Renovated Brick
For Sale
$334,900
301 Oaklane Drive, Easley, SC 29642
Two-bedroom units feature private porches and rear decks with a practical residential layout.
Property Size1,620 SF
Price / SF$206.73
Days on Market214
Property Features for 301 Oaklane Drive
General Information
Standard status
Active
Size
1,620 SF
Property subtype
Multi-Family / Duplex
Zoning
GR-2
Units
Unit Mix
1 x 2BR/1BA, 1 x 2BR/1.5BA
Multifamily Units
2
Additional Details
Highway Access
Yes
Taxes and HOA fees
Annual Taxes
$2,187
Amenities
private front porches
rear decks
Electric
Electric, Multi-Units
Composition Shingle
1
Public
Brick Veneer – Full, Vinyl Siding
Building Details
Year Built
1971
Construction
brick ranch
Listing Agency:
Real Home International
Listed By:
Sarah Paul · License #94791
(248) 939-7652
Source:
Compass
Added: Mar 20
Changed: Oct 11
Last Checked: Oct 16 at 10:36AM
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 Real Home International
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Investment Insights
Based on property information with market context.
Renovated duplex at 301 Oaklane Drive in Easley, South Carolina, contains 1,620 square feet within a brick ranch-style building constructed in 1971. The two-unit arrangement includes Unit A with 2 BR / 1 BA and Unit B with 2 BR / 1.5 BA. Both residences offer a private front porch and rear deck. Electrical service is identified for the multi-unit property, with full brick veneer and vinyl siding among the exterior features.
The property carries GR-2 zoning and is described as being minutes from schools, parks, healthcare, highways, and shopping. The address and stated surrounding amenities provide context for the duplex, while the unit layouts and outdoor spaces define its physical configuration.
The property carries GR-2 zoning and is described as being minutes from schools, parks, healthcare, highways, and shopping. The address and stated surrounding amenities provide context for the duplex, while the unit layouts and outdoor spaces define its physical configuration.
Key Highlights
- 1,620‑square‑foot duplex at 301 Oaklane Drive, Easley, SC 29642
- Unit A: 2 BR / 1 BA
- Unit B: 2 BR / 1.5 BA
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$13,664
Cap Rate
4.08%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$273,280
$273.3K
Cap Rate 7%
$195,200
$195.2K
Cap Rate 9%
$151,822
$151.8K
Market Conditions
NOI Build-Up for 1,620 SF
Gross rent
$20.4K $12.60/SF
− Vacancy
−$892 −$0.55/SF
EGI
$19.5K $12.05/SF
− OpEx
−$5.9K −$3.61/SF
NOI
$13.7K $8.43/SF
Area
Pickens County, SC
Vacancy
4.37%
Lease Rate
$12.60 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$273,280
Cap Rate 7%
$195,200
Cap Rate 9%
$151,822
Alternative Uses
Best Use
Multifamily LT 5
$195.2K
$170.8K – $227.7K
NOI $13,664 @ 7.0% cap · market cap 4.08%
Second Best
Apartment 5plus
$174.9K
$153.0K – $204.0K
NOI $12,240 @ 7.0% cap · market cap 3.65%
Theoretical Best
Mixed Use
$239.5K
$209.6K – $279.5K
NOI $16,767 @ 7.0% cap · market cap 5.01%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Lease Details
2
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
370
Businesses Nearby
Explore this area
Business Placement
Demographics for 29642, SC
35,675
Population
15,323
Households
2.3
Avg Household Size
41
Median Age
33%
College-Educated
91%
High-School Grad
50.8 sq mi
ZIP Area
702
Density / Sq Mi
$77,604
Median Household Income
$44,151
Median Earnings
$915
Median Rent
$267,700
Median Home Value
Check the figures for this property
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-bedroom units feature private porches and rear decks with a practical residential layout.
Where is this duplex located?
The property is located at 301 Oaklane Drive Easley, SC.
What is the asking price?
The asking price for this property is $334,900.
What are key features of this property?
This property features: 1,620‑square‑foot duplex at 301 Oaklane Drive, Easley, SC 29642; Unit A: 2 BR / 1 BA; Unit B: 2 BR / 1.5 BA
