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Tenant-Occupied Duplex
For Sale
$168,000

194 Palisade Street, Spartanburg, SC 29306

Multi-Family, Spartanburg, SC

Property SizeContact for details
Lot Size0.20 Acres
Days on Market12

Property Features for 194 Palisade Street

General Information

Property type Residential Multi Family
Property subtype Duplex
Bedrooms 4
Bathrooms 2
Full bathrooms 2
Rooms Bathroom 2, Bedroom 3, Bathroom 1, Bedroom 2, Bedroom 4, Bedroom 1
Elementary school Mary Wright
Middle school Carver
High school Spartanburg
Subdivision 033
Standard status Active
APN 7160624700
Lot size 0.20 Acres

Utilities

Heating system Electric (Heating), Forced Air
Cooling system Central Air, Heat Pump, Electric
Water source Public

Building Details

Year built 1950
Floors in Building 1
Number of units 2
Listing Agency: Century 21 Blackwell & Co. Rea · Century 21 Real Estate
Listed By: Justin Bailey · License #92204
Added: Aug 21 Last Checked: Sep 1 at 2:06AM
MLS# 1601668

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 1950, this duplex contains two residential units, each configured with two bedrooms, one bathroom, and hardwood flooring. Both units are occupied by established tenants, providing an existing rental profile. The property is being sold as is and includes electric forced-air heating, central air, heat pump cooling, and public water service.

The 0.2-acre property is located at 194 Palisade Street in Spartanburg, SC 29306, near downtown Spartanburg. Its residential layout, current occupancy, and established mechanical systems provide a clear basis for continued rental use.

Key Highlights

  • Two‑unit duplex with 2 bedrooms and 1 bathroom per unit
  • Both units are occupied by long‑term tenants
  • 0.2‑acre property at 194 Palisade Street, Spartanburg, SC 29306

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.

Lease Details

2
Residential units
100%
Occupancy

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
Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Both residences offer two bedrooms, one bathroom, and hardwood flooring.
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 2 bedrooms and 1 bathroom per unit; Both units are occupied by long‑term tenants; 0.2‑acre property at 194 Palisade Street, Spartanburg, SC 29306
More about this property
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