunity: Dual Income Streams: Two distinct units provide flexible rental options or a "house hack" opportunity. Massive Lot (0.49 Acres): Significant outdoor space with 2 detached storage sheds, offering additional value or potential for tenant storage. Strategic Location: Premium proximity to the Cannon Ballers stadium and the booming social district ensures high tenant demand and long-term appreciation. Proven History: Long-term rental history with significant "as-is" upside, tenants just moved out. Unit Breakdown: Unit A (Left 725 sq ft):Side rear entry, laundry room, kitchen with a small eat-in space, electric range and refrigerator, and a primary bedroom featuring a fireplace and dining/living room. Unit B (Right 611 sq ft ): Rear entry, laundry space (washer/dryer included as gift), kitchen has a an electric range, refrigerator and microwave, eating areas, living room and primary bedroom with window unit and fireplace. This is being Sold AS-IS. This is a true "bones and location" property with great income potential. Professional photography will be uploaded later this week. Original fireplaces in the units are not sure if they work according to the seller, the heating a cooling come from either the window units in one unit which provides both heat and cool and the other unit has a window unit for cooling and a fireplace type unit sitting in front of the other fireplace that provided heat for that unit.

    Zillow last checked:

    Listing updated:

    Listed by:

    Katrina Rockel 910-583-3817,

    Keller Williams Lake Norman

    Bought with:

    Crystal Cronan

    Costello Real Estate and Investments LLC

    Source: Canopy MLS as distributed by MLS GRID,MLS#: 4335383MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 2
    • Full bathrooms: 2
    Heating
    • Other
    Cooling
    • Window Unit(s)
    Appliances
    • Included: Electric Oven, Electric Range, Refrigerator
    • Laundry: Electric Dryer Hookup, In Hall, Utility Room, Inside, Laundry Closet, Laundry Room, Main Level, Washer Hookup
    Features
    • Flooring: Carpet, Laminate, Vinyl, Other
    • Doors: Storm Door(s)
    • Has basement: No
    • Fireplace features: Primary Bedroom
    Interior area
    • Total structure area: 1,337
    • Total interior livable area: 1,337 sqft
    • Finished area above ground: 1,337
    • Finished area below ground: 0

    Property

    Parking
    • Parking features: Detached Carport, Driveway, Parking Space(s), Shared Driveway, Other - See Remarks
    • Has carport: Yes
    • Has uncovered spaces: Yes
    • Details: Parking in the back of the property with plenty of parking spaces. The driveway is on the side of the home and goes behind the property.
    Features
    • Patio & porch: Covered, Front Porch, Rear Porch, Side Porch
    • Exterior features: Other - See Remarks
    Lot
    • Size: 0.49 Acres
    • Features: Cleared, Hilly, Level
    Details
    • Additional structures: Outbuilding
    • Parcel number: 56136593750000
    • 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: 1945

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: City

    Community & HOA

    Location
    • Region: Kannapolis

    Financial & listing details

    • Price per square foot: $153/sqft
    • Tax assessed value: $192,080
    • Annual tax amount: $2,181
    • Date on market: 1/23/2026
    • Cumulative days on market: 52 days
    • Tenant pays: Other
    • Road surface type: Gravel, Paved

    Price history

    DateEventPrice
    5/11/2026Sold$205,000-4.7%$153/sqft
    Source: Canopy MLS as distributed by MLS GRID #4335383 Report a problem
    2/19/2026Price change$215,000-6.5%$161/sqft
    Source: Canopy MLS as distributed by MLS GRID #4335383 Report a problem
    1/23/2026Listed for sale$230,000$172/sqft
    Source: Canopy MLS as distributed by MLS GRID #4335383 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$2,181 $192,080
    2024$2,181 +66.4%$192,080 +100.8%
    2023$1,310 +4.9%$95,650 +4.9%
    2022$1,249 $91,150
    2021$1,249 +84.7%$91,150 +84.7%
    2019$676 +3%$49,350
    2018$656 $49,350
    2017$656 $49,350 -14.8%
    2016-- $57,900
    2015-- $57,900
    2014$730 $57,900
    2013-- $57,900
    2012-- $57,900 -3.1%
    2009-- $59,760
    2008-- $59,760 +23.6%
    2007-- $48,350
    2006-- $48,350
    2005-- $48,350
    2004-- $48,350 +5%
    2003-- $46,040
    2002-- $46,040
    2001-- $46,040
    2000-- $46,040
    Find assessor info on the county website

    Neighborhood: 28083

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Forest Park
    • Middle: Kannapolis
    • High: A.L. Brown

    Source: Canopy MLS as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Estimated market value
    $204,300
    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
    $204,300