Updated Duplex with Large
129 Pisgah Drive Spartanburg, SC 29303
129 Pisgah Drive, Spartanburg, SC, 29303
$314,900
For Sale
$314,900
MULTI_FAMILY - Spartanburg, SC
Property Size2,058 SF
Lot Size0.75 Acres
Price / SF$153.01
Days on Market51
Property Features for 129 Pisgah Drive
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Parking features
- Driveway
- Standard status
- Active
- Size
- 2,058 SF
- Lot size
- 0.75 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 6149
Utilities
- Sewer type
- Septic Tank
- Heating system
- Heat Pump (Heating)
- Cooling system
- Heat Pump, Central Air
- Water source
- Public
Building Details
- Floors in Building
- 1
- Number of units
- 2
Listing Agency
Affinity Group Realty
(864) 921-2220
9440 Asheville Highway Suite 2, INMAN, SC
Listed by
Ruslan Barabolkin
(864) 432-6565
Added: May 28 Checked: Jul 17 at 12:06 pm
MLS# 337719
Listing URL
Copyright © 2026 Spartanburg Association of REALTORS, Inc. 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 duplex offers a flexible residential income setup with two units on a large 0.75-acre lot. Exterior highlights include a huge yard and a large backyard patio designed for outdoor entertaining or relaxing. The property presents as move-in ready and in great condition, with major updates already completed.
The listing notes a brand-new roof, new HVAC units, and new gutters, which can help reduce near-term maintenance concerns. The property is also described as having no HOA and no restrictions, supporting a straightforward ownership experience for both investors and owner-occupants. It is located at 129 Pisgah Drive in Spartanburg, South Carolina.
For tenants, buyers, or operators, the duplex configuration supports common living and renting scenarios, including living in one unit while renting the other. The combination of refreshed exterior space and completed mechanical and roofing improvements may be particularly appealing to buyers looking for a property with fewer immediate capital items and room outdoors for everyday enjoyment.
The listing notes a brand-new roof, new HVAC units, and new gutters, which can help reduce near-term maintenance concerns. The property is also described as having no HOA and no restrictions, supporting a straightforward ownership experience for both investors and owner-occupants. It is located at 129 Pisgah Drive in Spartanburg, South Carolina.
For tenants, buyers, or operators, the duplex configuration supports common living and renting scenarios, including living in one unit while renting the other. The combination of refreshed exterior space and completed mechanical and roofing improvements may be particularly appealing to buyers looking for a property with fewer immediate capital items and room outdoors for everyday enjoyment.
Key Highlights
- 0.75‑acre lot with a huge yard and large backyard patio
- Duplex with major updates: brand‑new roof, new HVAC units, and new gutters
- Central air with heat pump HVAC
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 | $27.7k | $13.44 |
| − Vacancy | −$1.4k | −$0.67 |
| EGI | $26.3k | $12.77 |
| − OpEx | −$7.9k | −$3.83 |
| NOI | $18.4k | $8.94 |
2,058 SF · lease $13.44/SF/yr · vacancy 5.00% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$262.8K
$229.9K – $306.6K
NOI $18,394 @ 7.0% cap · market cap 5.84%
Second Best
Apartment 5plus
$242.0K
$211.8K – $282.4K
NOI $16,943 @ 7.0% cap · market cap 5.38%
Theoretical Best
Warehouse
$1.60M
$1.40M – $1.86M
NOI $111,837 @ 7.0% cap · market cap 35.52%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
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FAQs
What type of property is this?
Duplex - A well-maintained duplex on a 0.75-acre lot with major upgrades and outdoor patio space.
Where is this duplex located?
The property is located at 129 Pisgah Drive Spartanburg, SC.
What is the asking price?
The asking price for this property is $314,900.
What are key features of this property?
This property features: 0.75‑acre lot with a huge yard and large backyard patio; Duplex with major updates: brand‑new roof, new HVAC units, and new gutters; Central air with heat pump HVAC
