Renovated Duplex with Fenced
For Sale
$765,000
1038 Harbor View Road, Charleston, SC 29412
Two residences offer updated kitchens and bathrooms, new appliances, and individually separated outdoor space.
Property Size1,992 SF
Price / SF$384.04
Days on Market298
Property Features for 1038 Harbor View Road
General Information
Standard status
Active
Size
1,992 SF
Property subtype
MULTI_FAMILY
Occupancy
100%
Additional Details
Road Access
Yes
Multifamily Units
2
Tenant in Place
Yes
Building Details
Building Size
1,992 SF
Year Built
1967
Year Renovated
2025
Listing Agency:
Crown Coast Properties
Listed By:
Amy Rogers
(843) 824-4892
Source:
Crowncoast
Added: Jan 5
Changed: Oct 26
Last Checked: Oct 26 at 3:05PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Crown Coast Properties
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Investment Insights
Based on property information with market context.
This two-unit duplex was built in 1967 and renovated in 2025. Each residence measures approximately 996 square feet, for a total property size of 1,992 square feet. Improvements include new appliances and refreshed kitchen and bathroom finishes. Fencing divides the backyard areas, and both units are fully leased.
The property is across from the Harris Teeter retail center and within a 12-minute drive of downtown Charleston.
The property is across from the Harris Teeter retail center and within a 12-minute drive of downtown Charleston.
Key Highlights
- Two‑unit duplex with approximately 996 SF per residence and 1,992 SF total
- Renovated in 2025; year built is 1967
- Both units are fully leased
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$26,091
Cap Rate
3.41%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$521,820
$521.8K
Cap Rate 7%
$372,729
$372.7K
Cap Rate 9%
$289,900
$289.9K
Market Conditions
NOI Build-Up for 1,992 SF
Gross rent
$39.4K $19.80/SF
− Vacancy
−$2.2K −$1.09/SF
EGI
$37.3K $18.71/SF
− OpEx
−$11.2K −$5.61/SF
NOI
$26.1K $13.10/SF
Area
Charleston, SC
Vacancy
5.50%
Lease Rate
$19.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$521,820
Cap Rate 7%
$372,729
Cap Rate 9%
$289,900
Alternative Uses
Best Use
Multifamily LT 5
$372.7K
$326.1K – $434.9K
NOI $26,091 @ 7.0% cap · market cap 3.41%
Second Best
Apartment 5plus
$345.4K
$302.2K – $403.0K
NOI $24,179 @ 7.0% cap · market cap 3.16%
Theoretical Best
Office A
$539.1K
$471.7K – $628.9K
NOI $37,735 @ 7.0% cap · market cap 4.93%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Open Analytics
Lease Details
2
Residential units
100%
Occupancy
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
167
Businesses Nearby
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Business Placement
Demographics for 29412, SC
39,687
Population
18,429
Households
2.2
Avg Household Size
40
Median Age
55%
College-Educated
96%
High-School Grad
39.2 sq mi
ZIP Area
1,012
Density / Sq Mi
$99,443
Median Household Income
$54,757
Median Earnings
$1,744
Median Rent
$458,000
Median Home Value
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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - Two residences offer updated kitchens and bathrooms, new appliances, and individually separated outdoor space.
Where is this duplex located?
The property is located at 1038 Harbor View Road Charleston, SC.
What is the asking price?
The asking price for this property is $765,000.
What are key features of this property?
This property features: Two‑unit duplex with approximately 996 SF per residence and 1,992 SF total; Renovated in 2025; year built is 1967; Both units are fully leased
