New-Construction
Key Street lot 41, Charlotte, NC 28208
For Sale
New
$625,000
Residential Income, Charlotte, NC
Property Size2,543 SF
Lot Size0.17 Acres
Price / SF$245.77
Days on Market3
Property Features for Key Street lot 41
General Information
Property type
Property subtype
Property condition
Zoning description
Bedrooms
Bathrooms
Full bathrooms
Half bathrooms
Rooms
Parking features
Pets allowed
Appliances
Lot features
Elementary school
Middle school
High school
Directions
Standard status
APN
Lot size
Taxes and HOA fees
Tax Description
Legal Description
Utilities
Utilities
Sewer type
Heating system
Cooling system
Building Details
Year built
Floors in Building
Number of units
Building materials
Roof type
Architectural style
Buildings
Listing Agency:
CEDAR REALTY LLC
(704) 453-2650
Listed By:
Brandon Chase · License #249103
(704) 305-4178
Added: Nov 5
Changed: Nov 6
Last Checked: Nov 7 at 4:06AM
MLS# 4440281
Copyright © 2026 Canopy MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
Under construction in Charlotte, this duplex is designed as two side-by-side residences totaling 2,543 square feet. Each side has 3 bedrooms, 2.5 bathrooms, an open main-level living area, and a kitchen with stainless steel appliances. The property is on a 0.17-acre lot, with driveway parking, central heating and air conditioning, and public sewer. A 1-Year Craftsmanship Warranty is included.
The property offers access to I-77, I-85, Uptown, and Charlotte Douglas Airport. Completion is identified for 2026.
The property offers access to I-77, I-85, Uptown, and Charlotte Douglas Airport. Completion is identified for 2026.
Key Highlights
- Two side‑by‑side residences, each with 3 bedrooms and 2.5 bathrooms
- 2,543 total square feet on a 0.17‑acre lot
- Under construction; year built listed as 2026
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$33,413
Cap Rate
5.35%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$668,260
$668.3K
Cap Rate 7%
$477,329
$477.3K
Cap Rate 9%
$371,256
$371.3K
Market Conditions
NOI Build-Up for 2,543 SF
Gross rent
$50.4K $19.80/SF
− Vacancy
−$2.6K −$1.03/SF
EGI
$47.7K $18.77/SF
− OpEx
−$14.3K −$5.63/SF
NOI
$33.4K $13.14/SF
Area
Charlotte, NC
Vacancy
5.20%
Lease Rate
$19.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$668,260
Cap Rate 7%
$477,329
Cap Rate 9%
$371,256
Alternative Uses
Best Use
Multifamily LT 5
$477.3K
$417.7K – $556.9K
NOI $33,413 @ 7.0% cap · market cap 5.35%
Second Best
Apartment 5plus
$439.6K
$384.6K – $512.8K
NOI $30,770 @ 7.0% cap · market cap 4.92%
Theoretical Best
Office A
$846.8K
$741.0K – $988.0K
NOI $59,278 @ 7.0% cap · market cap 9.48%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Lease Details
2
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
270
Businesses Nearby
Explore this area
Business Placement
Demographics for 28208, NC
38,614
Population
17,842
Households
2.2
Avg Household Size
34
Median Age
26%
College-Educated
81%
High-School Grad
20.2 sq mi
ZIP Area
1,912
Density / Sq Mi
$51,339
Median Household Income
$40,359
Median Earnings
$1,173
Median Rent
$198,300
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Average Price Trend$/SF for Duplexes in Charlotte, NC
Properties on Market for Duplexes in Charlotte
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - Two separate residences feature open main-level living, stainless steel appliances, and a 1-Year Craftsmanship Warranty.
Where is this duplex located?
The property is located at Key Street lot 41 Charlotte, NC.
What is the asking price?
The asking price for this property is $625,000.
What are key features of this property?
This property features: Two side‑by‑side residences, each with 3 bedrooms and 2.5 bathrooms; 2,543 total square feet on a 0.17‑acre lot; Under construction; year built listed as 2026
