Recently Renovated
For Sale
$469,000
321 Kilbourne Road, Columbia, SC 29205
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 Market95
Property Features for 321 Kilbourne Road
General Information
Standard status
Active
Size
2,392 SF
Property subtype
Duplex
Additional Details
Multifamily Units
2
Amenities
off-street parking
carport for one side
outside storage
0 acres, Lot Size: 111.9 X 89.7 X 110 x 89.3, Lawn: Owner
Sewer: Owner, Sewer: Public
Central
Heating: Tenant, Central
Listed on 2026-07-20
4 parking spaces, Off Street
School District: Richland One, Elementary School: Rosewood, High School: Dreher, Middle School: Hand, Elementary School Choice: Yes, Middle School Choice: Yes, High School Choice: Yes
Area: Columbia - South, Subdivision: SHANDON, County: Richland, Geo Latitude: 33.992449, Geo Longitude: -80.988244
2 total units
Rent is 1870, 3 bedrooms, 6 rooms, 2 full baths
Rent is 1275, 2 bedrooms, 4 rooms, 1 full bath
3 total bathrooms, 3 full baths
Gas: Tenant, Electric: Tenant, Cable: Tenant, Trash: Owner
Crawl Space
Water: Owner, Public
Building Details
Year Built
1965
Listing Agency:
RE/MAX Home Team Realty LLC
(803) 764-3243
Listed By:
Steve Joye · License #15873
(803) 463-1814
Source:
Blackstreaminternational
Added: Jul 20
Changed: Oct 21
Last Checked: Oct 20 at 11:06PM
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
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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
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
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Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
691
Businesses Nearby
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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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
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 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
