49 Corban Avenue SW, Concord, NC 28025
Cabarrus County
Key Facts
Description
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.
Property Information
Property Type
Residential Income
Sub-Type
Apartment
Year Built
1927
Living Area
9,216 sq ft
Garage Spaces
1
Zoning
RC
Days on Market
13
MLS® Listing#
4382158
Property Features
Appliances
Cooling
Heating
Basement
Parking
Laundry
Construction
Roof
Sewer
Water Source
Schools
- Elementary:
- Unspecified
- Middle:
- Unspecified
- High:
- Unspecified
Financial Details
HOA
None
Assessed Value
$661,270
Parcel Number
5620-96-1902-0000
Affordability Calculator
$380,000
Estimated monthly payment
$10,113/mo
Principal $1,520,000 · Est. interest $2,120,535 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Concord, NC
- $429,286
- Median Listing Price
- 58
- Median Days on Market
- 2,036
- Median Sq Ft
- $208
- Median Price / Sq Ft
- 435
- Active Listings
- This home’s price is 343% above the area median.
- Its price per sq ft is 1% below the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Concord, NC.
Location
Getting Around
Points of Interest in Concord, NC
Showing the Concord area map.
Nearby Schools
Bocca Felice
School · 0.3 mi away
Coltrane-Webb Elementary School
Elementary · 0.4 mi away
Cabarrus County Schools
Secondary · 0.6 mi away
Glenn Center
School · 0.6 mi away
Cabarrus County Schools
Elementary · 1.0 mi away
R. Brown McAllister Stem Elementary School
Elementary · 1.0 mi away
First Assembly Christian School
School · 1.5 mi away
Concord Academy
School · 1.6 mi away
WM Irvin Elementary
Elementary · 1.7 mi away
Concord Middle School
Secondary · 1.7 mi away
Concord High School
Secondary · 1.8 mi away
Cabarrus County School
School · 1.9 mi away
Cabarrus Early College of Technology
Secondary School · 1.9 mi away
Beverly Hills Elementary School
Elementary · 1.9 mi away
Dixon Academy
School · 2.5 mi away
JN Fries Magnet School
Secondary · 2.9 mi away
Cabarrus County Schools
School · 2.9 mi away
Central Cabarrus High School
Secondary · 3.1 mi away
Stonewall Jackson School
Elementary · 3.2 mi away
Wolf Meadow Elementary
Elementary · 3.4 mi away
Commute Calculator
Nearby Homes
Moving Cost Estimate
EXIT Agents in Concord
Listing Courtesy: Britt Commercial Real Estate, LLC - zbritt@brittcre.com
Last Updated: 2026-05-14
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