Duplex with Development
For Sale
Under Contract
$450,000
2108 Ridge Church Road, Summerville, SC 29486
MULTI_FAMILY - Summerville, SC
Property Size2,280 SF
Lot Size0.79 Acres
Price / SF$197.37
Days on Market97
Property Features for 2108 Ridge Church Road
General Information
Property type
Residential Multi Family
Property subtype
Other
Bedrooms
4
Rooms
Bedroom 1, Bedroom 3, Bedroom 2, Bedroom 4
Interior features
Ceiling Fan(s)
Elementary school
Sangaree
Middle school
Sangaree
High school
Stratford
Directions
Take Hwy 26 West To Ext 199b, In 2 Miles Turn Right Onto Ridge Church Rd, Property Will Be The First One On The Left
Subdivision
74 - Summerville, Ladson, Berkeley Cty
Standard status
Active Under Contract
Size
2,280 SF
Lot size
0.79 Acres
Utilities
Sewer type
Septic Tank
Water source
Well
Building Details
Year built
1955
Floors in Building
1
Number of units
2
Building materials
Block/Masonry
Listing Agency:
Matt O'Neill Real Estate
(843) 654-7777
Listed By:
Marcela Ruiz
(843) 654-7777
Added: May 1
Changed: Aug 2
Last Checked: Aug 5 at 11:06AM
MLS# 26012595
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.
Investment Insights
Based on property information with market context.
Located off N Main Street in Summerville, this property features a duplex and an adjacent vacant lot, encompassing approximately 0.79 acres. The duplex contains two units. Unit A is configured with one bedroom and one bathroom, while Unit B includes three bedrooms and two bathrooms. This layout is suitable for rental income or flexible occupancy. The vacant lot provides opportunities for future development, expansion, or additional investment. The property is located 1.7 miles from Nexton Square, 2 miles from I 26, and 4.2 miles from downtown Summerville. The sale includes two TMS numbers.
Key Highlights
- Duplex built in 1955 with block/masonry construction
- One‑bedroom, one‑bath Unit A plus a three‑bedroom, two‑bath Unit B
- Ceiling fan(s) included (interior feature)
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 | $39.7k | $17.40 |
| − Vacancy | −$2.7k | −$1.21 |
| EGI | $36.9k | $16.19 |
| − OpEx | −$11.1k | −$4.86 |
| NOI | $25.8k | $11.34 |
2,280 SF · lease $17.40/SF/yr · vacancy 6.93% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$369.2K
$323.1K – $430.8K
NOI $25,846 @ 7.0% cap · market cap 5.74%
Second Best
Apartment 5plus
$340.8K
$298.2K – $397.6K
NOI $23,854 @ 7.0% cap · market cap 5.30%
Theoretical Best
Office A
$1.71M
$1.49M – $1.99M
NOI $119,440 @ 7.0% cap · market cap 26.54%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
301
Businesses Nearby
Explore this area
Business Placement
Demographics for 29486, SC
41,148
Population
19,452
Households
2.1
Avg Household Size
35
Median Age
31%
College-Educated
90%
High-School Grad
62.3 sq mi
ZIP Area
660
Density / Sq Mi
$87,386
Median Household Income
$45,533
Median Earnings
$1,612
Median Rent
$329,300
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 - Duplex with vacant lot near Nexton Square.
Where is this duplex located?
The property is located at 2108 Ridge Church Road Summerville, SC.
What is the asking price?
The asking price for this property is $450,000.
What are key features of this property?
This property features: Duplex built in 1955 with block/masonry construction; One‑bedroom, one‑bath Unit A plus a three‑bedroom, two‑bath Unit B; Ceiling fan(s) included (interior feature)
