Brand-New True
New
For Sale
$637,000
206 W Todd Lane Unit A & B, Charlotte, NC 28208
New duplex with two units, each featuring an open layout with 3 bedrooms and 2.5 bathrooms.
Property Size2,862 SF
Price / SF$222.57
Days on Market4
Property Features for 206 W Todd Lane Unit A & B
General Information
Standard status
Active
Size
2,862 SF
Total Parking Spaces
1
Property subtype
Duplex
Additional Details
Multifamily Units
2
Amenities
Size: 0.228, Size Units: Acres
Flooring: Vinyl
Garage Spaces: 2, Man Level Garage: 1
Details: "Ceiling Fan(s)", "Central Air", "Heat Pump"
Heating: "Central", "Heat Pump"
Description: In Hall
Days on Market: 0, Listing Price: 637000, Status: Coming Soon-No Show
Elementary: Unspecified, Middle/Junior High: Unspecified, High School: Unspecified
Total Bathrooms: 6
Finished Area Above Grade: 2862, Area: 2862, Building Area: 2862, Construction Materials: "Shingle/Shake", "Vinyl", Stories: 2, Year Built: 2026, Construction Type: Site Built
Unit: A & B, City: Charlotte, State: NC, Zip: 28208, County: Mecklenburg, Subdivision: Todd Park
Full Bathrooms: 4, Half Bathrooms: 2
Sewer: Public Sewer, Water Source: City
Description: No
Auction Y/N: 0
Description: "Dishwasher", "Disposal", "Electric Range", "Microwave"
Building Details
Building Size
2,862 SF
Year Built
2026
Listing Agency:
Mundy Real Estate, LLC
(980) 771-9200
Listed By:
Tyler Mundy
(980) 771-9200
Source:
Blackstreaminternational
Added: Jul 27
Changed: Jul 28
Last Checked: Jul 30 at 5:53AM
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
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 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 | $56.7k | $19.80 |
| − Vacancy | −$2.9k | −$1.03 |
| EGI | $53.7k | $18.77 |
| − OpEx | −$16.1k | −$5.63 |
| NOI | $37.6k | $13.14 |
2,862 SF · lease $19.80/SF/yr · vacancy 5.20% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$537.2K
$470.1K – $626.8K
NOI $37,605 @ 7.0% cap · market cap 5.90%
Second Best
Apartment 5plus
$494.7K
$432.9K – $577.2K
NOI $34,630 @ 7.0% cap · market cap 5.44%
Theoretical Best
Office A
$953.1K
$833.9K – $1.11M
NOI $66,714 @ 7.0% cap · market cap 10.47%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
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
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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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 Unit A & B Charlotte, NC.
What is the asking price?
The asking price for this property is $637,000.
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
