New Duplex with Private
For Sale
$469,500
361/363 Main Street, Converse, SC 29329
MULTI_FAMILY - Converse, SC
Property Size2,740 SF
Lot Size0.49 Acres
Price / SF$171.35
Days on Market53
Property Features for 361/363 Main Street
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Property condition
Under Construction
Bedrooms
6
Rooms
Bedroom 4, Bedroom 6, Bedroom 1, Bedroom 3, Bedroom 2, Bedroom 5
Elementary school
3-Cannons Elem
High school
3-Broome High
Elementary school district
3
Middle school district
3
High school district
3
Directions
Downtown Spartanburg, head south on Church St Turn left onto East Broad St Continue as East Broad Street becomes East Main Street. Continue onto US-29 North. Turn right on oakland st then turn left onto Main Street. The property is on the left.
Subdivision
Converse
Standard status
Active
Size
2,740 SF
Lot size
0.49 Acres
Building Details
Year built
2026
Floors in Building
1
Number of units
2
Listing Agency:
Belle Realty and Associates
(864) 381-8075
Listed By:
Ricky Fields · License #135913
(864) 612-0492
Added: Jun 9
Changed: Jul 30
Last Checked: Jul 31 at 9:06PM
MLS# 338131
Copyright © 2026 Spartanburg Association of REALTORS, Inc. 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.
361/363 Main Street in Converse, SC presents a newly constructed duplex currently under construction, built in 2026. The property sits on a 0.49-acre lot and totals 2,740 square feet.
Each unit offers 1,370 square feet with a single-level layout featuring three bedrooms and two full bathrooms. Both units include private entrances, an attached 1-car garage, a private deck, and a spacious backyard, along with generous driveway space.
Conveniently located near Hillcrest Shopping Center, the duplex is positioned for easy access to shopping, dining, and everyday essentials, while still being within reach of Spartanburg-area amenities.
Each unit offers 1,370 square feet with a single-level layout featuring three bedrooms and two full bathrooms. Both units include private entrances, an attached 1-car garage, a private deck, and a spacious backyard, along with generous driveway space.
Conveniently located near Hillcrest Shopping Center, the duplex is positioned for easy access to shopping, dining, and everyday essentials, while still being within reach of Spartanburg-area amenities.
Key Highlights
- Duplex under construction at 361/363 Main Street
- Built in 2026 on a 0.49‑acre lot totaling 2,740 SF
- Each unit offers 1,370 SF with three bedrooms and two full bathrooms
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 | $36.8k | $13.44 |
| − Vacancy | −$1.8k | −$0.67 |
| EGI | $35.0k | $12.77 |
| − OpEx | −$10.5k | −$3.83 |
| NOI | $24.5k | $8.94 |
2,740 SF · lease $13.44/SF/yr · vacancy 5.00% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$349.8K
$306.1K – $408.2K
NOI $24,489 @ 7.0% cap · market cap 5.22%
Second Best
Apartment 5plus
$322.3K
$282.0K – $376.0K
NOI $22,558 @ 7.0% cap · market cap 4.80%
Theoretical Best
Warehouse
$2.13M
$1.86M – $2.48M
NOI $148,899 @ 7.0% cap · market cap 31.71%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
47
Businesses Nearby
Explore this area
Business Placement
Demographics for 29329, SC
283
Population
173
Households
1.6
Avg Household Size
41
Median Age
21%
College-Educated
100%
High-School Grad
0.3 sq mi
ZIP Area
943
Density / Sq Mi
$37,019
Median Household Income
$21,298
Median Earnings
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Under construction duplex with private entrances, attached 1-car garages per unit, and private decks on a 0.49-acre lot.
Where is this duplex located?
The property is located at 361/363 Main Street Converse, SC.
What is the asking price?
The asking price for this property is $469,500.
What are key features of this property?
This property features: Duplex under construction at 361/363 Main Street; Built in 2026 on a 0.49‑acre lot totaling 2,740 SF; Each unit offers 1,370 SF with three bedrooms and two full bathrooms
