Four-Unit Rental Property with
308 Belvedere Clearwater Road North Augusta, SC 29841
308 Belvedere Clearwater Road, North Augusta, SC, 29841
$386,000
Pending
For Sale
$386,000
Pending
MULTI_FAMILY - North Augusta, SC
Property Size3,095 SF
Lot Size0.33 Acres
Days on Market128
Property Features for 308 Belvedere Clearwater Road
General Information
- Property type
- Residential Multi Family
- Property subtype
- Quadruplex
- Zoning
- multi
- Bedrooms
- 7
- Bathrooms
- 5
- Rooms
- Bedroom 4, Bathroom 5, Bedroom 1, Bathroom 4, Bedroom 7, Bedroom 6, Bathroom 3, Bathroom 2, Bedroom 5, Bathroom 1, Bedroom 3, Bedroom 2
- Parking
- 4
- Fencing
- Chain Link
- Standard status
- Pending
- APN
- 0120607008
- Size
- 3,095 SF
- Lot size
- 0.33 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Description
- 01206070008
Utilities
- Sewer type
- Public Sewer
- Heating system
- Electric (Heating)
- Cooling system
- Window Unit(s), Wall/Window Unit(s), Multi Units
- Water source
- Public
Building Details
- Year built
- 1965
- Floors in Building
- 1
- Number of units
- 4
- Building materials
- Wood Siding
- Roof type
- Composition
Listing agency
Meybohm Commercial Properties
(706) 736-0700
Listed by
Danielle Meikrantz · License #401159
(706) 284-8359
Added: Mar 18 Updated: Jul 18 at 7:22AM Checked: Jul 23 at 4:06AM
MLS# 98254184
Copyright © 2026 Hive MLS. 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 fully leased four-unit income property includes one duplex and two detached rental units on the same parcel. The duplex contains Units A and B, and the two additional units are positioned behind the duplex with their own street addresses. Tenants are responsible for their own utilities, with ownership covering water and landscaping.
The property sits on a large shaded lot with multiple access points and ample off-street parking. One unit (312 Verdery) is furnished. Recent improvements to the duplex units include updated bathrooms, mini-split HVAC systems, and interior upgrades.
The combination of a duplex unit mix and two separate detached units provides a straightforward rental configuration with in-place occupancy. Tours are scheduled after an offer is accepted; tenants should not be disturbed.
The property sits on a large shaded lot with multiple access points and ample off-street parking. One unit (312 Verdery) is furnished. Recent improvements to the duplex units include updated bathrooms, mini-split HVAC systems, and interior upgrades.
The combination of a duplex unit mix and two separate detached units provides a straightforward rental configuration with in-place occupancy. Tours are scheduled after an offer is accepted; tenants should not be disturbed.
Key Highlights
- Fully leased 4‑unit income property in North Augusta, SC with 100% occupancy
- Duplex at 308 Belvedere Clearwater Rd: Unit A (2 bed/1 bath) and Unit B (3 bed/2 bath)
- Two additional detached rental units behind the duplex on the same parcel: 312 and 314 Verdery St
Local 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 | $42.7k | $13.80 |
| − Vacancy | −$2.6k | −$0.83 |
| EGI | $40.2k | $12.97 |
| − OpEx | −$12.0k | −$3.89 |
| NOI | $28.1k | $9.08 |
3,095 SF · lease $13.80/SF/yr · vacancy 5.98% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$401.6K
$351.4K – $468.5K
NOI $28,110 @ 7.0% cap · market cap 7.28%
Second Best
Apartment 5plus
$350.0K
$306.2K – $408.3K
NOI $24,499 @ 7.0% cap · market cap 6.35%
Theoretical Best
Office A
$596.6K
$522.0K – $696.0K
NOI $41,760 @ 7.0% cap · market cap 10.82%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Quadplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Quadplex - Fully leased four-unit rental property with a duplex and two detached units, tenant-paid utilities, and off-street parking.
Where is this quadplex located?
The property is located at 308 Belvedere Clearwater Road North Augusta, SC.
What is the asking price?
The asking price for this property is $386,000.
What are key features of this property?
This property features: Fully leased 4‑unit income property in North Augusta, SC with 100% occupancy; Duplex at 308 Belvedere Clearwater Rd: Unit A (2 bed/1 bath) and Unit B (3 bed/2 bath); Two additional detached rental units behind the duplex on the same parcel: 312 and 314 Verdery St
