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Well-Maintained Duplex Residence
For Sale
$389,950

254 York Street, Chesnee, SC 29323

MULTI_FAMILY - Chesnee, SC

Property Size2,598 SF
Lot Size0.23 Acres
Price / SF$150.10
Days on Market63

Property Features for 254 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 0.23 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# 337831

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 for-sale duplex is well maintained and configured as two separate residential units. Each unit offers three bedrooms and two full bathrooms, along with a one-car garage. The property is presented as residential income housing with both units currently occupied.

The duplex is located at 254 York Street in Chesnee, South Carolina, within walking distance of downtown. The site totals 0.23 acres and is sized at 2,598 square feet.

For buyers seeking an income-producing residential asset, this property provides the benefit of existing tenant occupancy and an established unit layout with three-bedroom floorplans and attached one-car garage parking for each side. With both units described as occupied at the time of listing, it may appeal to investors looking for a turnkey holding structure. Prospective buyers and tenant applicants should confirm all lease terms, operating details, and condition specifics during their due diligence.

Key Highlights

  • 2022‑built duplex in Chesnee with both units currently occupied by tenants
  • Each unit features 3 bedrooms and 2 full bathrooms
  • Both units include 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
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Duplex - Two 3-bedroom, 2-bath units with one-car garages, currently occupied and generating immediate rental income.
Where is this duplex located?
The property is located at 254 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: 2022‑built duplex in Chesnee with both units currently occupied by tenants; Each unit features 3 bedrooms and 2 full bathrooms; Both units include a one‑car garage
More about this property
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