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Colonial Village 86-Unit Apartments
For Sale
Contact for pricing
Pending

3700 West Ave, Columbia, SC 29203

One-story garden-style community offering a mix of one- and two-bedroom residences.

Property SizeContact for details
Days on Market141

Property Features for 3700 West Ave

General Information

Standard status Pending
Property subtype Multifamily

Units

Unit Mix 57 x 1BR/1BA, 29 x 2BR/1BA
Multifamily Units 86

Additional Details

Highway Access Yes

Building Details

Year Built 1942
Stories 1
Construction garden-style
Listing Agency: Marcus & Millichap - Charleston
Listed By: Carson Ford · License #139774
Source: Crexi
Added: Apr 13 Changed: Aug 31 Last Checked: Aug 31 at 12:46AM

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 Marcus & Millichap - Charleston

Investment Insights

Based on property information with market context.

Colonial Village Apartments is an 86-unit, one-story garden-style community at 3700 West Avenue in Columbia, South Carolina. Built in 1942, the property includes 57 one-bedroom, one-bathroom units and 29 two-bedroom, one-bathroom units. Renovation work remains to be completed in some residences, supporting the existing value-add strategy. Water and sewer bill-back charges are also in place on a per-unit monthly basis.

The property is 0.7 miles from Prisma Health Richland Hospital, 2.3 miles from Downtown Columbia, and less than 3 miles from the University of South Carolina. Highway 277 provides access toward downtown and the surrounding Columbia metro area.

Key Highlights

  • 86‑unit apartment community built in 1942
  • 57 one‑bedroom, one‑bathroom units and 29 two‑bedroom, one‑bathroom units
  • One‑story garden‑style property

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Building Supply Kitchen & Bath Showroom Electrical Service Real Estate Agency Gym & Fitness Center Carpet & Flooring Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

86
Residential units
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

2,319
Businesses Nearby

Demographics for 29203, SC

39,449
Population
18,815
Households
2.1
Avg Household Size
38
Median Age
22%
College-Educated
84%
High-School Grad
62.3 sq mi
ZIP Area
633
Density / Sq Mi
$42,371
Median Household Income
$30,228
Median Earnings
$1,041
Median Rent
$121,600
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - One-story garden-style community offering a mix of one- and two-bedroom residences.
Where is this apartment building located?
The property is located at 3700 West Ave Columbia, SC.
What are key features of this property?
This property features: 86‑unit apartment community built in 1942; 57 one‑bedroom, one‑bathroom units and 29 two‑bedroom, one‑bathroom units; One‑story garden‑style property
More about this property
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