Leased Multifamily Income
111 Villa Court West Columbia, SC 29170
111 Villa Court, West Columbia, SC, 29170
$235,000
For Sale
$235,000
MULTI_FAMILY - West Columbia, SC
Property Size2,350 SF
Lot Size0.18 Acres
Price / SF$100
Days on Market83
Property Features for 111 Villa Court
General Information
- Property type
- Residential Multi Family
- Property subtype
- Duplex
- Bedrooms
- 6
- Bathrooms
- 4
- Rooms
- Bathroom 2, Bedroom 1, Bedroom 3, Bedroom 6, Bathroom 4, Bathroom 3, Bathroom 1, Bedroom 4, Bedroom 2, Bedroom 5
- Parking
- 4
- Parking features
- Assigned
- Standard status
- Active
- Size
- 2,350 SF
- Lot size
- 0.18 Acres
Utilities
- Heating system
- Central
- Cooling system
- Central Air
- Water source
- Public
Building Details
- Year built
- 1982
- Floors in Building
- 2
- Number of units
- 2
Listing agency
American Dream Realty
(803) 687-8022
Listed by
Pam Clamp · License #43257
(803) 318-6759
Added: May 2 Updated: Jul 22 at 7:51AM Checked: Jul 23 at 4:06AM
MLS# 633134
Copyright © 2026 Consolidated MLS, SC. 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 multifamily residential income property is offered for sale with units reported as fully leased. The listing is being sold AS-IS.
Located at 111 Villa Court in West Columbia, South Carolina, the property is described as being in an area convenient to major highways, the airport, shopping, and restaurants. The property is also noted as being zoned for Lexington District 1 schools.
Prospective buyers should review the property on-site and during due diligence, as no additional condition details or unit configuration information are provided beyond the AS-IS sale and current occupancy status.
Located at 111 Villa Court in West Columbia, South Carolina, the property is described as being in an area convenient to major highways, the airport, shopping, and restaurants. The property is also noted as being zoned for Lexington District 1 schools.
Prospective buyers should review the property on-site and during due diligence, as no additional condition details or unit configuration information are provided beyond the AS-IS sale and current occupancy status.
Key Highlights
- Fully leased property (units fully leased), sold AS‑IS
- Central heat and central air conditioning
- Public water source
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 | $27.9k | $11.88 |
| − Vacancy | −$1.8k | −$0.77 |
| EGI | $26.1k | $11.11 |
| − OpEx | −$7.8k | −$3.33 |
| NOI | $18.3k | $7.78 |
2,350 SF · lease $11.88/SF/yr · vacancy 6.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$261.0K
$228.4K – $304.5K
NOI $18,272 @ 7.0% cap · market cap 7.78%
Second Best
Apartment 5plus
$228.4K
$199.8K – $266.4K
NOI $15,986 @ 7.0% cap · market cap 6.80%
Theoretical Best
Office A
$631.1K
$552.3K – $736.3K
NOI $44,180 @ 7.0% cap · market cap 18.80%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Duplex - Fully leased multifamily income property sold AS-IS, with zoning for Lexington District 1 schools.
Where is this duplex located?
The property is located at 111 Villa Court West Columbia, SC.
What is the asking price?
The asking price for this property is $235,000.
What are key features of this property?
This property features: Fully leased property (units fully leased), sold AS‑IS; Central heat and central air conditioning; Public water source
