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Fully Leased Quadplex
For Sale
$375,000

181 N Fairview Avenue, Spartanburg, SC 29302

Multi-Family, Spartanburg, SC

Property SizeContact for details
Lot Size0.30 Acres
Days on Market63
Rey
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Property Features for 181 N Fairview Avenue

General Information

Property type Residential Multi Family
Property subtype Triplex
Bedrooms 6
Bathrooms 6
Full bathrooms 5
Half bathrooms 1
Rooms Basement, Bathroom 3, Bathroom 4, Bathroom 5, Bedroom 3, Bathroom 1, Bathroom 6, Bedroom 2, Bedroom 6, Bedroom 5, Bedroom 1, Bathroom 2, Bedroom 4
Parking features Driveway
Elementary school Drayton Mills
Middle school McCraken
High school Spartanburg
Subdivision 033
Standard status Active
APN 7-12-08-036.00
Lot size 0.30 Acres

Utilities

Heating system Natural Gas, Baseboard, Electric (Heating)
Cooling system Heat Pump, Electric
Water source Public

Building Details

Year built 1927
Floors in Building 2
Number of units 4
Roof type Composition
Listing Agency: Prime Realty, LLC
Listed By: W. Ashley Lewis · License #80604
Added: Aug 14 Changed: Oct 13 Last Checked: Oct 15 at 5:06PM
MLS# 1600898

Copyright © 2026 Greater Greenville Association of Realtors. 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.

Built in 1927, this four-unit residential income property sits on 0.3 acres and combines a front home with three rear apartments. The approximately 2,000-square-foot front residence includes three bedrooms, two-and-a-half bathrooms, separate living and dining rooms, a spacious kitchen, and a front porch. The rear portion contains two one-bedroom, one-bathroom apartments plus a one-bedroom, one-bathroom loft-style unit. Each residence has a private entrance, while driveway parking is positioned at both the front and rear. All four units are currently leased.

The property is directly across from Converse University and is minutes from downtown Spartanburg, Wofford College, shopping, dining, and major employers. Public water serves the property. Heating includes natural gas, electric, and baseboard systems, with electric cooling and heat pump service. The roof is composition.

Key Highlights

  • Four‑unit property with all residences currently leased
  • Front home includes 3 bedrooms, 2.5 bathrooms, and approximately 2,000 SF
  • Rear units include two 1‑bedroom, 1‑bathroom apartments and one loft‑style 1‑bedroom, 1‑bathroom unit

Property Analytics

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Current Use

Quadplexes

Suggested Use

Top Pick HVAC Service (Bike/Boat/Book/etc) Store Furniture & Home Goods Storage Facility Locksmith Pharmacy

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

4
Residential units
100%
Occupancy
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

1,017
Businesses Nearby

Demographics for 29302, SC

17,356
Population
8,169
Households
2.1
Avg Household Size
42
Median Age
41%
College-Educated
92%
High-School Grad
50.7 sq mi
ZIP Area
342
Density / Sq Mi
$77,428
Median Household Income
$44,476
Median Earnings
$1,031
Median Rent
$264,000
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

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025

Frequently Asked Questions

What type of property is this?
Quadplex - Four separately entered residences with front and rear driveway parking are currently leased.
Where is this quadplex located?
The property is located at 181 N Fairview Avenue Spartanburg, SC.
What is the asking price?
The asking price for this property is $375,000.
What are key features of this property?
This property features: Four‑unit property with all residences currently leased; Front home includes 3 bedrooms, 2.5 bathrooms, and approximately 2,000 SF; Rear units include two 1‑bedroom, 1‑bathroom apartments and one loft‑style 1‑bedroom, 1‑bathroom unit
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