Four-Unit
New
For Sale
$375,000
300 Sunnyside Drive, Greer, SC 29651
Two- and three-bedroom apartments have separate tenant-paid utilities, with gas service where applicable.
Property Size3,200 SF
Price / SF$117.19
Days on Market3
Property Features for 300 Sunnyside Drive
General Information
Standard status
Active
Size
3,200 SF
Property subtype
Multi-Family
Units
Unit Mix
2 x 2BR/1BA, 2 x 3BR/1BA
Multifamily Units
4
Additional Details
Gross Income
$44,700
Tenant in Place
Yes
Taxes and HOA fees
Annual Taxes
$3,911
Amenities
Yes
4
10
Square Feet
No
Public
8712
0.2
Other
Slab
3200
Building Details
Year Built
1966
Stories
2
Listing Agency:
Howard Hanna Allen Tate - WestEnd
(864) 538-4082
Listed By:
Robby D Brady · License #43561
(864) 270-5955
Source:
Cdanjoyner
Added: Nov 4
Last Checked: Nov 6 at 6:35AM
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 Howard Hanna Allen Tate - WestEnd
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Investment Insights
Based on property information with market context.
This 3,200-square-foot quadplex contains four apartments: two with two bedrooms and one bathroom, and two with three bedrooms and one bathroom. Three units were remodeled between 2024 and 2026; the fourth remains available for further improvement. The property was built in 1966 and sits on a 0.2-acre lot.
Tenants pay their own utilities, including water, with gas service where applicable. The property is located on Sunnyside Drive in Greer, South Carolina.
Tenants pay their own utilities, including water, with gas service where applicable. The property is located on Sunnyside Drive in Greer, South Carolina.
Key Highlights
- Four apartments: two 2‑bedroom, 1‑bath units and two 3‑bedroom, 1‑bath units
- 3,200 square feet on a 0.2‑acre lot
- Three units remodeled between 2024 and 2026
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$32,514
Cap Rate
8.67%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$650,280
$650.3K
Cap Rate 7%
$464,486
$464.5K
Cap Rate 9%
$361,267
$361.3K
Market Conditions
NOI Build-Up for 3,200 SF
Gross rent
$49.2K $15.36/SF
− Vacancy
−$2.7K −$0.84/SF
EGI
$46.4K $14.52/SF
− OpEx
−$13.9K −$4.35/SF
NOI
$32.5K $10.16/SF
Area
Greenville County, SC
Vacancy
5.50%
Lease Rate
$15.36 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$650,280
Cap Rate 7%
$464,486
Cap Rate 9%
$361,267
Alternative Uses
Best Use
Multifamily LT 5
$464.5K
$406.4K – $541.9K
NOI $32,514 @ 7.0% cap · market cap 8.67%
Second Best
Apartment 5plus
$415.6K
$363.7K – $484.9K
NOI $29,093 @ 7.0% cap · market cap 7.76%
Theoretical Best
Office A
$1.37M
$1.20M – $1.60M
NOI $95,707 @ 7.0% cap · market cap 25.52%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
4
Residential units
Location Intelligence
Trade Area within ½ mile
465
Businesses Nearby
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Business Placement
Demographics for 29651, SC
50,778
Population
21,738
Households
2.3
Avg Household Size
40
Median Age
34%
College-Educated
91%
High-School Grad
89.6 sq mi
ZIP Area
567
Density / Sq Mi
$80,748
Median Household Income
$47,077
Median Earnings
$1,021
Median Rent
$264,200
Median Home Value
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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Quadplex - Two- and three-bedroom apartments have separate tenant-paid utilities, with gas service where applicable.
Where is this quadplex located?
The property is located at 300 Sunnyside Drive Greer, SC.
What is the asking price?
The asking price for this property is $375,000.
What are key features of this property?
This property features: Four apartments: two 2‑bedroom, 1‑bath units and two 3‑bedroom, 1‑bath units; 3,200 square feet on a 0.2‑acre lot; Three units remodeled between 2024 and 2026
