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Two-Story Duplex
New
For Sale
$479,900

129 Victoria Drive, Inman, SC 29349

MULTIFAMILY, Inman, SC

Property Size3,188 SF
Lot Size0.88 Acres
Price / SF$150.53
Days on Market7

Property Features for 129 Victoria Drive

General Information

Property type Residential Multi Family
Property subtype Duplex
Bedrooms 6
Bathrooms 4
Full bathrooms 4
Rooms Bedroom 1, Bedroom 3, Bedroom 4, Bedroom 6, Bedroom 5, Bedroom 2
Parking features Driveway, Garage
Elementary school 2-Oakland
Middle school 2-Boiling Springs
High school 2-Boiling Springs
Elementary school district 2 Sptbg Co
Middle school district 2 Sptbg Co
High school district 2 Sptbg Co
Directions Highway 9 towards Lake Bowen, R on Victoria Drive, duplex is on the L
Subdivision Inman
Standard status Active
Size 3,188 SF
Lot size 0.88 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 6980

Utilities

Sewer type Septic Tank
Heating system Heat Pump (Heating)
Cooling system Heat Pump, Central Air
Water source Public

Amenities

front porch
back patio

Building Details

Year built 2022
Floors in Building 1
Number of units 2
Listing Agency: Leslie Horne and Associates
Listed By: Lisa Donald · License #79959
Added: Oct 1 Changed: Oct 2 Last Checked: Oct 7 at 1:06AM
MLS# 342389

Copyright © 2026 Spartanburg Association of REALTORS, Inc. 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 2022 duplex contains 3,188 square feet on a 0.88-acre lot. Its Hardie board exterior opens to an interior with an open living and breakfast area, a kitchen with granite countertops, custom cabinetry, an island, and two pantry spaces. The main level includes a primary suite, laundry room, and garage; two additional bedrooms and a shared bathroom are upstairs. Flooring includes ceramic tile, laminate, and hardwood, with no carpet.

The property is on Victoria Drive, just off Hwy 9. Public water and septic service the site. Central air and heat pump systems provide heating and cooling.

Key Highlights

  • 3,188‑square‑foot duplex on a 0.88‑acre lot
  • Built in 2022 with a Hardie board exterior
  • Open living and breakfast area; kitchen has granite counters, custom cabinetry, an island, and dual pantry storage

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$28,493
Cap Rate
5.94%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$569,860 $569.9K
Cap Rate 7%
$407,043 $407.0K
Cap Rate 9%
$316,589 $316.6K
Market Conditions
NOI Build-Up for 3,188 SF
Gross rent
$42.8K $13.44/SF
− Vacancy
−$2.1K −$0.67/SF
EGI
$40.7K $12.77/SF
− OpEx
−$12.2K −$3.83/SF
NOI
$28.5K $8.94/SF
Area
Spartanburg County, SC
Vacancy
5.00%
Lease Rate
$13.44 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$569,860
Cap Rate 7%
$407,043
Cap Rate 9%
$316,589

Alternative Uses

Best Use
Multifamily LT 5
$407.0K
$356.2K – $474.9K (±1% cap)
NOI $28,493 @ 7.0% cap · market cap 5.94%
Second Best
Apartment 5plus
$374.9K
$328.1K – $437.4K (±1% cap)
NOI $26,246 @ 7.0% cap · market cap 5.47%
Theoretical Best
Warehouse
$2.47M
$2.17M – $2.89M (±1% cap)
NOI $173,244 @ 7.0% cap · market cap 36.10%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Building Supply Real Estate Agency Law Firm Auto Parts Store Electrical Service Nail Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units
Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

80
Businesses Nearby

Demographics for 29349, SC

36,458
Population
15,118
Households
2.4
Avg Household Size
41
Median Age
22%
College-Educated
87%
High-School Grad
76.9 sq mi
ZIP Area
474
Density / Sq Mi
$74,363
Median Household Income
$42,604
Median Earnings
$917
Median Rent
$233,400
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
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Frequently Asked Questions

What type of property is this?
Duplex - Built in 2022, the property features an open layout and a main-level primary suite.
Where is this duplex located?
The property is located at 129 Victoria Drive Inman, SC.
What is the asking price?
The asking price for this property is $479,900.
What are key features of this property?
This property features: 3,188‑square‑foot duplex on a 0.88‑acre lot; Built in 2022 with a Hardie board exterior; Open living and breakfast area; kitchen has granite counters, custom cabinetry, an island, and dual pantry storage
More about this property
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