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Duplex with Private Patios

1746 E Avalon Circle Charleston, SC 29407

1746 E Avalon Circle, Charleston, SC, 29407
$440,000
For Sale
Claim this Listing
$440,000

MULTI_FAMILY - Charleston, SC

Property Size1,595 SF
Lot Size0.41 Acres
Price / SF$275.86
AddedMay 29
Days on Market48
Last RefreshJul 15 at 3:06 pm

Property Features for 1746 E Avalon Circle

General Information

Property type
Residential Multi Family
Property subtype
Other
Bedrooms
4
Rooms
Bedroom 1, Bedroom 3, Bedroom 2, Bedroom 4
Standard status
Active
Size
1,595 SF
Lot size
0.41 Acres

Building Details

Year built
1965
Floors in Building
1
Number of units
2
Building materials
Brick Veneer
Roof type
Asphalt

Listing agent Susan Kraber

Listing office AgentOwned Realty Charleston Group Mount Pleasant, SC

Listing date May 29, 2026

MLS# 26015538 Listing URL

Copyright © 2026 CHS Regional MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


Investment Insights

Based on property information with market context.

This income-producing duplex features a private driveway with off-street parking and private patios for each unit. Electric is separately metered for each unit, and both units pay $75 per month for water/sewer. Unit A is leased for one year at $1,200 per month, with the lease available with an accepted offer. Unit B is marketed for an annual lease at $1,595 per month. The seller notes that the units were previously occupied by long-term tenants and were rented until the end of last year at an undermarket value.

The property is located on E Avalon Circle in Charleston, within the Orange Grove area of West Ashley, and is described as near I-26 as well as downtown Charleston, shopping, restaurants, and medical facilities, while positioned near the marsh.

For buyers seeking a residential income asset with separate utilities and outdoor privacy for residents, this duplex presents two independent units with individual metering and dedicated patio space. Unit A remains occupied and may be viewed with an accepted offer, while Unit B is described as recently painted with new flooring and move-in-ready condition. The listing also states the duplex is fully leased for the next 10 and 12 months.

Key Highlights

  • Income‑producing duplex built in 1965 with brick veneer exterior and asphalt roof
  • Fully leased through the next 10 and 12 months, with both units currently leased
  • Unit A rented for $1,200/month for one year; tenant‑paid $75/month for water/sewer; electric separately metered

Local Financial Insights For Multifamily LT 5

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $31.6k $19.80
− Vacancy −$1.7k −$1.09
EGI $29.8k $18.71
− OpEx −$9.0k −$5.61
NOI $20.9k $13.10
1,595 SF · lease $19.80/SF/yr · vacancy 5.50% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$298.4K
$261.1K – $348.2K (±1% cap)
NOI $20,891 @ 7.0% cap · market cap 4.75%
Second Best
Apartment 5plus
$276.6K
$242.0K – $322.7K (±1% cap)
NOI $19,360 @ 7.0% cap · market cap 4.40%
Theoretical Best
Office A
$431.6K
$377.7K – $503.6K (±1% cap)
NOI $30,214 @ 7.0% cap · market cap 6.87%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Dental Office Building Supply (Bike/Boat/Book/etc) Store Spa & Massage Center Daycare Center Garden Center Auto Parts Store Pharmacy Grocery & Convenience Store Storage Facility

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Duplex - Fully leased duplex with private patios, off-street parking, and separately metered electric for streamlined utility management.
Where is this duplex located?
The property is located at 1746 E Avalon Circle Charleston, SC.
What is the asking price?
The asking price for this property is $440,000.
What are key features of this property?
This property features: Income‑producing duplex built in 1965 with brick veneer exterior and asphalt roof; Fully leased through the next 10 and 12 months, with both units currently leased; Unit A rented for $1,200/month for one year; tenant‑paid $75/month for water/sewer; electric separately metered
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