6-Unit Apartment
For Sale
$595,000
936 Sheep Island Road Unit Unit A & B, Summerville, SC 29486
A front duplex and four rear units share a single parcel, with carports serving each building area.
Property Size3,292 SF
Price / SF$180.74
Days on Market112
Property Features for 936 Sheep Island Road Unit Unit A & B
General Information
Standard status
Active
Size
3,292 SF
Property subtype
Residential Income
Additional Details
Multifamily Units
6
Tenant in Place
Yes
Amenities
covered front porch
private fenced yard
covered carport
window units
Building Details
Year Built
2008
Listing Agency:
Connie White Real Estate & Design, LLC
Listed By:
Connie White · License #78160
(843) 532-3356
Source:
Indigooakrealestate
Added: Jul 15
Changed: Nov 1
Last Checked: Nov 3 at 7:47AM
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 Connie White Real Estate & Design, LLC
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
Six rental units occupy one parcel, arranged as a duplex at the front and four additional units behind it. The 3,292-square-foot property was built in 2008. The front duplex contains two mirrored units and a shared carport; each has a covered front porch. Four rear units open onto a shared fenced yard, with covered carport or patio access. Window units provide heating and cooling throughout.
Two septic tanks serve the property and were inspected and pumped in early 2026. Unit B has a new tenant, and Unit A is also tenant-occupied.
Two septic tanks serve the property and were inspected and pumped in early 2026. Unit B has a new tenant, and Unit A is also tenant-occupied.
Key Highlights
- Six units on one parcel: a front duplex plus four rear units
- 3,292 square feet; built in 2008
- Shared carport for the front duplex; rear units have covered carport or patio access
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$34,441
Cap Rate
5.79%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$688,820
$688.8K
Cap Rate 7%
$492,014
$492.0K
Cap Rate 9%
$382,678
$382.7K
Market Conditions
NOI Build-Up for 3,292 SF
Gross rent
$67.6K $20.52/SF
− Vacancy
−$4.9K −$1.50/SF
EGI
$62.6K $19.02/SF
− OpEx
−$28.2K −$8.56/SF
NOI
$34.4K $10.46/SF
Area
Dorchester County, SC
Vacancy
7.30%
Lease Rate
$20.52 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$688,820
Cap Rate 7%
$492,014
Cap Rate 9%
$382,678
Alternative Uses
Best Use
Apartment 5plus
$492.0K
$430.5K – $574.0K
NOI $34,441 @ 7.0% cap · market cap 5.79%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.46M
$2.16M – $2.87M
NOI $172,455 @ 7.0% cap · market cap 28.98%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Lease Details
6
Residential units
Location Intelligence
Trade Area within ½ mile
7
Businesses Nearby
Explore this area
Business Placement
Demographics for 29486, SC
41,148
Population
19,452
Households
2.1
Avg Household Size
35
Median Age
31%
College-Educated
90%
High-School Grad
62.3 sq mi
ZIP Area
660
Density / Sq Mi
$87,386
Median Household Income
$45,533
Median Earnings
$1,612
Median Rent
$329,300
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Apartment building - A front duplex and four rear units share a single parcel, with carports serving each building area.
Where is this apartment building located?
The property is located at 936 Sheep Island Road Unit Unit A & B Summerville, SC.
What is the asking price?
The asking price for this property is $595,000.
What are key features of this property?
This property features: Six units on one parcel: a front duplex plus four rear units; 3,292 square feet; built in 2008; Shared carport for the front duplex; rear units have covered carport or patio access
