Updated Two-Unit
New
For Sale
$280,000
4331 Andrews St Apt A And B, North Charleston, SC 29418
Two refreshed one-bedroom residences include separate mini-split air-conditioning systems and new appliances.
Property Size989 SF
Price / SF$283.11
Days on Market6
Property Features for 4331 Andrews St Apt A And B
General Information
Standard status
Active
Size
989 SF
Property subtype
Multi-Family
Site & Location
Neighborhood
Ashley Acres
Units
Unit Mix
2 x 1BR/1BA
Multifamily Units
2
Additional Details
Tenant in Place
Yes
Amenities
new appliances
mini-split air conditioning systems
Building Details
Year Built
1945
Buildings
1
Listing Agency:
Brand Name Real Estate
Listed By:
Ashley Starkey
(888) 210-3282
Source:
Greatercharlestonhomesource
Added: Oct 25
Changed: Oct 28
Last Checked: Oct 28 at 4:24PM
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 Brand Name Real Estate
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This North Charleston duplex contains two 1-bedroom, 1-bathroom units within 989 square feet. Recent work includes new flooring and interior paint in both residences, along with new appliances and mini-split air-conditioning systems. The roof has also been replaced. Unit B is rented and may be shown with an acceptable offer.
The property is near Joint Base Charleston, Bosch, and Boeing, placing it close to several major employment centers.
The property is near Joint Base Charleston, Bosch, and Boeing, placing it close to several major employment centers.
Key Highlights
- Two units, each configured with 1 bedroom and 1 bathroom
- 989 square feet in total
- New flooring, interior paint, and appliances in both units
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$13,055
Cap Rate
4.66%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$261,100
$261.1K
Cap Rate 7%
$186,500
$186.5K
Cap Rate 9%
$145,056
$145.1K
Market Conditions
NOI Build-Up for 989 SF
Gross rent
$19.9K $20.16/SF
− Vacancy
−$1.3K −$1.30/SF
EGI
$18.7K $18.86/SF
− OpEx
−$5.6K −$5.66/SF
NOI
$13.1K $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%
$261,100
Cap Rate 7%
$186,500
Cap Rate 9%
$145,056
Alternative Uses
Best Use
Multifamily LT 5
$186.5K
$163.2K – $217.6K
NOI $13,055 @ 7.0% cap · market cap 4.66%
Second Best
Apartment 5plus
$173.8K
$152.1K – $202.8K
NOI $12,167 @ 7.0% cap · market cap 4.35%
Theoretical Best
Office A
$268.6K
$235.0K – $313.3K
NOI $18,799 @ 7.0% cap · market cap 6.71%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
195
Businesses Nearby
Explore this area
Business Placement
Demographics for 29418, SC
24,154
Population
12,334
Households
2
Avg Household Size
37
Median Age
21%
College-Educated
86%
High-School Grad
13.2 sq mi
ZIP Area
1,830
Density / Sq Mi
$62,421
Median Household Income
$41,287
Median Earnings
$1,277
Median Rent
$234,500
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - Two refreshed one-bedroom residences include separate mini-split air-conditioning systems and new appliances.
Where is this duplex located?
The property is located at 4331 Andrews St Apt A And B North Charleston, SC.
What is the asking price?
The asking price for this property is $280,000.
What are key features of this property?
This property features: Two units, each configured with 1 bedroom and 1 bathroom; 989 square feet in total; New flooring, interior paint, and appliances in both units
