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Two-Residence Duplex Property
For Sale
Under Contract
$245,000

2708 Meeting Street Road, North Charleston, SC 29405

Residential Income, North Charleston, SC

Property Size1,815 SF
Lot Size0.12 Acres
Price / SF$134.99
Days on Market69

Property Features for 2708 Meeting Street Road

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 5
Rooms Bedroom 3, Bedroom 1, Bedroom 4, Bedroom 2, Bedroom 5
Parking features Garage
Subdivision Chicora Place
Elementary school Chicora
Middle school Morningside
High school North Charleston
Standard status Active Under Contract
Size 1,815 SF
Lot size 0.12 Acres

Utilities

Sewer type Public Sewer
Water source Public

Amenities

in-unit laundry
garage

Building Details

Year built 1945
Number of units 2
Listing Agency: EXP Realty LLC
Listed By: Jay Greenfield
Added: Aug 7 Changed: Oct 12 Last Checked: Oct 14 at 12:06AM
MLS# 26022550

Copyright © 2026 CHS Regional 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 1,815-square-foot property includes two detached residences on two lots, totaling 0.12 acres. The front house has three bedrooms and one bathroom; the rear apartment has two bedrooms and one bathroom. Each residence has in-unit laundry and separate water and electric meters. The front house’s roof was replaced in 2018, and its water heater and HVAC condenser have been replaced. The apartment’s roof was replaced in 2025, and its water heater, HVAC air handler, and condenser have been replaced. A garage beneath the apartment provides storage, with additional parking in front of the house.

The property is zoned B-2 General Business District in the City of North Charleston and is in an X flood zone. Public water and public sewer serve the property.

Key Highlights

  • Two detached residences on two lots; total property size is 1,815 square feet on 0.12 acres
  • Front house: 3 bedrooms and 1 bathroom; roof replaced in 2018
  • Rear apartment: 2 bedrooms and 1 bathroom; roof replaced in 2025

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$22,329
Cap Rate
9.11%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$446,580 $446.6K
Cap Rate 7%
$318,986 $319.0K
Cap Rate 9%
$248,100 $248.1K
Market Conditions
NOI Build-Up for 1,815 SF
Gross rent
$43.6K $24.00/SF
− Vacancy
−$3.0K −$1.63/SF
EGI
$40.6K $22.37/SF
− OpEx
−$18.3K −$10.07/SF
NOI
$22.3K $12.30/SF
Area
North Charleston, SC
Vacancy
6.80%
Lease Rate
$24.00 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$446,580
Cap Rate 7%
$318,986
Cap Rate 9%
$248,100

Alternative Uses

Best Use
Multifamily LT 5
$342.3K
$299.5K – $399.3K (±1% cap)
NOI $23,959 @ 7.0% cap · market cap 9.78%
Second Best
Apartment 5plus
$319.0K
$279.1K – $372.2K (±1% cap)
NOI $22,329 @ 7.0% cap · market cap 9.11%
Theoretical Best
Office A
$492.9K
$431.3K – $575.0K (±1% cap)
NOI $34,500 @ 7.0% cap · market cap 14.08%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Pharmacy Big Box & Wholesale Store Storage Facility

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

2
Residential units
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

406
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
Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Separate water and electric meters serve the front house and rear apartment.
Where is this duplex located?
The property is located at 2708 Meeting Street Road North Charleston, SC.
What is the asking price?
The asking price for this property is $245,000.
What are key features of this property?
This property features: Two detached residences on two lots; total property size is 1,815 square feet on 0.12 acres; Front house: 3 bedrooms and 1 bathroom; roof replaced in 2018; Rear apartment: 2 bedrooms and 1 bathroom; roof replaced in 2025
More about this property
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