Under-Construction
For Sale
$425,000
242/246 Brewton Road, Spartanburg, SC 29301
MULTIFAMILY, Spartanburg, SC
Property Size3,000 SF
Lot Size1.12 Acres
Price / SF$141.67
Days on Market151
Property Features for 242/246 Brewton Road
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Property condition
Under Construction
Bedrooms
6
Bathrooms
4
Full bathrooms
4
Rooms
Bedroom 6, Bedroom 5, Bedroom 1, Bedroom 4, Bedroom 3, Bedroom 2
Parking features
Driveway, Garage
Elementary school
5-Berry Shoals
Middle school
5-Florence Chapel
High school
5-Byrnes High
Elementary school district
5 Sptbg Co
Middle school district
5 Sptbg Co
High school district
5 Sptbg Co
Directions
Reidville Rd. turn right on Nazareth Church Rd. turn right on Brewton Rd. Property on the right. Duplex on the right.
Subdivision
Spartanburg
Standard status
Active
Size
3,000 SF
Lot size
1.12 Acres
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
623
Utilities
Sewer type
Septic Tank
Heating system
Heat Pump (Heating)
Cooling system
Heat Pump
Water source
Public
Building Details
Year built
2026
Floors in Building
1
Number of units
2
Listing Agency:
Mecs Homes Realty
(864) 909-2336
Listed By:
Aivars Mecs · License #19834
(864) 752-0888
Added: May 9
Changed: Sep 12
Last Checked: Oct 6 at 7:06AM
MLS# 336940
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 duplex is under construction at 242/246 Brewton Road in Spartanburg. Each of the two units is planned with three bedrooms, two bathrooms, a single-car garage, and a separate paved driveway. Interior details include an open living and dining arrangement, a 10-foot vaulted living room ceiling, recessed lighting in the main living areas, and wide-plank LVP flooring. Kitchens are equipped with stainless steel oven/ranges, overhead microwaves, dishwashers, and refrigerators. Each residence also has a dedicated laundry area.
The property is served by public water and a septic tank, with heat-pump heating and cooling. Its westside location provides access to Interstates 26 and 85, GSP Airport, BMW, Greenville, and grocery and restaurant options in Duncan, approximately 2–3 miles away. The planned completion year is 2026.
The property is served by public water and a septic tank, with heat-pump heating and cooling. Its westside location provides access to Interstates 26 and 85, GSP Airport, BMW, Greenville, and grocery and restaurant options in Duncan, approximately 2–3 miles away. The planned completion year is 2026.
Key Highlights
- Two‑unit duplex under construction with planned completion in 2026
- Each unit includes 3 bedrooms and 2 bathrooms
- Single‑car garage and paved driveway assigned to each unit
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$26,813
Cap Rate
6.31%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$536,260
$536.3K
Cap Rate 7%
$383,043
$383.0K
Cap Rate 9%
$297,922
$297.9K
Market Conditions
NOI Build-Up for 3,000 SF
Gross rent
$40.3K $13.44/SF
− Vacancy
−$2.0K −$0.67/SF
EGI
$38.3K $12.77/SF
− OpEx
−$11.5K −$3.83/SF
NOI
$26.8K $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%
$536,260
Cap Rate 7%
$383,043
Cap Rate 9%
$297,922
Alternative Uses
Best Use
Multifamily LT 5
$383.0K
$335.2K – $446.9K
NOI $26,813 @ 7.0% cap · market cap 6.31%
Second Best
Apartment 5plus
$352.8K
$308.7K – $411.7K
NOI $24,699 @ 7.0% cap · market cap 5.81%
Theoretical Best
Warehouse
$2.33M
$2.04M – $2.72M
NOI $163,028 @ 7.0% cap · market cap 38.36%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
2
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
35
Businesses Nearby
Explore this area
Business Placement
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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in South region
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Frequently Asked Questions
What type of property is this?
Duplex - Two units feature three bedrooms, two bathrooms, private garages, paved driveways, and dedicated laundry areas.
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: Two‑unit duplex under construction with planned completion in 2026; Each unit includes 3 bedrooms and 2 bathrooms; Single‑car garage and paved driveway assigned to each unit
