Duplex for
2600 & 2602 Dundeen Street, Charlotte, NC 28216
For Sale
$235,000
The property contains 2,000 square feet and was built in 1961.
Property Size1,961 SF
Price / SF$117.50
Days on Market8
Property Features for 2600 & 2602 Dundeen Street
General Information
Standard status
Size
Property subtype
Property Condition
Severity
Evidence
Site & Location
Neighborhood
Additional Details
Multifamily Units
Amenities
Public Sewer
Additional parcels description:, Parcel Number: 069-062-44, Assessed Value: $223,300
Window Unit(s)
Baseboard
In Kitchen
Listing ID: CAR4439732, Standard Status: Active, MLS Status: Active, Property Subtype: Duplex, 1 day on market, Special Conditions: None
Driveway
Elementary School: Unspecified, Middle School: Unspecified, High School: Unspecified
4 total bedrooms
Built in 1961, Living area: 2000, Construction Materials: Brick Full
Subdivision: Washington Heights, County/Parish: Mecklenburg
2 full bathrooms
Water Source: City
Crawl Space
Allowed: Yes
Road Responsibility: Publicly Maintained Road, Road Surface: Asphalt, Paved
Building Details
Building Size
Year Built
Listing Agency:
Westwood Real Estate Partners
Listed By:
Joshua Gaither · License #277436
(704) 681-3488
Source:
Blackstreaminternational
Added: Nov 2
Changed: Nov 8
Last Checked: Nov 8 at 5:54AM
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 Westwood Real Estate Partners
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This duplex offers 2,000 square feet across its two residential units. Built in 1961, the property requires repairs and updates and is being sold in its current condition.
Located at 2600 and 2602 Dundeen Street in Charlotte, the property is approximately 10 minutes from Uptown. Nearby residential construction and renovated neighboring units are part of the surrounding area.
Located at 2600 and 2602 Dundeen Street in Charlotte, the property is approximately 10 minutes from Uptown. Nearby residential construction and renovated neighboring units are part of the surrounding area.
Key Highlights
- 2,000‑square‑foot duplex
- Built in 1961
- Repairs and updates needed; sale is AS IS
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$21,160
Cap Rate
9.00%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$423,200
$423.2K
Cap Rate 7%
$302,286
$302.3K
Cap Rate 9%
$235,111
$235.1K
Market Conditions
NOI Build-Up for 2,000 SF
Gross rent
$42.0K $21.00/SF
− Vacancy
−$3.5K −$1.76/SF
EGI
$38.5K $19.24/SF
− OpEx
−$17.3K −$8.66/SF
NOI
$21.2K $10.58/SF
Area
ZIP 28216
Vacancy
8.40%
Lease Rate
$21.00 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$423,200
Cap Rate 7%
$302,286
Cap Rate 9%
$235,111
Alternative Uses
Best Use
Multifamily LT 5
$331.3K
$289.9K – $386.5K
NOI $23,189 @ 7.0% cap · market cap 9.87%
Second Best
Apartment 5plus
$302.3K
$264.5K – $352.7K
NOI $21,160 @ 7.0% cap · market cap 9.00%
Theoretical Best
Office A
$705.0K
$616.9K – $822.5K
NOI $49,352 @ 7.0% cap · market cap 21.00%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
399
Businesses Nearby
Explore this area
Business Placement
Demographics for 28216, NC
57,196
Population
24,902
Households
2.3
Avg Household Size
35
Median Age
35%
College-Educated
89%
High-School Grad
30.0 sq mi
ZIP Area
1,907
Density / Sq Mi
$64,977
Median Household Income
$43,643
Median Earnings
$1,464
Median Rent
$246,100
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Average Price Trend$/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 - The property contains 2,000 square feet and was built in 1961.
Where is this duplex located?
The property is located at 2600 & 2602 Dundeen Street Charlotte, NC.
What is the asking price?
The asking price for this property is $235,000.
What are key features of this property?
This property features: 2,000‑square‑foot duplex; Built in 1961; Repairs and updates needed; sale is AS IS
