Duplex with Hardwood
For Sale
$219,000
107 S Spain, Darlington, SC 29532
Two-bedroom units provide a practical layout, with a detached carport and storage building serving the left-side residence.
Property Size2,516 SF
Price / SF$87.04
Days on Market100
Property Features for 107 S Spain
General Information
Standard status
Active
Size
2,516 SF
Property subtype
Residential Income
Units
Unit Mix
2 x 2BR/1BA
Multifamily Units
2
Building Details
Building Size
2,516 SF
Year Built
1931
Stories
1
Units
2
Listing Agency:
Drayton Realty Group
(843) 407-5232
Listed By:
Kenneth Godbold
(843) 468-1309
Source:
Browncokerrealty
Added: Jul 30
Changed: Nov 6
Last Checked: Nov 6 at 1:42AM
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 Drayton Realty Group
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 1931 duplex contains two units, each arranged with 2 bedrooms and 1 full bath, across 2,516 square feet. Hardwood floors and architectural details are part of the interior character. The left-side unit also has a detached carport and storage building.
The property is at 107 S Spain in Darlington, within walking distance of historic downtown Darlington.
The property is at 107 S Spain in Darlington, within walking distance of historic downtown Darlington.
Key Highlights
- Two units, each with 2 bedrooms and 1 full bath
- 2,516 square feet of combined living space
- 1931 construction
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$14,228
Cap Rate
6.50%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$284,560
$284.6K
Cap Rate 7%
$203,257
$203.3K
Cap Rate 9%
$158,089
$158.1K
Market Conditions
NOI Build-Up for 2,516 SF
Gross rent
$21.7K $8.64/SF
− Vacancy
−$1.4K −$0.56/SF
EGI
$20.3K $8.08/SF
− OpEx
−$6.1K −$2.42/SF
NOI
$14.2K $5.65/SF
Area
Darlington County, SC
Vacancy
6.50%
Lease Rate
$8.64 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$284,560
Cap Rate 7%
$203,257
Cap Rate 9%
$158,089
Alternative Uses
Best Use
Multifamily LT 5
$203.3K
$177.9K – $237.1K
NOI $14,228 @ 7.0% cap · market cap 6.50%
Second Best
Apartment 5plus
$178.4K
$156.1K – $208.1K
NOI $12,487 @ 7.0% cap · market cap 5.70%
Theoretical Best
Specialty Retail
$4.65M
$4.07M – $5.43M
NOI $325,734 @ 7.0% cap · market cap 148.74%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
378
Businesses Nearby
Explore this area
Business Placement
Demographics for 29532, SC
19,572
Population
9,641
Households
2
Avg Household Size
42
Median Age
15%
College-Educated
85%
High-School Grad
114.8 sq mi
ZIP Area
170
Density / Sq Mi
$41,810
Median Household Income
$27,378
Median Earnings
$885
Median Rent
$120,400
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - Two-bedroom units provide a practical layout, with a detached carport and storage building serving the left-side residence.
Where is this duplex located?
The property is located at 107 S Spain Darlington, SC.
What is the asking price?
The asking price for this property is $219,000.
What are key features of this property?
This property features: Two units, each with 2 bedrooms and 1 full bath; 2,516 square feet of combined living space; 1931 construction
