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Renovated Historic Duplex
For Sale
$1,174,000

66 America St Unit A & B, Charleston, SC 29403

Turn-key duplex with two renovated units, each offering three bedrooms plus a flex space, with private outdoor areas.

Property Size2,800 SF
Price / SF$419.29
Days on Market250

Property Features for 66 America St Unit A & B

General Information

Standard status Active
Size 2,800 SF
Property subtype Multi-Family

Additional Details

Fenced Yard Yes
Multifamily Units 2

Building Details

Year Built 1890
Tenancy Multi
Listing Agency: Keller Williams Realty Charleston West Ashley
Listed By: Jonathan Holt
Source: Charlestonareahomeseeker
Added: Jan 28 Changed: Oct 1 Last Checked: Oct 4 at 10:00AM

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 Keller Williams Realty Charleston West Ashley

Investment Insights

Based on property information with market context.

This beautifully renovated historic duplex includes two separate units. Each unit features three bedrooms and a flex space that has been used as an additional fourth bedroom, providing flexible room configurations. Interiors blend classic character with modern updates, including kitchens with rich wood cabinetry, granite countertops, stainless steel appliances, and bright finishes. Throughout the units, warm hardwood floors, crisp white walls, large windows, and charming architectural details help create light-filled, inviting living spaces.

Outside, the property offers a large fenced backyard with a brick patio and porch areas associated with each unit. The home is positioned in the heart of downtown Charleston’s Eastside neighborhood, and is described as being minutes from the Cigar Factory, Lucky Luchador, the South Carolina Aquarium, and the Ravenel Bridge.

With two well-appointed, turn-key units and distinct indoor and outdoor areas, the property is set up for an owner-occupant scenario with rental income potential from the second unit.

Key Highlights

  • Historic duplex built in 1890 with 2 units in downtown Charleston’s Eastside neighborhood.
  • Each unit offers 3 bedrooms plus a flex space (used as a 4th bedroom).
  • Renovated kitchens with rich wood cabinetry, granite countertops, and stainless steel appliances.

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$36,674
Cap Rate
3.12%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$733,480 $733.5K
Cap Rate 7%
$523,914 $523.9K
Cap Rate 9%
$407,489 $407.5K
Market Conditions
NOI Build-Up for 2,800 SF
Gross rent
$55.4K $19.80/SF
− Vacancy
−$3.0K −$1.09/SF
EGI
$52.4K $18.71/SF
− OpEx
−$15.7K −$5.61/SF
NOI
$36.7K $13.10/SF
Area
Charleston, SC
Vacancy
5.50%
Lease Rate
$19.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$733,480
Cap Rate 7%
$523,914
Cap Rate 9%
$407,489

Alternative Uses

Best Use
Multifamily LT 5
$523.9K
$458.4K – $611.2K (±1% cap)
NOI $36,674 @ 7.0% cap · market cap 3.12%
Second Best
Apartment 5plus
$485.5K
$424.8K – $566.5K (±1% cap)
NOI $33,987 @ 7.0% cap · market cap 2.89%
Theoretical Best
Office A
$757.7K
$663.0K – $884.0K (±1% cap)
NOI $53,041 @ 7.0% cap · market cap 4.52%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Electrical Service Auto Parts Store Locksmith (Bike/Boat/Book/etc) Store Butcher Tanning Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units
Multi-tenant
Tenancy
Yes
Fenced yard

Location Intelligence

Trade Area within ½ mile

2,247
Businesses Nearby

Demographics for 29403, SC

21,363
Population
13,013
Households
1.6
Avg Household Size
30
Median Age
57%
College-Educated
92%
High-School Grad
5.4 sq mi
ZIP Area
3,956
Density / Sq Mi
$65,689
Median Household Income
$43,421
Median Earnings
$1,658
Median Rent
$624,000
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
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Frequently Asked Questions

What type of property is this?
Duplex - Turn-key duplex with two renovated units, each offering three bedrooms plus a flex space, with private outdoor areas.
Where is this duplex located?
The property is located at 66 America St Unit A & B Charleston, SC.
What is the asking price?
The asking price for this property is $1,174,000.
What are key features of this property?
This property features: Historic duplex built in 1890 with 2 units in downtown Charleston’s Eastside neighborhood.; Each unit offers 3 bedrooms plus a flex space (used as a 4th bedroom).; Renovated kitchens with rich wood cabinetry, granite countertops, and stainless steel appliances.
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