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Fully Leased Quadplex Near Converse University
New
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 Market1

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, Bedroom 5, Bedroom 3, Bathroom 3, Bedroom 2, Bathroom 4, Bathroom 6, Bedroom 4, Bedroom 1, Bedroom 6, Bathroom 1, Bathroom 2, Bathroom 5
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 Baseboard, Electric (Heating), Natural Gas
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 Last Checked: Aug 14 at 9:06PM
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.

This four-unit property combines a front residence with three additional rear apartments. The nearly 2,000-square-foot front home includes a covered porch, separate living and dining rooms, a large kitchen, three bedrooms, and two-and-a-half bathrooms. The rear portion consists of two one-bedroom, one-bath apartments and a loft-style one-bedroom, one-bath unit, each with its own entrance. All four units are currently leased.

Parking is provided by driveways at both the front and rear, with dedicated rear parking serving the three apartments. The 0.3-acre property is directly across from Converse University and is a short drive from downtown Spartanburg, Wofford College, shopping, dining, and major employers. Built in 1927, the property has public water, composition roofing, baseboard and electric or natural gas heating, and heat pump or electric cooling.

Key Highlights

  • Four‑unit property with all residences currently leased
  • Nearly 2,000 SF front home with 3 bedrooms and 2.5 bathrooms
  • Rear configuration includes two 1‑bedroom, 1‑bath apartments and one loft‑style 1‑bedroom, 1‑bath unit

Property Analytics

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
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

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
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Frequently Asked Questions

What type of property is this?
Quadplex - Four separately accessed residences with varied layouts, private entrances, and parking at the front and rear.
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; Nearly 2,000 SF front home with 3 bedrooms and 2.5 bathrooms; Rear configuration includes two 1‑bedroom, 1‑bath apartments and one loft‑style 1‑bedroom, 1‑bath unit
More about this property
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