3-Unit Triplex with Separate
5116 Twitty Street, North Charleston, SC 29406
For Sale
New
$570,000
Residential Income, North Charleston, SC
Property Size2,590 SF
Lot Size0.32 Acres
Price / SF$220.08
Days on Market2
Property Features for 5116 Twitty Street
General Information
Property type
Property subtype
Bedrooms
Rooms
Subdivision
Elementary school
Middle school
High school
Directions
Standard status
Size
Lot size
Additional Details
Tenant in Place
Individually Metered Utilities
Utilities
Sewer type
Heating system
Cooling system
Water source
Building Details
Year built
Number of units
Building materials
Listing Agency:
Keller Williams Realty Charleston
Listed By:
Brian Beatty · License #62721
(843) 416-2000
Added: Nov 6
Last Checked: Nov 7 at 11:06AM
MLS# 26030094
Copyright © 2026 CHS Regional MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
Based on property information with market context.
This 2,590-square-foot triplex contains three units on a 0.32-acre parcel. Unit A has 4 bedrooms and 2 bathrooms, Unit C has 3 bedrooms and 1 bathroom, and Unit B has 1 bedroom and 1 bathroom. Each residence has a gas furnace for heat and window-unit air conditioning. Water and electric service are separately metered for each unit, and tenants pay their own utilities.
Updates include new flooring and shower plumbing in Unit C in 2023, a replacement heating system there in 2024, and a new water boiler in 2026. Unit A received floor and bathtub work and a drainpipe repair in 2026. The driveway was redone in 2025, backyard fencing was replaced, and ranges were replaced in Units A and B. The property was built in 1955 and has public water and sewer.
Updates include new flooring and shower plumbing in Unit C in 2023, a replacement heating system there in 2024, and a new water boiler in 2026. Unit A received floor and bathtub work and a drainpipe repair in 2026. The driveway was redone in 2025, backyard fencing was replaced, and ranges were replaced in Units A and B. The property was built in 1955 and has public water and sewer.
Key Highlights
- Three‑unit property with 2,590 square feet on 0.32 acres
- Unit mix: A is 4/2, C is 3/1, and B is 1/1
- Separate water and power meters for all 3 units; tenants pay utilities
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$34,189
Cap Rate
6.00%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$683,780
$683.8K
Cap Rate 7%
$488,414
$488.4K
Cap Rate 9%
$379,878
$379.9K
Market Conditions
NOI Build-Up for 2,590 SF
Gross rent
$52.2K $20.16/SF
− Vacancy
−$3.4K −$1.30/SF
EGI
$48.8K $18.86/SF
− OpEx
−$14.7K −$5.66/SF
NOI
$34.2K $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%
$683,780
Cap Rate 7%
$488,414
Cap Rate 9%
$379,878
Alternative Uses
Best Use
Multifamily LT 5
$488.4K
$427.4K – $569.8K
NOI $34,189 @ 7.0% cap · market cap 6.00%
Second Best
Apartment 5plus
$455.2K
$398.3K – $531.1K
NOI $31,863 @ 7.0% cap · market cap 5.59%
Theoretical Best
Office A
$703.3K
$615.4K – $820.5K
NOI $49,231 @ 7.0% cap · market cap 8.64%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
3
Residential units
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
752
Businesses Nearby
Explore this area
Business Placement
Demographics for 29406, SC
32,730
Population
14,542
Households
2.3
Avg Household Size
32
Median Age
23%
College-Educated
82%
High-School Grad
15.3 sq mi
ZIP Area
2,139
Density / Sq Mi
$50,640
Median Household Income
$36,741
Median Earnings
$1,305
Median Rent
$209,700
Median Home Value
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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Triplex - Three residences offer distinct layouts, individual utility meters, gas-furnace heat, and window-unit cooling.
Where is this triplex located?
The property is located at 5116 Twitty Street North Charleston, SC.
What is the asking price?
The asking price for this property is $570,000.
What are key features of this property?
This property features: Three‑unit property with 2,590 square feet on 0.32 acres; Unit mix: A is 4/2, C is 3/1, and B is 1/1; Separate water and power meters for all 3 units; tenants pay utilities
