Income Duplex With Tenant In
17 Bridwell Avenue Greenville, SC 29607
17 Bridwell Avenue, Greenville, SC, 29607
$350,000
For Sale
$350,000
Duplex with 2 bedrooms and 1 bath, new roof (2022), and newer A/C units in both units, with tenants through 2026.
Property Size2,384 SF
Price / SF$146.81
Days on Market365
Property Features for 17 Bridwell Avenue
General Information
- Standard status
- Active
- Size
- 2,384 SF
- Property subtype
- Multi-Family / Duplex
Building Details
- Year Built
- 1945
Listing agency
The Posey Group
(864) 616-6500
Listed by
Veronica Posey · License #89810
(864) 616-6500
Source
Compass
Added: Jul 23, 2025 Updated: Jul 21 at 3:20PM Checked: Jul 21 at 3:20PM
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 The Posey Group
Investment Insights
Based on property information with market context.
This income-producing duplex is configured as a 2-bedroom, 1-bath residence and includes recent improvements such as a new roof installed in 2022 and new A/C units in both units. The property is being sold “as is.” Tenants are in place through 2026, supporting immediate rental income at closing.
Located in Nicholtown Heights at 17 Bridwell Avenue, the duplex is described as being mere minutes from downtown Greenville and the Swamp Rabbit Trail, with access to major highways and nearby restaurants.
The duplex is also being sold in tandem with 204 Elder Street (MLS#1574061).
Located in Nicholtown Heights at 17 Bridwell Avenue, the duplex is described as being mere minutes from downtown Greenville and the Swamp Rabbit Trail, with access to major highways and nearby restaurants.
The duplex is also being sold in tandem with 204 Elder Street (MLS#1574061).
Key Highlights
- Duplex with 2 bedrooms and 1 bath
- Tenants in place through 2026
- New roof installed in 2022
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 | $36.6k | $15.36 |
| − Vacancy | −$2.0k | −$0.84 |
| EGI | $34.6k | $14.52 |
| − OpEx | −$10.4k | −$4.35 |
| NOI | $24.2k | $10.16 |
2,384 SF · lease $15.36/SF/yr · vacancy 5.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$346.0K
$302.8K – $403.7K
NOI $24,223 @ 7.0% cap · market cap 6.92%
Second Best
Apartment 5plus
$309.6K
$270.9K – $361.2K
NOI $21,674 @ 7.0% cap · market cap 6.19%
Theoretical Best
Office A
$1.02M
$891.3K – $1.19M
NOI $71,301 @ 7.0% cap · market cap 20.37%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Duplexes
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FAQs
What type of property is this?
Duplex - Duplex with 2 bedrooms and 1 bath, new roof (2022), and newer A/C units in both units, with tenants through 2026.
Where is this duplex located?
The property is located at 17 Bridwell Avenue Greenville, SC.
What is the asking price?
The asking price for this property is $350,000.
What are key features of this property?
This property features: Duplex with 2 bedrooms and 1 bath; Tenants in place through 2026; New roof installed in 2022
