$1,799,999

1245 Carolyn Ave Kannapolis, NC 28083

$10,000
Closing credit¹
27 beds
114 full, 1 partial
7,762 sqft
$232 / sqft
House

Property details

About 1245 Carolyn Ave

Investor Opportunity! Don’t miss this rare opportunity to acquire a fully leased, cash-flowing 7-home rental portfolio in the high-demand Kannapolis market. Ideally located near downtown, major highways, hospitals, shopping, and dining, these properties are positioned in Cabarrus and Rowan Counties, offering exceptional long-term growth potential. Each home is tenant-occupied, providing immediate income with minimal hassle. The portfolio is priced attractively— below market value, with an average under $260K per home, offering built-in equity from day one. Situated in a rapidly growing area with strong rental demand and low vacancy rates, this turnkey package is ideal for investors looking to scale quickly or diversify their holdings with a performing asset. Only serious inquiries will be considered. Inspections will be scheduled after an accepted offer.

Highlights

HeatingCentral, Heat Pump
StatusActive
CoolingCeiling Fan(s), Central Air, Heat Pump
Size7,762 sqft
BasementYes
Year built2008
ParkingDriveway
MLS #4176085

Summary

  • Partial Bathrooms: 1
  • Full Bathrooms: 114
  • Appliances: Dishwasher, Disposal, Electric Range, Electric Water Heater, Plumbed For Ice Maker, Refrigerator
  • Basement: Yes
  • Total Bedroom Count: 27
  • Parking: Driveway
  • Heating: Central, Heat Pump
  • Cooling: Ceiling Fan(s), Central Air, Heat Pump
  • List Price: $1,799,999
  • Price/SqFt: $231
  • Annual Tax Amount: $2,577
  • Tax Year: 2024
  • Year Built: 2008
  • Stories: 2
  • Living Area: 7,762 SqFt
  • MLS Number: 4176085
  • Office Name: Savvy + Co Real Estate
  • Office Email: StacyLabel@yahoo.com

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Last updated on: 6/4/2025, 12:36:29 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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1245 Carolyn Ave, Kannapolis, NC 28083 - view of front of property with a shingled roof, entry steps, a front lawn, and crawl space

$1,799,999

1245 Carolyn Ave

$10,000

closing credit¹

Sell your home with Rocket and save even more!

Seller rebate

0.5% sale price²

Price information

Property sales

We're sorry, we currently don't have property sales data for this listing.

Tax history

YearAssessmentProperty Tax
2024$213,014$2,577
2023$213,014$2,577
2022$15,475$199

History based on county public records data.

Nearby schools

8

Jackson Park Elementary School

Public District KG-5

0.5 mi

1400 Jackson St

6

Woodrow Wilson Elementary School

Public District KG-5

1.2 mi

800 N Walnut St

5

G. W. Carver Elementary School

Public Magnet KG-5

1.7 mi

525 E C St

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $37,386. The majority of Kannapolis, NC residents have income less than $<35k annually. Most families are single, no kids. The most common level of education of people living in this area is high school diploma.

How much money do the neighbors make?

47%
<35k
47%
35k-100k
4%
100k-200k
2%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree

What types of families live nearby?

41%
Single, No Kids
13%
Single, with Kids
29%
Married, No Kids
17%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

14%
<11 yrs old
7%
12-17 yrs old
20%
18-34 yrs old
43%
35-64 yrs old
16%
65+ yrs old

What do the neighbors do for fun?

  • Extreme SportsExtreme Sports
  • Figure SkatingFigure Skating
  • Pro WrestlingPro Wrestling

Where do the neighbors shop?

  • Academy Sports & OutdoorsAcademy Sports & Outdoors
  • KmartKmart
  • Wal-MartWal-Mart

Where do the neighbors go to eat?

  • Little CaesarsLittle Caesars
  • Bob EvansBob Evans
  • SonicSonic

What do the neighbors drive?

  • ChevroletChevrolet
  • BuickBuick
  • OldsmobileOldsmobile

What do the neighbors listen to?

  • CountryCountry
  • OldiesOldies
  • Contemporary InspirationalContemporary Inspirational
All data provided by Home Junction and Claritas

Frequently asked questions

About 1245 Carolyn Ave

The listing price of 1245 Carolyn Ave property is $1,799,999.

The property 1245 Carolyn Ave is a house located in Kannapolis, North Carolina, 28083.

Active Listing: 1245 Carolyn Ave is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for 1245 Carolyn Ave are: Jackson Park Elementary School (GreatSchools Rating 8/10), Woodrow Wilson Elementary School (GreatSchools Rating 6/10), G. W. Carver Elementary School (GreatSchools Rating 5/10), Corriher Lipe Middle School (GreatSchools Rating 2/10), Concord Lake Steam Academy (GreatSchools Rating 7/10), Kannapolis Middle School (GreatSchools Rating 1/10), A. L. Brown High School (GreatSchools Rating 2/10), South Rowan High School (GreatSchools Rating 3/10), Jesse Carson High School (GreatSchools Rating 4/10).

According to the records, the last property tax for 2024 is $2,577 (source: MLS/based on county public records data).

The property at 1245 Carolyn Ave has 27 bedrooms and 114 full and 1 half bathrooms.

The property 1245 Carolyn Ave is 7,762 SqFt (source: MLS/tax record).

The year of construction for 1245 Carolyn Ave is 2008.

This home is located at 1245 Carolyn Ave in Kannapolis, NC and zip code 28083. This 7,762 square foot home was built in 2008. Features: 27 bedrooms, 115 bathrooms. It has been listed on Rocket Homes since September 5, 2024 and is currently priced at $1,799,999.

Over 9 listings were sold over their listed price in May 2025 in Kannapolis, NC. In the same period over 55 listings were sold below the listed price and 12 listings were sold for the listed price. The inventory of homes for sale in Kannapolis, NC between April and May 2025 increased by 5.4%. The median list price of listings available in May 2025 was $309,017, while the average time on the real estate market was 48 days.

From Rocket Homes Real Estate and based on county public records data.

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