Two-Home Multifamily
For Sale
$259,000
401 Claredon Street, Orangeburg, SC 29115
MULTI-FAMILY, Orangeburg, SC
Property Size2,816 SF
Lot Size0.50 Acres
Price / SF$91.97
Days on Market119
Property Features for 401 Claredon Street
General Information
Property type
Residential Multi Family
Property subtype
Triplex
Bedrooms
5
Bathrooms
5
Full bathrooms
5
Rooms
Bathroom 1, Bedroom 4, Bathroom 2, Bedroom 1, Bathroom 3, Bathroom 4, Bedroom 2, Bedroom 5, Bedroom 3, Bathroom 5
Parking
10
Parking features
Assigned
Elementary school
Whittaker
Middle school
Robert E Howard
High school
Orangeburg-Wilkinson
Elementary school district
Orangeburg Five
Middle school district
Orangeburg Five
High school district
Orangeburg Five
Directions
I-26 to exit 149 to address
Subdivision
Orangeburg County
Standard status
Active
Size
2,816 SF
Lot size
0.50 Acres
Utilities
Heating system
Central
Cooling system
Central Air
Water source
Public
Building Details
Year built
1930
Floors in Building
1
Number of units
7
Listing Agency:
NorthGroup Real Estate LLC
Listed By:
Alecia Bryant
(843) 999-0119
Added: Jun 22
Changed: Oct 9
Last Checked: Oct 18 at 4:06PM
MLS# 638327
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.
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Investment Insights
Based on property information with market context.
Set on a 0.5-acre parcel, this multifamily property includes a 2,816-square-foot main home and a separate cottage. The main residence offers five bedrooms, each with a private bathroom, plus an unfinished attic. Recent improvements include new roofs and HVAC systems, along with refreshed flooring, bathrooms, and kitchen. The kitchen has extensive cabinetry, ample work surfaces, and an island adjoining the living and dining areas.
The cottage contains two bedrooms and two full bathrooms, as well as a full kitchen, living area, and private entrance. The property is in Orangeburg, minutes from SC State University, Claflin University, shopping, dining, and major employers. The homes are being sold as-is.
The cottage contains two bedrooms and two full bathrooms, as well as a full kitchen, living area, and private entrance. The property is in Orangeburg, minutes from SC State University, Claflin University, shopping, dining, and major employers. The homes are being sold as-is.
Key Highlights
- Two residences on one 0.5‑acre parcel
- Main home: 5 bedrooms and 5 bathrooms; each bedroom has a private bath
- Detached cottage: 2 bedrooms and 2 full bathrooms
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$10,046
Cap Rate
3.88%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$200,920
$200.9K
Cap Rate 7%
$143,514
$143.5K
Cap Rate 9%
$111,622
$111.6K
Market Conditions
NOI Build-Up for 2,816 SF
Gross rent
$23.7K $8.40/SF
− Vacancy
−$5.4K −$1.91/SF
EGI
$18.3K $6.49/SF
− OpEx
−$8.2K −$2.92/SF
NOI
$10.0K $3.57/SF
Area
Orangeburg County, SC
Vacancy
22.78%
Lease Rate
$8.40 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$200,920
Cap Rate 7%
$143,514
Cap Rate 9%
$111,622
Alternative Uses
Best Use
Apartment 5plus
$143.5K
$125.6K – $167.4K
NOI $10,046 @ 7.0% cap · market cap 3.88%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$408.0K
$357.0K – $476.0K
NOI $28,558 @ 7.0% cap · market cap 11.03%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
1,013
Businesses Nearby
Explore this area
Business Placement
Demographics for 29115, SC
28,207
Population
14,058
Households
2
Avg Household Size
37
Median Age
19%
College-Educated
78%
High-School Grad
124.6 sq mi
ZIP Area
226
Density / Sq Mi
$34,174
Median Household Income
$26,854
Median Earnings
$779
Median Rent
$95,600
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Multifamily property - A detached cottage adds a second residence with its own kitchen, living space, and private entrance.
Where is this multifamily property located?
The property is located at 401 Claredon Street Orangeburg, SC.
What is the asking price?
The asking price for this property is $259,000.
What are key features of this property?
This property features: Two residences on one 0.5‑acre parcel; Main home: 5 bedrooms and 5 bathrooms; each bedroom has a private bath; Detached cottage: 2 bedrooms and 2 full bathrooms
