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Duplex with Two-Unit Rental
For Sale
$389,950

250 York Street, Chesnee, SC 29323

MULTI_FAMILY - Chesnee, SC

Property Size2,598 SF
Lot Size0.19 Acres
Price / SF$150.10
Days on Market63

Property Features for 250 York Street

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 6
Bathrooms 4
Full bathrooms 4
Rooms Bedroom 4, Bedroom 3, Bedroom 2, Bedroom 5, Bedroom 6, Bedroom 1
Elementary school 2-Chesnee Elem
Middle school 2-Chesnee Middle
High school 2-Chesnee High
Elementary school district 2
Middle school district 2
High school district 2
Directions Hwy 221 to Chesnee downtown, right on York St
Subdivision Chesnee
Standard status Active
Size 2,598 SF
Lot size 0.19 Acres

Utilities

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

Building Details

Year built 2022
Floors in Building 1
Listing Agency: Shulikov Realty & Associates
Listed By: Anatoly (Nathan) Shulikov · License #63658
Added: Jun 1 Changed: Jul 9 Last Checked: Aug 2 at 7:06PM
MLS# 337824

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 well maintained duplex features two separate units, each offering three bedrooms and two full bathrooms. Each unit includes a one-car garage, providing enclosed, off-street parking. The property is arranged as a duplex designed for independent living, with current tenant occupancy for immediate rental continuity.

Located at 250 York Street in Chesnee, South Carolina, the duplex is described as conveniently positioned within walking distance of downtown. Set on a compact lot, the building presents a straightforward, owner-friendly rental configuration in Spartanburg County.

For buyers seeking a residential income property, the duplex layout and two-carriage bedroom and bathroom configuration can support a consistent tenant mix. With both units currently occupied by tenants, the property may appeal to investors who want to acquire a multi-family asset with in-place occupancy rather than starting from lease-up. The combination of established unit design, private garage space for each unit, and maintained condition makes it practical for an owner looking to add a duplex to an income portfolio.

Key Highlights

  • Duplex built in 2022 with both units currently occupied by tenants
  • Each unit features 3 bedrooms and 2 full bathrooms
  • Each unit includes a one‑car garage

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 $34.9k $13.44
− Vacancy −$1.7k −$0.67
EGI $33.2k $12.77
− OpEx −$10.0k −$3.83
NOI $23.2k $8.94
2,598 SF · lease $13.44/SF/yr · vacancy 5.00% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$331.7K
$290.3K – $387.0K (±1% cap)
NOI $23,220 @ 7.0% cap · market cap 5.95%
Second Best
Apartment 5plus
$305.6K
$267.4K – $356.5K (±1% cap)
NOI $21,389 @ 7.0% cap · market cap 5.49%
Theoretical Best
Warehouse
$2.02M
$1.76M – $2.35M (±1% cap)
NOI $141,182 @ 7.0% cap · market cap 36.21%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Law Firm Dental Office Electrical Service Grocery & Convenience Store Storage Facility Furniture & Home Goods

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
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

240
Businesses Nearby

Demographics for 29323, SC

16,488
Population
6,266
Households
2.6
Avg Household Size
41
Median Age
18%
College-Educated
92%
High-School Grad
71.0 sq mi
ZIP Area
232
Density / Sq Mi
$59,753
Median Household Income
$41,223
Median Earnings
$838
Median Rent
$187,700
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

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

What type of property is this?
Duplex - Well maintained duplex in Chesnee offers two leased units with three bedrooms, two baths, and attached one-car garages.
Where is this duplex located?
The property is located at 250 York Street Chesnee, SC.
What is the asking price?
The asking price for this property is $389,950.
What are key features of this property?
This property features: Duplex built in 2022 with both units currently occupied by tenants; Each unit features 3 bedrooms and 2 full bathrooms; Each unit includes a one‑car garage
More about this property
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