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371
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Paul Sofia
  • Lender
  • Charlotte, NC
172
Votes |
371
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Duplex pricing question Charlotte MSA (East Rowan County)

Paul Sofia
  • Lender
  • Charlotte, NC
Posted

I've been acquiring and selling real estate for well over 20 years but I've never acquired or built a duplex. I've got a piece of land under contract that I can subdivide and put a duplex on one of the lots to sell. I honestly don't know the demands in the current market SFR on the other hand, I can do an entry level home with an attractive price point on both lots, New duplexes near this area in are bringing $1,500 + that I'm aware of. Thoughts.....

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569
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Kai Kopsch
  • Real Estate Broker
  • Charlotte, NC
351
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569
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Kai Kopsch
  • Real Estate Broker
  • Charlotte, NC
Replied

Duplex units are very rare in the Charlotte MSA only 19 units sold past 60 days. 


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