Two-Story
New
For Sale
$610,000
452 Dawn Circle 285-286, Charlotte, NC 28213
Both residences are tenant-occupied and include separate privacy-fenced yards.
Property Size2,836 SF
Price / SF$215.09
Days on Market2
Property Features for 452 Dawn Circle 285-286
General Information
Standard status
Active
Size
2,836 SF
Property subtype
Multi-Family
Units
Unit Mix
2 x 2BR/2.5BA
Multifamily Units
2
Additional Details
Highway Access
Yes
Building Details
Year Built
2024
Buildings
1
Tenancy
Multi
Listing Agency:
Helen Adams Realty
Listed By:
Amy Gamble
Source:
Dreamteamunited
Added: Oct 5
Changed: Oct 6
Last Checked: Oct 5 at 7:31PM
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 Helen Adams Realty
Investment Insights
Based on property information with market context.
Completed in 2024, this duplex contains two two-story residences totaling 2,836 square feet. Each home has two bedrooms and 2.5 bathrooms, with an open living area and kitchen on the main floor. Granite countertops and a large island anchor each kitchen; both bedrooms are upstairs, each with access to a full bathroom. Each residence also has its own privacy-fenced backyard.
The property is near UNC Charlotte and offers access to shopping, dining, major roadways, and Uptown Charlotte. Both units are tenant-occupied, and the property has no HOA.
The property is near UNC Charlotte and offers access to shopping, dining, major roadways, and Uptown Charlotte. Both units are tenant-occupied, and the property has no HOA.
Key Highlights
- Built in 2024; 2,836 square feet total
- Two units, each with 2 bedrooms and 2.5 bathrooms
- Two‑story layout with open main‑level living area in each residence
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$37,263
Cap Rate
6.11%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$745,260
$745.3K
Cap Rate 7%
$532,329
$532.3K
Cap Rate 9%
$414,033
$414.0K
Market Conditions
NOI Build-Up for 2,836 SF
Gross rent
$56.2K $19.80/SF
− Vacancy
−$2.9K −$1.03/SF
EGI
$53.2K $18.77/SF
− OpEx
−$16.0K −$5.63/SF
NOI
$37.3K $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%
$745,260
Cap Rate 7%
$532,329
Cap Rate 9%
$414,033
Alternative Uses
Best Use
Multifamily LT 5
$532.3K
$465.8K – $621.1K
NOI $37,263 @ 7.0% cap · market cap 6.11%
Second Best
Apartment 5plus
$490.2K
$428.9K – $571.9K
NOI $34,315 @ 7.0% cap · market cap 5.63%
Theoretical Best
Office A
$944.4K
$826.4K – $1.10M
NOI $66,108 @ 7.0% cap · market cap 10.84%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
2
Residential units
Multi-tenant
Tenancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
674
Businesses Nearby
Explore this area
Business Placement
Demographics for 28213, NC
47,215
Population
20,484
Households
2.3
Avg Household Size
31
Median Age
34%
College-Educated
86%
High-School Grad
14.2 sq mi
ZIP Area
3,325
Density / Sq Mi
$55,612
Median Household Income
$39,704
Median Earnings
$1,341
Median Rent
$251,700
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 - Both residences are tenant-occupied and include separate privacy-fenced yards.
Where is this duplex located?
The property is located at 452 Dawn Circle 285-286 Charlotte, NC.
What is the asking price?
The asking price for this property is $610,000.
What are key features of this property?
This property features: Built in 2024; 2,836 square feet total; Two units, each with 2 bedrooms and 2.5 bathrooms; Two‑story layout with open main‑level living area in each residence
