Duplex with Updated
New
For Sale
$350,000
17 Bridwell Avenue, Greenville, SC 29607
Both units have new A/C equipment, and tenants are in place through 2026.
Property Size2,384 SF
Price / SF$146.81
Days on Market1
Property Features for 17 Bridwell Avenue
General Information
Standard status
Active
Size
2,384 SF
Property subtype
Multi-Family
Additional Details
Highway Access
Yes
Multifamily Units
2
Tenant in Place
Yes
Taxes and HOA fees
Annual Taxes
$1,640
Amenities
Yes
2
No
4
Square Feet
Public
40 x 110 x 39 x 110
One Space,Paved
Slab
2384
Building Details
Year Built
1945
Buildings
1
Stories
1
Listing Agency:
The Nichols Company
(864) 242-6650
Listed By:
Susana Martinez
(864) 434-2536
Source:
Cdanjoyner
Added: Oct 23
Last Checked: Oct 23 at 6:02PM
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 Nichols Company
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Investment Insights
Based on property information with market context.
This 2,384-square-foot duplex in Greenville was built in 1945 and includes a 2-bedroom, 1-bathroom layout. A roof replacement was completed in 2022, and both units have new A/C equipment. The property is being sold as-is with tenants in place through 2026.
The duplex is offered together with 204 Elder Street. Downtown Greenville, the Swamp Rabbit Trail, major highways, and local restaurants are described as nearby.
The duplex is offered together with 204 Elder Street. Downtown Greenville, the Swamp Rabbit Trail, major highways, and local restaurants are described as nearby.
Key Highlights
- 2,384‑square‑foot duplex
- 2 bedrooms and 1 bathroom
- Roof installed in 2022
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$24,223
Cap Rate
6.92%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$484,460
$484.5K
Cap Rate 7%
$346,043
$346.0K
Cap Rate 9%
$269,144
$269.1K
Market Conditions
NOI Build-Up for 2,384 SF
Gross rent
$36.6K $15.36/SF
− Vacancy
−$2.0K −$0.84/SF
EGI
$34.6K $14.52/SF
− OpEx
−$10.4K −$4.35/SF
NOI
$24.2K $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%
$484,460
Cap Rate 7%
$346,043
Cap Rate 9%
$269,144
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 authorities.
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Lease Details
2
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
428
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
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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - Both units have new A/C equipment, and tenants are in place 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: 2,384‑square‑foot duplex; 2 bedrooms and 1 bathroom; Roof installed in 2022
