Two-Unit Duplex with Hardwood
2500 Shamrock Drive, Charlotte, NC 28205
For Sale
$375,000
Both residences have two bedrooms and one bath, with parking provided for each side.
Property Size1,959 SF
Price / SF$272.13
Days on Market11
Property Features for 2500 Shamrock Drive
General Information
Standard status
Size
Property subtype
Site & Location
Neighborhood
Units
Unit Mix
Multifamily Units
Additional Details
Tenant in Place
Amenities
Public Sewer
Additional parcels description:, Parcel Number: 093-076-01, Assessed Value: $308,900
Central Air
Central
In Unit
Listing ID: CAR4437450, Standard Status: Active, MLS Status: Active, Property Subtype: Duplex, Special Conditions: Subject to Lease
2 open parking spaces, Other Parking: 2+ parking spots her unit., Driveway
Elementary School: Shamrock Gardens, Middle School: Eastway, High School: Garinger
4 total bedrooms
Built in 1959, Living area: 1378, Construction Materials: Brick Full
Subdivision: Country Club Heights, County/Parish: Mecklenburg
2 full bathrooms
Water Source: City
Crawl Space
Allowed: Yes
Electricity, Gas, Water
Road Responsibility: Publicly Maintained Road, Road Surface: Concrete, Paved
Gas Range, Refrigerator, Washer/Dryer
Building Details
Building Size
Year Built
Buildings
Listing Agency:
Nestlewood Realty, LLC
(704) 302-4464
Listed By:
Bobby Sisk · License #274388
(704) 819-0710
Source:
Blackstreaminternational
Added: Oct 30
Changed: Nov 8
Last Checked: Nov 8 at 6:10AM
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 Nestlewood Realty, LLC
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Investment Insights
Based on property information with market context.
This 1959 duplex contains two residences, each configured with two bedrooms and one bathroom. Original hardwood floors and refrigerators are included in both units, along with washer and dryers. The property totals 1,378 square feet and occupies a corner lot. Parking is available for each residence.
One unit is leased through January 31, 2027, while the other is vacant, freshly painted, and available to show. The property is on Shamrock Drive in Charlotte’s 28205 ZIP code, with Plaza Midwood, NoDa, and Uptown identified as nearby destinations.
One unit is leased through January 31, 2027, while the other is vacant, freshly painted, and available to show. The property is on Shamrock Drive in Charlotte’s 28205 ZIP code, with Plaza Midwood, NoDa, and Uptown identified as nearby destinations.
Key Highlights
- Two residences, each with 2 bedrooms and 1 bathroom
- 1,378‑square‑foot duplex built in 1959
- Original hardwood floors in both units
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$18,106
Cap Rate
4.83%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$362,120
$362.1K
Cap Rate 7%
$258,657
$258.7K
Cap Rate 9%
$201,178
$201.2K
Market Conditions
NOI Build-Up for 1,378 SF
Gross rent
$27.3K $19.80/SF
− Vacancy
−$1.4K −$1.03/SF
EGI
$25.9K $18.77/SF
− OpEx
−$7.8K −$5.63/SF
NOI
$18.1K $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%
$362,120
Cap Rate 7%
$258,657
Cap Rate 9%
$201,178
Alternative Uses
Best Use
Multifamily LT 5
$258.7K
$226.3K – $301.8K
NOI $18,106 @ 7.0% cap · market cap 4.83%
Second Best
Apartment 5plus
$238.2K
$208.4K – $277.9K
NOI $16,673 @ 7.0% cap · market cap 4.45%
Theoretical Best
Office A
$458.9K
$401.5K – $535.4K
NOI $32,121 @ 7.0% cap · market cap 8.57%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
359
Businesses Nearby
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Business Placement
Demographics for 28205, NC
49,600
Population
24,605
Households
2
Avg Household Size
34
Median Age
46%
College-Educated
86%
High-School Grad
11.8 sq mi
ZIP Area
4,203
Density / Sq Mi
$72,479
Median Household Income
$49,340
Median Earnings
$1,376
Median Rent
$410,800
Median Home Value
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Market
Average Price Trend$/SF for Duplexes in Charlotte, NC
Properties on Market for Duplexes in Charlotte
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - Both residences have two bedrooms and one bath, with parking provided for each side.
Where is this duplex located?
The property is located at 2500 Shamrock Drive Charlotte, NC.
What is the asking price?
The asking price for this property is $375,000.
What are key features of this property?
This property features: Two residences, each with 2 bedrooms and 1 bathroom; 1,378‑square‑foot duplex built in 1959; Original hardwood floors in both units
