Single Family Residence at 420 Maiden Lane SW, Concord
Single Family Residence at 420 Maiden Lane SW, Concord, photo 2 of 17
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17 photos

$225,000

420 Maiden Lane SW
Concord, NC 28025
Listed by Chip Jetton · COMPASS
Bedrooms
3
Bathrooms
2
Living area
1,152 sqft
Year built
1996

About this home

Investors, add a proven cash-flowing property to your portfolio with this 3BR/2BA home that is just minutes to the heart of historic downtown  Concord! This is a turnkey property with tenant already in place. Current lease is for $1,599/mo and runs through May 31, 2027. At nearly an 8.5% gross return in one of the fastest growing areas in the region, this is a great property in which to place your capital. LVP flooring throughout and stainless steel appliances. Partially fenced yard. Minutes to I-85, Concord Mills, and the growing Cabarrus County job base - a market benefitting from continued Charlotte-metro spillover demand. Serious investors only, tenant lease runs through May 31, 2027. To limit tenant inconvenience we will initially block time on Thursday, 9/24, for showings.

Property details

MLS
Canopy MLS
MLS #
CAR4424970
Property type
Single Family Residence
Subdivision
Brooklyn
Status
Active
Days on market
32
On market date
September 18, 2026
Stories
N/A
Total bathrooms
2
Garage spaces
N/A
Parking spaces
N/A
Lot size
N/A
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Nearby schools

Within 10 miles. School directory data from the National Center for Education Statistics (NCES), accessed via the Urban Institute Education Data API. Local Score is calculated by INNOVATE Real Estate; where a state rating is shown, it comes from that state's own official school report card.

Elementary
R Brown McAllister Elementary
0.62 mi away · Grades 0-5
Zoned school (attendance boundary, 2015-16 data)
3.3
Local Score (state rating (2025) blended 70/30 with student-teacher ratio) -- not an official state rating
State rating: C (2025)
Enrollment
344
Student:teacher ratio
13.8:1
District
Cabarrus County Schools
Middle
Concord Middle
2.19 mi away · Grades 6-8
Zoned school (attendance boundary, 2015-16 data)
1.9
Local Score (state rating (2025) blended 70/30 with student-teacher ratio) -- not an official state rating
State rating: F (2025)
Enrollment
702
Student:teacher ratio
14.0:1
District
Cabarrus County Schools
High
Cabarrus-Kannapolis Early Coll
5.39 mi away · Grades 9-13
Zoned school (attendance boundary, 2015-16 data)
3.8
Local Score (state rating (2025) blended 70/30 with student-teacher ratio) -- not an official state rating
State rating: A (2025)
Enrollment
240
Student:teacher ratio
30.0:1
District
Cabarrus County Schools

Walkability

Blended score for Concord's center, calculated by INNOVATE Real Estate from two sources: the EPA's National Walkability Index (street network, transit, land-use mix) and Google Places amenity data (what's actually reachable on foot from this point). EPA National Walkability Index only -- nearby-amenity data not cached yet for this area.

51
Somewhat walkable
out of 100
EPA National Walkability Index
10.2 / 20 -- Below average walkable

Market position

How this listing compares to current activity in Concord, from live MLS data.

On the market 32 days -- 38 fewer days than Concord's current average of 70 days.
For reference, the median list price across 627 active listings in Concord right now is $351,900.

Mortgage calculator

Estimate only - actual rate and payment depend on your lender, credit, and loan program.

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Adjust tax / insurance estimates
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Est. monthly payment
$1,505/mo
$45,000 down
$180,000 loan
Principal & interest$1,167
Property tax (est.)$188
Home insurance (est.)$150

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Data source: Listing information provided by Canopy MLS (carolina) via Trestle/CoreLogic. Last updated 2 days ago.

Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.