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Three-Unit Rental Property

2044 Garnet Lane Aiken, SC 29803

2044 Garnet Lane, Aiken, SC, 29803
$339,900
For Sale
$339,900

MULTI_FAMILY - Aiken, SC

Property Size3,553 SF
Lot Size1.20 Acres
Price / SF$95.67
Days on Market228

Property Features for 2044 Garnet Lane

General Information

Property type
Residential Multi Family
Property subtype
Triplex
Zoning
UD
Bedrooms
6
Bathrooms
5
Rooms
Bedroom 4, Bathroom 5, Bedroom 1, Bathroom 4, Bedroom 6, Bathroom 3, Bathroom 2, Bedroom 5, Bathroom 1, Bedroom 3, Bedroom 2
Parking features
Paved or Surfaced
Standard status
Active
APN
106602010
Size
3,553 SF
Lot size
1.20 Acres

Taxes and HOA fees

Tax Year
2025
Tax Description
TRACT A NE/SD OF HAMILOTON DR

Utilities

Sewer type
Septic Tank
Heating system
Forced Air, Electric (Heating)
Cooling system
Central Air
Water source
Public

Building Details

Year built
1978
Floors in Building
1
Number of units
3
Building materials
Vinyl Siding
Roof type
Composition
Listing agency Meybohm Real Estate - Aiken
Listed by Team Vikki & Brandi - Aikenhomes
Added: Dec 5, 2025 Updated: Jul 18 at 7:22AM Checked: Jul 21 at 8:06PM
MLS# 98254148

Copyright © 2026 Hive MLS. 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 UD-zoned Southside Aiken income property offers three independent rental units on a 1.2-acre lot. Two units are currently occupied, providing existing rental revenue. The largest unit is a 3-bedroom, 2-bath residence that was remodeled approximately four years ago and is ready for a new tenant or potential owner-occupant use. The homes are positioned off the main roadway in a tucked-away setting with open space and ample parking for residents. Please respect tenant privacy and do not disturb current residents.

Located at 2044 Garnet Lane in Aiken, SC 29803, the property is convenient to shopping, dining, medical facilities, and major commuter routes in Southside Aiken.

Configured as a three-unit, multi-family rental, the property supports a range of rental strategies under flexible UD zoning.

Key Highlights

  • UD‑zoned Southside Aiken investment property with three independent rental units
  • Two units are currently occupied, providing in‑place rental revenue
  • Largest unit is a remodeled 3‑bedroom, 2‑bath residence (remodeled approximately four years ago)

Local Financial Insights For Apartment 5plus

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 $54.6k $15.36
− Vacancy −$3.4k −$0.97
EGI $51.1k $14.39
− OpEx −$23.0k −$6.48
NOI $28.1k $7.92
3,553 SF · lease $15.36/SF/yr · vacancy 6.30% · expense 45.00%

Alternative Uses

Best Use
Multifamily LT 5
$461.0K
$403.4K – $537.8K (±1% cap)
NOI $32,270 @ 7.0% cap · market cap 9.49%
Second Best
Apartment 5plus
$401.8K
$351.6K – $468.8K (±1% cap)
NOI $28,125 @ 7.0% cap · market cap 8.27%
Theoretical Best
Office A
$684.9K
$599.3K – $799.0K (±1% cap)
NOI $47,940 @ 7.0% cap · market cap 14.10%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Triplexes

Suggested Use

Law Firm Building Supply Big Box & Wholesale Store Storage Facility HVAC Service Parking Lot & Garage Electrical Service Kitchen & Bath Showroom Auto Repair Shop Computer & Electronic Repair

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

FAQs

What type of property is this?
Triplex - Three independent rental units with two currently occupied, and the largest 3-bed/2-bath home remodeled about four years ago.
Where is this triplex located?
The property is located at 2044 Garnet Lane Aiken, SC.
What is the asking price?
The asking price for this property is $339,900.
What are key features of this property?
This property features: UD‑zoned Southside Aiken investment property with three independent rental units; Two units are currently occupied, providing in‑place rental revenue; Largest unit is a remodeled 3‑bedroom, 2‑bath residence (remodeled approximately four years ago)
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