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Duplex with Double Garages
New
For Sale
$469,900

141 Sandifer Road, Spartanburg, SC 29303

MULTI_FAMILY - Spartanburg, SC

Property Size2,986 SF
Price / SF$157.37
Days on Market2

Property Features for 141 Sandifer Road

General Information

Property type Residential Multi Family
Property subtype Duplex
Parking features Garage, Driveway
Elementary school 2-Shoally Creek Elementary
Middle school 2-Rainbow Lake Middle School
High school 2-Boiling Springs
Elementary school district 2
Middle school district 2
High school district 2
Directions North on Highway 9 Turn Right on Parris Bridge Rd. Turn Right on Sandifer. Duplex up long drive on left.
Subdivision Boiling Springs
Standard status Active
Size 2,986 SF

Taxes and HOA fees

Tax Year 2024
Tax Annual Amount 663

Utilities

Sewer type Septic Tank
Heating system Heat Pump (Heating)
Cooling system Central Air
Water source Public

Building Details

Year built 2024
Floors in Building 2
Number of units 2
Listing Agency: Coldwell Banker Caine Real Est · Coldwell Banker Real Estate
Listed By: Lindsay Blanton · License #67700
Added: Aug 4 Changed: Aug 5 Last Checked: Aug 5 at 11:06AM
MLS# 340221

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.

Built in 2024, this 2,986-square-foot duplex contains two four-bedroom residences. Each unit spans two levels, with the primary bedroom on the main floor and three additional bedrooms upstairs. A double garage serves each residence, and driveway parking is also provided. Heat pump systems supply heating, while central air conditioning provides cooling.

The property encompasses almost 1 acre at 141 Sandifer Road in Spartanburg, South Carolina. Public water and septic service are in place, providing a defined utility configuration for the multifamily property.

Key Highlights

  • 2,986‑square‑foot duplex with two four‑bedroom residences
  • Double garage serving each unit, plus driveway parking
  • Each residence places the primary bedroom on the main level and three bedrooms upstairs

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 $40.1k $13.44
− Vacancy −$2.0k −$0.67
EGI $38.1k $12.77
− OpEx −$11.4k −$3.83
NOI $26.7k $8.94
2,986 SF · lease $13.44/SF/yr · vacancy 5.00% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$381.3K
$333.6K – $444.8K (±1% cap)
NOI $26,688 @ 7.0% cap · market cap 5.68%
Second Best
Apartment 5plus
$351.2K
$307.3K – $409.7K (±1% cap)
NOI $24,583 @ 7.0% cap · market cap 5.23%
Theoretical Best
Warehouse
$2.32M
$2.03M – $2.70M (±1% cap)
NOI $162,267 @ 7.0% cap · market cap 34.53%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Restaurant Building Supply Auto Repair Shop Spa & Massage Center 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

Location Intelligence

Trade Area within ½ mile

62
Businesses Nearby

Demographics for 29303, SC

26,793
Population
10,891
Households
2.5
Avg Household Size
33
Median Age
12%
College-Educated
76%
High-School Grad
32.4 sq mi
ZIP Area
827
Density / Sq Mi
$45,713
Median Household Income
$24,506
Median Earnings
$968
Median Rent
$143,600
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Each residence features a two-level layout with the primary bedroom on the main floor and three bedrooms upstairs.
Where is this duplex located?
The property is located at 141 Sandifer Road Spartanburg, SC.
What is the asking price?
The asking price for this property is $469,900.
What are key features of this property?
This property features: 2,986‑square‑foot duplex with two four‑bedroom residences; Double garage serving each unit, plus driveway parking; Each residence places the primary bedroom on the main level and three bedrooms upstairs
More about this property
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