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Renovated Triplex
For Sale
$650,000

2706 Crestline Dr, North Charleston, SC 29405

Three separate brick residences offer washer and dryer hookups and individually metered water service.

Property Size2,360 SF
Price / SF$275.42
Days on Market17

Property Features for 2706 Crestline Dr

General Information

Standard status Active
Size 2,360 SF
Property subtype Multi-Family

Site & Location

Highway Access Yes
Road Access Yes
Public Transit Yes
Utilities to Site Yes

Units

Unit Mix 2 x 3BR/1BA, 1 x 2BR/1BA
Multifamily Units 3

Additional Details

Furnished No

Building Details

Year Built 1967
Stories 1
Construction brick
Listing Agency: Matt O'Neill Real Estate
Listed By: Paul Kelton · License #117366
Source: Yourcharlestonhomelistings
Added: Sep 27 Changed: Oct 13 Last Checked: Oct 12 at 7:51PM

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 Matt O'Neill Real Estate

Investment Insights

Based on property information with market context.

This 2,360-square-foot triplex comprises three single-story brick units on slab foundations. Two units have three bedrooms and one full bathroom each; the third has two bedrooms and one full bathroom. Washer and dryer hookups are provided in every unit, with select newer appliances and updates varying by residence. A newer HVAC system serves the property, and each unit has an individual water meter connected to one water account.

The property is at 2706 Crestline Drive in North Charleston, on a dead-end street. It is 1.5 miles from I-26, 4 miles from Charleston International Airport, 4.4 miles from Park Circle, and 6 miles from downtown Charleston. A CARTA bus stop is approximately three blocks away.

Key Highlights

  • Three‑unit brick property with 2,360 square feet
  • Two units have 3 bedrooms and 1 full bathroom; the third has 2 bedrooms and 1 full bathroom
  • Single‑story units with washer and dryer hookups in each

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$31,153
Cap Rate
4.79%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$623,060 $623.1K
Cap Rate 7%
$445,043 $445.0K
Cap Rate 9%
$346,144 $346.1K
Market Conditions
NOI Build-Up for 2,360 SF
Gross rent
$47.6K $20.16/SF
− Vacancy
−$3.1K −$1.30/SF
EGI
$44.5K $18.86/SF
− OpEx
−$13.4K −$5.66/SF
NOI
$31.2K $13.20/SF
Area
North Charleston, SC
Vacancy
6.46%
Lease Rate
$20.16 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$623,060
Cap Rate 7%
$445,043
Cap Rate 9%
$346,144

Alternative Uses

Best Use
Multifamily LT 5
$445.0K
$389.4K – $519.2K (±1% cap)
NOI $31,153 @ 7.0% cap · market cap 4.79%
Second Best
Apartment 5plus
$414.8K
$362.9K – $483.9K (±1% cap)
NOI $29,034 @ 7.0% cap · market cap 4.47%
Theoretical Best
Office A
$640.8K
$560.7K – $747.7K (±1% cap)
NOI $44,859 @ 7.0% cap · market cap 6.90%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Triplexes

Suggested Use

Top Pick Real Estate Agency Gym & Fitness Center Skin Care Clinic Law Firm (Bike/Boat/Book/etc) Store Bakery

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

3
Residential units
Yes
Highway access
Yes
Paved road access
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

735
Businesses Nearby

Demographics for 29405, SC

25,620
Population
13,058
Households
2
Avg Household Size
37
Median Age
27%
College-Educated
84%
High-School Grad
14.7 sq mi
ZIP Area
1,743
Density / Sq Mi
$54,566
Median Household Income
$35,887
Median Earnings
$1,196
Median Rent
$266,200
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?
Triplex - Three separate brick residences offer washer and dryer hookups and individually metered water service.
Where is this triplex located?
The property is located at 2706 Crestline Dr North Charleston, SC.
What is the asking price?
The asking price for this property is $650,000.
What are key features of this property?
This property features: Three‑unit brick property with 2,360 square feet; Two units have 3 bedrooms and 1 full bathroom; the third has 2 bedrooms and 1 full bathroom; Single‑story units with washer and dryer hookups in each
More about this property
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