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Turnkey Duplex Investment Property

2056 Pineview Drive Spartanburg, SC 29307

Claim this Listing
For Sale
$245,000

MULTI_FAMILY - Spartanburg, SC

Property size:
1,944 SF
Lot size:
0.40 Acres
Price / SF:
$126.03/SF
Added:
May 27, 2026
Days on Market:
48
Last Refresh:
Jul 13 at 7:06 pm

Property Features for 2056 Pineview Drive

General Information

Property type
Residential Multi Family
Property subtype
Other
Zoning
County
Bedrooms
4
Bathrooms
2
Rooms
Bedroom 3, Bedroom 2, Bedroom 4, Bedroom 1
Parking features
Driveway
Standard status
Active
Size
1,944 SF
Lot size
0.40 Acres

Taxes and HOA fees

Tax Year
2025
Tax Annual Amount
2754

Utilities

Sewer type
Septic Tank
Heating system
Heat Pump (Heating), Ceiling
Cooling system
Heat Pump, Wall Unit(s), Wall/Window Unit(s)
Water source
Public

Building Details

Year built
1974
Floors in Building
1
Number of units
2
Roof type
Composition

Listing agent Claude Saleeby

Listing office The W Lewis White Co Inc 302 S Pine Street, Spartanburg, SC

Listing date May 27, 2026

MLS# 337601 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 turnkey duplex features two rental units. Each unit includes two bedrooms and one full bathroom, with central heat and air, a dishwasher, range, refrigerator, and storage. Washer and dryer connections are included in each unit, supporting convenient in-home laundry arrangements.

The property is located at 2056 Pineview Drive in Spartanburg, South Carolina. Public remarks indicate the address includes two duplexes: 2056–2058, and 2052–2054, which are on the same property. Both duplexes are tenant occupied with leases.

The duplexes can be sold together as two duplexes or separately as individual duplexes.

Key Highlights

  • Turnkey duplex at 2056–2058 Pineview Drive in Spartanburg, with both units tenant occupied and on leases
  • 2‑bedroom, 1‑bath layout in each unit with approximately 972 SF per side
  • Central heat and air plus wall/window A/C and heat pump heating; ceiling heating noted

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 $26.1k $13.44
− Vacancy −$1.3k −$0.67
EGI $24.8k $12.77
− OpEx −$7.4k −$3.83
NOI $17.4k $8.94
1,944 SF · lease $13.44/SF/yr · vacancy 5.00% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$248.2K
$217.2K – $289.6K (±1% cap)
NOI $17,375 @ 7.0% cap · market cap 7.09%
Second Best
Apartment 5plus
$228.6K
$200.1K – $266.8K (±1% cap)
NOI $16,005 @ 7.0% cap · market cap 6.53%
Theoretical Best
Warehouse
$1.51M
$1.32M – $1.76M (±1% cap)
NOI $105,642 @ 7.0% cap · market cap 43.12%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Building Supply Real Estate Agency Kitchen & Bath Showroom Storage Facility Carpet & Flooring Store Daycare Center Grocery & Convenience Store Food Market (Bike/Boat/Book/etc) Store Arcade & Gaming Center

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

FAQs

What type of property is this?
Duplex - Well-maintained duplex with two 2-bedroom units, each with central heat and air and in-unit washer/dryer hookups.
Where is this duplex located?
The property is located at 2056 Pineview Drive Spartanburg, SC.
What is the asking price?
The asking price for this property is $245,000.
What are key features of this property?
This property features: Turnkey duplex at 2056–2058 Pineview Drive in Spartanburg, with both units tenant occupied and on leases; 2‑bedroom, 1‑bath layout in each unit with approximately 972 SF per side; Central heat and air plus wall/window A/C and heat pump heating; ceiling heating noted
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