Recently Renovated
321 Kilbourne Road 2 Columbia, SC 29205
New
For Sale
$469,000
Renovated duplex offers a 3BR unit and a 2BR unit with off-street parking, carport, and outside storage.
Property Size2,392 SF
Price / SF$196.07
Days on Market5
Property Features for 321 Kilbourne Road 2
General Information
- Standard status
- Active
- Size
- 2,392 SF
- Property subtype
- Duplex
Building Details
- Year Built
- 1965
Listing Agency:
RE/MAX Home Team Realty LLC
(803) 764-3243
Listed By:
Steve Joye
Source:
Blackstreaminternational
Added: Jul 20
Changed: Jul 23
Last Checked: Jul 24 at 1:33PM
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 RE/MAX Home Team Realty LLC
Investment Insights
Based on property information with market context.
This recently renovated duplex includes two separate units: one with three bedrooms and one with two bedrooms. Hardwoods are listed throughout the main living areas. Parking is available off-street, with a carport for one side, and outside storage is also noted.
The property is located in Columbia’s Shandon neighborhood, described as close to USC, the Medical School, shopping, and entertainment.
As presented for sale, the duplex’s configuration supports two independent residential spaces under one ownership structure, with the included parking and storage options serving both units.
The property is located in Columbia’s Shandon neighborhood, described as close to USC, the Medical School, shopping, and entertainment.
As presented for sale, the duplex’s configuration supports two independent residential spaces under one ownership structure, with the included parking and storage options serving both units.
Key Highlights
- Renovated duplex built in 1965 with a 3BR unit and a 2BR unit
- Hardwoods throughout main living areas
- Off‑street parking plus a carport for one side
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 | $38.8k | $16.20 |
| − Vacancy | −$2.1k | −$0.89 |
| EGI | $36.6k | $15.31 |
| − OpEx | −$11.0k | −$4.59 |
| NOI | $25.6k | $10.72 |
2,392 SF · lease $16.20/SF/yr · vacancy 5.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$366.2K
$320.4K – $427.2K
NOI $25,633 @ 7.0% cap · market cap 5.47%
Second Best
Apartment 5plus
$320.7K
$280.6K – $374.2K
NOI $22,449 @ 7.0% cap · market cap 4.79%
Theoretical Best
Office A
$589.0K
$515.4K – $687.2K
NOI $41,230 @ 7.0% cap · market cap 8.79%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Duplexes
FAQs
What type of property is this?
Duplex - Renovated duplex offers a 3BR unit and a 2BR unit with off-street parking, carport, and outside storage.
Where is this duplex located?
The property is located at 321 Kilbourne Road 2 Columbia, SC.
What is the asking price?
The asking price for this property is $469,000.
What are key features of this property?
This property features: Renovated duplex built in 1965 with a 3BR unit and a 2BR unit; Hardwoods throughout main living areas; Off‑street parking plus a carport for one side
