Renovated Duplex With Two
321 Kilbourne Road 2 Columbia, SC 29205
New
321 Kilbourne Road 2, Columbia, SC, 29205
$469,000
For Sale
$469,000
MULTI_FAMILY - Columbia, SC
Property Size2,392 SF
Lot Size0.23 Acres
Price / SF$196.07
Days on Market2
Property Features for 321 Kilbourne Road 2
General Information
- Property type
- Residential Multi Family
- Property subtype
- Duplex
- Bedrooms
- 5
- Bathrooms
- 3
- Rooms
- Bedroom 4, Bedroom 1, Bathroom 3, Bathroom 2, Bedroom 5, Bathroom 1, Bedroom 3, Bedroom 2
- Parking
- 4
- Parking features
- Off Street
- Standard status
- Active
- Size
- 2,392 SF
- Lot size
- 0.23 Acres
Utilities
- Heating system
- Central
- Cooling system
- Central Air
- Water source
- Public
Building Details
- Year built
- 1965
- Floors in Building
- 1
- Number of units
- 2
Listing Agency
RE/MAX Home Team Realty LLC
(803) 764-3243
1218 Henderson Street, Columbia, SC
Listed by
Steve Joye
(803) 764-3243
Added: Jul 20 Checked: Jul 21 at 1:06 am
MLS# 638988
Listing URL
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.
Investment Insights
Based on property information with market context.
This recently renovated duplex includes two separate units: one 3-bedroom unit and one 2-bedroom unit. Hardwoods are noted throughout the main living areas. The property also provides off-street parking, a carport for one side, and outside storage.
Located in Columbia, SC 29205 in Richland County, the address is 321 Kilbourne Road 2. The listing indicates convenient proximity to USC, the Medical School, shopping, and entertainment.
With two residential units and dedicated parking and storage features, the property is positioned as a straightforward residential income offering.
Located in Columbia, SC 29205 in Richland County, the address is 321 Kilbourne Road 2. The listing indicates convenient proximity to USC, the Medical School, shopping, and entertainment.
With two residential units and dedicated parking and storage features, the property is positioned as a straightforward residential income offering.
Key Highlights
- Recently renovated duplex with a 3BR unit and a 2BR unit
- Central heating and central air conditioning
- Hardwoods in the main living areas
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 | $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
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Duplex - Recently renovated duplex offers a 3BR unit and a 2BR unit with off-street parking and additional 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: Recently renovated duplex with a 3BR unit and a 2BR unit; Central heating and central air conditioning; Hardwoods in the main living areas
