Renovated Duplex with Private
For Sale
$399,900
Pending
123 Woodduck Drive #A & B, Summerville, SC 29483
Two separate three-bedroom, two-bath residences provide rental flexibility or the option for owner occupancy.
Property Size2,300 SF
Days on Market11
Property Features for 123 Woodduck Drive #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
off-street parking
private fenced outdoor area
Building Details
Year Built
1983
Buildings
1
Construction
brick
Listing Agency:
Coldwell Banker Realty
Listed By:
Marley Presswood Group
(843) 568-3212
Source:
Marleypresswood
Added: Oct 4
Changed: Oct 13
Last Checked: Oct 12 at 8:24PM
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 Coldwell Banker Realty
Investment Insights
Based on property information with market context.
Built in 1983, this 2,300-square-foot brick duplex contains two units, each with three bedrooms and two bathrooms. Renovation work includes updated kitchens and baths, luxury vinyl plank flooring, fresh paint, contemporary fixtures, new appliances, water heaters and HVAC systems. Shaker cabinetry, quartz countertops and stainless steel appliances distinguish the kitchens, while each residence has a private fenced outdoor area and off-street parking.
The property is approximately two miles from Historic Downtown Summerville, with access to shopping, dining and I-26. Unit A is leased; the second unit can be used as a rental or occupied by the owner.
The property is approximately two miles from Historic Downtown Summerville, with access to shopping, dining and I-26. Unit A is leased; the second unit can be used as a rental or occupied by the owner.
Key Highlights
- Two units, each with 3 bedrooms and 2 bathrooms
- 2,300‑square‑foot brick duplex built in 1983
- Renovation includes new 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.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
2
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
54
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
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Duplex - Two separate three-bedroom, two-bath residences provide rental flexibility or the option for owner occupancy.
Where is this duplex located?
The property is located at 123 Woodduck Drive #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‑foot brick duplex built in 1983; Renovation includes new appliances, water heaters and HVAC systems
