Duplex with Attached
New
For Sale
$425,000
242/246 Brewton Road, Spartanburg, SC 29301
Two separate residences provide individual driveways, laundry areas, and open living and dining spaces.
Property Size3,000 SF
Lot Size1.17 Acres
Price / SF$141.67
Days on Market2
Property Features for 242/246 Brewton Road
General Information
Standard status
Active
Size
3,000 SF
Total Parking Spaces
2
Lot size
1.17 Acres
Property subtype
Multi-Family
Units
Unit Mix
2 x 3BR/2BA
Multifamily Units
2
Additional Details
Highway Access
Yes
Taxes and HOA fees
Annual Taxes
$623
Amenities
stainless steel appliances
vaulted ceiling
recessed lighting
LVP flooring
dedicated laundry area
Public
137x379x138x364
1.12
Slab
3000
Building Details
Year Built
2026
Buildings
1
Stories
1
Listing Agency:
BHHS C. Dan Joyner, REALTORS
(864) 622-1234
Listed By:
Aaron Pastor
(864) 884-4488
Source:
Cdanjoyner
Added: Oct 23
Last Checked: Oct 23 at 4:15PM
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 BHHS C. Dan Joyner, REALTORS
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Investment Insights
Based on property information with market context.
Built in 2026, this duplex contains two residences, each with 3 bedrooms, 2 bathrooms, and a single-car garage. Both units have individual paved driveways and dedicated laundry areas. Inside, vaulted 10-foot living room ceilings, recessed lighting, and wide-plank LVP flooring define the main living spaces. Each kitchen is equipped with a range, microwave, dishwasher, and refrigerator, with an adjoining open dining area.
The property is at 242/246 Brewton Road in Spartanburg. Interstates 26 and 85, GSP Airport, BMW, and Greenville are noted as nearby destinations; grocery stores and restaurants in Duncan are approximately 2–3 miles away.
The property is at 242/246 Brewton Road in Spartanburg. Interstates 26 and 85, GSP Airport, BMW, and Greenville are noted as nearby destinations; grocery stores and restaurants in Duncan are approximately 2–3 miles away.
Key Highlights
- Duplex built in 2026
- Two units, each with 3 bedrooms and 2 bathrooms
- Each residence includes a single‑car garage and its own paved driveway
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.
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Property Analytics
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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
Frequently Asked Questions
What type of property is this?
Duplex - Two separate residences provide individual driveways, laundry areas, and open living and dining spaces.
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: Duplex built in 2026; Two units, each with 3 bedrooms and 2 bathrooms; Each residence includes a single‑car garage and its own paved driveway
