Newly Built Duplex with
For Sale
$600,000
206 W Todd Lane Unit A & B, Charlotte, NC 28208
Both residences offer three-bedroom layouts, private outdoor space, and attached one-car garages.
Property Size2,862 SF
Price / SF$209.64
Days on Market95
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
Site & Location
Neighborhood
West Middle
Additional Details
Multifamily Units
2
Amenities
backyard
Building Details
Building Size
2,862 SF
Year Built
2026
Buildings
1
Listing Agency:
Mundy Real Estate, LLC
Listed By:
Tyler Mundy · License #315056
(980) 771-9200
Source:
Guerra-realty
Added: Jul 30
Changed: Oct 27
Last Checked: Nov 1 at 7:25AM
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.
Completed in 2026, this duplex contains two units within 2,862 square feet. Each residence has an open-concept plan with three bedrooms, two and a half bathrooms, and an attached one-car garage with additional storage. The kitchens feature quartz counters, shaker cabinetry, tile backsplashes, islands with seating, and walk-in pantries. Interior details include nine-foot first-floor ceilings, vaulted ceilings, built-in closet shelving, and a primary suite with two walk-in closets.
The property is at 206 W Todd Lane in Charlotte, North Carolina. Each unit also has access to a large backyard, providing outdoor space alongside the indoor living areas.
The property is at 206 W Todd Lane in Charlotte, North Carolina. Each unit also has access to a large backyard, providing outdoor space alongside the indoor living areas.
Key Highlights
- Two‑unit duplex completed in 2026
- 2,862 square feet total
- Each unit has 3 bedrooms and 2.5 bathrooms
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$37,605
Cap Rate
6.27%
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 6.27%
Second Best
Apartment 5plus
$494.7K
$432.9K – $577.2K
NOI $34,630 @ 7.0% cap · market cap 5.77%
Theoretical Best
Office A
$953.1K
$833.9K – $1.11M
NOI $66,714 @ 7.0% cap · market cap 11.12%
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
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - Both residences offer three-bedroom layouts, private outdoor space, and attached one-car garages.
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 $600,000.
What are key features of this property?
This property features: Two‑unit duplex completed in 2026; 2,862 square feet total; Each unit has 3 bedrooms and 2.5 bathrooms
