Updated
105 Colebrook Court, Boiling Springs, SC 29316
For Sale
$287,900
MULTIFAMILY, Boiling Springs, SC
Property Size1,926 SF
Lot Size0.30 Acres
Price / SF$149.48
Days on Market163
Property Features for 105 Colebrook Court
General Information
Property type
Property subtype
Zoning
Bedrooms
Bathrooms
Full bathrooms
Rooms
Parking features
Subdivision
Elementary school
Middle school
High school
Elementary school district
Middle school district
High school district
Directions
Standard status
Size
Lot size
Taxes and HOA fees
Tax Year
Tax Annual Amount
Utilities
Sewer type
Heating system
Cooling system
Water source
Building Details
Year built
Floors in Building
Roof type
Buildings
Listing Agency:
The W Lewis White Co Inc
(864) 542-8008
Listed By:
Claude Saleeby · License SC #88639
(864) 542-4759
Added: Jun 1
Changed: Nov 8
Last Checked: Nov 10 at 3:06AM
MLS# 337856
Copyright © 2026 Spartanburg Association of REALTORS, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
Based on property information with market context.
This duplex contains 1,926 square feet across two units on a 0.3-acre lot. Built in 1982, the property has a composition roof, heat-pump heating and cooling, central air, public water, and public sewer. Each side includes a great room and separate kitchen; one unit also has a rear patio, a primary bedroom with a walk-in closet, and ceiling fans in both bedrooms.
Side B received updates in 2025, including LVP flooring, granite countertops in the bathroom and kitchen, new sink faucets, and fresh paint. Side A has also been updated and is vacant. Side B is scheduled to be vacant at the end of November.
Side B received updates in 2025, including LVP flooring, granite countertops in the bathroom and kitchen, new sink faucets, and fresh paint. Side A has also been updated and is vacant. Side B is scheduled to be vacant at the end of November.
Key Highlights
- Two‑unit property on 0.3 acres
- 1,926 square feet; built in 1982
- Side B remodeled in 2025 with LVP flooring, granite countertops, new faucets, and fresh paint
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$17,214
Cap Rate
5.98%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$344,280
$344.3K
Cap Rate 7%
$245,914
$245.9K
Cap Rate 9%
$191,267
$191.3K
Market Conditions
NOI Build-Up for 1,926 SF
Gross rent
$25.9K $13.44/SF
− Vacancy
−$1.3K −$0.67/SF
EGI
$24.6K $12.77/SF
− OpEx
−$7.4K −$3.83/SF
NOI
$17.2K $8.94/SF
Area
Spartanburg County, SC
Vacancy
5.00%
Lease Rate
$13.44 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$344,280
Cap Rate 7%
$245,914
Cap Rate 9%
$191,267
Alternative Uses
Best Use
Multifamily LT 5
$245.9K
$215.2K – $286.9K
NOI $17,214 @ 7.0% cap · market cap 5.98%
Second Best
Apartment 5plus
$226.5K
$198.2K – $264.3K
NOI $15,856 @ 7.0% cap · market cap 5.51%
Theoretical Best
Flex RnD
$1.14M
$1.00M – $1.33M
NOI $80,037 @ 7.0% cap · market cap 27.80%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
181
Businesses Nearby
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Business Placement
Demographics for 29316, SC
29,459
Population
12,202
Households
2.4
Avg Household Size
36
Median Age
26%
College-Educated
93%
High-School Grad
21.8 sq mi
ZIP Area
1,351
Density / Sq Mi
$75,808
Median Household Income
$44,015
Median Earnings
$1,133
Median Rent
$227,700
Median Home Value
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Market
Average Price Trend$/SF for Duplexes in Spartanburg County, SC
Properties on Market for Duplexes in Spartanburg County
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - Two separate residences include rear patio space and refreshed interiors in one unit.
Where is this duplex located?
The property is located at 105 Colebrook Court Boiling Springs, SC.
What is the asking price?
The asking price for this property is $287,900.
What are key features of this property?
This property features: Two‑unit property on 0.3 acres; 1,926 square feet; built in 1982; Side B remodeled in 2025 with LVP flooring, granite countertops, new faucets, and fresh paint
