Triplex with Recent
For Sale
$298,000
215 Grace Street, Greenwood, SC 29649
MULTI_FAMILY - Greenwood, SC
Property Size3,200 SF
Price / SF$93.13
Days on Market209
Property Features for 215 Grace Street
General Information
Property type
Residential Multi Family
Property subtype
Other
Bedrooms
4
Bathrooms
3
Full bathrooms
3
Rooms
Bedroom 4, Bedroom 2, Bathroom 1, Bathroom 2, Bedroom 1, Bathroom 3, Bedroom 3
Subdivision
NOT IN SUBDIVIS
Standard status
Active
Size
3,200 SF
Utilities
Utilities
Natural Gas Available
Cooling system
Electric
Building Details
Year built
1900
Floors in Building
2
Number of units
3
Listing Agency:
RE/MAX ACTION REALTY · RE/MAX International
(864) 942-0021
Listed By:
J.R. McCravy · License #108451
(864) 554-3807
Added: Jan 8
Changed: Aug 1
Last Checked: Aug 5 at 2:06PM
MLS# 135055
Copyright © 2026 Greenwood 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.
Located at 215 Grace Street in Greenwood, this triplex offers three units and a recently refreshed interior. The property is approximately 3,200 SF and was built in 1900, with ongoing updates and repairs completed across the building. Recent improvements include a new roof, new water heaters, and some siding replacement, along with additional updates noted with the remodeling.
The home is cooled with electric systems, and natural gas is available for utility planning. The room layout lists four bedrooms and three bathrooms, supporting flexible living arrangements within the building.
Positioned in the Grace St. district, the property is described as providing quick access to Uptown Greenwood, with walkable proximity to the area’s offerings. Off-street parking is also part of the appeal for tenants and guests.
The home is cooled with electric systems, and natural gas is available for utility planning. The room layout lists four bedrooms and three bathrooms, supporting flexible living arrangements within the building.
Positioned in the Grace St. district, the property is described as providing quick access to Uptown Greenwood, with walkable proximity to the area’s offerings. Off-street parking is also part of the appeal for tenants and guests.
Key Highlights
- Three‑unit triplex with recent remodeling across all units
- Approximately 3,200 SF triplex; built in 1900
- New roof and new water heaters recently installed
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 | $32.6k | $10.20 |
| − Vacancy | −$10.1k | −$3.15 |
| EGI | $22.6k | $7.05 |
| − OpEx | −$6.8k | −$2.11 |
| NOI | $15.8k | $4.93 |
3,200 SF · lease $10.20/SF/yr · vacancy 30.90% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$225.5K
$197.4K – $263.1K
NOI $15,788 @ 7.0% cap · market cap 5.30%
Second Best
Apartment 5plus
$156.9K
$137.3K – $183.0K
NOI $10,981 @ 7.0% cap · market cap 3.68%
Theoretical Best
Office A
$1.01M
$879.6K – $1.17M
NOI $70,367 @ 7.0% cap · market cap 23.61%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
796
Businesses Nearby
Explore this area
Business Placement
Demographics for 29649, SC
27,485
Population
11,966
Households
2.3
Avg Household Size
38
Median Age
35%
College-Educated
93%
High-School Grad
53.6 sq mi
ZIP Area
513
Density / Sq Mi
$56,268
Median Household Income
$37,221
Median Earnings
$937
Median Rent
$207,700
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Triplex - Triplex with three remodeled units, on-site parking, and recent roof and water-heater upgrades.
Where is this triplex located?
The property is located at 215 Grace Street Greenwood, SC.
What is the asking price?
The asking price for this property is $298,000.
What are key features of this property?
This property features: Three‑unit triplex with recent remodeling across all units; Approximately 3,200 SF triplex; built in 1900; New roof and new water heaters recently installed
