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Tenant-Occupied Duplex
For Sale
Under Contract
$695,000

969 Harbor View Road, Charleston, SC 29412

Residential Income, Charleston, SC

Property Size1,647 SF
Lot Size0.35 Acres
Price / SF$421.98
Days on Market613

Property Features for 969 Harbor View Road

General Information

Property type Residential Multi Family
Property subtype Other
Zoning description Conforming
Bedrooms 4
Rooms Bedroom 2, Bedroom 3, Bedroom 1, Bedroom 4
Subdivision Lawton Bluff
Elementary school Stiles Point
Middle school Camp Road
High school James Island Charter
Standard status Active Under Contract
Size 1,647 SF
Lot size 0.35 Acres

Utilities

Sewer type Public Sewer
Water source Public

Building Details

Year built 1970
Number of units 2
Building materials Brick Veneer
Roof type Asphalt
Listing Agency: NAI Charleston, LLC
Listed By: Thomas Boulware
Added: Feb 12, 2025 Changed: Oct 8 Last Checked: Oct 18 at 7:06AM
MLS# 25003829

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 1,647-square-foot duplex was built in 1970 and features brick veneer construction, natural light, and on-site parking. Tenants currently occupy the property and pay rent. The 0.35-acre parcel has public water and sewer service.

At 969 Harbor View Road on James Island, the property is zoned General Business in the City of Charleston. The zoning allows uses such as retail, drive-through food service, and office space.

Key Highlights

  • 1,647‑square‑foot duplex on a 0.35‑acre parcel
  • Currently tenant‑occupied with rent‑paying tenants
  • General Business zoning in the City of Charleston

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$21,572
Cap Rate
3.10%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$431,440 $431.4K
Cap Rate 7%
$308,171 $308.2K
Cap Rate 9%
$239,689 $239.7K
Market Conditions
NOI Build-Up for 1,647 SF
Gross rent
$32.6K $19.80/SF
− Vacancy
−$1.8K −$1.09/SF
EGI
$30.8K $18.71/SF
− OpEx
−$9.2K −$5.61/SF
NOI
$21.6K $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%
$431,440
Cap Rate 7%
$308,171
Cap Rate 9%
$239,689

Alternative Uses

Best Use
Multifamily LT 5
$308.2K
$269.7K – $359.5K (±1% cap)
NOI $21,572 @ 7.0% cap · market cap 3.10%
Second Best
Apartment 5plus
$285.6K
$249.9K – $333.2K (±1% cap)
NOI $19,992 @ 7.0% cap · market cap 2.88%
Theoretical Best
Office A
$445.7K
$390.0K – $520.0K (±1% cap)
NOI $31,199 @ 7.0% cap · market cap 4.49%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Restaurant Real Estate Agency Building Supply Auto Repair Shop Dental Office Law Firm

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

Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

181
Businesses Nearby

Demographics for 29412, SC

39,687
Population
18,429
Households
2.2
Avg Household Size
40
Median Age
55%
College-Educated
96%
High-School Grad
39.2 sq mi
ZIP Area
1,012
Density / Sq Mi
$99,443
Median Household Income
$54,757
Median Earnings
$1,744
Median Rent
$458,000
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

Frequently Asked Questions

What type of property is this?
Duplex - General Business zoning supports a range of potential commercial uses, including retail, drive-through food service, or office use.
Where is this duplex located?
The property is located at 969 Harbor View Road Charleston, SC.
What is the asking price?
The asking price for this property is $695,000.
What are key features of this property?
This property features: 1,647‑square‑foot duplex on a 0.35‑acre parcel; Currently tenant‑occupied with rent‑paying tenants; General Business zoning in the City of Charleston
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