For Sale
$175,000
137 Villa Court, West Columbia, SC 29170
Both residences are fully leased, providing an existing occupied configuration.
Property Size1,918 SF
Days on Market166
Property Features for 137 Villa Court
General Information
Standard status
Active
Size
1,918 SF
Property subtype
Duplex
Occupancy
100%
Additional Details
Highway Access
Yes
Building Details
Building Size
1,918 SF
Year Built
1982
Listing Agency:
American Dream Realty
Listed By:
Pam Clamp · License #43257
(803) 318-6759
Source:
Svrealty
Added: May 3
Changed: Oct 15
Last Checked: Oct 15 at 2:12AM
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 American Dream Realty
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Investment Insights
Based on property information with market context.
This duplex was built in 1982 and is being offered in its current as-is condition. Both units are fully leased, making the existing occupancy a central feature of the property.
The property is located in West Columbia, South Carolina, and is zoned for Lexington District 1 schools.
The property is located in West Columbia, South Carolina, and is zoned for Lexington District 1 schools.
Key Highlights
- Two units are fully leased
- Built in 1982
- Sold in as‑is condition
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$14,913
Cap Rate
8.52%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$298,260
$298.3K
Cap Rate 7%
$213,043
$213.0K
Cap Rate 9%
$165,700
$165.7K
Market Conditions
NOI Build-Up for 1,918 SF
Gross rent
$22.8K $11.88/SF
− Vacancy
−$1.5K −$0.77/SF
EGI
$21.3K $11.11/SF
− OpEx
−$6.4K −$3.33/SF
NOI
$14.9K $7.78/SF
Area
Lexington County, SC
Vacancy
6.50%
Lease Rate
$11.88 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$298,260
Cap Rate 7%
$213,043
Cap Rate 9%
$165,700
Alternative Uses
Best Use
Multifamily LT 5
$213.0K
$186.4K – $248.6K
NOI $14,913 @ 7.0% cap · market cap 8.52%
Second Best
Apartment 5plus
$186.4K
$163.1K – $217.5K
NOI $13,047 @ 7.0% cap · market cap 7.46%
Theoretical Best
Office A
$515.1K
$450.7K – $601.0K
NOI $36,058 @ 7.0% cap · market cap 20.60%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Lease Details
100%
Occupancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
160
Businesses Nearby
Explore this area
Business Placement
Demographics for 29170, SC
22,422
Population
9,547
Households
2.3
Avg Household Size
39
Median Age
30%
College-Educated
92%
High-School Grad
24.5 sq mi
ZIP Area
915
Density / Sq Mi
$73,470
Median Household Income
$43,125
Median Earnings
$1,026
Median Rent
$191,100
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - Both residences are fully leased, providing an existing occupied configuration.
Where is this duplex located?
The property is located at 137 Villa Court West Columbia, SC.
What is the asking price?
The asking price for this property is $175,000.
What are key features of this property?
This property features: Two units are fully leased; Built in 1982; Sold in as‑is condition
