Duplex with Detached
New
For Sale
$229,000
107 S Spain, Darlington, SC 29532
MULTI_FAMILY - Darlington, SC
Property Size2,500 SF
Price / SF$91.60
Days on Market1
Property Features for 107 S Spain
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Bedrooms
4
Bathrooms
2
Full bathrooms
2
Rooms
Bedroom 4, Bedroom 1, Bathroom 1, Bathroom 2, Bedroom 2, Bedroom 3
Parking
2
Parking features
Off Street, Carport
Subdivision
CITY
Elementary school
CAIN
Middle school
DARLINGTON
High school
DARLINGTON
Standard status
Active
Utilities
Sewer type
Public Sewer
Heating system
Central
Cooling system
Central Air
Water source
Public
Building Details
Year built
1931
Number of units
2
Flooring type
Wood, Carpet, Vinyl
Building materials
Aluminum/Vinyl Sid.
Roof type
Metal
Listing Agency:
Drayton Realty Group
(843) 407-5232
Listed By:
Kenneth Godbold
(843) 468-1309
Added: Jul 31
Last Checked: Jul 31 at 11:06PM
MLS# 2603140
Copyright © 2026 Pee Dee Realtor Association. 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.
This classic duplex features two units, each offering 2 bedrooms and 1 full bath. The combined living space is approximately 2,500 square feet, with interior finishes that include wood flooring, carpet, and vinyl. The home was built in 1931 and is heated and cooled with central HVAC. A metal roof tops the property, and the exterior is constructed with aluminum/vinyl siding.
Each unit has off-street parking, including a detached carport and a storage building tied to the left-side unit. Public water and public sewer provide utilities for the duplex.
The property is located within walking distance of historic downtown Darlington, offering a walkable setting for tenants or owners who want to be close to area amenities while maintaining separate, income-oriented living spaces.
Each unit has off-street parking, including a detached carport and a storage building tied to the left-side unit. Public water and public sewer provide utilities for the duplex.
The property is located within walking distance of historic downtown Darlington, offering a walkable setting for tenants or owners who want to be close to area amenities while maintaining separate, income-oriented living spaces.
Key Highlights
- Two units, each with 2 bedrooms and 1 full bath
- Approximately 2,500 square feet combined living space
- Built in 1931 with wood flooring, carpet, and vinyl
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 | $21.6k | $8.64 |
| − Vacancy | −$1.4k | −$0.56 |
| EGI | $20.2k | $8.08 |
| − OpEx | −$6.1k | −$2.42 |
| NOI | $14.1k | $5.65 |
2,500 SF · lease $8.64/SF/yr · vacancy 6.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$202.0K
$176.7K – $235.6K
NOI $14,137 @ 7.0% cap · market cap 6.17%
Second Best
Apartment 5plus
$177.3K
$155.1K – $206.8K
NOI $12,408 @ 7.0% cap · market cap 5.42%
Theoretical Best
Specialty Retail
$4.62M
$4.05M – $5.39M
NOI $323,663 @ 7.0% cap · market cap 141.34%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
354
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
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Two-unit duplex with 2 bedrooms and 1 full bath per unit, plus detached carport and storage.
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 $229,000.
What are key features of this property?
This property features: Two units, each with 2 bedrooms and 1 full bath; Approximately 2,500 square feet combined living space; Built in 1931 with wood flooring, carpet, and vinyl
