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Six-Unit Apartment Building
For Sale
$600,000

1113 College Dr, Gaffney, SC 29340

Corner-lot property with individually metered power and a shared water tap.

Property Size1 SF
Price / SF$600,000
Days on Market23

Property Features for 1113 College Dr

General Information

Standard status Active
Size 1 SF
Property subtype Multi-Family

Units

Unit Mix 2 x 2BR, 4 x 1BR
Multifamily Units 6

Building Details

Year Built 1960
Listing Agency: John Wall & Associates
Listed By: John Wall · License #29986
Source: Greenvilleheartproperties
Added: Aug 7 Changed: Aug 29 Last Checked: Aug 29 at 7:27PM

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 John Wall & Associates

Investment Insights

Based on property information with market context.

Built in 1960, this six-unit apartment property is positioned on a corner lot in Gaffney’s Historic District. The unit mix includes two two-bedroom apartments and four one-bedroom apartments, providing a combination of layouts within the building. Each unit has its own power meter, while the property operates with one water tap serving the entire building.

The property is located at 1113 College Dr, with access to downtown amenities, shopping, and dining. It is also minutes from the former Limestone University. The offering is conveyed as-is, allowing the next owner to address improvements according to their plans.

Key Highlights

  • Six total apartments: two 2‑bedroom units and four 1‑bedroom units
  • Each unit has a separate power meter
  • One water tap serves the entire building

Property Analytics

Current Use

Griffith Apartments Apartment Building

Suggested Use

Top Pick Real Estate Agency Electrical Service Kitchen & Bath Showroom Building Supply Parking Lot & Garage Auto Parts Store

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

6
Residential units

Location Intelligence

Trade Area within ½ mile

151
Businesses Nearby

Demographics for 29340, SC

20,695
Population
9,889
Households
2.1
Avg Household Size
40
Median Age
12%
College-Educated
84%
High-School Grad
163.4 sq mi
ZIP Area
127
Density / Sq Mi
$42,359
Median Household Income
$32,011
Median Earnings
$773
Median Rent
$110,000
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 - Corner-lot property with individually metered power and a shared water tap.
Where is this apartment building located?
The property is located at 1113 College Dr Gaffney, SC.
What is the asking price?
The asking price for this property is $600,000.
What are key features of this property?
This property features: Six total apartments: two 2‑bedroom units and four 1‑bedroom units; Each unit has a separate power meter; One water tap serves the entire building
More about this property
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