Duplex with
For Sale
$404,900
171 Sandifer Road, Spartanburg, SC 29303
MULTIFAMILY, Spartanburg, SC
Property Size2,356 SF
Lot Size0.49 Acres
Price / SF$171.86
Days on Market142
Property Features for 171 Sandifer Road
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Parking features
Garage, Driveway
Subdivision
Sunnydale
Elementary school
2-Shoally Creek Elementary
Middle school
2-Rainbow Lake Middle School
High school
2-Boiling Springs
Elementary school district
2 Sptbg Co
Middle school district
2 Sptbg Co
High school district
2 Sptbg Co
Directions
Take Exit 75 for SC-9 (Boiling Springs Road). Head North. Turn right onto Shoally Creek Rd, left onto Parris Bridge Rd, right onto Sandifer Rd. Home will be on left.
Standard status
Active
Size
2,356 SF
Lot size
0.49 Acres
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
8590
Utilities
Sewer type
Septic Tank
Heating system
Heat Pump (Heating)
Cooling system
Heat Pump, Central Air
Water source
Public
Building Details
Floors in Building
1
Number of units
2
Roof type
Composition
Listing Agency:
Affinity Group Realty
(864) 921-2220
Listed By:
Ruslan Barabolkin
(864) 432-6565
Added: May 28
Changed: Oct 15
Last Checked: Oct 16 at 2:06AM
MLS# 337720
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.
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Investment Insights
Based on property information with market context.
This 2,356-square-foot duplex was completed in 2022 on a 0.49-acre parcel. The property includes a garage, driveway, and yard. Heating and cooling are provided by heat pumps, with central air listed for cooling; the roof is composition material.
Located at 171 Sandifer Road in Spartanburg, the property has public water and a septic system. There is no HOA or restrictive covenant burden noted, and the two-unit layout accommodates separate residential units.
Located at 171 Sandifer Road in Spartanburg, the property has public water and a septic system. There is no HOA or restrictive covenant burden noted, and the two-unit layout accommodates separate residential units.
Key Highlights
- Two‑unit duplex with 2,356 square feet of building area
- 0.49‑acre lot
- Built in 2022
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$21,057
Cap Rate
5.20%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$421,140
$421.1K
Cap Rate 7%
$300,814
$300.8K
Cap Rate 9%
$233,967
$234.0K
Market Conditions
NOI Build-Up for 2,356 SF
Gross rent
$31.7K $13.44/SF
− Vacancy
−$1.6K −$0.67/SF
EGI
$30.1K $12.77/SF
− OpEx
−$9.0K −$3.83/SF
NOI
$21.1K $8.94/SF
Area
Spartanburg County, SC
Vacancy
5.00%
Lease Rate
$13.44 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$421,140
Cap Rate 7%
$300,814
Cap Rate 9%
$233,967
Alternative Uses
Best Use
Multifamily LT 5
$300.8K
$263.2K – $351.0K
NOI $21,057 @ 7.0% cap · market cap 5.20%
Second Best
Apartment 5plus
$277.1K
$242.5K – $323.3K
NOI $19,397 @ 7.0% cap · market cap 4.79%
Theoretical Best
Warehouse
$1.83M
$1.60M – $2.13M
NOI $128,031 @ 7.0% cap · market cap 31.62%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
58
Businesses Nearby
Explore this area
Business Placement
Demographics for 29303, SC
26,793
Population
10,891
Households
2.5
Avg Household Size
33
Median Age
12%
College-Educated
76%
High-School Grad
32.4 sq mi
ZIP Area
827
Density / Sq Mi
$45,713
Median Household Income
$24,506
Median Earnings
$968
Median Rent
$143,600
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - A two-unit property with a private yard and no HOA or restrictive covenants.
Where is this duplex located?
The property is located at 171 Sandifer Road Spartanburg, SC.
What is the asking price?
The asking price for this property is $404,900.
What are key features of this property?
This property features: Two‑unit duplex with 2,356 square feet of building area; 0.49‑acre lot; Built in 2022
