Well-Maintained Duplex
200 Rosecrest Road Spartanburg, SC 29303
200 Rosecrest Road, Spartanburg, SC, 29303
$265,000
For Sale
$265,000
MULTI_FAMILY - Spartanburg, SC
Property Size1,782 SF
Price / SF$148.71
Days on Market203
Property Features for 200 Rosecrest Road
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 4
- Bathrooms
- 2
- Rooms
- Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4
- Parking features
- Carport
- Standard status
- Active
- Size
- 1,782 SF
Taxes and HOA fees
- Tax Year
- 2024
- Tax Annual Amount
- 4685
Utilities
- Sewer type
- Public Sewer
- Heating system
- Heat Pump (Heating)
- Cooling system
- Central Air
- Water source
- Public
Building Details
- Floors in Building
- 1
- Number of units
- 2
- Roof type
- Composition
Listing Agency
Keller Williams Realty
(864) 574-6000
1707 John B White Sr Blvd, Spartanburg, SC
Listed by
Arabella Hanna · License #144845
(864) 590-7887
Added: Dec 30, 2025 Updated: Jun 4 at 2:13 am Checked: Jul 21 at 1:06 am
MLS# 332142
Listing URL
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.
Investment Insights
Based on property information with market context.
This well-maintained duplex is set up as a dependable income property with two identical living options: each unit includes 2 bedrooms and 1 full bathroom. The crawlspace has been professionally waterproofed, which is a meaningful improvement for long-term durability and peace of mind. Unit A is heated with an oil furnace, while Unit B uses a heat pump, giving the property two different heating systems.
The home sits on almost 1.5 acres and includes a large adjacent lot that may support future growth. The additional land provides potential for expansion, additional development, or increased value over time, subject to buyer verification of use. The property is located in an established area of Spartanburg.
For investors, this duplex can fit a buy-and-hold rental strategy or a house-hack approach, depending on your occupancy goals. The combination of a clear two-unit layout and documented crawlspace waterproofing supports straightforward underwriting, while the extra lot offers an opportunity to create further value. Buyers seeking a residential income property with practical upgrades and potential upside will want to review the expansion possibilities during due diligence.
The home sits on almost 1.5 acres and includes a large adjacent lot that may support future growth. The additional land provides potential for expansion, additional development, or increased value over time, subject to buyer verification of use. The property is located in an established area of Spartanburg.
For investors, this duplex can fit a buy-and-hold rental strategy or a house-hack approach, depending on your occupancy goals. The combination of a clear two-unit layout and documented crawlspace waterproofing supports straightforward underwriting, while the extra lot offers an opportunity to create further value. Buyers seeking a residential income property with practical upgrades and potential upside will want to review the expansion possibilities during due diligence.
Key Highlights
- Duplex with two units, each offering 2 bedrooms and 1 full bathroom
- Sits on almost 1.5 acres, plus a large adjacent lot for potential expansion or additional development (buyer to verify use)
- Professionally waterproofed crawlspace
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $24.0k | $13.44 |
| − Vacancy | −$1.2k | −$0.67 |
| EGI | $22.8k | $12.77 |
| − OpEx | −$6.8k | −$3.83 |
| NOI | $15.9k | $8.94 |
1,782 SF · lease $13.44/SF/yr · vacancy 5.00% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$227.5K
$199.1K – $265.5K
NOI $15,927 @ 7.0% cap · market cap 6.01%
Second Best
Apartment 5plus
$209.6K
$183.4K – $244.5K
NOI $14,671 @ 7.0% cap · market cap 5.54%
Theoretical Best
Warehouse
$1.38M
$1.21M – $1.61M
NOI $96,838 @ 7.0% cap · market cap 36.54%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
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FAQs
What type of property is this?
Duplex - Two-unit duplex with flexible heating options and a waterproofed crawlspace on a large adjacent lot.
Where is this duplex located?
The property is located at 200 Rosecrest Road Spartanburg, SC.
What is the asking price?
The asking price for this property is $265,000.
What are key features of this property?
This property features: Duplex with two units, each offering 2 bedrooms and 1 full bathroom; Sits on almost 1.5 acres, plus a large adjacent lot for potential expansion or additional development (buyer to verify use); Professionally waterproofed crawlspace
