Residential Income Home with Basement
2011 Forest Drive Seneca, SC 29672
2011 Forest Drive, Seneca, SC, 29672
$269,900
For Sale
$269,900
MULTI_FAMILY - Other - Seneca, SC
Property Size2,369 SF
Lot Size0.35 Acres
Price / SF$113.93
Days on Market42
Property Features for 2011 Forest Drive
General Information
- Property type
- Residential Multi Family
- Property subtype
- Duplex
- Rooms
- Basement
- Standard status
- Active
- APN
- 210-02-02-029
- Size
- 2,369 SF
- Lot size
- 0.35 Acres
Utilities
- Sewer type
- Septic Tank
- Heating system
- Heat Pump (Heating), Central, Electric (Heating)
- Cooling system
- Heat Pump, Central Air, Electric
- Water source
- Public
Building Details
- Year built
- 1975
- Floors in Building
- 1
- Building materials
- Brick
- Roof type
- Shingle
- Architectural style
- Other
Listing agency
Keller Williams Seneca
(864) 482-2700
Listed by
Daniel Delmarco · License #70421
(864) 710-4211
Added: Jun 10 Updated: Jul 21 at 3:14PM Checked: Jul 21 at 7:06PM
MLS# 20302551
Copyright © 2026 Western Upstate 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 residential income property features a main level with three bedrooms and 1.5 baths, along with a living room, dining area, kitchen, and a breakfast nook. The basement includes an additional bedroom, a full bath, a large open living/dining area, and another full kitchen. Interior updates include freshly painted walls, new granite countertops, and new LVP flooring on the main level.
The home has two electric meters, and there is a separate driveway and entrance to the basement if needed. The roof was replaced with a new architectural roof in 2017, with a transferable warranty.
With this layout, the property can support multi-generational living or rental use for the lower level while maintaining an independent access setup for the basement portion.
The home has two electric meters, and there is a separate driveway and entrance to the basement if needed. The roof was replaced with a new architectural roof in 2017, with a transferable warranty.
With this layout, the property can support multi-generational living or rental use for the lower level while maintaining an independent access setup for the basement portion.
Key Highlights
- 4‑bedroom, 2.5‑bath home with 3 bedrooms and 1.5 baths on the main level
- Basement offers an additional bedroom, full bath, large open living/dining area, and a full kitchen
- Includes two electric meters and a separate driveway with basement entrance for in‑law suite or rental use
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 | $32.7k | $13.80 |
| − Vacancy | −$1.8k | −$0.76 |
| EGI | $30.9k | $13.04 |
| − OpEx | −$9.3k | −$3.91 |
| NOI | $21.6k | $9.13 |
2,369 SF · lease $13.80/SF/yr · vacancy 5.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$308.9K
$270.3K – $360.4K
NOI $21,626 @ 7.0% cap · market cap 8.01%
Second Best
Apartment 5plus
$277.4K
$242.7K – $323.6K
NOI $19,417 @ 7.0% cap · market cap 7.19%
Theoretical Best
Office A
$594.7K
$520.4K – $693.8K
NOI $41,628 @ 7.0% cap · market cap 15.42%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Duplex - Main level offers 3 bedrooms and 1.5 baths, with an additional basement bedroom, full bath, and kitchen.
Where is this duplex located?
The property is located at 2011 Forest Drive Seneca, SC.
What is the asking price?
The asking price for this property is $269,900.
What are key features of this property?
This property features: 4‑bedroom, 2.5‑bath home with 3 bedrooms and 1.5 baths on the main level; Basement offers an additional bedroom, full bath, large open living/dining area, and a full kitchen; Includes two electric meters and a separate driveway with basement entrance for in‑law suite or rental use
