Duplex with Private
4115 Tresevant Ave, Charlotte, NC 28208
For Sale
$325,000
Two separate residences offer flexible occupancy options with distinct one- and two-story?
Property Size1,519 SF
Price / SF$213.96
Days on Market56
Property Features for 4115 Tresevant Ave
General Information
Standard status
Size
Property subtype
Site & Location
Neighborhood
Building Details
Year Built
Listed By:
David Upchurch
(704) 815-6995
Source:
Carolinahomeclick
Added: Sep 15
Changed: Nov 3
Last Checked: Nov 8 at 6:21AM
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 David Upchurch
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Investment Insights
Based on property information with market context.
This duplex contains two independent residences, each with a private entrance and functional layout. One unit includes two bedrooms and one bathroom, while the other provides three bedrooms and one bathroom. The configuration supports separate occupancy within one property and can accommodate an owner-occupant arrangement or continued rental use.
Built in 1951, the property occupies .25 acres in Charlotte. Major highways, the airport, shopping, and dining are nearby, while new construction is taking place in the surrounding area.
Built in 1951, the property occupies .25 acres in Charlotte. Major highways, the airport, shopping, and dining are nearby, while new construction is taking place in the surrounding area.
Key Highlights
- Two‑unit duplex on .25 acres
- One unit offers 2 bedrooms and 1 bath
- Second unit includes 3 bedrooms and 1 bath
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$19,959
Cap Rate
6.14%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$399,180
$399.2K
Cap Rate 7%
$285,129
$285.1K
Cap Rate 9%
$221,767
$221.8K
Market Conditions
NOI Build-Up for 1,519 SF
Gross rent
$30.1K $19.80/SF
− Vacancy
−$1.6K −$1.03/SF
EGI
$28.5K $18.77/SF
− OpEx
−$8.6K −$5.63/SF
NOI
$20.0K $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%
$399,180
Cap Rate 7%
$285,129
Cap Rate 9%
$221,767
Alternative Uses
Best Use
Multifamily LT 5
$285.1K
$249.5K – $332.7K
NOI $19,959 @ 7.0% cap · market cap 6.14%
Second Best
Apartment 5plus
$262.6K
$229.8K – $306.3K
NOI $18,380 @ 7.0% cap · market cap 5.66%
Theoretical Best
Office A
$505.8K
$442.6K – $590.1K
NOI $35,408 @ 7.0% cap · market cap 10.89%
Zoning and permitted uses should be independently verified with authorities.
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Location Intelligence
Trade Area within ½ mile
615
Businesses Nearby
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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
$198,300
Median Home Value
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Market
Average Price Trend$/SF for Duplexes in Charlotte, NC
Properties on Market for Duplexes in Charlotte
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - Two separate residences offer flexible occupancy options with distinct one- and two-story?
Where is this duplex located?
The property is located at 4115 Tresevant Ave Charlotte, NC.
What is the asking price?
The asking price for this property is $325,000.
What are key features of this property?
This property features: Two‑unit duplex on .25 acres; One unit offers 2 bedrooms and 1 bath; Second unit includes 3 bedrooms and 1 bath
