Brand-New True
206 W Todd Lane A & B, Charlotte, NC 28208
For Sale
$605,000
New duplex with two units, each featuring an open layout with 3 bedrooms and 2.5 bathrooms.
Property Size2,862 SF
Price / SF$211.39
Days on Market104
Property Features for 206 W Todd Lane A & B
General Information
Standard status
Size
Total Parking Spaces
Property subtype
Site & Location
Neighborhood
Additional Details
Multifamily Units
Building Details
Year Built
Listing Agency:
Mundy Real Estate, LLC
Listed By:
Tyler Mundy · License #315056
(980) 771-9200
Source:
Thejaywhiteteam
Added: Jul 27
Changed: Oct 25
Last Checked: Oct 5 at 11:43PM
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 Mundy Real Estate, LLC
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Investment Insights
Based on property information with market context.
Brand-new true duplex located at 206 W Todd Lane, Unit A & B. The property offers two separate residential units, each designed with an open-concept floor plan featuring 3 bedrooms and 2.5 bathrooms. Interiors include 9-foot ceilings on the first floor, with additional design features such as vaulted ceilings, a custom accent wall, and built-in closet shelving. Kitchens are equipped with quartz countertops, soft-close shaker cabinetry, a large island with seating, a tile backsplash, and a spacious pantry.
Each unit includes a primary suite with two separate walk-in closets, both outfitted with custom shelving for storage and organization. The property also provides an attached one-car garage with additional storage space, along with a large backyard suitable for outdoor use.
This configuration supports live-in flexibility with rental income potential from the second unit, while maintaining a cohesive duplex layout for day-to-day management.
Each unit includes a primary suite with two separate walk-in closets, both outfitted with custom shelving for storage and organization. The property also provides an attached one-car garage with additional storage space, along with a large backyard suitable for outdoor use.
This configuration supports live-in flexibility with rental income potential from the second unit, while maintaining a cohesive duplex layout for day-to-day management.
Key Highlights
- Brand‑new true duplex built in 2026 with two units
- Each unit features an open‑concept layout with 3 bedrooms and 2.5 bathrooms
- Kitchens in each unit include quartz countertops, soft‑close shaker cabinetry, a large island, tile backsplash, and spacious pantry
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$37,605
Cap Rate
6.22%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$752,100
$752.1K
Cap Rate 7%
$537,214
$537.2K
Cap Rate 9%
$417,833
$417.8K
Market Conditions
NOI Build-Up for 2,862 SF
Gross rent
$56.7K $19.80/SF
− Vacancy
−$2.9K −$1.03/SF
EGI
$53.7K $18.77/SF
− OpEx
−$16.1K −$5.63/SF
NOI
$37.6K $13.14/SF
Area
Charlotte, NC
Vacancy
5.20%
Lease Rate
$19.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$752,100
Cap Rate 7%
$537,214
Cap Rate 9%
$417,833
Alternative Uses
Best Use
Multifamily LT 5
$537.2K
$470.1K – $626.8K
NOI $37,605 @ 7.0% cap · market cap 6.22%
Second Best
Apartment 5plus
$494.7K
$432.9K – $577.2K
NOI $34,630 @ 7.0% cap · market cap 5.72%
Theoretical Best
Office A
$953.1K
$833.9K – $1.11M
NOI $66,714 @ 7.0% cap · market cap 11.03%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
301
Businesses Nearby
Explore this area
Business Placement
Demographics for 28208, NC
38,614
Population
17,842
Households
2.2
Avg Household Size
34
Median Age
26%
College-Educated
81%
High-School Grad
20.2 sq mi
ZIP Area
1,912
Density / Sq Mi
$51,339
Median Household Income
$40,359
Median Earnings
$1,173
Median Rent
$198,300
Median Home Value
Market
Average Price Trend$/SF for Duplexes in Charlotte, NC
Properties on Market for Duplexes in Charlotte
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - New duplex with two units, each featuring an open layout with 3 bedrooms and 2.5 bathrooms.
Where is this duplex located?
The property is located at 206 W Todd Lane A & B Charlotte, NC.
What is the asking price?
The asking price for this property is $605,000.
What are key features of this property?
This property features: Brand‑new true duplex built in 2026 with two units; Each unit features an open‑concept layout with 3 bedrooms and 2.5 bathrooms; Kitchens in each unit include quartz countertops, soft‑close shaker cabinetry, a large island, tile backsplash, and spacious pantry
