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Tenant-Occupied Two-Unit Duplex
For Sale
$168,000

194 Palisade Street, Spartanburg, SC 29306

Both residences feature hardwood floors and established occupancy near downtown Spartanburg.

Property Size1,950 SF
Days on Market11

Property Features for 194 Palisade Street

General Information

Standard status Active
Size 1,950 SF
Property subtype Duplex

Amenities

Acres: 0.2, Area: 8712, Square Feet: 8712
Roof: Architectural
Door Features: Unit 1: Some Storm Door(s), Unit 2: Some Storm Door(s)
Sewer: Public Sewer
Tax Annual Amount: $1,551
Cooling Included, Cooling: Central Forced, Electric, Heat Pump
Heating Included, Heating: Electric, Forced Air, Heat Pump
Contract Status Change Date: 2026-08-21, Listing Terms: None, Standard Status: Active
Parking Features: Two Spaces
Elementary School: Mary Wright, Middle Or Junior School: Carver, High School: Spartanburg
Window Features: Unit 1: Some Storm Window(s), Unit 2: Some Storm Window(s)
4 total bedrooms
Built in 1950, Construction Materials: Aluminum Siding, Brick Veneer, Levels: One, Stories: 1
City: Spartanburg, County Or Parish: Spartanburg, MLS Area Major: 033, Postal Code: 29306, State Or Province: SC, Subdivision Name: None
Number Of Units Total: 2, Parcel Number: 7160624700, Property Condition: 50+, Property Sub Type: Duplex
2 full bathrooms, 2 total bathrooms
Water Source: Public
Foundation Details: Crawl Space
Appliances: Electric Water Heater

Building Details

Building Size 1,950 SF
Year Built 1950
Listing Agency: Century 21 Blackwell & Co. Rea
Listed By: Justin A Bailey
Source: Blackstreaminternational
Added: Aug 22 Changed: Aug 31 Last Checked: Aug 31 at 2:54PM

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 Century 21 Blackwell & Co. Rea

Investment Insights

Based on property information with market context.

Built in 1950, this two-unit residential property is configured as a duplex with established occupants in both residences. Each unit includes two bedrooms, one bathroom, and hardwood flooring, providing a consistent layout across the property.

The property is located near downtown Spartanburg at 194 Palisade Street. Both units are tenant occupied, supporting ongoing rental use, and the sale is offered in as-is condition.

Key Highlights

  • Two‑unit duplex with both residences tenant occupied
  • Each unit includes 2 bedrooms and 1 bathroom
  • Hardwood flooring in both units

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Dental Office Law Firm Building Supply HVAC Service Parking Lot & Garage

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

Location Intelligence

Trade Area within ½ mile

226
Businesses Nearby

Demographics for 29306, SC

16,822
Population
7,618
Households
2.2
Avg Household Size
36
Median Age
21%
College-Educated
83%
High-School Grad
19.5 sq mi
ZIP Area
863
Density / Sq Mi
$38,858
Median Household Income
$30,629
Median Earnings
$913
Median Rent
$159,100
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?
Duplex - Both residences feature hardwood floors and established occupancy near downtown Spartanburg.
Where is this duplex located?
The property is located at 194 Palisade Street Spartanburg, SC.
What is the asking price?
The asking price for this property is $168,000.
What are key features of this property?
This property features: Two‑unit duplex with both residences tenant occupied; Each unit includes 2 bedrooms and 1 bathroom; Hardwood flooring in both units
More about this property
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