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30-Unit Apartment Community
For Sale
$1,400,000

104 Raley St, Cheraw, SC 29520

Fifteen duplex buildings offer a distinct multifamily layout in Cheraw, with primarily two-bedroom residences.

Property SizeContact for details
Days on Market60

Property Features for 104 Raley St

General Information

Standard status Active
Property subtype Apartment

Units

Unit Mix 22 x 2BR/1BA, 5 x 3BR, 3 x 1BR/1BA
Multifamily Units 30

Amenities

Base Electric
Composite Shingle, Architectural Shingle, Metal

Building Details

Year Built 1989
Buildings 15
Stories 1
Listing Agency: Choice Realty
Listed By: Jonathan C Lee · License #46007
Source: Kw
Added: Jun 13 Changed: Aug 11 Last Checked: Aug 11 at 6:25AM

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 Choice Realty

Investment Insights

Based on property information with market context.

Greystone Apartments is a 30-unit multifamily property arranged across 15 duplex buildings. The unit mix is weighted toward two-bedroom, one-bath residences, supplemented by five three-bedroom units and three one-bedroom, one-bath units. Most apartments measure approximately 800 square feet. Improvements completed in various units include plumbing, appliance, and cabinetry updates. The property was built in 1989 and includes base electric interior features along with composite shingle, architectural shingle, and metal exterior materials.

Located at 104 Raley St in Cheraw, South Carolina, the community provides an established apartment configuration within the local rental market. Ownership has been handled remotely and self-managed, while professional local management is identified as an operational consideration. The property is offered for sale.

Key Highlights

  • 30 units distributed among 15 duplex buildings
  • Unit mix includes five 3‑bedroom units and three 1‑bedroom, 1‑bath units
  • Most apartments are approximately 800 square feet

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Building Supply (Bike/Boat/Book/etc) Store Auto Parts Store Electrical Service Computer & Electronic Repair Catering Service

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

30
Residential units

Location Intelligence

Trade Area within ½ mile

268
Businesses Nearby

Demographics for 29520, SC

13,046
Population
6,554
Households
2
Avg Household Size
45
Median Age
16%
College-Educated
85%
High-School Grad
131.9 sq mi
ZIP Area
99
Density / Sq Mi
$41,786
Median Household Income
$35,153
Median Earnings
$805
Median Rent
$98,600
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Fifteen duplex buildings offer a distinct multifamily layout in Cheraw, with primarily two-bedroom residences.
Where is this apartment building located?
The property is located at 104 Raley St Cheraw, SC.
What is the asking price?
The asking price for this property is $1,400,000.
What are key features of this property?
This property features: 30 units distributed among 15 duplex buildings; Unit mix includes five 3‑bedroom units and three 1‑bedroom, 1‑bath units; Most apartments are approximately 800 square feet
More about this property
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