Four-Unit Residential
For Sale
$485,000
1212-1218 Woodrow St, Columbia, SC 29205
Two duplex buildings share a drive and parking area on Woodrow Street.
Property Size2,400 SF
Price / SF$202.08
Days on Market48
Property Features for 1212-1218 Woodrow St
General Information
Standard status
Active
Size
2,400 SF
Property subtype
Multi-Family
Zoning
RM-2
Units
Unit Mix
4 x 1BR/1BA
Multifamily Units
4
Additional Details
Gross Income
$44,280
Road Access
Yes
Building Details
Building Size
2,400 SF
Buildings
2
Units
4
Listing Agency:
Wilson Kibler
Listed By:
William Gregg · License #96568
(803) 255-8654
Source:
Commercialcafe
Added: Sep 5
Changed: Oct 19
Last Checked: Oct 20 at 5:40PM
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 Wilson Kibler
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This residential income property at 1212-1218 Woodrow St comprises two duplex buildings arranged around a common drive and parking area. The property contains four units, with each offering 1 bedroom and 1 bath. Individual units measure approximately 600 square feet, for approximately 2,400 square feet across the buildings.
The property is zoned RM-2, which allows up to 17 dwelling units per acre. The rear portion may support an additional residential structure, subject to verification of zoning, site conditions, access, parking, permitting, and other development requirements. Located in Columbia, South Carolina, the asset provides a defined four-unit configuration with shared on-site circulation and parking.
The property is zoned RM-2, which allows up to 17 dwelling units per acre. The rear portion may support an additional residential structure, subject to verification of zoning, site conditions, access, parking, permitting, and other development requirements. Located in Columbia, South Carolina, the asset provides a defined four-unit configuration with shared on-site circulation and parking.
Key Highlights
- Four residential units across two duplex buildings
- Each unit includes 1 bedroom and 1 bath
- Approximately 600 square feet per unit
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$25,719
Cap Rate
5.30%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$514,380
$514.4K
Cap Rate 7%
$367,414
$367.4K
Cap Rate 9%
$285,767
$285.8K
Market Conditions
NOI Build-Up for 2,400 SF
Gross rent
$38.9K $16.20/SF
− Vacancy
−$2.1K −$0.89/SF
EGI
$36.7K $15.31/SF
− OpEx
−$11.0K −$4.59/SF
NOI
$25.7K $10.72/SF
Area
Columbia, SC
Vacancy
5.50%
Lease Rate
$16.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$514,380
Cap Rate 7%
$367,414
Cap Rate 9%
$285,767
Alternative Uses
Best Use
Multifamily LT 5
$367.4K
$321.5K – $428.7K
NOI $25,719 @ 7.0% cap · market cap 5.30%
Second Best
Apartment 5plus
$321.8K
$281.6K – $375.4K
NOI $22,524 @ 7.0% cap · market cap 4.64%
Theoretical Best
Office A
$591.0K
$517.1K – $689.5K
NOI $41,368 @ 7.0% cap · market cap 8.53%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Lease Details
4
Residential units
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
1,023
Businesses Nearby
Explore this area
Business Placement
Demographics for 29205, SC
23,586
Population
12,792
Households
1.8
Avg Household Size
34
Median Age
66%
College-Educated
96%
High-School Grad
6.5 sq mi
ZIP Area
3,629
Density / Sq Mi
$62,197
Median Household Income
$41,660
Median Earnings
$1,100
Median Rent
$335,200
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Quadplex - Two duplex buildings share a drive and parking area on Woodrow Street.
Where is this quadplex located?
The property is located at 1212-1218 Woodrow St Columbia, SC.
What is the asking price?
The asking price for this property is $485,000.
What are key features of this property?
This property features: Four residential units across two duplex buildings; Each unit includes 1 bedroom and 1 bath; Approximately 600 square feet per unit
