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Turnkey Duplex with Two 2-Bed/1-Bath Units
For Sale
$119,900

802 Kings Ct, Greenwood, SC 29646

MULTI_FAMILY - Greenwood, SC

Property Size1,820 SF
Price / SF$65.88
Days on Market122

Property Features for 802 Kings Ct

General Information

Property type Residential Multi Family
Property subtype Duplex
Bedrooms 4
Bathrooms 2
Full bathrooms 2
Rooms Bedroom 3, Bathroom 2, Bedroom 4, Bathroom 1, Bedroom 1, Bedroom 2
Subdivision NOT IN SUBDIVIS
Standard status Active
Size 1,820 SF

Taxes and HOA fees

Tax Annual Amount 2117

Utilities

Utilities Natural Gas Available
Cooling system Window Unit(s)

Building Details

Year built 1982
Floors in Building 1
Number of units 2
Building materials Vinyl Siding
Listing Agency: Greenwood Realty Inc.
Listed By: Fallon Harrison · License #116627
Added: Apr 5 Changed: Aug 1 Last Checked: Aug 4 at 4:06AM
MLS# 139542

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.

Turnkey duplex opportunity featuring a total of 1,820 SF with two separate units. Each side offers two bedrooms and one full bath, with an open, spacious layout for the overall footprint. One unit is tenant-occupied, while the second unit is vacant and ready to go. The vacant side has been refreshed with brand new carpet in the bedrooms and durable luxury vinyl flooring throughout the main living areas.

Constructed in 1982 with vinyl siding, the duplex provides window unit cooling and has natural gas available for utilities. Located within city limits at 802 Kings Ct in Greenwood, SC, the property offers convenient access to the area.

With two independently usable units, this duplex can work for an owner-occupant looking to offset housing costs or for an investor seeking a manageable two-unit rental setup.

Key Highlights

  • Total 1,820 SF duplex with two separate units
  • Each unit has 2 bedrooms and 1 full bath
  • One unit tenant‑occupied; second unit 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

Suggested Use

Top Pick Electrical Service HVAC Service Parking Lot & Garage (Bike/Boat/Book/etc) Store Skin Care Clinic Kitchen & Bath Showroom

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

Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

764
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
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Frequently Asked Questions

What type of property is this?
Duplex - 1982-built vinyl-sided duplex with two 2-bedroom, one-bath units; one vacant and ready to occupy or rent.
Where is this duplex located?
The property is located at 802 Kings Ct 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: Total 1,820 SF duplex with two separate units; Each unit has 2 bedrooms and 1 full bath; One unit tenant‑occupied; second unit vacant and ready
More about this property
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