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32-Unit Apartment Community
New
For Sale
$2,700,000

1318 Durst Ave E, Greenwood, SC 29649

A renovated multifamily property with in-unit laundry hookups and a mix of one-bathroom floorplans.

Property SizeContact for details
Lot Size2.20 Acres
Days on Market2

Property Features for 1318 Durst Ave E

General Information

Standard status Active
Lot size 2.20 Acres
Property subtype Multifamily

Property Condition

Severity Repairs Needed
Evidence remaining five classic units offer a targeted renovation program

Additional Details

Multifamily Units 32

Amenities

in-unit washer and dryer hookups
on-site dumpsters
Recent Renovation Program: 27 of 32 units renovated with new flooring, countertops, appliances, and fixtures.
Value-Add Runway: Remaining five classic units offer a defined path to match completed renovations and capture additional rental upside.
Recent Capital Investment: Parking lot resurfaced at end of 2022, minimizing near-term exterior site capex for a new owner.
2BR + 3BR Mix with W/D Hookups: Mix of two-bedroom and three-bedroom floorplans with in-unit washer and dryer hookups in every unit.
Diversified Employment Base: Anchored by Self Regional Healthcare, Eaton, Capsugel, Cardinal Health, Lander University, and Piedmont Technical College.
Central Southern Location: Positioned centrally among Atlanta, Charlotte, Greenville, Columbia, and Augusta for regional connectivity.

Building Details

Units 32
Listed By: Will Graves Jr. · License #License(s): SC: 95930
Source: Marcusmillichap
Added: Oct 1 Last Checked: Oct 1 at 2:09PM

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 Will Graves Jr.

Investment Insights

Based on property information with market context.

This 32-unit apartment property occupies 2.2 acres in Greenwood, South Carolina. The residences include two-bedroom and three-bedroom layouts, each with one bathroom. Construction dates span 1981/1982 for 24 units and 2011/2012 for the other eight. Renovations covering flooring, countertops, appliances, and fixtures are complete in 27 units; five retain their classic finishes. Every unit has washer and dryer hookups. The parking lot received new surfacing at the end of 2022, and two dumpsters serve the community.

ES Foundry, a solar cell manufacturer based in Greenwood, leases 30% of the property for employee housing. Residents pay for electricity, while ownership currently covers water. Greenwood’s employment base includes healthcare, higher education, and manufacturing, with Self Regional Healthcare and Lander University among its major employers.

Key Highlights

  • 32 units on 2.2 acres in Greenwood, South Carolina
  • Two‑bedroom, one‑bathroom and three‑bedroom, one‑bathroom layouts
  • 24 units date to 1981/1982; 8 units date to 2011/2012

Property Analytics

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Current Use

Apartment buildings

Suggested Use

Top Pick Law Firm Real Estate Agency Pharmacy Dental Office (Bike/Boat/Book/etc) Store Skin Care Clinic

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

32
Residential units

Location Intelligence

Trade Area within ½ mile

176
Businesses Nearby

Demographics for 29649, SC

27,485
Population
11,966
Households
2.3
Avg Household Size
38
Median Age
35%
College-Educated
93%
High-School Grad
53.6 sq mi
ZIP Area
513
Density / Sq Mi
$56,268
Median Household Income
$37,221
Median Earnings
$937
Median Rent
$207,700
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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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 - A renovated multifamily property with in-unit laundry hookups and a mix of one-bathroom floorplans.
Where is this apartment building located?
The property is located at 1318 Durst Ave E Greenwood, SC.
What is the asking price?
The asking price for this property is $2,700,000.
What are key features of this property?
This property features: 32 units on 2.2 acres in Greenwood, South Carolina; Two‑bedroom, one‑bathroom and three‑bedroom, one‑bathroom layouts; 24 units date to 1981/1982; 8 units date to 2011/2012
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