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12-Duplex Rental Portfolio

251 Bomba Street, Barnwell, SC 29812

For Sale
$1,600,000

Residential Income, Barnwell, SC

Property Size950 SF
Price / SF$1,684
Days on Market50

Property Features for 251 Bomba Street

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 2
Bathrooms 2
Full bathrooms 1
Half bathrooms 1
Rooms Bedroom 2, Bathroom 2, Bathroom 1, Bedroom 1
Standard status Active
Size 950 SF

Additional Details

Tenant in Place Yes

Utilities

Heating system Heat Pump (Heating), Electric (Heating)

Building Details

Flooring type Vinyl
Building materials Brick
Roof type Asphalt
Buildings 12
Listing Agency: Arete Real Estate
Listed By: Rebekah Grubbs · License SC #119343
Added: Sep 24 Changed: Oct 30 Last Checked: Nov 12 at 7:06AM
MLS# 11998808

Copyright © 2026 My State MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Rey
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Investment Insights

Based on property information with market context.

This residential rental offering comprises 12 brick duplexes, totaling 24 units. Each unit has a two-bedroom, 1.5-bath layout with approximately 950 square feet. Nineteen units have received updates to finishes and key interior components; four more are about 75% through renovation, while one remains to be renovated. Vinyl flooring is listed among the property features, along with heat-pump and electric heating.

The duplexes sit on separate tax parcels and are available as a complete portfolio, in groups of 4–8 duplexes, or individually. The properties are in Barnwell, South Carolina. Current in-place rent is approximately $800 per month per unit. Seller projections indicate achievable rents of approximately $900 per month per unit, with stabilized annual gross scheduled rent of $230,400 and projected NOI of $162,293.

Key Highlights

  • 12 duplexes comprise 24 residential units
  • Each unit has 2 bedrooms, 1.5 bathrooms, and approximately 950 square feet
  • Every duplex is on its own tax parcel; purchase options include the portfolio, groups of 4–8, or individual properties

Property Analytics

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Lease Details

24
Residential units

Location Intelligence

Trade Area within ½ mile

71
Businesses Nearby

Demographics for 29812, SC

11,107
Population
5,061
Households
2.2
Avg Household Size
41
Median Age
16%
College-Educated
80%
High-School Grad
173.5 sq mi
ZIP Area
64
Density / Sq Mi
$44,494
Median Household Income
$32,641
Median Earnings
$656
Median Rent
$105,100
Median Home Value
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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 - Brick duplexes offer a mix of renovated and partially completed interiors across individually assessed parcels.
Where is this duplex located?
The property is located at 251 Bomba Street Barnwell, SC.
What is the asking price?
The asking price for this property is $1,600,000.
What are key features of this property?
This property features: 12 duplexes comprise 24 residential units; Each unit has 2 bedrooms, 1.5 bathrooms, and approximately 950 square feet; Every duplex is on its own tax parcel; purchase options include the portfolio, groups of 4–8, or individual properties
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