Back to Search
Leased Multifamily Income Property

111 Villa Court West Columbia, SC 29170

111 Villa Court, West Columbia, SC, 29170
$235,000
For Sale
Claim this Listing
$235,000

MULTI_FAMILY - West Columbia, SC

Property Size2,350 SF
Lot Size0.18 Acres
Price / SF$100
AddedMay 2
Days on Market76
Last RefreshJul 16 at 5:06 am

Property Features for 111 Villa Court

General Information

Property type
Residential Multi Family
Property subtype
Other
Bedrooms
6
Bathrooms
4
Rooms
Bathroom 3, Bedroom 3, Bathroom 1, Bedroom 2, Bedroom 5, Bedroom 6, Bathroom 2, Bedroom 1, Bedroom 4, Bathroom 4
Parking
4
Parking features
Assigned
Standard status
Active
Size
2,350 SF
Lot size
0.18 Acres

Utilities

Heating system
Central
Cooling system
Central Air
Water source
Public

Building Details

Year built
1982
Floors in Building
2
Number of units
2

Listing agent Pam Clamp License #43257

Listing office American Dream Realty 1792 S Lake Drive Ste 90-282, Lexington, SC

Listing date May 2, 2026

MLS# 633134 Listing URL

Copyright © 2026 Consolidated MLS, SC. 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 multifamily residential income property is offered for sale with units reported as fully leased. The listing is being sold AS-IS.

Located at 111 Villa Court in West Columbia, South Carolina, the property is described as being in an area convenient to major highways, the airport, shopping, and restaurants. The property is also noted as being zoned for Lexington District 1 schools.

Prospective buyers should review the property on-site and during due diligence, as no additional condition details or unit configuration information are provided beyond the AS-IS sale and current occupancy status.

Key Highlights

  • Year built 1982 with central heating and central air
  • Units are fully leased
  • Public water source

Local 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 $27.9k $11.88
− Vacancy −$1.8k −$0.77
EGI $26.1k $11.11
− OpEx −$7.8k −$3.33
NOI $18.3k $7.78
2,350 SF · lease $11.88/SF/yr · vacancy 6.50% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$261.0K
$228.4K – $304.5K (±1% cap)
NOI $18,272 @ 7.0% cap · market cap 7.78%
Second Best
Apartment 5plus
$228.4K
$199.8K – $266.4K (±1% cap)
NOI $15,986 @ 7.0% cap · market cap 6.80%
Theoretical Best
Office A
$631.1K
$552.3K – $736.3K (±1% cap)
NOI $44,180 @ 7.0% cap · market cap 18.80%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Real Estate Agency Law Firm Parking Lot & Garage Electrical Service Dental Office Plumbing Service (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Furniture & Home Goods Locksmith

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Duplex - Fully leased multifamily income property sold AS-IS, with zoning for Lexington District 1 schools.
Where is this duplex located?
The property is located at 111 Villa Court West Columbia, SC.
What is the asking price?
The asking price for this property is $235,000.
What are key features of this property?
This property features: Year built 1982 with central heating and central air; Units are fully leased; Public water source
Contact an agent
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message