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Two-Unit Duplex with Garages
For Sale
$389,950

250 York St, Chesnee, SC 29323

Built in 2022, the property offers two occupied residential units with private one-car garages.

Property Size2,598 SF
Price / SF$150.10
Days on Market57

Property Features for 250 York St

General Information

Standard status Active
Size 2,598 SF
Total Parking Spaces 2
Property subtype Multi-Family
Occupancy 100%

Units

Unit Mix 2 x 3BR/2BA
Multifamily Units 2

Building Details

Year Built 2022
Tenancy Multi
Listing Agency: Shulikov Realty & Associates
Listed By: Anatoly (Nathan) Shulikov, Tatyana Shulikov · License #63655
Source: Greenvilleheartproperties
Added: Aug 18 Changed: Oct 8 Last Checked: Oct 7 at 5:41PM

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 Shulikov Realty & Associates

Investment Insights

Based on property information with market context.

This duplex contains 2,598 square feet across two residential units, each configured with 3 bedrooms, 2 full bathrooms, and a one-car garage. Completed in 2022, the property provides a relatively recent construction profile and a consistent layout between units.

Both residences are occupied by tenants, supporting an existing rental arrangement at the time of sale. The property is located at 250 York St in Chesnee, South Carolina, within walking distance of downtown.

Key Highlights

  • Two‑unit duplex totaling 2,598 square feet
  • Each unit includes 3 bedrooms and 2 full bathrooms
  • One‑car garage assigned to each unit

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$23,220
Cap Rate
5.95%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$464,400 $464.4K
Cap Rate 7%
$331,714 $331.7K
Cap Rate 9%
$258,000 $258.0K
Market Conditions
NOI Build-Up for 2,598 SF
Gross rent
$34.9K $13.44/SF
− Vacancy
−$1.7K −$0.67/SF
EGI
$33.2K $12.77/SF
− OpEx
−$10.0K −$3.83/SF
NOI
$23.2K $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%
$464,400
Cap Rate 7%
$331,714
Cap Rate 9%
$258,000

Alternative Uses

Best Use
Multifamily LT 5
$331.7K
$290.3K – $387.0K (±1% cap)
NOI $23,220 @ 7.0% cap · market cap 5.95%
Second Best
Apartment 5plus
$305.6K
$267.4K – $356.5K (±1% cap)
NOI $21,389 @ 7.0% cap · market cap 5.49%
Theoretical Best
Warehouse
$2.02M
$1.76M – $2.35M (±1% cap)
NOI $141,182 @ 7.0% cap · market cap 36.21%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Law Firm Dental Office Electrical Service Furniture & Home Goods Grocery & Convenience Store 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
100%
Occupancy
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

240
Businesses Nearby

Demographics for 29323, SC

16,488
Population
6,266
Households
2.6
Avg Household Size
41
Median Age
18%
College-Educated
92%
High-School Grad
71.0 sq mi
ZIP Area
232
Density / Sq Mi
$59,753
Median Household Income
$41,223
Median Earnings
$838
Median Rent
$187,700
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Built in 2022, the property offers two occupied residential units with private one-car garages.
Where is this duplex located?
The property is located at 250 York St Chesnee, SC.
What is the asking price?
The asking price for this property is $389,950.
What are key features of this property?
This property features: Two‑unit duplex totaling 2,598 square feet; Each unit includes 3 bedrooms and 2 full bathrooms; One‑car garage assigned to each unit
More about this property
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