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    Spartanburg Multifamily Investment Opportunity

    203 Caulder Circle Spartanburg, SC 29306

    Claim this Listing
    For Sale
    $294,000

    MULTI_FAMILY - Spartanburg, SC

    Property size:
    5,970 SF
    Lot size:
    0.53 Acres
    Price / SF:
    $49.25/SF
    Added:
    Mar 12, 2026
    Days on Market:
    124
    Last Refresh:
    Jul 13 at 7:06 pm

    Property Features for 203 Caulder Circle

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Size
    5,970 SF
    Lot size
    0.53 Acres

    Taxes and HOA fees

    Tax Year
    2024
    Tax Annual Amount
    1094

    Utilities

    Sewer type
    Public Sewer
    Heating system
    None (Heating)
    Cooling system
    None (Cooling)
    Water source
    Public

    Building Details

    Floors in Building
    1
    Roof type
    Composition

    Listing agent Robert Turchetta License #66635

    Listing office Brand Name Real Estate Upstate 4 Carriage Lane, Suite 106, Charleston, SC

    Listing date Mar 12, 2026

    MLS# 334564 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 partially renovated building in Spartanburg, SC, presents a high-upside, value-add investment opportunity. The property, suitable for conversion into up to 7 income-producing rental units, also includes space for a laundry center and rentable storage. Major structural improvements, including updated roof rafters and flooring systems, have already been completed. The building features 11-foot ceilings. The property size is 5970 square feet, situated on a 0.53-acre lot. Located close to employment and recreation, the property offers various options, including BRRRR strategy, long-term hold, and short-term rental. The property is positioned to be completed as up to 7 income-producing rental units, a laundry center, and rentable storage space, giving investors the opportunity to create a strong cash-flowing asset.

    Key Highlights

    • High‑upside value‑add investment opportunity with potential for significant equity creation through a 7‑unit conversion.
    • Partially renovated building shell with completed major structural improvements (updated roof rafters and flooring systems) reduces early‑stage construction risk and cost.
    • Potential to create a strong cash‑flowing asset with 7 income‑producing rental units, laundry center, and rentable storage space.

    Property Analytics

    Property Profile Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Real Estate Agency Dental Office Restaurant Law Firm Parking Lot & Garage Big Box & Wholesale Store Auto Parts Store HVAC Service Pharmacy Gym & Fitness Center

    Zoning and permitted uses should be independently verified with local authorities.

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    FAQs

    What type of property is this?
    Apartment building - Value-add investment: partially renovated building for up to 7 units.
    Where is this apartment building located?
    The property is located at 203 Caulder Circle Spartanburg, SC.
    What is the asking price?
    The asking price for this property is $294,000.
    What are key features of this property?
    This property features: High‑upside value‑add investment opportunity with potential for significant equity creation through a 7‑unit conversion.; Partially renovated building shell with completed major structural improvements (updated roof rafters and flooring systems) reduces early‑stage construction risk and cost.; Potential to create a strong cash‑flowing asset with 7 income‑producing rental units, laundry center, and rentable storage space.
    Contact an agent
    (864) 909-6991
    We can help!
    Contact an agent
    Robert Turchetta
    Real Estate License ID: 66635
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