2205 Russelldale Avenue North Charleston, SC 29406
MULTI_FAMILY - North Charleston, SC
- Added:
- Jul 9, 2026
- Days on Market:
- 3
- Last Refresh:
- Jul 11 at 11:06 am
Property Features for 2205 Russelldale Avenue
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 5
- Rooms
- Bedroom 2, Bedroom 5, Bedroom 1, Bedroom 3, Bedroom 4
- Standard status
- Active
- Size
- 1,820 SF
- Lot size
- 0.14 Acres
Utilities
- Sewer type
- Public Sewer
- Water source
- Public
Building Details
- Year built
- 1964
- Floors in Building
- 1
- Number of units
- 3
- Building materials
- Block/Masonry
- Roof type
- Asphalt
Listing agent Elliot Sperling (843) 654-7777
Listing office Matt O'Neill Real Estate Mt. Pleasant, SC (843) 654-7777
Listing date Jul 9, 2026
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 in North Charleston, the address is listed as 2205 Russelldale Avenue (29406). The property is described as being about a half mile from I-526, just over a mile from I-26, and approximately two miles from Park Circle, with additional proximity to Tanger Outlets, Charleston International Airport, and downtown Charleston.
Some images have been virtually enhanced or staged, and the furnishings and decor shown are for illustrative purposes only.
Key Highlights
- Triplex with two 2‑bedroom, 1‑bath units and one 1‑bedroom, 1‑bath unit
- Built in 1964 with block/masonry construction
- Public water and public sewer service
Local 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 | $36.7k | $20.16 |
| − Vacancy | −$2.4k | −$1.30 |
| EGI | $34.3k | $18.86 |
| − OpEx | −$10.3k | −$5.66 |
| NOI | $24.0k | $13.20 |
