Renovated Brick
For Sale
$399,900
Pending
123 Woodduck Dr Unit A & B, Summerville, SC 29483
Two three-bedroom residences each include fenced outdoor space and dedicated off-street parking.
Property Size2,300 SF
Days on Market14
Property Features for 123 Woodduck Dr Unit A & B
General Information
Standard status
Pending
Size
2,300 SF
Property subtype
Multi-Family
Units
Unit Mix
2 x 3BR/2BA
Multifamily Units
2
Additional Details
Highway Access
Yes
Amenities
private fenced outdoor area
off-street parking
Building Details
Year Built
1983
Buildings
1
Construction
brick
Listing Agency:
Keller Williams Realty Charleston West Ashley
Listed By:
Jillian Weatherford · License #121502
(843) 767-7777
Source:
Findhomesforsaleincharleston
Added: Oct 1
Changed: Oct 6
Last Checked: Oct 12 at 8:31PM
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 Keller Williams Realty Charleston West Ashley
Investment Insights
Based on property information with market context.
This renovated brick duplex contains two separate units, each with three bedrooms and two bathrooms. Updates include luxury vinyl plank flooring, interior paint, kitchens, baths, lighting, fixtures, appliances, water heaters, and HVAC systems. Shaker cabinetry, quartz counters, and stainless steel appliances feature in each kitchen, while the living and dining areas share an open layout. The property totals 2,300 square feet and was built in 1983.
Both units have private fenced outdoor areas and off-street parking. One unit is leased, and the other is available for occupancy or rental.
Both units have private fenced outdoor areas and off-street parking. One unit is leased, and the other is available for occupancy or rental.
Key Highlights
- Two units, each with 3 bedrooms and 2 bathrooms
- 2,300 square feet in a brick duplex built in 1983
- Renovations include flooring, kitchens, baths, appliances, water heaters, and HVAC systems
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$26,073
Cap Rate
6.52%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$521,460
$521.5K
Cap Rate 7%
$372,471
$372.5K
Cap Rate 9%
$289,700
$289.7K
Market Conditions
NOI Build-Up for 2,300 SF
Gross rent
$40.0K $17.40/SF
− Vacancy
−$2.8K −$1.21/SF
EGI
$37.2K $16.19/SF
− OpEx
−$11.2K −$4.86/SF
NOI
$26.1K $11.34/SF
Area
Dorchester County, SC
Vacancy
6.93%
Lease Rate
$17.40 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$521,460
Cap Rate 7%
$372,471
Cap Rate 9%
$289,700
Alternative Uses
Best Use
Multifamily LT 5
$372.5K
$325.9K – $434.6K
NOI $26,073 @ 7.0% cap · market cap 6.52%
Second Best
Apartment 5plus
$343.8K
$300.8K – $401.1K
NOI $24,063 @ 7.0% cap · market cap 6.02%
Theoretical Best
Office A
$1.72M
$1.51M – $2.01M
NOI $120,488 @ 7.0% cap · market cap 30.13%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Lease Details
2
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
213
Businesses Nearby
Explore this area
Business Placement
Demographics for 29483, SC
56,778
Population
23,133
Households
2.5
Avg Household Size
38
Median Age
30%
College-Educated
92%
High-School Grad
53.3 sq mi
ZIP Area
1,065
Density / Sq Mi
$82,194
Median Household Income
$42,929
Median Earnings
$1,220
Median Rent
$303,400
Median Home Value
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Market
Vacancy Rate% for Multifamily in South region
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Frequently Asked Questions
What type of property is this?
Duplex - Two three-bedroom residences each include fenced outdoor space and dedicated off-street parking.
Where is this duplex located?
The property is located at 123 Woodduck Dr Unit A & B Summerville, SC.
What is the asking price?
The asking price for this property is $399,900.
What are key features of this property?
This property features: Two units, each with 3 bedrooms and 2 bathrooms; 2,300 square feet in a brick duplex built in 1983; Renovations include flooring, kitchens, baths, appliances, water heaters, and HVAC systems
