211 California Avenue, Spartanburg, SC 29303
MULTI_FAMILY - Spartanburg, SC
- Added:
- Apr 24, 2026
- Days on Market:
- 50
- Last Refresh:
- Jun 12 at 11:06 pm
Property Features for 211 California Avenue
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 8
- Bathrooms
- 8
- Rooms
- Bedroom 7, Bedroom 5, Bedroom 1, Bedroom 3, Bedroom 6, Bedroom 8, Bedroom 4, Bedroom 2
- Parking features
- Off Street
- Standard status
- Active
- Size
- 1,500 SF
- Lot size
- 0.17 Acres
Taxes and HOA fees
- Tax Year
- 2024
- Tax Annual Amount
- 2613
Utilities
- Sewer type
- Public Sewer
- Heating system
- Heat Pump (Heating)
- Cooling system
- Central Air
- Water source
- Public
Building Details
- Floors in Building
- 2
- Number of units
- 2
- Roof type
- Composition
Listing agent Allen Williams License #103166 (864) 376-2955
Listing office NorthGroup Real Estate 148 Milestone Way STE D, Greenville, SC (864) 777-3021
Listing date Apr 24, 2026
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.
HighLights
- Currently generating $1,800/month in rental income.
- Excellent location near Downtown Spartanburg, hospitals, stadium, colleges, shopping, dining, and major roadways.
- Strong potential for increased rental income.
- Suitable for investors or owner‑occupants (live in one unit, rent the other).
- Motivated sellers may offer concessions.
- Central air conditioning.
Overview
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 | $20.2k | $13.44 |
| − Vacancy | −$1.0k | −$0.67 |
| EGI | $19.2k | $12.77 |
| − OpEx | −$5.7k | −$3.83 |
| NOI | $13.4k | $8.94 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Spartanburg
- County
- Spartanburg
- State
- South Carolina
- Longitude
- -81.936575
- Latitude
- 34.975819
