Furnished 2-Unit
For Sale
$449,900
100 Parkstone Drive #Units A & B, Greenville, SC 29609
Each residence has an open layout, two bedrooms, one-and-a-half baths, and in-unit laundry.
Property Size1,852 SF
Price / SF$242.93
Days on Market11
Property Features for 100 Parkstone Drive #Units A & B
General Information
Standard status
Active
Size
1,852 SF
Property subtype
Residential Income
Units
Unit Mix
2 x 2BR/1.5BA
Multifamily Units
2
Additional Details
Furnished
Yes
Average Monthly Rent
$1,950
Currently Operating
Yes
Taxes and HOA fees
Annual Taxes
$8,146
Amenities
in-unit laundry
Building Details
Building Size
1,852 SF
Year Built
2023
Stories
2
Units
2
Listing Agency:
EXP Realty LLC
(888) 440-2798
Listed By:
Kyle Sizemore
(828) 421-4232
Source:
Shulikovrealty
Added: Oct 16
Changed: Oct 26
Last Checked: Oct 26 at 3:55AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of EXP Realty LLC
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
Built in 2023, this furnished duplex contains two residences, each with two bedrooms and one-and-a-half baths. Both units feature open-concept layouts, modern kitchens with stainless steel appliances, and in-unit laundry. The property is currently operated as mid-term rentals, and both residences are listed on Airbnb.
The property is minutes from Downtown Greenville and near Cherrydale shopping and dining, Furman University, and Paris Mountain State Park. Showings require 24-hour notice.
The property is minutes from Downtown Greenville and near Cherrydale shopping and dining, Furman University, and Paris Mountain State Park. Showings require 24-hour notice.
Key Highlights
- Two furnished rental units, each configured with 2 bedrooms and 1.5 baths
- Built in 2023
- Property size: 1852 square feet
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$18,818
Cap Rate
4.18%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$376,360
$376.4K
Cap Rate 7%
$268,829
$268.8K
Cap Rate 9%
$209,089
$209.1K
Market Conditions
NOI Build-Up for 1,852 SF
Gross rent
$28.4K $15.36/SF
− Vacancy
−$1.6K −$0.84/SF
EGI
$26.9K $14.52/SF
− OpEx
−$8.1K −$4.35/SF
NOI
$18.8K $10.16/SF
Area
Greenville County, SC
Vacancy
5.50%
Lease Rate
$15.36 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$376,360
Cap Rate 7%
$268,829
Cap Rate 9%
$209,089
Alternative Uses
Best Use
Multifamily LT 5
$268.8K
$235.2K – $313.6K
NOI $18,818 @ 7.0% cap · market cap 4.18%
Second Best
Apartment 5plus
$240.5K
$210.5K – $280.6K
NOI $16,837 @ 7.0% cap · market cap 3.74%
Theoretical Best
Office A
$791.3K
$692.4K – $923.2K
NOI $55,390 @ 7.0% cap · market cap 12.31%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
25
Businesses Nearby
Explore this area
Business Placement
Demographics for 29609, SC
31,547
Population
14,840
Households
2.1
Avg Household Size
38
Median Age
47%
College-Educated
89%
High-School Grad
24.3 sq mi
ZIP Area
1,298
Density / Sq Mi
$64,837
Median Household Income
$42,293
Median Earnings
$1,078
Median Rent
$303,800
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - Each residence has an open layout, two bedrooms, one-and-a-half baths, and in-unit laundry.
Where is this duplex located?
The property is located at 100 Parkstone Drive #Units A & B Greenville, SC.
What is the asking price?
The asking price for this property is $449,900.
What are key features of this property?
This property features: Two furnished rental units, each configured with 2 bedrooms and 1.5 baths; Built in 2023; Property size: 1852 square feet
