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Updated Duplex with Tenant Leases
For Sale
$255,000

309 Powell Mill Road, Spartanburg, SC 29301

Multi-Family, Spartanburg, SC

Property SizeContact for details
Days on Market63

Property Features for 309 Powell Mill Road

General Information

Property type Residential Multi Family
Property subtype Duplex
Bedrooms 4
Bathrooms 2
Full bathrooms 2
Rooms Bedroom 3, Bedroom 2, Bathroom 1, Bedroom 1, Bedroom 4, Bathroom 2
Parking features Off Street
Elementary school Jesse S. Bobo
Middle school Fairforest
High school Dorman
Subdivision 015
Standard status Active
APN 6-18-13-001.04

Utilities

Heating system Electric (Heating)
Cooling system Electric
Water source Public

Building Details

Year built 1960
Floors in Building 1
Number of units 2
Listing Agency: EXP Realty LLC
Listed By: Grant McDowell
Added: Jul 11 Changed: Sep 5 Last Checked: Sep 11 at 6:06PM
MLS# 1586182

Copyright © 2026 Greater Greenville Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

The duplex at 309 Powell Mill Road contains two residential units, each offering 2 bedrooms, 1 full bathroom, and approximately 912 square feet. Vinyl flooring runs throughout both units, while electric heating and cooling support year-round occupancy. Off-street parking is also provided. Originally built in 1960, the property has a roof installed in 2020 and HVAC systems replaced in 2021.

Both units are currently tenant occupied with leases extending through 2027. The property is positioned just off Highway 29 in Spartanburg, with shopping, dining, and everyday services accessible nearby. Public water serves the building.

Key Highlights

  • Two‑unit duplex with 2 bedrooms and 1 full bathroom per unit
  • Approximately 912 square feet in each unit
  • Roof installed in 2020; HVAC units replaced in 2021

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Building Supply HVAC Service Big Box & Wholesale Store Kitchen & Bath Showroom Auto Parts Store

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

Lease Details

2
Residential units
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

263
Businesses Nearby

Demographics for 29301, SC

34,531
Population
16,020
Households
2.2
Avg Household Size
37
Median Age
27%
College-Educated
87%
High-School Grad
27.5 sq mi
ZIP Area
1,256
Density / Sq Mi
$56,606
Median Household Income
$37,761
Median Earnings
$1,126
Median Rent
$200,800
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

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?
Duplex - Both residences are leased through 2027 and served by public water.
Where is this duplex located?
The property is located at 309 Powell Mill Road Spartanburg, SC.
What is the asking price?
The asking price for this property is $255,000.
What are key features of this property?
This property features: Two‑unit duplex with 2 bedrooms and 1 full bathroom per unit; Approximately 912 square feet in each unit; Roof installed in 2020; HVAC units replaced in 2021
More about this property
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