Brick Quadplex with
For Sale
$150,000
1660 Windsor Street, Orangeburg, SC 29115
Residential Income, Orangeburg, SC
Property Size3,600 SF
Lot Size0.76 Acres
Price / SF$41.67
Days on Market168
Property Features for 1660 Windsor Street
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Bedrooms
8
Bathrooms
4
Full bathrooms
4
Rooms
Bathroom 2, Laundry Room, Bedroom 5, Bedroom 4, Bedroom 3, Bathroom 3, Bathroom 1, Bedroom 1, Bathroom 4, Bedroom 7, Bedroom 6, Bedroom 8, Bedroom 2
Parking features
Driveway
Pets allowed
Yes
Fencing
Chain Link
Appliances
Electric Oven
Lot features
Level
Elementary school
Unspecified
Middle school
Unspecified
High school
Unspecified
Standard status
Active
APN
0152-16-10-007.000
Lot size
0.76 Acres
Taxes and HOA fees
Tax Description
WINDSOR ST 5 5100140605
Legal Description
WINDSOR ST 5 5100140605
Utilities
Sewer type
Public Sewer
Heating system
Central
Cooling system
Central Air
Amenities
front and rear porches
off-street parking
Building Details
Year built
1950
Floors in Building
1
Number of units
4
Flooring type
Carpet
Building materials
Brick Full
Roof type
Composition
Listing Agency:
Keller Williams Ballantyne Area · Keller Williams Realty
(704) 887-6600
Listed By:
Kim McCowan
(704) 626-0356
Added: Mar 30
Changed: Sep 13
Last Checked: Sep 13 at 9:06AM
MLS# 4358102
Copyright © 2026 Canopy MLS. 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 four-unit residential property at 1660 Windsor Street contains 8 bedrooms and 4 bathrooms across approximately 3,600 square feet. Built in 1950, the building features full brick construction, composition roofing, carpet flooring, central heating, and central air conditioning. Each unit has both a front porch and a rear porch, while the property also includes driveway parking and chain-link fencing. Public sewer service and an electric oven are in place.
The property occupies 0.76 acres in Orangeburg, South Carolina, with SC State University located less than 2 miles away. Its address is 1660 Windsor Street, Orangeburg, SC 29115. The four-unit configuration and existing residential improvements provide a defined multifamily layout for continued rental use.
The property occupies 0.76 acres in Orangeburg, South Carolina, with SC State University located less than 2 miles away. Its address is 1660 Windsor Street, Orangeburg, SC 29115. The four-unit configuration and existing residential improvements provide a defined multifamily layout for continued rental use.
Key Highlights
- Four‑unit property with 8 bedrooms and 4 bathrooms
- Approximately 3,600 sq ft on 0.76 acres
- Full brick construction dating to 1950
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$12,843
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
8.56%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$256,860
$256.9K
Cap Rate 7%
$183,471
$183.5K
Cap Rate 9%
$142,700
$142.7K
Market Conditions
NOI Build-Up for 3,600 SF
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.
Gross rent
$30.2K $8.40/SF
− Vacancy
−$6.9K −$1.91/SF
EGI
$23.4K $6.49/SF
− OpEx
−$10.5K −$2.92/SF
NOI
$12.8K $3.57/SF
Area
Orangeburg County, SC
Vacancy
22.78%
Lease Rate
$8.40 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$256,860
Cap Rate 7%
$183,471
Cap Rate 9%
$142,700
Alternative Uses
Best Use
Multifamily LT 5
$203.1K
$177.7K – $237.0K
NOI $14,218 @ 7.0% cap · market cap 9.48%
Second Best
Apartment 5plus
$183.5K
$160.5K – $214.1K
NOI $12,843 @ 7.0% cap · market cap 8.56%
Theoretical Best
Specialty Retail
$521.5K
$456.4K – $608.5K
NOI $36,508 @ 7.0% cap · market cap 24.34%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Lease Details
4
Residential units
Location Intelligence
Trade Area within ½ mile
572
Businesses Nearby
Explore this area
Business Placement
Demographics for 29115, SC
28,207
Population
14,058
Households
2
Avg Household Size
37
Median Age
19%
College-Educated
78%
High-School Grad
124.6 sq mi
ZIP Area
226
Density / Sq Mi
$34,174
Median Household Income
$26,854
Median Earnings
$779
Median Rent
$95,600
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Quadplex - Four residential units feature private porches, driveway parking, and central heating and cooling.
Where is this quadplex located?
The property is located at 1660 Windsor Street Orangeburg, SC.
What is the asking price?
The asking price for this property is $150,000.
What are key features of this property?
This property features: Four‑unit property with 8 bedrooms and 4 bathrooms; Approximately 3,600 sq ft on 0.76 acres; Full brick construction dating to 1950
