4-Unit Quadplex with New
For Sale
$609,000
7668 Hunters Ridge Lane #1.4, North Charleston, SC 29420
Repainted exterior and refreshed vacant unit add updated finishes to this North Charleston multifamily property.
Property Size4,069 SF
Price / SF$149.67
Days on Market86
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Property Features for 7668 Hunters Ridge Lane #1.4
General Information
Standard status
Active
Size
4,069 SF
Property subtype
Multi-Family
Building Details
Year Built
1973
Listing Agency:
Matt O'neill Real Estate
Listed By:
Southern Bell Living
(843) 287-9888
Source:
Southernbellliving
Added: Jul 22
Changed: Oct 15
Last Checked: Oct 14 at 10:59PM
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 Matt O'neill Real Estate
Investment Insights
Based on property information with market context.
This 4,069-square-foot quadplex contains four separate residential units within a multifamily property built in 1973. The building received a new 2026 roof and fascia boards, while the exterior was repainted. The vacant unit also includes new flooring and paint, providing refreshed interior finishes in that portion of the property.
Located at 7668 Hunters Ridge Lane in North Charleston, the property is in Dorchester County near Boeing, Joint Base Charleston, Charleston International Airport, shopping, dining, and major highways. The four-unit configuration supports separate residential occupancy within one investment property, with layouts described as functional and suited to long-term tenancy.
Located at 7668 Hunters Ridge Lane in North Charleston, the property is in Dorchester County near Boeing, Joint Base Charleston, Charleston International Airport, shopping, dining, and major highways. The four-unit configuration supports separate residential occupancy within one investment property, with layouts described as functional and suited to long-term tenancy.
Key Highlights
- Four separate residential units in one quadplex
- 4,069 square feet on a 1973‑built multifamily property
- New 2026 roof and fascia boards
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$53,712
Cap Rate
8.82%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,074,240
$1.1M
Cap Rate 7%
$767,314
$767.3K
Cap Rate 9%
$596,800
$596.8K
Market Conditions
NOI Build-Up for 4,069 SF
Gross rent
$82.0K $20.16/SF
− Vacancy
−$5.3K −$1.30/SF
EGI
$76.7K $18.86/SF
− OpEx
−$23.0K −$5.66/SF
NOI
$53.7K $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%
$1,074,240
Cap Rate 7%
$767,314
Cap Rate 9%
$596,800
Alternative Uses
Best Use
Multifamily LT 5
$767.3K
$671.4K – $895.2K
NOI $53,712 @ 7.0% cap · market cap 8.82%
Second Best
Apartment 5plus
$715.1K
$625.7K – $834.3K
NOI $50,058 @ 7.0% cap · market cap 8.22%
Theoretical Best
Office A
$1.10M
$966.8K – $1.29M
NOI $77,344 @ 7.0% cap · market cap 12.70%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
120
Businesses Nearby
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Business Placement
Demographics for 29420, SC
23,619
Population
9,537
Households
2.5
Avg Household Size
36
Median Age
31%
College-Educated
87%
High-School Grad
10.0 sq mi
ZIP Area
2,362
Density / Sq Mi
$69,043
Median Household Income
$40,949
Median Earnings
$1,506
Median Rent
$283,900
Median Home Value
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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Quadplex - Repainted exterior and refreshed vacant unit add updated finishes to this North Charleston multifamily property.
Where is this quadplex located?
The property is located at 7668 Hunters Ridge Lane #1.4 North Charleston, SC.
What is the asking price?
The asking price for this property is $609,000.
What are key features of this property?
This property features: Four separate residential units in one quadplex; 4,069 square feet on a 1973‑built multifamily property; New 2026 roof and fascia boards
