Renovated Duplex with
For Sale
$469,000
321 Kilbourne Road, Columbia, SC 29205
MULTI-FAMILY, Columbia, SC
Property Size2,392 SF
Lot Size0.23 Acres
Price / SF$196.07
Days on Market95
Property Features for 321 Kilbourne Road
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Bedrooms
5
Bathrooms
3
Full bathrooms
3
Rooms
Bathroom 2, Bathroom 3, Bedroom 2, Bedroom 4, Bedroom 5, Bathroom 1, Bedroom 3, Bedroom 1
Parking
4
Parking features
Off Street
Subdivision
SHANDON
Elementary school
Rosewood
Middle school
Hand
High school
Dreher
Elementary school district
Richland One
Middle school district
Richland One
High school district
Richland One
Directions
From Rosewood to S. Kilbourne
Standard status
Active
Size
2,392 SF
Lot size
0.23 Acres
Utilities
Heating system
Central
Cooling system
Central Air
Water source
Public
Amenities
off-street parking
carport
outside storage
Building Details
Year built
1965
Floors in Building
1
Number of units
2
Listing Agency:
RE/MAX Home Team Realty LLC · RE/MAX International
Listed By:
Steve Joye
(803) 764-3243
Added: Jul 20
Changed: Oct 18
Last Checked: Oct 22 at 10:06PM
MLS# 638988
Copyright © 2026 Consolidated MLS, SC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This recently renovated duplex contains 2,392 square feet on a 0.23-acre lot, with one 3BR unit and one 2BR unit. Hardwood flooring extends through the main living areas. The property includes central heating and central air, public water service, off-street parking, a carport serving one side, and exterior storage. Built in 1965, the building offers a practical two-unit layout for a residential income property.
The property is located at 321 Kilbourne Road in Columbia’s Shandon neighborhood. USC, the Medical School, shopping, and entertainment are described as nearby. Its Columbia, SC 29205 location places the duplex within an established residential setting close to those area destinations.
The property is located at 321 Kilbourne Road in Columbia’s Shandon neighborhood. USC, the Medical School, shopping, and entertainment are described as nearby. Its Columbia, SC 29205 location places the duplex within an established residential setting close to those area destinations.
Key Highlights
- 2,392‑square‑foot duplex on a 0.23‑acre lot
- Two units configured as 3BR and 2BR residences
- Recently renovated with hardwoods in main living areas
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$25,633
Cap Rate
5.47%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$512,660
$512.7K
Cap Rate 7%
$366,186
$366.2K
Cap Rate 9%
$284,811
$284.8K
Market Conditions
NOI Build-Up for 2,392 SF
Gross rent
$38.8K $16.20/SF
− Vacancy
−$2.1K −$0.89/SF
EGI
$36.6K $15.31/SF
− OpEx
−$11.0K −$4.59/SF
NOI
$25.6K $10.72/SF
Area
Columbia, SC
Vacancy
5.50%
Lease Rate
$16.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$512,660
Cap Rate 7%
$366,186
Cap Rate 9%
$284,811
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 authorities.
How Realmo checks its estimates
Property Analytics
Contact the owner directly
Get the owner's phone numbers and email
Open Analytics
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
691
Businesses Nearby
Explore this area
Business Placement
Demographics for 29205, SC
23,586
Population
12,792
Households
1.8
Avg Household Size
34
Median Age
66%
College-Educated
96%
High-School Grad
6.5 sq mi
ZIP Area
3,629
Density / Sq Mi
$62,197
Median Household Income
$41,660
Median Earnings
$1,100
Median Rent
$335,200
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - Two residential units provide a three-bedroom and two-bedroom configuration with hardwood main living areas and off-street parking.
Where is this duplex located?
The property is located at 321 Kilbourne Road 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: 2,392‑square‑foot duplex on a 0.23‑acre lot; Two units configured as 3BR and 2BR residences; Recently renovated with hardwoods in main living areas
