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New Duplex with Private Garages
For Sale
$425,000

242-246 Brewton Road, Spartanburg, SC 29301

Two residences provide separate driveways, garages, kitchens, and laundry areas for flexible occupancy.

Property Size2,448 SF
Lot Size1.17 Acres
Price / SF$173.61
Days on Market221

Property Features for 242-246 Brewton Road

General Information

Standard status Active
Size 2,448 SF
Total Parking Spaces 2
Lot size 1.17 Acres
Property subtype Multi-Family / Duplex

Site & Location

Highway Access Yes
Road Access Yes

Units

Unit Mix 2 x 3BR/2BA
Multifamily Units 2
Parking per Unit 1

Taxes and HOA fees

Annual Taxes $623

Amenities

Electric
Electric, Heat Pump
Electric, Heat Punp
Architectural
1
Private
Vinyl Siding

Building Details

Year Built 2026
Buildings 1
Listing Agency: Mecs Homes Realty
Listed By: Aivars Mecs · License #19834
Source: Compass
Added: Mar 10 Changed: Oct 13 Last Checked: Oct 15 at 1:43AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Mecs Homes Realty

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Investment Insights

Based on property information with market context.

Completed in 2026, this 2,448-square-foot duplex offers two 1,224-square-foot residences on a 1.17-acre parcel. Each side includes three bedrooms, two bathrooms, a single-car garage, and its own paved driveway. Interior finishes include an open living and dining arrangement, a 10-foot vaulted living room ceiling, recessed lighting in the main living areas, stainless steel kitchen appliances, wide-plank LVP flooring, and a dedicated laundry area.

The property is located at 242-246 Brewton Road in Spartanburg’s westside/District 5 area, with access to Interstates 26 and 85, GSP Airport, BMW, and Greenville. Grocery stores and restaurants in Duncan are approximately 2–3 miles away. The residence configuration supports rental use or an owner-occupancy arrangement with one side leased.

Key Highlights

  • 2,448‑square‑foot duplex with two 1,224‑square‑foot residences
  • Each unit includes 3 bedrooms, 2 bathrooms, and a single‑car garage
  • Built in 2026 on a 1.17‑acre lot

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$21,879
Cap Rate
5.15%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$437,580 $437.6K
Cap Rate 7%
$312,557 $312.6K
Cap Rate 9%
$243,100 $243.1K
Market Conditions
NOI Build-Up for 2,448 SF
Gross rent
$32.9K $13.44/SF
− Vacancy
−$1.6K −$0.67/SF
EGI
$31.3K $12.77/SF
− OpEx
−$9.4K −$3.83/SF
NOI
$21.9K $8.94/SF
Area
Spartanburg County, SC
Vacancy
5.00%
Lease Rate
$13.44 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$437,580
Cap Rate 7%
$312,557
Cap Rate 9%
$243,100

Alternative Uses

Best Use
Multifamily LT 5
$312.6K
$273.5K – $364.7K (±1% cap)
NOI $21,879 @ 7.0% cap · market cap 5.15%
Second Best
Apartment 5plus
$287.9K
$251.9K – $335.9K (±1% cap)
NOI $20,154 @ 7.0% cap · market cap 4.74%
Theoretical Best
Warehouse
$1.90M
$1.66M – $2.22M (±1% cap)
NOI $133,031 @ 7.0% cap · market cap 31.30%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Law Firm Hair Salon HVAC Service Electrical Service Spa & Massage Center Storage Facility

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units
Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

35
Businesses Nearby

Demographics for 29301, SC

34,531
Population
16,020
Households
2.2
Avg Household Size
37
Median Age
27%
College-Educated
87%
High-School Grad
27.5 sq mi
ZIP Area
1,256
Density / Sq Mi
$56,606
Median Household Income
$37,761
Median Earnings
$1,126
Median Rent
$200,800
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025

Frequently Asked Questions

What type of property is this?
Duplex - Two residences provide separate driveways, garages, kitchens, and laundry areas for flexible occupancy.
Where is this duplex located?
The property is located at 242-246 Brewton Road Spartanburg, SC.
What is the asking price?
The asking price for this property is $425,000.
What are key features of this property?
This property features: 2,448‑square‑foot duplex with two 1,224‑square‑foot residences; Each unit includes 3 bedrooms, 2 bathrooms, and a single‑car garage; Built in 2026 on a 1.17‑acre lot
More about this property
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