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Radiance Renissance Apartment Building
New
For Sale
$1,500,000

417 S Church St, Florence, SC 29506

Renovated multifamily community with updated interiors, replaced plumbing, and a mix of one- and two-bedroom units.

Property SizeContact for details
Days on Market3

Property Features for 417 S Church St

General Information

Standard status Active
Property subtype Multifamily

Units

Unit Mix 2 x 1BR, 19 x 2BR
Multifamily Units 21

Additional Details

Cap Rate 8.05%
Utilities to Site Yes

Amenities

2025 Comprehensive Renovation: All 21 units renovated in 2025 with new LVP flooring, paint, cabinets, and appliances (predominantly stainless steel).
Modern Plumbing & Utility Infrastructure: Fully replaced PEX plumbing throughout, individually metered electric, and single water meter across both properties.
Majority 2BR Unit Mix: 19 two-bedroom units and 2 one-bedroom units delivering a predominantly two-bedroom operating profile.
Florence Medical & Commercial Hub: Positioned in Florence, the medical and commercial hub of South Carolina's Pee Dee Region.
Florence Employment Base: Anchored by McLeod Health, MUSC Health Florence, HopeHealth, GE HealthCare, Honda, QVC, and Sonoco Products.
I-95 Corridor Location: Direct I-95 corridor access midway between the Northeast and Florida for regional connectivity and logistics.

Building Details

Year Built 1960
Year Renovated 2025
Units 21
Listing Agency: Charleston Office
Listed By: Carson Ford · License #License(s): SC: 139774, NC: LC998
Source: Marcusmillichap
Added: Sep 6 Last Checked: Sep 7 at 4:38AM

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 Charleston Office

Investment Insights

Based on property information with market context.

Radiance Renissance is a 21-unit apartment community across two properties in Florence, South Carolina. The unit mix includes 2 one-bedroom apartments and 19 two-bedroom apartments. Originally constructed in 1960, the community underwent a comprehensive renovation in 2025, including new LVP flooring, interior paint, cabinets, and appliances in every unit. Most appliances are stainless steel.

Capital improvements also include full PEX plumbing replacement, new mailboxes, and recent paving at the Church Street property. HVAC systems include central equipment, mini-splits, and a limited number of window units. Electricity is separately metered by apartment, while water is supplied through one master meter. Florence serves as a medical and commercial center for South Carolina’s Pee Dee Region, with employment across healthcare, manufacturing, and distribution.

Key Highlights

  • 21‑unit apartment community across two properties
  • Unit mix includes 2 one‑bedroom and 19 two‑bedroom units
  • Comprehensive renovation completed in 2025

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Building Supply Big Box & Wholesale Store Electrical Service Kitchen & Bath Showroom Storage Facility Veterinary 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

21
Residential units
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

2,204
Businesses Nearby

Demographics for 29506, SC

19,967
Population
8,710
Households
2.3
Avg Household Size
37
Median Age
15%
College-Educated
80%
High-School Grad
120.8 sq mi
ZIP Area
165
Density / Sq Mi
$38,441
Median Household Income
$25,677
Median Earnings
$802
Median Rent
$114,400
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 - Renovated multifamily community with updated interiors, replaced plumbing, and a mix of one- and two-bedroom units.
Where is this apartment building located?
The property is located at 417 S Church St Florence, SC.
What is the asking price?
The asking price for this property is $1,500,000.
What are key features of this property?
This property features: 21‑unit apartment community across two properties; Unit mix includes 2 one‑bedroom and 19 two‑bedroom units; Comprehensive renovation completed in 2025
More about this property
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