Two-Home Multifamily
401 Clarendon Street Orangeburg, SC 29115
New
For Sale
$259,900
MULTI_FAMILY - Orangeburg, SC
Property Size1,976 SF
Lot Size0.45 Acres
Price / SF$131.53
Days on Market1
Property Features for 401 Clarendon Street
General Information
Property type
Residential Multi Family
Property subtype
Other
Bedrooms
7
Rooms
Bedroom 2, Bedroom 6, Bedroom 7, Bedroom 4, Bedroom 3, Bedroom 1, Bedroom 5
Interior features
Ceiling Fan(s)
Standard status
Active
Size
1,976 SF
Lot size
0.45 Acres
Utilities
Heating system
Electric (Heating)
Cooling system
Central Air
Building Details
Year built
1930
Floors in Building
1
Number of units
7
Building materials
Vinyl Siding
Roof type
Fiberglass
Listing Agency:
NorthGroup Real Estate LLC
(910) 338-0558
Listed By:
Alicia Bryant
(910) 338-0558
Added: Jul 29
Last Checked: Jul 29 at 4:06PM
MLS# 26021547
Copyright © 2026 CHS Regional MLS. 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.
This sale offers two separate homes on one parcel, featuring a main residence and a detached cottage. The main home has five bedrooms and five bathrooms, with each bedroom having its own private bath. Updates listed for the main home include new roofs, new HVAC systems, updated flooring, renovated bathrooms, and an updated kitchen with a large island.
The detached cottage provides a full kitchen and living area, along with a private entrance. It includes two bedrooms and two full baths, supporting flexible day-to-day use as a self-contained second residence.
The property is located at 401 Clarendon Street in Orangeburg, South Carolina.
The detached cottage provides a full kitchen and living area, along with a private entrance. It includes two bedrooms and two full baths, supporting flexible day-to-day use as a self-contained second residence.
The property is located at 401 Clarendon Street in Orangeburg, South Carolina.
Key Highlights
- Two homes on one parcel: 5BR/5BA main home plus detached 2BR/2BA cottage
- Main home updates include new roofs, new HVAC systems, updated flooring, renovated bathrooms, and an updated kitchen with a large island
- Each of the main home’s five bedrooms includes a private bath
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 | $14.2k | $7.20 |
| − Vacancy | −$3.1k | −$1.56 |
| EGI | $11.1k | $5.64 |
| − OpEx | −$3.3k | −$1.69 |
| NOI | $7.8k | $3.95 |
1,976 SF · lease $7.20/SF/yr · vacancy 21.64% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$111.5K
$97.6K – $130.1K
NOI $7,804 @ 7.0% cap · market cap 3.00%
Second Best
Apartment 5plus
$100.7K
$88.1K – $117.5K
NOI $7,050 @ 7.0% cap · market cap 2.71%
Theoretical Best
Specialty Retail
$286.3K
$250.5K – $334.0K
NOI $20,039 @ 7.0% cap · market cap 7.71%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Duplex - Two residences on one parcel include a 5BR/5BA main home and a detached 2BR/2BA cottage.
Where is this duplex located?
The property is located at 401 Clarendon Street Orangeburg, SC.
What is the asking price?
The asking price for this property is $259,900.
What are key features of this property?
This property features: Two homes on one parcel: 5BR/5BA main home plus detached 2BR/2BA cottage; Main home updates include new roofs, new HVAC systems, updated flooring, renovated bathrooms, and an updated kitchen with a large island; Each of the main home’s five bedrooms includes a private bath
