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Duplex with Updated Flooring
For Sale
$119,900

802 A/B Kings Court, Greenwood, SC 29646

COMMERCIAL - Greenwood, SC

Property Size1,820 SF
Lot Size0.22 Acres
Price / SF$65.88
Days on Market123

Property Features for 802 A/B Kings Court

General Information

Property type Commercial Sale
Property subtype Other
Zoning Rm7
Subdivision Greenwood 3S
Standard status Active
Size 1,820 SF
Lot size 0.22 Acres

Taxes and HOA fees

Tax Annual Amount 2117

Building Details

Year built 1982
Listing Agency: Greenwood Realty Inc.
Listed By: Fallon Harrison · License #116627
Added: Apr 4 Changed: Aug 1 Last Checked: Aug 4 at 4:06AM
MLS# 139536

Copyright © 2026 Greenwood Association 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.

Investment Insights

Based on property information with market context.

This duplex at 802 A/B Kings Court features a two-unit layout with a total of 1,820 SF. Each side offers two bedrooms and one full bath. The property was built in 1982 and is situated on a 0.22-acre lot within the city limits.

One unit is currently tenant-occupied, while the second unit is vacant and ready for immediate occupancy. The vacant side has been refreshed with brand new carpet in the bedrooms and durable luxury vinyl flooring throughout the main living areas, supporting low-maintenance operation.

Zoned Rm7, this is a practical option for either an investor seeking rental-ready flexibility or an owner looking to live in one side while offsetting expenses with income from the other.

Key Highlights

  • Duplex with two units totaling 1,820 SF on a 0.22‑acre lot
  • Each unit offers 2 bedrooms and 1 full bath
  • One side is tenant‑occupied and the other is vacant and ready

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 $18.6k $10.20
− Vacancy −$5.7k −$3.15
EGI $12.8k $7.05
− OpEx −$3.8k −$2.11
NOI $9.0k $4.93
1,820 SF · lease $10.20/SF/yr · vacancy 30.90% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$128.3K
$112.2K – $149.7K (±1% cap)
NOI $8,979 @ 7.0% cap · market cap 7.49%
Second Best
Apartment 5plus
$89.2K
$78.1K – $104.1K (±1% cap)
NOI $6,245 @ 7.0% cap · market cap 5.21%
Theoretical Best
Office A
$571.7K
$500.3K – $667.0K (±1% cap)
NOI $40,021 @ 7.0% cap · market cap 33.38%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Duplexes

Lease Details

Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

29
Businesses Nearby

Demographics for 29646, SC

26,783
Population
12,316
Households
2.2
Avg Household Size
40
Median Age
20%
College-Educated
84%
High-School Grad
101.4 sq mi
ZIP Area
264
Density / Sq Mi
$41,669
Median Household Income
$37,556
Median Earnings
$818
Median Rent
$130,900
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 - Two-unit duplex with two bedrooms and one full bath per side, including new carpet and luxury vinyl flooring on the vacant unit.
Where is this duplex located?
The property is located at 802 A/B Kings Court Greenwood, SC.
What is the asking price?
The asking price for this property is $119,900.
What are key features of this property?
This property features: Duplex with two units totaling 1,820 SF on a 0.22‑acre lot; Each unit offers 2 bedrooms and 1 full bath; One side is tenant‑occupied and the other is vacant and ready
More about this property
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