Well-Maintained Duplex
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
(864) 494-4748
Listed By:
Anatoly (Nathan) Shulikov · License #63658
(864) 494-4747
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.
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
NOI $23,220 @ 7.0% cap · market cap 5.95%
Second Best
Apartment 5plus
$305.6K
$267.4K – $356.5K
NOI $21,389 @ 7.0% cap · market cap 5.49%
Theoretical Best
Warehouse
$2.02M
$1.76M – $2.35M
NOI $141,182 @ 7.0% cap · market cap 36.21%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
240
Businesses Nearby
Explore this area
Business Placement
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
Questions? Ask Rey
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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