Three-Unit Multifamily
For Sale
Contact for pricing
308 Drake Circle, Anderson, SC 29624
Three separate rental buildings offer individually metered utilities and a manageable multi-tenant configuration.
Property Size2,600 SF
Lot Size0.50 Acres
Price / SF$63.46
Days on Market139
Property Features for 308 Drake Circle
General Information
Standard status
Active
Size
2,600 SF
Lot size
0.50 Acres
Property subtype
Multifamily
Investment Type
Value Add
Site & Location
Highway Access
Yes
Utilities to Site
Yes
Additional Details
Multifamily Units
3
Building Details
Year Built
1958
Buildings
3
Units
3
Tenancy
Multi
Listing Agency:
McCoy Wright Commercial Real Estate
(864) 224-3503
Listed By:
Ben Wilson · License #139450
Source:
Crexi
Added: Apr 15
Changed: Aug 31
Last Checked: Aug 31 at 3:20AM
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 McCoy Wright Commercial Real Estate
Investment Insights
Based on property information with market context.
This multifamily property comprises three separate rental buildings with a combined ±2,600 square feet on approximately ±0.50 acres within Anderson city limits. The unit configuration includes ±500 square feet at 311B Drake Circle, ±800 square feet at 311A Drake Circle, and ±1,300 square feet at 309 Drake Circle. Each building has separately metered power and water, supporting distinct utility tracking for the individual occupants. Constructed in 1958, the property provides a compact multi-unit layout across one site.
The property is approximately 0.20 miles from Hwy 29 South, approximately 0.21 miles from the Hwy 28 Bypass, and approximately 2.1 miles from Downtown Anderson. Its access to these corridors places the three-building rental configuration within a short distance of major transportation routes and the downtown area.
The property is approximately 0.20 miles from Hwy 29 South, approximately 0.21 miles from the Hwy 28 Bypass, and approximately 2.1 miles from Downtown Anderson. Its access to these corridors places the three-building rental configuration within a short distance of major transportation routes and the downtown area.
Key Highlights
- Three separate rental buildings with three income‑producing units
- Combined building area of ±2,600 square feet on approximately ±0.50 acres
- Unit sizes of ±500 SF, ±800 SF, and ±1,300 SF
Property Analytics
Property Profile
Current Use
Lease Details
3
Residential units
Multi-tenant
Tenancy
Yes
Highway access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
204
Businesses Nearby
Explore this area
Business Placement
Demographics for 29624, SC
14,819
Population
6,750
Households
2.2
Avg Household Size
39
Median Age
8%
College-Educated
74%
High-School Grad
28.2 sq mi
ZIP Area
525
Density / Sq Mi
$31,808
Median Household Income
$25,121
Median Earnings
$778
Median Rent
$80,100
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Multifamily property - Three separate rental buildings offer individually metered utilities and a manageable multi-tenant configuration.
Where is this multifamily property located?
The property is located at 308 Drake Circle Anderson, SC.
What is the asking price?
The asking price for this property is $165,000.
What are key features of this property?
This property features: Three separate rental buildings with three income‑producing units; Combined building area of ±2,600 square feet on approximately ±0.50 acres; Unit sizes of ±500 SF, ±800 SF, and ±1,300 SF
