4-Unit Duplex
For Sale
$520,000
Pending
5814 Robinson Street Unit A B C D, Hanahan, SC 29410
The property comprises two duplex buildings with a mix of one- and two-bedroom apartments.
Property Size2,508 SF
Days on Market885
Property Features for 5814 Robinson Street Unit A B C D
General Information
Standard status
Pending
Size
2,508 SF
Property subtype
Residential Income
Units
Unit Mix
2 x 1BR, 2 x 2BR
Multifamily Units
4
Building Details
Year Built
1950
Buildings
2
Listing Agency:
Carolina One Real Estate
Listed By:
Bob Winstead · License #31588
(843) 670-4611
Source:
Indigooakrealestate
Added: May 29, 2024
Changed: Oct 28
Last Checked: Oct 28 at 3:34PM
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 Carolina One Real Estate
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This residential income property consists of two duplex buildings totaling 2,508 square feet. The four apartments include two one-bedroom units in one building and two two-bedroom units in the other. Both buildings date to 1950.
Key Highlights
- Two duplex buildings with four apartments total
- One building contains two one‑bedroom apartments
- Second building contains two two‑bedroom apartments
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$33,107
Cap Rate
6.37%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$662,140
$662.1K
Cap Rate 7%
$472,957
$473.0K
Cap Rate 9%
$367,856
$367.9K
Market Conditions
NOI Build-Up for 2,508 SF
Gross rent
$50.6K $20.16/SF
− Vacancy
−$3.3K −$1.30/SF
EGI
$47.3K $18.86/SF
− OpEx
−$14.2K −$5.66/SF
NOI
$33.1K $13.20/SF
Area
Berkeley County, SC
Vacancy
6.46%
Lease Rate
$20.16 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$662,140
Cap Rate 7%
$472,957
Cap Rate 9%
$367,856
Alternative Uses
Best Use
Multifamily LT 5
$473.0K
$413.8K – $551.8K
NOI $33,107 @ 7.0% cap · market cap 6.37%
Second Best
Apartment 5plus
$440.8K
$385.7K – $514.2K
NOI $30,854 @ 7.0% cap · market cap 5.93%
Theoretical Best
Office A
$678.7K
$593.9K – $791.8K
NOI $47,510 @ 7.0% cap · market cap 9.14%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Lease Details
4
Residential units
Location Intelligence
Trade Area within ½ mile
243
Businesses Nearby
Explore this area
Business Placement
Demographics for 29410, SC
20,238
Population
8,501
Households
2.4
Avg Household Size
36
Median Age
38%
College-Educated
94%
High-School Grad
10.5 sq mi
ZIP Area
1,927
Density / Sq Mi
$84,061
Median Household Income
$53,195
Median Earnings
$1,324
Median Rent
$339,800
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - The property comprises two duplex buildings with a mix of one- and two-bedroom apartments.
Where is this duplex located?
The property is located at 5814 Robinson Street Unit A B C D Hanahan, SC.
What is the asking price?
The asking price for this property is $520,000.
What are key features of this property?
This property features: Two duplex buildings with four apartments total; One building contains two one‑bedroom apartments; Second building contains two two‑bedroom apartments
