49 Corban, Concord, NC — property listing photo 1
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$1,900,000

Est. Payment: $9,766/mo

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49 Corban

Concord, NC 28025

14

bedrooms

0

baths

9,216

sq.ft.

$206

price per sf

Property TypeResidential Income
Year Built1927
Carnarri Cofield

Presented By

Carnarri Cofield

REALTOR®

About This Property

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.

About the Neighborhood

Homes for sale in 28025 place buyers in the established northern and eastern corridors of Concord — Cabarrus County's historic seat and one of the Charlotte metro's fastest-growing cities — approximately 20 miles northeast of Uptown Charlotte via I-85. The residential landscape spans a broad architectural range, from late 19th and early 20th century Victorian and Colonial Revival homes in Concord's walkable historic downtown neighborhoods to mid-century brick ranches and 1980s–2000s traditional subdivisions that reflect decades of steady growth. The revitalized Downtown Concord corridor along Union Street South anchors the community's commercial identity with local restaurants and boutique retail, while Frank Liske Park — one of Cabarrus County's premier green spaces — provides athletic fields, a lake, and extensive outdoor amenities. Major employers including Cabarrus Health Alliance and the broader Concord Mills and Concord-Padgett Regional Airport employment corridor are within easy reach. Uptown Charlotte commutes run approximately 25–30 minutes via I-85, and the 28025 real estate market consistently delivers competitive price points relative to comparable Mecklenburg County addresses, making it a high-value entry point into the greater Charlotte metro.

Property Features

Property Description

  • Beds Total: 14
  • Year Built: 1927
  • Living Area: 9,216 sqft
  • New Construction: No
  • MLS #: 4382158

Association

  • HOA Required: No

Interior Features

  • Heating: Natural Gas, Other - See Remarks
  • Cooling: Window Unit(s)
  • None

Appliances

  • Electric Range
  • Refrigerator

Construction Materials

  • Brick Full
  • Foundation: Basement
  • Roof: Architectural Shingle, Rubber

Cooling

  • Window Unit(s)

Foundation Details

  • Basement

Heating

  • Natural Gas
  • Other - See Remarks

Laundry Features

  • None

Parking Features

  • Parking Lot
  • Garage Spaces: 1

Pets Allowed

  • Conditional

Road

  • Road Responsibility: Publicly Maintained Road
  • Road Surface Type: Asphalt, Paved

Sewer

  • Public Sewer

WaterSource

  • City

Location

LISTING COURTESY OF: BRITT COMMERCIAL REAL ESTATE, LLC

zbritt@brittcre.com

MLS GRID

Listings courtesy of Canopy MLS as distributed by MLS GRID

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Citadel Cofield, its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Britt Commercial Real Estate, LLC

Properties displayed may be listed or sold by various participants in the MLS. Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Carnarri Cofield

$1,900,000

49 Corban

14 bed, 0 bath