Two-Unit
New
For Sale
$349,000
1608 E North Street, Greenville, SC 29607
Both residences include a bedroom, living area, kitchen, bathroom, and laundry.
Property Size1,370 SF
Price / SF$254.74
Days on Market2
Property Features for 1608 E North Street
General Information
Standard status
Active
Size
1,370 SF
Property subtype
Multi-Family
Occupancy
100%
Additional Details
Tenant in Place
Yes
Taxes and HOA fees
Annual Taxes
$3,239
Amenities
Yes
2
Square Feet
No
Public
11325.6
80 x 167 x 61 x 158
0.26
Two Spaces
Crawl Space
1370
Building Details
Buildings
1
Stories
1
Tenancy
Multi
Listing Agency:
Carolina Realty Associates
Listed By:
Jonathan E Kostyra · License #45814
(864) 525-0736
Source:
Cdanjoyner
Added: Nov 1
Last Checked: Nov 1 at 3:52PM
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 Carolina Realty Associates
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Investment Insights
Based on property information with market context.
This 1,370-square-foot duplex contains two residences, each arranged with one bedroom, a living room, kitchen, bathroom, and laundry. The property sits on a 0.26-acre lot and includes two parking spaces.
Located in Greenville, South Carolina, the property is minutes from downtown, with several restaurants and shops within walking distance. Both residences are tenant-occupied, and showings require at least 24 hours’ notice.
Located in Greenville, South Carolina, the property is minutes from downtown, with several restaurants and shops within walking distance. Both residences are tenant-occupied, and showings require at least 24 hours’ notice.
Key Highlights
- Two residences, each with one bedroom, living room, kitchen, bathroom, and laundry
- 1,370 square feet on a 0.26‑acre lot
- Lot dimensions: 80 x 167 x 61 x 158
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$13,920
Cap Rate
3.99%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$278,400
$278.4K
Cap Rate 7%
$198,857
$198.9K
Cap Rate 9%
$154,667
$154.7K
Market Conditions
NOI Build-Up for 1,370 SF
Gross rent
$21.0K $15.36/SF
− Vacancy
−$1.2K −$0.84/SF
EGI
$19.9K $14.52/SF
− OpEx
−$6.0K −$4.35/SF
NOI
$13.9K $10.16/SF
Area
Greenville County, SC
Vacancy
5.50%
Lease Rate
$15.36 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$278,400
Cap Rate 7%
$198,857
Cap Rate 9%
$154,667
Alternative Uses
Best Use
Multifamily LT 5
$198.9K
$174.0K – $232.0K
NOI $13,920 @ 7.0% cap · market cap 3.99%
Second Best
Apartment 5plus
$177.9K
$155.7K – $207.6K
NOI $12,455 @ 7.0% cap · market cap 3.57%
Theoretical Best
Office A
$585.3K
$512.2K – $682.9K
NOI $40,974 @ 7.0% cap · market cap 11.74%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Lease Details
100%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
947
Businesses Nearby
Explore this area
Business Placement
Demographics for 29607, SC
44,216
Population
22,288
Households
2
Avg Household Size
35
Median Age
50%
College-Educated
94%
High-School Grad
29.0 sq mi
ZIP Area
1,525
Density / Sq Mi
$69,249
Median Household Income
$46,549
Median Earnings
$1,339
Median Rent
$315,100
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - Both residences include a bedroom, living area, kitchen, bathroom, and laundry.
Where is this duplex located?
The property is located at 1608 E North Street Greenville, SC.
What is the asking price?
The asking price for this property is $349,000.
What are key features of this property?
This property features: Two residences, each with one bedroom, living room, kitchen, bathroom, and laundry; 1,370 square feet on a 0.26‑acre lot; Lot dimensions: 80 x 167 x 61 x 158
