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Hardie Board Duplex
For Sale
$479,900

129 Victoria Drive, Inman, SC 29349

Two-level living space includes a main-floor primary suite, private outdoor areas, and a single-car garage.

Property Size3,188 SF
Days on Market16

Property Features for 129 Victoria Drive

General Information

Standard status Active
Size 3,188 SF
Property subtype Duplex

Site & Location

Highway Access Yes
Road Access Yes

Additional Details

Multifamily Units 2

Amenities

front porch
back concrete patio
Acres: 0.88, Area: 38332.8, Dimensions: 159 x 242 x 159 x 240, Square Feet: 38332.8
Roof: Architectural
Sewer: Septic Tank
Tax Annual Amount: $6,980
Garage Included
Cooling Included, Cooling: Central Forced, Electric, Heat Pump
Heating Included, Heating: Electric, Forced Air, Heat Pump
Contract Status Change Date: 2026-10-01, Listing Terms: None, Standard Status: Active
Open Parking, Parking Features: Two Spaces, Garage, Paved
Elementary School: Oakland, Middle Or Junior School: Boiling Springs, High School: Boiling Springs
6 total bedrooms
Building Area Total: 3188, Built in 2022, Construction Materials: Concrete, Levels: One, Stories: 1
City: Inman, County Or Parish: Spartanburg, MLS Area Major: 033, Postal Code: 29349, State Or Province: SC, Subdivision Name: None
Number Of Units Total: 2, Parcel Number: 22800040.57, Property Condition: 1-5, Property Sub Type: Duplex
4 total bathrooms, 4 full bathrooms
Water Source: Public
Foundation Details: Crawl Space
Patio And Porch Features: Unit 1: Porch-Front, Unit 2: Porch-Front
Appliances: Electric Water Heater

Building Details

Building Size 3,188 SF
Year Built 2022
Construction Hardie board
Listing Agency: Leslie Horne and Associates
Listed By: Lisa M Donald · License #79959
Source: Blackstreaminternational
Added: Oct 1 Changed: Oct 15 Last Checked: Oct 15 at 1:08AM

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 Leslie Horne and Associates

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Investment Insights

Based on property information with market context.

Built in 2022, this Hardie board duplex features an open interior with a great room, breakfast area, and kitchen equipped with granite counters, wood cabinetry, an island, and two pantries. The primary suite is on the main level, alongside a walk-in laundry room and single-car garage. Two additional bedrooms and a shared full bath occupy the upper floor. Flooring includes ceramic tile, laminate, and hardwood, with no carpet.

A front porch and rear concrete patio provide outdoor space, with the patio overlooking a deep backyard. The property is on Victoria Drive, just off Hwy 9, and is described as close to shopping, dining, medical centers, and interstates.

Key Highlights

  • Duplex built in 2022 with Hardie board exterior
  • Main‑level primary suite and two additional upstairs bedrooms
  • Kitchen features granite countertops, a center island, and dual pantry storage

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$28,493
Cap Rate
5.94%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$569,860 $569.9K
Cap Rate 7%
$407,043 $407.0K
Cap Rate 9%
$316,589 $316.6K
Market Conditions
NOI Build-Up for 3,188 SF
Gross rent
$42.8K $13.44/SF
− Vacancy
−$2.1K −$0.67/SF
EGI
$40.7K $12.77/SF
− OpEx
−$12.2K −$3.83/SF
NOI
$28.5K $8.94/SF
Area
Spartanburg County, SC
Vacancy
5.00%
Lease Rate
$13.44 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$569,860
Cap Rate 7%
$407,043
Cap Rate 9%
$316,589

Alternative Uses

Best Use
Multifamily LT 5
$407.0K
$356.2K – $474.9K (±1% cap)
NOI $28,493 @ 7.0% cap · market cap 5.94%
Second Best
Apartment 5plus
$374.9K
$328.1K – $437.4K (±1% cap)
NOI $26,246 @ 7.0% cap · market cap 5.47%
Theoretical Best
Warehouse
$2.47M
$2.17M – $2.89M (±1% cap)
NOI $173,244 @ 7.0% cap · market cap 36.10%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Building Supply Real Estate Agency Law Firm Auto Parts Store Electrical Service Nail Salon

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

2
Residential units
Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

90
Businesses Nearby

Demographics for 29349, SC

36,458
Population
15,118
Households
2.4
Avg Household Size
41
Median Age
22%
College-Educated
87%
High-School Grad
76.9 sq mi
ZIP Area
474
Density / Sq Mi
$74,363
Median Household Income
$42,604
Median Earnings
$917
Median Rent
$233,400
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025

Frequently Asked Questions

What type of property is this?
Duplex - Two-level living space includes a main-floor primary suite, private outdoor areas, and a single-car garage.
Where is this duplex located?
The property is located at 129 Victoria Drive Inman, SC.
What is the asking price?
The asking price for this property is $479,900.
What are key features of this property?
This property features: Duplex built in 2022 with Hardie board exterior; Main‑level primary suite and two additional upstairs bedrooms; Kitchen features granite countertops, a center island, and dual pantry storage
More about this property
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