Spartanburg County, SC Apartment buildings for sale

Updated: Jun 11

Renovated 12-Unit Apartment Building

664-666 S Liberty St, Spartanburg, SC 29306

$1,250,000

9,900 sqft

12‑unit property with 100% occupancy rate
Renovated in 2022 and 2023
General Residential R‑6 zoning
Year built includes 1970 construction (historical mention of 1966 and 1970 builds)

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664-666 S Liberty St, Spartanburg, SC 29306

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Est. Cap Rate

6.5%
Above avg (5.9%)
Est. NOI

$82K
Annual
Price @ 7% Cap

$1.16M
Suggested

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Updated: Mar 12

Partially Renovated Multifamily Building

203 Caulder Circle, Spartanburg, SC 29306

$350,000

5,970 sqft 0.53 AC lot

High‑upside value‑add investment opportunity with potential for significant equity creation through a 7‑unit conversion.
Partially renovated building shell with completed major structural improvements (updated roof rafters and flooring systems) reduces early‑stage construction risk and cost.
Potential to create a strong cash‑flowing asset with 7 income‑producing rental units, laundry center, and rentable storage space.
Projected 9.4% CAP rate based on estimated rents of $1,250/month per unit and a 35% expense ratio.
Suitable for various investment strategies: BRRRR, Long Term Hold, and Short Term Rental.

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Three-Duplex Residential Income Property

108 Bentwood Circle, Spartanburg, SC 29307-1

$925,000

2.29 AC lot

Three separate duplexes offer six total units with 3-bedroom, 2-bathroom layouts in Spartanburg.

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Six-Unit Townhome Multifamily

284 E Hayne Street, Woodruff, SC 29388

$1,250,000

0.02 AC lot

Nearly new six-unit townhome property with five tenant-occupied units and dedicated parking for resident convenience.

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Six-Unit Townhome Multifamily

284 East Hayne Street, Woodruff, SC 29388

$1,250,000

2,850 sqft 0.50 AC lot

Nearly new six-unit townhome community with 13 dedicated parking spaces and a centralized mailbox area.

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Based on your search, we've compiled 76 Potential Opportunities for your consideration. Besides 5 Active listings in Spartanburg County, SC, we suggest exploring several alternatives: similar 67 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

Greenville Development Opportunity: 1.33 Acres

71 Salters Road, Greenville, SC 29607

$699,900

1.33 AC lot

1.33 acre parcel suitable for multi-family development near downtown.

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Asheville Development Opportunity: 5.94 Acres

215 N Bear Creek Road, Asheville, NC 28806

$2,500,000

5.94 AC lot

5.94-acre parcel zoned RM6, ideal for multi-family development.

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Central Business Zoned Development Land

107 HOWARD Street, La Plata, MD 20646

$250,000

0.23 AC lot

Central Business zoned parcel with plans for a three-story mixed-use building and 15 parking spaces.

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Land Near Shepherd University

8285 MARTINSBURG Pike, Shepherdstown, WV 25443

$650,000

3.70 AC lot

Prime land near Shepherd University with development potential.

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Off-Market Properties in Spartanburg County, SC

Consider similar Off-Market properties in Spartanburg County, SC. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

APARTMENT HOUSE (5+ UNITS)

408 Abner Rd, Spartanburg, SC 29301-1663

Value Estimation by Request

2,134 sqft 27.72 AC lot

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APARTMENT HOUSE (UNDER 5 UNITS)

525 Mcneely Cir, Greer, SC 29651-2584

$860,000

Value Estimation by Request

1,134 sqft 1.08 AC lot

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APARTMENT HOUSE (UNDER 5 UNITS)

599 Main St, Spartanburg, SC 29302-1991

Value Estimation by Request

3,300 sqft 0.26 AC lot

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