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Historic Multifamily Community in Central
For Sale
$2,116,000

304 Church Street, Central, SC 29630

20-unit historic multifamily property in Central, South Carolina.

Property SizeContact for details
Days on Market163

Property Features for 304 Church Street

General Information

Standard status Active
Property subtype Multifamily

Building Details

Year Built 1899
Units 20
Listed By: Jonathan Kessler
Source: Alinecapital
Added: Mar 27 Changed: Sep 4 Last Checked: Aug 4 at 4:09AM

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 Jonathan Kessler

Investment Insights

Based on property information with market context.

Central Lofts is a 20-unit historic multifamily community located at 304 Church Street in Central, South Carolina. Constructed in 1899 and fully renovated in 2002 with replaced electrical and plumbing systems, the property combines historic charm with operational stability. The property has been consistently maintained. Current average rents are approximately $916 per unit. Many of the larger one-bedroom units can be converted into two-bedroom layouts at an estimated cost of approximately $5,000 per unit. This conversion aligns the unit mix with the demand for two-bedroom housing in the Clemson market. By partnering with a nonprofit entity to maintain rents at levels affordable to residents earning below Area Median Income (AMI), ownership can reduce operating expenses. The property's proximity to Clemson University supports long-term demand, with convenient access to Greenville, Columbia, and Atlanta. The Central/Clemson corridor is experiencing sustained growth driven by education, healthcare, advanced manufacturing, and technology sectors. Central Lofts offers investors the opportunity to capitalize on both stable income and forward-looking upside.

Key Highlights

  • Historic 20‑unit multifamily community fully renovated in 2002 with updated electrical and plumbing.
  • Located in the rapidly growing Clemson submarket, minutes from Clemson University.
  • Value‑add opportunity to convert larger one‑bedroom units into two‑bedroom units for increased rental income.

Property Analytics

Current Use

Central Lofts Apartment Building

Suggested Use

Top Pick Skin Care Clinic Daycare Center Spa & Massage Center Acupuncture Gym & Fitness Center Pet Grooming Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

20
Businesses Nearby

Demographics for 29630, SC

15,651
Population
7,662
Households
2
Avg Household Size
30
Median Age
38%
College-Educated
91%
High-School Grad
61.6 sq mi
ZIP Area
254
Density / Sq Mi
$53,879
Median Household Income
$29,440
Median Earnings
$966
Median Rent
$220,300
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

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

What type of property is this?
Apartment building - 20-unit historic multifamily property in Central, South Carolina.
Where is this apartment building located?
The property is located at 304 Church Street Central, SC.
What is the asking price?
The asking price for this property is $2,116,000.
What are key features of this property?
This property features: Historic 20‑unit multifamily community fully renovated in 2002 with updated electrical and plumbing.; Located in the rapidly growing Clemson submarket, minutes from Clemson University.; Value‑add opportunity to convert larger one‑bedroom units into two‑bedroom units for increased rental income.
More about this property
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