Renovated Brick
1417 Fernwood Glendale Road Spartanburg, SC 29307
1417 Fernwood Glendale Road, Spartanburg, SC, 29307
$284,900
For Sale
$284,900
MULTI_FAMILY - Spartanburg, SC
Property Size2,250 SF
Price / SF$126.62
Days on Market119
Property Features for 1417 Fernwood Glendale Road
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 4
- Bathrooms
- 2
- Rooms
- Bedroom 3, Bedroom 4, Bedroom 2, Bedroom 1
- Parking features
- Driveway
- Standard status
- Active
- Size
- 2,250 SF
Taxes and HOA fees
- Tax Year
- 2024
- Tax Annual Amount
- 3372
Utilities
- Sewer type
- Public Sewer
- Heating system
- Heat Pump (Heating)
- Cooling system
- Heat Pump
- Water source
- Public
Building Details
- Year built
- 1964
- Floors in Building
- 1
- Number of units
- 2
Listing agency
Coldwell Banker Caine Real Est
(864) 585-8713
Listed by
Lindsay Blanton · License #67700
(864) 237-7291
Added: Mar 27 Updated: Jul 22 at 10:27PM Checked: Jul 23 at 4:06AM
MLS# 335142
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.
This renovated brick duplex features two units, each offering 2 bedrooms and 1 bathroom. Interiors include hardwood floors and large great rooms, and the property description indicates that all appliances remain.
The duplex is located on the east side of Spartanburg at 1417 Fernwood Glendale Road, Spartanburg, SC 29307. The property is noted as being in D7.
With two similarly configured residences on site, the property may appeal to buyers looking to start or expand a residential rental portfolio.
The duplex is located on the east side of Spartanburg at 1417 Fernwood Glendale Road, Spartanburg, SC 29307. The property is noted as being in D7.
With two similarly configured residences on site, the property may appeal to buyers looking to start or expand a residential rental portfolio.
Key Highlights
- Renovated brick duplex with 2‑bedroom, 1‑bath units
- Hardwood floors and large great rooms in the units
- All appliances remain
Local 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 | $30.2k | $13.44 |
| − Vacancy | −$1.5k | −$0.67 |
| EGI | $28.7k | $12.77 |
| − OpEx | −$8.6k | −$3.83 |
| NOI | $20.1k | $8.94 |
2,250 SF · lease $13.44/SF/yr · vacancy 5.00% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$287.3K
$251.4K – $335.2K
NOI $20,110 @ 7.0% cap · market cap 7.06%
Second Best
Apartment 5plus
$264.6K
$231.6K – $308.7K
NOI $18,524 @ 7.0% cap · market cap 6.50%
Theoretical Best
Warehouse
$1.75M
$1.53M – $2.04M
NOI $122,271 @ 7.0% cap · market cap 42.92%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Duplex - Renovated brick duplex with two 2-bedroom, 1-bath units, hardwood floors, large great rooms, and all appliances included.
Where is this duplex located?
The property is located at 1417 Fernwood Glendale Road Spartanburg, SC.
What is the asking price?
The asking price for this property is $284,900.
What are key features of this property?
This property features: Renovated brick duplex with 2‑bedroom, 1‑bath units; Hardwood floors and large great rooms in the units; All appliances remain
