$1,900,000
About this home
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 details
- MLS #
- CAR4382158
- Property type
- Apartment
- Subdivision
- N/A
- Status
- Active
- Days on market
- 13
- On market date
- May 14, 2026
- Stories
- N/A
- Total bathrooms
- N/A
- Garage spaces
- 1
- Parking spaces
- N/A
- Lot size
- N/A
Location
Get directions →Nearby schools
Within 10 miles · public school directory data (NCES)
- Enrollment
- 677
- Student:teacher ratio
- 13.3:1
- District
- Cabarrus County Schools
- Enrollment
- 702
- Student:teacher ratio
- 14.0:1
- District
- Cabarrus County Schools
- Enrollment
- 240
- Student:teacher ratio
- 30.0:1
- District
- Cabarrus County Schools
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Data source: Listing information provided by Canopy MLS (carolina) via Trestle/CoreLogic. Last updated May 27, 2026.
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.