2-Unit Duplex with Fenced
1521 Brookbank Avenue, Charleston, SC 29412
For Sale
$675,000
Pending
Both residences offer updated kitchen finishes, private bedroom half-baths, and separately enclosed outdoor areas.
Property Size1,925 SF
Days on Market149
Property Features for 1521 Brookbank Avenue
General Information
Standard status
Size
Property subtype
Units
Unit Mix
Multifamily Units
Amenities
picket fenced front yard
privacy fenced back yard
Building Details
Building Size
Year Built
Listing Agency:
Charleston Real Estate Group
Listed By:
Jon Moore
Source:
Sonderhometeam
Added: Jun 15
Changed: Nov 7
Last Checked: Nov 9 at 5:45PM
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 Charleston Real Estate Group
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Investment Insights
Based on property information with market context.
Built in 1975, this duplex contains two residences, each with 963 square feet, three bedrooms, and one and a half bathrooms. A half-bath is connected to the primary bedroom in each unit. Kitchen updates include cabinetry and granite countertops, while the bathrooms have upgraded vanities. Each home has a picket-fenced front yard and a privacy-fenced rear yard.
The property is on James Island, a short drive from downtown Charleston and Folly Beach, with shopping, dining, and local parks in the surrounding area. Locals Sports Bar and Baguette Magic are among the nearby dining options. A neighborhood park with a crabbing dock is also described nearby. The property is covered by a termite bond with Biotech Pest Control.
The property is on James Island, a short drive from downtown Charleston and Folly Beach, with shopping, dining, and local parks in the surrounding area. Locals Sports Bar and Baguette Magic are among the nearby dining options. A neighborhood park with a crabbing dock is also described nearby. The property is covered by a termite bond with Biotech Pest Control.
Key Highlights
- Two residences, each measuring 963 square feet
- Each unit has 3 bedrooms and 1.5 bathrooms
- Primary bedroom in each residence includes a half‑bath
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$25,213
Cap Rate
3.74%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$504,260
$504.3K
Cap Rate 7%
$360,186
$360.2K
Cap Rate 9%
$280,144
$280.1K
Market Conditions
NOI Build-Up for 1,925 SF
Gross rent
$38.1K $19.80/SF
− Vacancy
−$2.1K −$1.09/SF
EGI
$36.0K $18.71/SF
− OpEx
−$10.8K −$5.61/SF
NOI
$25.2K $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%
$504,260
Cap Rate 7%
$360,186
Cap Rate 9%
$280,144
Alternative Uses
Best Use
Multifamily LT 5
$360.2K
$315.2K – $420.2K
NOI $25,213 @ 7.0% cap · market cap 3.74%
Second Best
Apartment 5plus
$333.8K
$292.1K – $389.4K
NOI $23,366 @ 7.0% cap · market cap 3.46%
Theoretical Best
Office A
$520.9K
$455.8K – $607.8K
NOI $36,466 @ 7.0% cap · market cap 5.40%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
462
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
$458,000
Median Home Value
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Market
Average Price Trend$/SF for Duplexes in Charleston, SC
Properties on Market for Duplexes in Charleston
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - Both residences offer updated kitchen finishes, private bedroom half-baths, and separately enclosed outdoor areas.
Where is this duplex located?
The property is located at 1521 Brookbank Avenue Charleston, SC.
What is the asking price?
The asking price for this property is $675,000.
What are key features of this property?
This property features: Two residences, each measuring 963 square feet; Each unit has 3 bedrooms and 1.5 bathrooms; Primary bedroom in each residence includes a half‑bath
