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2422 CHARLOTTE ST, Denton, TX 76201

The two-building property includes on-site laundry, an outdoor courtyard, and a nearby DCTA bus stop.

Property SizeContact for details
Days on Market6

Property Features for 2422 CHARLOTTE ST

General Information

Standard status Active
Property subtype Multifamily
Occupancy 83%

Units

Unit Mix 14 x studio (494 SF), 14 x 1BR (494 SF), 2 x 2BR (750 SF)
Multifamily Units 30

Additional Details

Average Monthly Rent $919
Public Transit Yes

Amenities

on-site laundry
outdoor courtyard

Building Details

Year Built 1964
Year Renovated 2012
Buildings 2
Listing Agency: Ray Gun Commercial
Listed By: Steven Geis · License #9015145
Source: Crexi
Added: Sep 22 Changed: Sep 26 Last Checked: Sep 26 at 3:07PM

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 Ray Gun Commercial

Investment Insights

Based on property information with market context.

Charlotte Place Apartments is a 30-unit complex built in 1964, with residences distributed across two buildings. A 2012 renovation brought new kitchens, bathrooms, cabinetry, appliances, and flooring, along with replacement of above-slab plumbing, water lines, electrical wiring, and air-conditioning units. Nine residences have received additional flooring and cabinet updates since then. The unit mix comprises 14 studios, 14 one-bedroom apartments, and two two-bedroom apartments. Studio and one-bedroom units measure 494 square feet; the two-bedroom units are 750 square feet. Bathrooms have ceramic tile, and flooring includes luxury vinyl tile and hardwood.

The property is 0.7 miles, or a 14-minute walk, from the University of North Texas Union Circle campus and less than a mile from Fry Street. A DCTA bus stop is nearby. On-site laundry and an outdoor courtyard serve residents. Current occupancy is 83%.

Key Highlights

  • 30 apartments across two buildings; constructed in 1964
  • 2012 renovation included kitchens, baths, plumbing, water lines, wiring, and AC units
  • Unit mix: 14 studios, 14 one‑bedrooms, and two two‑bedrooms

Property Analytics

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Current Use

Apartment buildings

Suggested Use

Top Pick Law Firm Nail Salon Hair Salon Electrical Service Kitchen & Bath Showroom Food Market

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

30
Residential units
83%
Occupancy

Location Intelligence

Trade Area within ½ mile

1,110
Businesses Nearby

Demographics for 76201, TX

27,610
Population
13,087
Households
2.1
Avg Household Size
26
Median Age
46%
College-Educated
95%
High-School Grad
5.5 sq mi
ZIP Area
5,020
Density / Sq Mi
$37,863
Median Household Income
$18,308
Median Earnings
$1,128
Median Rent
$250,200
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - The two-building property includes on-site laundry, an outdoor courtyard, and a nearby DCTA bus stop.
Where is this apartment building located?
The property is located at 2422 CHARLOTTE ST Denton, TX.
What is the asking price?
The asking price for this property is $2,950,000.
What are key features of this property?
This property features: 30 apartments across two buildings; constructed in 1964; 2012 renovation included kitchens, baths, plumbing, water lines, wiring, and AC units; Unit mix: 14 studios, 14 one‑bedrooms, and two two‑bedrooms
More about this property
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