New Construction
For Sale
$999,000
3219 Credenza Rd, Charlotte, NC 28208
Two four-bedroom units include private garages, stainless steel appliances, and individually fenced backyards.
Property Size4,154 SF
Price / SF$240.49
Days on Market68
Property Features for 3219 Credenza Rd
General Information
Standard status
Active
Size
4,154 SF
Property subtype
Multi-Family
Units
Unit Mix
2 x 4BR/2.5BA
Multifamily Units
2
Parking per Unit
1
Building Details
Year Built
2026
Listing Agency:
LKI Realty LLC
Listed By:
Troy Knight · License #266138
(704) 619-3302
Source:
Vantagerealtypros
Added: Aug 9
Changed: Oct 13
Last Checked: Oct 15 at 12:29AM
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 LKI Realty LLC
Investment Insights
Based on property information with market context.
This 4,154-square-foot duplex, built in 2026, is arranged as two townhome-style residences. Each unit contains 4 bedrooms, 2.5 bathrooms, and a one-car garage, along with a private fenced backyard. Interior features include solid-wood cabinetry with soft-close doors and drawers, stainless steel kitchen appliances, and a walk-in pantry.
Located at 3219 Credenza Rd in Charlotte’s Enderly Park area, the property offers access to nearby parks, city amenities, and major routes. The two-unit configuration provides separate residential spaces within one building, with each side offering its own garage, kitchen, bedrooms, bathrooms, and outdoor area.
Located at 3219 Credenza Rd in Charlotte’s Enderly Park area, the property offers access to nearby parks, city amenities, and major routes. The two-unit configuration provides separate residential spaces within one building, with each side offering its own garage, kitchen, bedrooms, bathrooms, and outdoor area.
Key Highlights
- 4,154 SF duplex built in 2026
- Two townhome‑style units, each with 4 bedrooms and 2.5 bathrooms
- One‑car garage and fenced backyard for each unit
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$54,581
Cap Rate
5.46%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,091,620
$1.1M
Cap Rate 7%
$779,729
$779.7K
Cap Rate 9%
$606,456
$606.5K
Market Conditions
NOI Build-Up for 4,154 SF
Gross rent
$82.2K $19.80/SF
− Vacancy
−$4.3K −$1.03/SF
EGI
$78.0K $18.77/SF
− OpEx
−$23.4K −$5.63/SF
NOI
$54.6K $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%
$1,091,620
Cap Rate 7%
$779,729
Cap Rate 9%
$606,456
Alternative Uses
Best Use
Multifamily LT 5
$779.7K
$682.3K – $909.7K
NOI $54,581 @ 7.0% cap · market cap 5.46%
Second Best
Apartment 5plus
$718.0K
$628.3K – $837.7K
NOI $50,262 @ 7.0% cap · market cap 5.03%
Theoretical Best
Office A
$1.38M
$1.21M – $1.61M
NOI $96,830 @ 7.0% cap · market cap 9.69%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
835
Businesses Nearby
Explore this area
Business Placement
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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in South region
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Frequently Asked Questions
What type of property is this?
Duplex - Two four-bedroom units include private garages, stainless steel appliances, and individually fenced backyards.
Where is this duplex located?
The property is located at 3219 Credenza Rd Charlotte, NC.
What is the asking price?
The asking price for this property is $999,000.
What are key features of this property?
This property features: 4,154 SF duplex built in 2026; Two townhome‑style units, each with 4 bedrooms and 2.5 bathrooms; One‑car garage and fenced backyard for each unit
