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Fully Occupied Quadplex
For Sale
$310,000

140 Kimball Lane, Walhalla, SC 29691

ResidentialIncome, Walhalla, SC

Property SizeContact for details
Lot Size3.50 Acres
Days on Market73

Property Features for 140 Kimball Lane

General Information

Property type Residential Multi Family
Property subtype Duplex
Lot features Not In Subdivision, Outside City Limits
Elementary school James M Brown Elem
Middle school Walhalla Middle
High school Walhalla High
Directions From Walhalla travel West on Hwy 28 turn left onto Kimball Ln, property is at the end of the road.
Subdivision 202-Oconee County, SC
Standard status Active
APN 160-00-01-001 PO
Lot size 3.50 Acres

Utilities

Sewer type Septic Tank
Heating system Zoned, Electric (Heating), Heat Pump (Heating), Natural Gas
Cooling system Central Air, Zoned, Multi Units, Heat Pump
Water source Public

Building Details

Number of units 4
Building materials VinylSiding
Roof type Shingle
Architectural style Other
Listing Agency: Powell Real Estate
Listed By: Cliff Powell · License #98545
Added: Jun 29 Changed: Sep 2 Last Checked: Sep 9 at 4:06AM
MLS# 20303290

Copyright © 2026 Western Upstate Association of REALTORS®. 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 fully occupied quadplex includes four 2-bedroom, 1-bath residences on approximately 3.5 unrestricted acres. Each unit has washer hookups, a separate HVAC system, and its own septic tank. The property uses master water and power meters, with the landlord currently responsible for those utilities. Slab construction, vinyl siding, shingle roofing, public water, and natural gas service are also in place.

Access is provided from Highway 28 through a 50-foot recorded right-of-way. The property sits outside the Walhalla city limits and backs to a creek, creating a wooded setting near the city. An unfinished detached laundry building has been configured for dryer installation and remains available for completion.

Key Highlights

  • Four 2‑bedroom, 1‑bath units, all occupied by long‑term tenants
  • Approximately 3.5 unrestricted acres outside the Walhalla city limits
  • Each unit includes washer hookups, separate HVAC, and its own septic tank

Property Analytics

Current Use

Quadplexes

Suggested Use

Top Pick Auto Repair Shop Hair Salon Plumbing Service Kitchen & Bath Showroom Nail Salon Spa & Massage Center

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

4
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Yes
Highway access
Yes
Paved road access
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

34
Businesses Nearby

Demographics for 29691, SC

11,142
Population
5,518
Households
2
Avg Household Size
41
Median Age
18%
College-Educated
82%
High-School Grad
62.2 sq mi
ZIP Area
179
Density / Sq Mi
$52,722
Median Household Income
$35,164
Median Earnings
$792
Median Rent
$179,700
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

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

What type of property is this?
Quadplex - Unrestricted acreage supports individually serviced units with HVAC and septic systems.
Where is this quadplex located?
The property is located at 140 Kimball Lane Walhalla, SC.
What is the asking price?
The asking price for this property is $310,000.
What are key features of this property?
This property features: Four 2‑bedroom, 1‑bath units, all occupied by long‑term tenants; Approximately 3.5 unrestricted acres outside the Walhalla city limits; Each unit includes washer hookups, separate HVAC, and its own septic tank
More about this property
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