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    224 E Clark Street Pinewood, SC 29125

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    Claim this Listing
    For Sale
    $275,000

    DUPLEX - Ranch - Pinewood, SC

    Type:Single Family Residence
    Property size:
    1,837 SF
    Lot size:
    0.31 Acres
    Price / SF:
    $149/SF
    Added:
    Mar 11, 2026
    Days on Market:
    48
    Last Refresh:
    Apr 27 at 1:06 am

    Property Features for 224 E Clark Street

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Single Family Residence
    Bedrooms
    4
    Bathrooms
    2
    Rooms
    Bathroom 2, Bedroom 3, Bathroom 1, Bedroom 4, Bedroom 2, Bedroom 1
    Parking
    4
    Patio and Porch features
    Porch
    Interior features
    Eat-in Kitchen, Primary Downstairs, Walk-In Closet(s)
    Appliances
    Dishwasher, Microwave, Range, Refrigerator
    Standard status
    Active
    APN
    1681502004
    Size
    1,837 SF
    Lot size
    0.31 Acres

    Taxes and HOA fees

    Tax Description
    Lot 1 Z12-36

    Utilities

    Utilities
    Cable Available
    Sewer type
    Public Sewer
    Heating system
    Heat Pump (Heating)
    Cooling system
    Ceiling Fan(s), Central Air
    Water source
    Public

    Building Details

    Year built
    1952
    Floors in Building
    1
    Flooring type
    Carpet, Vinyl, Plank
    Building materials
    Wood Siding
    Roof type
    Metal
    Architectural style
    Ranch

    We can help!

    Listing Contact
    Brandon Ray
    Brandon Ray

    Listing agent Brandon Ray License #84589

    Listing office Carolina One Real Estate- State Rd. 1909 State Rd., Summerville, SC

    Listing date Mar 11, 2026

    MLS# 201990 Listing URL

    Copyright © 2026 Sumter Board 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

    Remodeled Duplex Investment Opportunity

    This income-producing duplex is located on E Clark Street in Pinewood. The property features two identical, tenant-occupied units, each offering 2 bedrooms, 1 full bathroom, and approximately 918 square feet of remodeled living space. The total property size is 1837 square feet, situated on a 0.31-acre lot. Recent updates provide modern, comfortable interiors designed for long-term rental appeal. Both units are currently leased at $1,200 per month each, delivering immediate and consistent rental income. The property is ideal for investors seeking a stabilized asset to add to or expand their rental portfolio. Conveniently situated approximately 25 minutes from Sumter and 20 minutes from Manning, this location offers easy access to employment, shopping, and regional amenities while maintaining a small-town setting. The property is a well-maintained duplex. An additional investment opportunity is available nearby, as 315 E Clark Street may also be purchased.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Restaurant Spa & Massage Center Hair Salon Nail Salon Kitchen & Bath Showroom Garden Center Furniture & Home Goods Grocery & Convenience Store (Bike/Boat/Book/etc) Store Plumbing Service

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

    Location Insight

    • Map
    • Local Demand
    City
    Pinewood
    County
    Sumter
    State
    South Carolina
    Longitude
    -80.45875
    Latitude
    33.738665

    Nearby Similar for Sale

    • $275,000
      1,662 SF

      Remodeled Duplex in Pinewood, SC

      Turnkey duplex with reliable rental income in Pinewood, South Carolina.
      315 E Clark Street, Pinewood, SC 29125
      View Details
    • $325,000
      1,662 SF

      Remodeled Duplex in Pinewood, SC

      Turnkey duplex with reliable rental income in Pinewood, South Carolina.
      315 E Clark Street, Pinewood, SC 29125
      View Details
    • $375,000
      1,837 SF

      Remodeled Duplex Investment Opportunity

      Income-producing duplex with two updated units in Pinewood, SC.
      224 E Clark Street, Pinewood, SC 29125
      View Details
    • $375,000
      1,662 SF

      Remodeled Duplex Investment Opportunity

      Fully remodeled duplex with tenant-occupied units, generating consistent rental income.
      315 E Clark St, Pinewood, SC 29125
      View Details

    FAQs

    What type of property is this?
    Duplex - Income-producing duplex with remodeled units, ideal for investors.
    Where is this duplex located?
    The property is located at 224 E Clark Street Pinewood, SC.
    What is the asking price?
    The asking price for this property is $275,000.
    What are key features of this property?
    This property features: Turnkey, income‑producing duplex with immediate rental income.; Fully remodeled units with modern interiors appealing to renters.; Each unit features 2 bedrooms and 1 bathroom with approximately 918 square feet of living space.
    (843) 499-1928
    We can help!
    Listing Contact
    Brandon Ray
    Brandon Ray
    Real Estate License ID: 84589
    Learn More
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    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
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