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    156 Garrett St Spartanburg, SC 29302

    For Sale
    $400,000

    Quad - Spartanburg, SC

    Lot size:
    0.17 Acres
    Days on Market:
    33
    Last Refresh:
    Dec 15 at 3:06 am

    Property Features for 156 Garrett St

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    APN
    7-12-04-025.00
    Parking features
    Off Street
    Lot size
    0.17 Acres

    Utilities

    Heating system
    Baseboard, Electric (Heating), Natural Gas
    Cooling system
    Central Air, Electric, Multi Units, Wall/Window Unit(s), Window Unit(s)

    Building Details

    Year built
    1916
    Floors in Building
    2
    Number of units
    4
    Building materials
    Vinyl Siding
    Roof type
    Composition, Shingle
    Architectural style
    Other

    The Parker Group (864) 326-5047 [email protected]

    Listing agent Shanda Davey (864) 326-5047

    Listing date Nov 13, 2025

    MLS# 1565137 Listing URL

    Copyright © 2025 Greater Greenville 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.

    Overview

    Spartanburg Quadplex Investment Opportunity

    This multifamily property features four units, each with 2 bedrooms and 1 bath. Three units are currently occupied with a strong rental history, generating a combined rental income of $2,650 per month. The fourth unit previously rented for $900 per month, bringing the total potential income to $3,550 per month. Located just off East Main Street in School District 7, the property is conveniently situated near shopping and public transportation, and is within walking distance of Converse College. The property has a newer roof, and all appliances have been updated in the last 3 years. Each unit is separately metered for utilities, offering added convenience and flexibility for tenants and owners. The property is being sold "As Is", with the following lease expirations in place: Unit 1 is leased through 06/30/2026, Unit 2 is leased through 10/31/2025, Unit 3 is vacant, and Unit 4 is leased through 07/31/2026. The lot size is 0.17 acres. The area is experiencing notable new development, making this an ideal time to invest.
    Property Profile Location Intelligence

    Current Use by Public Records

    Quadplexes

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Dental Office Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Spartanburg
    County
    Spartanburg
    State
    South Carolina
    Longitude
    -81.9131188
    Latitude
    34.9589996

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    FAQs

    What type of property is this?
    Quadplex - Four-unit multifamily property with strong rental history near Converse College.
    Where is this quadplex located?
    The property is located at 156 Garrett St Spartanburg, SC.
    What is the asking price?
    The asking price for this property is $400,000.
    What are key features of this property?
    This property features: - Strong income-generating potential: currently generating $2,650/month with a potential of $3,550/month.; - Prime investment opportunity in an area experiencing notable new development.; - Four 2-bedroom, 1-bath units.
    (864) 326-5047
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    156 Garrett St Spartanburg, SC 29302
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