Renovated Duplex
For Sale
$253,000
9512 Raven Drive, Ladson, SC 29456
Residential, Ladson, SC
Property Size1,217 SF
Lot Size0.15 Acres
Price / SF$207.89
Days on Market387
Property Features for 9512 Raven Drive
General Information
Property type
Residential Multi Family
Property subtype
Other
Bedrooms
3
Bathrooms
2
Full bathrooms
2
Rooms
Bedroom 3, Family Room, Dining Room, Bedroom 1, Bathroom 1, Bathroom 2, Laundry Room, Bedroom 2
Patio and Porch features
Porch
Interior features
Ceiling - Cathedral/Vaulted, Ceiling - Smooth, Eat-in Kitchen, Family, Formal Living, Living/Dining Combo, Office, Separate Dining
Fencing
Chain Link
Fireplace
1
Subdivision
Avenue of Oaks
Lot features
0 - .5 Acre, Corner Lot, Cul-De-Sac
Elementary school
Joseph Pye
Middle school
Oakbrook
High school
Ashley Ridge
Directions
Dorchester Rd To Ladson Rd Or Hwy 78 To Ladson Rd. Turn Onto Avenue Of Oaks, Left On Hickory Lane To Right On Raven Dr.
Standard status
Active
Size
1,217 SF
Lot size
0.15 Acres
Utilities
Sewer type
Public Sewer
Heating system
Central
Cooling system
Central Air
Building Details
Year built
1986
Floors in Building
1
Flooring type
Vinyl
Building materials
Vinyl Siding, Wood Siding
Roof type
Asphalt
Listing Agency:
EXP Realty LLC
(888) 440-2798
Listed By:
Tiffany Pressley
(843) 998-1508
Added: Sep 5, 2025
Changed: Sep 14
Last Checked: Sep 26 at 11:06PM
MLS# 25024481
Copyright © 2026 CHS Regional MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This offering comprises one side of a duplex at 9512 Raven Drive in Ladson. The 1,217-square-foot residence includes three bedrooms, two bathrooms, a family room, formal living and dining areas, an office, and a laundry room. Interior features include vaulted and smooth ceilings, vinyl flooring, an eat-in kitchen, and a wood-burning fireplace. A porch and chain-link fencing add to the exterior improvements.
The property occupies a 0.15-acre lot in Dorchester County and was built in 1986. Renovation work included new flooring, plumbing and water-supply lines, bathrooms, kitchen finishes, light fixtures, and a hot water heater. Central heating and central air conditioning serve the home, while public sewer, an asphalt roof, and vinyl and wood siding are also in place. The property is offered as-is, and no HOA is identified.
The property occupies a 0.15-acre lot in Dorchester County and was built in 1986. Renovation work included new flooring, plumbing and water-supply lines, bathrooms, kitchen finishes, light fixtures, and a hot water heater. Central heating and central air conditioning serve the home, while public sewer, an asphalt roof, and vinyl and wood siding are also in place. The property is offered as-is, and no HOA is identified.
Key Highlights
- One side of a duplex offered for sale at 9512 Raven Drive
- 1,217‑square‑foot residence on a 0.15‑acre lot
- Three bedrooms, two bathrooms, office, family room, and laundry room
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$12,732
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
5.03%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$254,640
$254.6K
Cap Rate 7%
$181,886
$181.9K
Cap Rate 9%
$141,467
$141.5K
Market Conditions
NOI Build-Up for 1,217 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$25.0K $20.52/SF
− Vacancy
−$1.8K −$1.50/SF
EGI
$23.1K $19.02/SF
− OpEx
−$10.4K −$8.56/SF
NOI
$12.7K $10.46/SF
Area
Dorchester County, SC
Vacancy
7.30%
Lease Rate
$20.52 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$254,640
Cap Rate 7%
$181,886
Cap Rate 9%
$141,467
Alternative Uses
Best Use
Apartment 5plus
$181.9K
$159.2K – $212.2K
NOI $12,732 @ 7.0% cap · market cap 5.03%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$910.8K
$796.9K – $1.06M
NOI $63,754 @ 7.0% cap · market cap 25.20%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Lease Details
1
Residential units
Location Intelligence
Trade Area within ½ mile
461
Businesses Nearby
Explore this area
Business Placement
Demographics for 29456, SC
37,577
Population
16,136
Households
2.3
Avg Household Size
33
Median Age
24%
College-Educated
92%
High-School Grad
18.1 sq mi
ZIP Area
2,076
Density / Sq Mi
$79,038
Median Household Income
$41,683
Median Earnings
$1,473
Median Rent
$244,400
Median Home Value
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Frequently Asked Questions
What type of property is this?
Residential income property - Updated residential income property with vaulted ceilings, central HVAC, and an eat-in kitchen.
Where is this residential income property located?
The property is located at 9512 Raven Drive Ladson, SC.
What is the asking price?
The asking price for this property is $253,000.
What are key features of this property?
This property features: One side of a duplex offered for sale at 9512 Raven Drive; 1,217‑square‑foot residence on a 0.15‑acre lot; Three bedrooms, two bathrooms, office, family room, and laundry room
