Great opportunity in Kannapolis! This one-story home features 3 bedrooms, 1 bathroom, a comfortable living room, dedicated laundry room, and a kitchen with an eat-in breakfast area. The property also includes a covered carport and a wooded backyard that offers privacy and a natural setting. Ideal for homeowners or investors, this home has a strong rental history with previous tenants paying between $1,390 and $1,450 per month over the last six years. Conveniently located near shopping, dining, downtown Kannapolis, and major highways. Don't miss this versatile property with excellent income-producing potential.
Under contract-show
Price cut: $7.5K (6/25)
$197,500
303 Rice St, Kannapolis, NC 28081
3beds
845sqft
Single Family Residence
Built in 1940
0.17 Acres Lot
$194,600 Zestimate®
$234/sqft
$-- HOA
What's special
Dedicated laundry roomCovered carport
- 102 days
- 54
- 2
Zillow last checked:
Listing updated:
Listed by:
Josh Fretz JoshFretz@Selling4Carolinas.com,
RE/MAX Executive
Source: Canopy MLS as distributed by MLS GRID,MLS#: 4387455
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 1
- Full bathrooms: 1
- Main level bedrooms: 3
Primary bedroom
- Level: Main
Bedroom s
- Level: Main
Bathroom full
- Level: Main
Breakfast
- Level: Main
Breakfast
- Level: Main
Kitchen
- Level: Main
Living room
- Level: Main
Heating
- Electric, Forced Air
Cooling
- Central Air
Appliances
- Included: Electric Range, Refrigerator
- Laundry: Laundry Room
Features
- Attic Other
- Windows: Insulated Windows
- Has basement: No
- Attic: Other
Interior area
- Total structure area: 845
- Total interior livable area: 845 sqft
- Finished area above ground: 845
- Finished area below ground: 0
Property
Parking
- Total spaces: 1
- Parking features: Detached Carport, Driveway
- Carport spaces: 1
- Has uncovered spaces: Yes
Features
- Levels: One
- Stories: 1
Lot
- Size: 0.17 Acres
- Dimensions: 50 x 152 x 50 x 152
Details
- Parcel number: 156195
- Zoning: Res
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Vinyl
- Foundation: Crawl Space
Condition
- New construction: No
- Year built: 1940
Utilities & green energy
- Sewer: Public Sewer
- Water: City
Community & HOA
Community
- Subdivision: None
Location
- Region: Kannapolis
Financial & listing details
- Price per square foot: $234/sqft
- Tax assessed value: $130,582
- Annual tax amount: $1,488
- Date on market: 5/31/2026
- Cumulative days on market: 73 days
- Listing terms: Cash,Conventional,FHA,USDA Loan,VA Loan
- Road surface type: Asphalt, Other, Paved
Estimated market value
$194,600
$185,000 - $204,000
$1,454/mo
Price history
| Date | Event | Price |
|---|---|---|
| 6/25/2026 | Price change | $197,500-3.7%$234/sqft |
Source:  Canopy MLS as distributed by MLS GRID #4387455 Report a problem | ||
| 5/31/2026 | Listed for sale | $205,000-29.3%$243/sqft |
Source: Canopy MLS as distributed by MLS GRID #4387455 Report a problem | ||
| 5/28/2026 | Listing removed | $1,490$2/sqft |
Source: Zillow Rentals Report a problem | ||
| 2/20/2026 | Listed for rent | $1,490$2/sqft |
Source: Zillow Rentals Report a problem | ||
| 2/1/2022 | Sold | $290,000$343/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,488 | $130,582 |
| 2024 | $1,488 -5.8% | $130,582 |
| 2023 | $1,580 +174.7% | $130,582 +192.3% |
| 2022 | $575 -66.7% | $44,681 |
| 2021 | $1,726 +50% | $44,681 |
| 2020 | $1,151 +100% | $44,681 |
| 2019 | $575 +14.3% | $44,681 +14.7% |
| 2018 | $503 +1.5% | $38,949 |
| 2017 | $496 | $38,949 |
| 2016 | $496 | $38,949 |
| 2015 | $496 -1.5% | $38,949 |
| 2014 | $503 | -- |
| 2013 | -- | -- |
| 2012 | -- | -- |
| 2011 | -- | -- |
| 2010 | -- | -- |
| 2008 | -- | -- |
| 2007 | -- | -- |
| 2006 | -- | -- |
| 2005 | -- | -- |
| 2004 | -- | -- |
| 2003 | -- | -- |
| 2002 | -- | -- |
| 2001 | -- | -- |
| 2000 | -- | -- |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: 28081
Nearby schools
Schools provided by the listing agent
- Elementary: Landis
- Middle: Corriher-Lipe
- High: South Rowan
Source: Canopy MLS as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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