4-Unit
New
For Sale
$660,000
2053 Marsia Lane, North Charleston, SC 29405
Residential Income, North Charleston, SC
Property Size4,400 SF
Lot Size0.09 Acres
Price / SF$150
Days on Market3
Property Features for 2053 Marsia Lane
General Information
Property type
Residential Multi Family
Property subtype
Other
Bedrooms
8
Rooms
Bedroom 2, Bedroom 6, Bedroom 8, Bedroom 3, Bedroom 7, Bedroom 1, Bedroom 4, Bedroom 5
Interior features
Ceiling Fan(s)
Subdivision
North Charleston
Elementary school
Chicora
Middle school
Morningside
High school
North Charleston
Directions
Head Onto I-26 West From Downtown Charleston And Continue For Approximately 10 Miles.take Exit 212 Toward North Charleston/international Airport.merge Onto Us-52/us-78 (rivers Avenue) And Continue North. Turn Left Onto Marsia Lane (just Past Sc-642/dorchester Road Intersection). The Destination Will Be On Your Right
Standard status
Active
Size
4,400 SF
Lot size
0.09 Acres
Additional Details
Tenant in Place
Yes
Utilities
Sewer type
Public Sewer
Water source
Public
Building Details
Year built
1978
Floors in Building
2
Number of units
4
Building materials
Block/Masonry
Listing Agency:
Matt O'Neill Real Estate
Listed By:
David Clausen
(843) 654-7777
Added: Nov 4
Changed: Nov 5
Last Checked: Nov 6 at 9:06AM
MLS# 26029910
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.
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Investment Insights
Based on property information with market context.
This 4,400-square-foot quadplex in North Charleston contains four residences, each with two bedrooms, one bathroom, a living room and an eat-in kitchen. Built in 1978, the property has block and masonry construction on a 0.09-acre lot. Public water and public sewer serve the site.
The property is 1.6 miles from I-26, just over 2 miles from downtown Charleston, just over 3 miles from Park Circle and 6 miles from Charleston International Airport. Unit B is currently rented; additional rental documentation is available.
The property is 1.6 miles from I-26, just over 2 miles from downtown Charleston, just over 3 miles from Park Circle and 6 miles from Charleston International Airport. Unit B is currently rented; additional rental documentation is available.
Key Highlights
- Four separate residences, each with two bedrooms and one bathroom
- 4,400 square feet on a 0.09‑acre lot
- Built in 1978 with block/masonry construction
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$58,082
Cap Rate
8.80%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,161,640
$1.2M
Cap Rate 7%
$829,743
$829.7K
Cap Rate 9%
$645,356
$645.4K
Market Conditions
NOI Build-Up for 4,400 SF
Gross rent
$88.7K $20.16/SF
− Vacancy
−$5.7K −$1.30/SF
EGI
$83.0K $18.86/SF
− OpEx
−$24.9K −$5.66/SF
NOI
$58.1K $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%
$1,161,640
Cap Rate 7%
$829,743
Cap Rate 9%
$645,356
Alternative Uses
Best Use
Multifamily LT 5
$829.7K
$726.0K – $968.0K
NOI $58,082 @ 7.0% cap · market cap 8.80%
Second Best
Apartment 5plus
$773.3K
$676.6K – $902.2K
NOI $54,131 @ 7.0% cap · market cap 8.20%
Theoretical Best
Office A
$1.19M
$1.05M – $1.39M
NOI $83,635 @ 7.0% cap · market cap 12.67%
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
4
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
406
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
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Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Quadplex - Each residence has two bedrooms, a full bath, a living room and an eat-in kitchen.
Where is this quadplex located?
The property is located at 2053 Marsia Lane North Charleston, SC.
What is the asking price?
The asking price for this property is $660,000.
What are key features of this property?
This property features: Four separate residences, each with two bedrooms and one bathroom; 4,400 square feet on a 0.09‑acre lot; Built in 1978 with block/masonry construction
