Tenant-Occupied
For Sale
$158,000
Pending
345 Friedheim Rd, Rock Hill, SC 29730
Two-unit residential income property near Downtown Rock Hill with shopping, dining, and major road access nearby.
Property Size676 SF
Days on Market106
Property Features for 345 Friedheim Rd
General Information
Standard status
Pending
Size
676 SF
Property subtype
Residential Income
Additional Details
Multifamily Units
2
Listing Agency:
Reeves Realty & Associates
(803) 329-2151
Listed By:
Troy Reeves
(803) 371-4317
Source:
Exprealty
Added: Jul 3
Changed: Oct 11
Last Checked: Oct 14 at 11:26PM
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 Reeves Realty & Associates
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This tenant-occupied duplex is identified as a 1BR/1BA property with a reported property size of 676. The existing occupancy provides an established rental setup for an owner evaluating a residential income asset.
The property is located near Downtown Rock Hill, with shopping, dining, and major roadways in the surrounding area. Showings are available by appointment.
The property is located near Downtown Rock Hill, with shopping, dining, and major roadways in the surrounding area. Showings are available by appointment.
Key Highlights
- Tenant‑occupied duplex
- 1BR/1BA configuration
- Reported property size of 676
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$6,140
Cap Rate
3.89%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$122,800
$122.8K
Cap Rate 7%
$87,714
$87.7K
Cap Rate 9%
$68,222
$68.2K
Market Conditions
NOI Build-Up for 676 SF
Gross rent
$9.3K $13.80/SF
− Vacancy
−$558 −$0.83/SF
EGI
$8.8K $12.97/SF
− OpEx
−$2.6K −$3.89/SF
NOI
$6.1K $9.08/SF
Area
York County, SC
Vacancy
5.98%
Lease Rate
$13.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$122,800
Cap Rate 7%
$87,714
Cap Rate 9%
$68,222
Alternative Uses
Best Use
Multifamily LT 5
$87.7K
$76.8K – $102.3K
NOI $6,140 @ 7.0% cap · market cap 3.89%
Second Best
Apartment 5plus
$78.8K
$69.0K – $92.0K
NOI $5,518 @ 7.0% cap · market cap 3.49%
Theoretical Best
Office A
$159.0K
$139.1K – $185.5K
NOI $11,128 @ 7.0% cap · market cap 7.04%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
133
Businesses Nearby
Explore this area
Business Placement
Demographics for 29730, SC
57,325
Population
26,209
Households
2.2
Avg Household Size
38
Median Age
27%
College-Educated
89%
High-School Grad
119.4 sq mi
ZIP Area
480
Density / Sq Mi
$63,122
Median Household Income
$39,484
Median Earnings
$1,234
Median Rent
$239,200
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-unit residential income property near Downtown Rock Hill with shopping, dining, and major road access nearby.
Where is this duplex located?
The property is located at 345 Friedheim Rd Rock Hill, SC.
What is the asking price?
The asking price for this property is $158,000.
What are key features of this property?
This property features: Tenant‑occupied duplex; 1BR/1BA configuration; Reported property size of 676
