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Brick Duplex Income Property
For Sale
$275,000

2706 and 2708 Harwell Street, Claremont, NC 28610

MULTI_FAMILY - Claremont, NC

Property Size1,650 SF
Lot Size0.36 Acres
Price / SF$166.67
Days on Market209

Property Features for 2706 and 2708 Harwell Street

General Information

Property type Residential Multi Family
Property subtype Duplex
Zoning description R-1
Bedrooms 4
Bathrooms 2
Full bathrooms 2
Rooms Bathroom 2, Bedroom 2, Bedroom 4, Bedroom 1, Bedroom 3, Bathroom 1
Parking features Driveway
Pets allowed Yes
Appliances Dryer, Electric Cooktop, Refrigerator, Washer
Elementary school Claremont
Middle school River Bend
High school Bunker Hill
Directions Head south on S Depot St toward Catawba St Turn left onto Yount St Turn left onto Harwell St
Standard status Active
APN 3762183092770000
Lot size 0.36 Acres

Taxes and HOA fees

Tax Description LOT 3
Legal Description LOT 3

Utilities

Sewer type Public Sewer
Heating system Central
Cooling system Central Air

Building Details

Year built 1975
Number of units 2
Building materials Brick Full
Listing Agency: EXP Realty LLC Mooresville
Listed By: Jessica Harvey
Added: Jan 7 Changed: Aug 4 Last Checked: Aug 4 at 9:06PM
MLS# 4333434

Copyright © 2026 Canopy 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.

This brick duplex income property includes two separate 2-bedroom, 1-bath units. Built in 1975, the property totals 1,650 square feet and sits on a 0.36-acre corner lot. Each unit is equipped with central heating and central air, and the home includes kitchen and laundry appliances such as a refrigerator, electric cooktop, washer, and dryer.

The duplex is located at 2706 and 2708 Harwell Street in Claremont, NC (Catawba County). Parking is available via driveway.

The property has public sewer service. Both sides are described as currently vacant and ready for showings, with one side previously used as a short-term rental and the other side used as a long-term rental.

Key Highlights

  • Two 2BR/1BA units in a brick duplex
  • 1,650 square feet on a 0.36‑acre corner lot
  • Built in 1975

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 $22.8k $13.80
− Vacancy −$1.5k −$0.90
EGI $21.3k $12.90
− OpEx −$6.4k −$3.87
NOI $14.9k $9.03
1,650 SF · lease $13.80/SF/yr · vacancy 6.50% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$212.9K
$186.3K – $248.4K (±1% cap)
NOI $14,903 @ 7.0% cap · market cap 5.42%
Second Best
Apartment 5plus
$197.8K
$173.1K – $230.8K (±1% cap)
NOI $13,849 @ 7.0% cap · market cap 5.04%
Theoretical Best
Office A
$482.0K
$421.7K – $562.3K (±1% cap)
NOI $33,739 @ 7.0% cap · market cap 12.27%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Plumbing Service (Bike/Boat/Book/etc) Store Real Estate Agency Auto Parts Store Grocery & Convenience Store Garden Center

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

Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

134
Businesses Nearby

Demographics for 28610, NC

10,100
Population
5,050
Households
2
Avg Household Size
42
Median Age
16%
College-Educated
81%
High-School Grad
39.9 sq mi
ZIP Area
253
Density / Sq Mi
$62,309
Median Household Income
$40,741
Median Earnings
$867
Median Rent
$159,400
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

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

What type of property is this?
Duplex - Brick duplex with two 2BR/1BA units, central HVAC, and driveway parking on a 0.36-acre corner lot.
Where is this duplex located?
The property is located at 2706 and 2708 Harwell Street Claremont, NC.
What is the asking price?
The asking price for this property is $275,000.
What are key features of this property?
This property features: Two 2BR/1BA units in a brick duplex; 1,650 square feet on a 0.36‑acre corner lot; Built in 1975
More about this property
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