1983 Macon Avenue # B Unit A & B, North Charleston, SC 29405

Building Details

Building Size 2,000 SF More

Year Built 2026 More

Listing Agency: Daniel Ravenel Sotheby's International Realty

Listed By: Joseph E. Smith

Source: Sonderhometeam

Added: Jul 30 Changed: Nov 8 Last Checked: Nov 8 at 9:05PM

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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 Daniel Ravenel Sotheby's International Realty

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Investment Insights

Based on property information with market context.

Completed in 2026, this 2,000-square-foot duplex has two residences with open-concept layouts. Interior details include quartz countertops, custom-tile bathrooms with rain showers, luxury vinyl plank floors, and modern fixtures. The exterior combines Hardie Plank siding and a metal roof, with a fenced backyard serving the property.

The property is near Park Circle, I-526, Boeing, Charleston International Airport, Tanger Outlets, and downtown Charleston. Restaurants, breweries, parks, and entertainment are also described as minutes away.

Key Highlights

• 2,000 square feet across two residences
• Built in 2026
• Quartz countertops, custom‑tile bathrooms, and rain showers in each residence

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr

$26,401

Cap Rate

4.22%

Suggested Prices Based on Cap Rates

Cap Rate 5%

$528,020 $528.0K

Cap Rate 7%

$377,157 $377.2K

Cap Rate 9%

$293,344 $293.3K

Is this asking price fair?

Market Conditions

NOI Build-Up for 2,000 SF

Gross rent

$40.3K $20.16/SF

− Vacancy

−$2.6K −$1.30/SF

EGI

$37.7K $18.86/SF

− OpEx

−$11.3K −$5.66/SF

NOI

$26.4K $13.20/SF

Area

North Charleston, 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%

$528,020

Cap Rate 7%

$377,157

Cap Rate 9%

$293,344

Alternative Uses

Best Use

Multifamily LT 5

$377.2K

$330.0K – $440.0K (±1% cap)

NOI $26,401 @ 7.0% cap · market cap 4.22%

Second Best

Apartment 5plus

$351.5K

$307.6K – $410.1K (±1% cap)

NOI $24,605 @ 7.0% cap · market cap 3.94%

Theoretical Best

Office A

$543.1K

$475.2K – $633.6K (±1% cap)

NOI $38,016 @ 7.0% cap · market cap 6.08%

Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history

Open Analytics

Lease Details

2

Residential units

Yes

Highway access

Location Intelligence

Trade Area within ½ mile

577

Businesses Nearby

Explore this area Business Placement

Demographics for 29405, SC

25,620

Population

13,058

Households

2

Avg Household Size

37

Median Age

27%

College-Educated

84%

High-School Grad

14.7 sq mi

ZIP Area

1,743

Density / Sq Mi

$54,566

Median Household Income

$35,887

Median Earnings

$1,196

Median Rent

$266,200

Median Home Value

Market

Average Price Trend$/SF for Duplexes in Charleston County, SC

$565 Jul

$504 Aug

$617 Sep

$545 Oct

Properties on Market for Duplexes in Charleston County

Jul

Aug

Sep

Oct

Vacancy Rate% for Multifamily in South region

8.5% 2022

10.2% 2023

11.4% 2024

11.3% 2025

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Frequently Asked Questions

What type of property is this?

Duplex - Both residences offer open layouts with quartz counters, tile bathrooms, and luxury vinyl plank flooring.

Where is this duplex located?

The property is located at 1983 Macon Avenue # B Unit A & B North Charleston, SC.

What is the asking price?

The asking price for this property is $625,000.

What are key features of this property?

This property features: 2,000 square feet across two residences; Built in 2026; Quartz countertops, custom‑tile bathrooms, and rain showers in each residence