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Harbor View Investment Opportunity

975 Harbor View Road Charleston, SC 29412

975 Harbor View Road, Charleston, SC, 29412
$695,000
For Sale
Under Contract
Claim this Listing
$695,000

MULTI_FAMILY - Charleston, SC

Property Size1,958 SF
Lot Size0.35 Acres
Price / SF$354.95
AddedFeb 12, 2025
Days on Market518
Last RefreshJul 15 at 8:06 am

Property Features for 975 Harbor View Road

General Information

Property type
Residential Multi Family
Property subtype
Other
Bedrooms
4
Rooms
Bedroom 2, Bedroom 3, Bedroom 1, Bedroom 4
Standard status
Active Under Contract
Size
1,958 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 agent Zack Lord

Listing office NAI Charleston, LLC Charleston, SC

Listing date Feb 12, 2025

MLS# 25003822 Listing URL

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.


Investment Insights

Based on property information with market context.

This portfolio consists of two investment properties situated in an established market in James Island. The properties are located along the Harbor View corridor, offering visibility and access. Both duplexes are currently tenant-occupied, providing cash flow. Each duplex features ample parking and natural light. The rent roll is available upon request. The parcels could be combined and converted into a future development opportunity. Zoned General Business in the City of Charleston, the parcels allow for a multitude of uses including retail and fast food. The lot size is 0.35 acres and the property size is 1958 square feet.

Key Highlights

  • Two duplex investment properties in a portfolio on James Island, with tenants paying rent
  • Each duplex has ample parking and natural light, with a rent roll available by request
  • Brick veneer construction; public water and public sewer

Local Financial Insights For Multifamily LT 5

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $38.8k $19.80
− Vacancy −$2.1k −$1.09
EGI $36.6k $18.71
− OpEx −$11.0k −$5.61
NOI $25.6k $13.10
1,958 SF · lease $19.80/SF/yr · vacancy 5.50% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$366.4K
$320.6K – $427.4K (±1% cap)
NOI $25,645 @ 7.0% cap · market cap 3.69%
Second Best
Apartment 5plus
$339.5K
$297.1K – $396.1K (±1% cap)
NOI $23,767 @ 7.0% cap · market cap 3.42%
Theoretical Best
Office A
$529.9K
$463.6K – $618.2K (±1% cap)
NOI $37,091 @ 7.0% cap · market cap 5.34%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Restaurant Real Estate Agency Building Supply Auto Repair Shop Dental Office Law Firm Big Box & Wholesale Store Auto Parts Store Nail Salon Pharmacy

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Duplex - Two investment properties in James Island with cash flow.
Where is this duplex located?
The property is located at 975 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: Two duplex investment properties in a portfolio on James Island, with tenants paying rent; Each duplex has ample parking and natural light, with a rent roll available by request; Brick veneer construction; public water and public sewer
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