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Single-Level Brick Duplex
For Sale
$575,000

3019 Columbus Circle, Charlotte, NC 28208

Two updated units include kitchens, laundry areas, covered porches, and separate driveway access.

Property Size1,953 SF
Lot Size0.29 Acres
Price / SF$396.55
Days on Market56

Property Features for 3019 Columbus Circle

General Information

Standard status Active
Size 1,953 SF
Lot size 0.29 Acres
Property subtype Duplex

Units

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

Amenities

covered front porch
fenced backyard
skyline view
Public Sewer
Additional parcels description:, Parcel Number: 067-041-10, Assessed Value: $334,600
Central Air
Central
In Unit
Listing ID: CAR4416977, Standard Status: Active, MLS Status: Active, Property Subtype: Duplex, 50 days on market, Special Conditions: None
Driveway
Elementary School: Ashley Park, Middle School: Ashley Park, High School: West Charlotte
4 total bedrooms
Built in 1953, Living area: 1450, Construction Materials: Brick Full
Subdivision: Regal Heights, County/Parish: Mecklenburg
2 full bathrooms
Water Source: City
Crawl Space
Allowed: Yes, Breed Restrictions
Road Responsibility: Publicly Maintained Road, Road Surface: Concrete, Paved
Dishwasher, Microwave, Refrigerator, Washer/Dryer

Building Details

Building Size 1,953 SF
Year Built 1953
Buildings 1
Stories 1
Construction full-brick
Listing Agency: Keller Williams Ballantyne Area
Listed By: Leslie Hamp Adams
Source: Blackstreaminternational
Added: Aug 21 Changed: Oct 15 Last Checked: Oct 14 at 11:22PM

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 Keller Williams Ballantyne Area

Investment Insights

Based on property information with market context.

This single-story duplex contains two residences within a full-brick structure. Each unit has a split two-bedroom layout, one full bathroom, a laundry area, living room, kitchen, covered front porch, and concrete driveway access. Combined, the property provides approximately 1,450 heated square feet on a 0.29-acre parcel. Recent updates include quartz countertops, stainless steel appliances, and neutral interior paint. The property also includes a shared fenced backyard.

Located at 3019 Columbus Cir in Charlotte, the duplex is described as being moments from uptown and Wesley Heights. A Charlotte skyline view is visible at night. The property was built in 1953 and has no HOA. Its two-unit configuration supports the owner-occupant, multigenerational, and portfolio use possibilities identified in the property information.

Key Highlights

  • Two‑unit, single‑level full‑brick duplex
  • Approximately 1,450 heated square feet on a 0.29‑acre parcel
  • Each unit has two bedrooms, one full bath, and a laundry area

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$19,052
Cap Rate
3.31%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$381,040 $381.0K
Cap Rate 7%
$272,171 $272.2K
Cap Rate 9%
$211,689 $211.7K
Market Conditions
NOI Build-Up for 1,450 SF
Gross rent
$28.7K $19.80/SF
− Vacancy
−$1.5K −$1.03/SF
EGI
$27.2K $18.77/SF
− OpEx
−$8.2K −$5.63/SF
NOI
$19.1K $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%
$381,040
Cap Rate 7%
$272,171
Cap Rate 9%
$211,689

Alternative Uses

Best Use
Multifamily LT 5
$272.2K
$238.2K – $317.5K (±1% cap)
NOI $19,052 @ 7.0% cap · market cap 3.31%
Second Best
Apartment 5plus
$250.6K
$219.3K – $292.4K (±1% cap)
NOI $17,545 @ 7.0% cap · market cap 3.05%
Theoretical Best
Office A
$482.9K
$422.5K – $563.3K (±1% cap)
NOI $33,800 @ 7.0% cap · market cap 5.88%
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 Plumbing Service Garden Center (Bike/Boat/Book/etc) Store Kitchen & Bath Showroom Locksmith Restaurant

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

Location Intelligence

Trade Area within ½ mile

761
Businesses Nearby

Demographics for 28208, NC

38,614
Population
17,842
Households
2.2
Avg Household Size
34
Median Age
26%
College-Educated
81%
High-School Grad
20.2 sq mi
ZIP Area
1,912
Density / Sq Mi
$51,339
Median Household Income
$40,359
Median Earnings
$1,173
Median Rent
$198,300
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 - Two updated units include kitchens, laundry areas, covered porches, and separate driveway access.
Where is this duplex located?
The property is located at 3019 Columbus Circle Charlotte, NC.
What is the asking price?
The asking price for this property is $575,000.
What are key features of this property?
This property features: Two‑unit, single‑level full‑brick duplex; Approximately 1,450 heated square feet on a 0.29‑acre parcel; Each unit has two bedrooms, one full bath, and a laundry area
More about this property
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