North Augusta Four-Unit Income
308 Belvedere Clearwater Road, North Augusta, SC 29841
- Added:
- Mar 18, 2026
- Days on Market:
- 102
- Last Refresh:
- Jun 27 at 12:06 pm
Property Features for 308 Belvedere Clearwater Road
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- multi
- Bedrooms
- 7
- Bathrooms
- 5
- Rooms
- Bathroom 5, Bedroom 6, Bedroom 4, Bedroom 2, Bathroom 1, Bedroom 7, Bathroom 2, Bathroom 4, Bedroom 3, Bedroom 1, Bathroom 3, Bedroom 5
- Parking
- 4
- Fencing
- Chain Link
- Standard status
- Pending
- APN
- 0120607008
- Size
- 3,095 SF
- Lot size
- 0.33 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Description
- 01206070008
Utilities
- Sewer type
- Public Sewer
- Heating system
- Electric (Heating)
- Cooling system
- Wall/Window Unit(s), Window Unit(s), Multi Units
- Water source
- Public
Building Details
- Year built
- 1965
- Floors in Building
- 1
- Number of units
- 4
- Building materials
- Wood Siding
- Roof type
- Composition
Listing agent Danielle Meikrantz License #401159 (706) 284-8359
Listing office Meybohm Commercial Properties 3519 Wheeler Road, Augusta, SC (706) 736-0700
Listing date Mar 18, 2026
MLS# 98254184
Listing URL
Copyright © 2026 Hive MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- Fully leased four‑unit income property with all units 100% occupied
- Unit mix includes a duplex at 308 Belvedere Clearwater Rd (Unit A: 2 bed/1 bath; Unit B: 3 bed/2 bath) plus two detached units at 312 and 314 Verdery St
- Recent improvements to duplex units include updated bathrooms and mini‑split HVAC, plus interior upgrades
- Tenants pay their own utilities except water and landscaping, which are covered by ownership
- One unit (312 Verdery) is furnished, allowing flexibility for mid‑term or short‑term rental strategies
- Large shaded lot with multiple access points and ample off‑street parking; construction materials include wood siding
Overview
This fully leased four-unit income property in North Augusta, SC, presents an investment opportunity with immediate in-place cash flow. The property is located minutes from Downtown North Augusta, SC, and Downtown Augusta, GA, in a strong rental location. It includes a duplex at 308 Belvedere Clearwater Road, with Unit A featuring 2 beds & 1 bath and Unit B featuring 3 beds & 2 baths. Additionally, there are two detached rental units behind the duplex on the same parcel, located at 312 and 314 Verdery Street. This unit mix supports consistent tenant demand and long-term stability. The property sits on a 0.33-acre lot. Tenants are responsible for all utilities except water and landscaping, which are covered by ownership. One unit (312 Verdery) is furnished, offering flexibility for mid-term or short-term rental strategies and potential income enhancement. Recent improvements to the duplex units include updated bathrooms, mini-split HVAC systems, and interior upgrades. The property features multiple access points and ample off-street parking, adding to tenant appeal. Its proximity to downtown, employment centers, and the medical district supports sustained rental demand. The property size is 3095 square feet.
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $42.7k | $13.80 |
| − Vacancy | −$2.6k | −$0.83 |
| EGI | $40.2k | $12.97 |
| − OpEx | −$12.0k | −$3.89 |
| NOI | $28.1k | $9.08 |
3,095 SF · lease $13.80/SF/yr · vacancy 5.98% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$401.6K
$351.4K – $468.5K
NOI $28,110 @ 7.0% cap · market cap 7.28%
Second Best
Apartment 5plus
$350.0K
$306.2K – $408.3K
NOI $24,499 @ 7.0% cap · market cap 6.35%
Theoretical Best
Office A
$596.6K
$522.0K – $696.0K
NOI $41,760 @ 7.0% cap · market cap 10.82%
Zoning and permitted uses should be independently verified with local authorities.
Property Profile
Location Intelligence
Current Use by Public Records
Quadplexes
Location Insight
- Map
- Local Demand
- City
- North Augusta
- County
- Aiken
- State
- South Carolina
- Longitude
- -81.941684
- Latitude
- 33.53219
Nearby Similar for Sale
FAQs
What type of property is this?
Quadplex - Fully leased four-unit property near downtown North Augusta, SC.
Where is this quadplex located?
The property is located at 308 Belvedere Clearwater Road North Augusta, SC.
What is the asking price?
The asking price for this property is $386,000.
What are key features of this property?
This property features: Fully leased four‑unit income property with all units 100% occupied; Unit mix includes a duplex at 308 Belvedere Clearwater Rd (Unit A: 2 bed/1 bath; Unit B: 3 bed/2 bath) plus two detached units at 312 and 314 Verdery St; Recent improvements to duplex units include updated bathrooms and mini‑split HVAC, plus interior upgrades
