Duplex with Two Parking
For Sale
$249,900
4016 Pebblebrook Court, Spartanburg, SC 29301
MULTI_FAMILY - Spartanburg, SC
Property Size2,700 SF
Lot Size0.54 Acres
Price / SF$92.56
Days on Market49
Property Features for 4016 Pebblebrook Court
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Bedrooms
4
Bathrooms
4
Full bathrooms
2
Half bathrooms
2
Rooms
Bedroom 4, Bedroom 2, Bedroom 1, Bedroom 3
Parking features
Driveway, Off Street
Subdivision
Pebblebrook
Elementary school
6-Westview
Middle school
6-Dawkins Middle
High school
6-Dorman High
Elementary school district
6
Middle school district
6
High school district
6
Directions
From Reidville Road, turn on Oak Forest Road, turn right onto Worden Drive at the 4 way stop, turn left onto Pebblebrook Court, duplex is on the left.
Standard status
Active
Size
2,700 SF
Lot size
0.54 Acres
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
2923
Utilities
Sewer type
Public Sewer
Cooling system
Central Air
Water source
Public
Building Details
Year built
1982
Floors in Building
2
Number of units
2
Listing Agency:
Ellison Real Estate Co. LLC
(864) 706-6974
Listed By:
Tasha Ellison · License #87577
(864) 706-6974
Added: Jun 12
Changed: Jul 25
Last Checked: Jul 30 at 12:06PM
MLS# 338257
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.
This duplex features two identical units, each laid out with two bedrooms and 1.5 baths. Unit A is vacant and ready for a renter, while Unit B is currently income producing and occupied by a month-to-month tenant. Each side includes its own two-car parking pad and outdoor storage.
The property is located in Spartanburg School District 6, providing access to the west side amenities of Spartanburg. The public remarks also note easy access to Reidville Road and I-26.
With separate unit configurations and dedicated parking/storage for each side, the building is set up to accommodate both immediate occupancy and continued income potential from the existing tenant in Unit B.
The property is located in Spartanburg School District 6, providing access to the west side amenities of Spartanburg. The public remarks also note easy access to Reidville Road and I-26.
With separate unit configurations and dedicated parking/storage for each side, the building is set up to accommodate both immediate occupancy and continued income potential from the existing tenant in Unit B.
Key Highlights
- Duplex with two identical units, each offering 2 bedrooms and 1.5 baths
- Unit A is vacant and ready for a renter; Unit B is occupied with a month‑to‑month tenant
- Each unit has its own 2‑car parking pad and outdoor storage
Financial Insights For Apartment 5plus
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 | $42.8k | $15.84 |
| − Vacancy | −$2.4k | −$0.87 |
| EGI | $40.4k | $14.97 |
| − OpEx | −$18.2k | −$6.74 |
| NOI | $22.2k | $8.23 |
2,700 SF · lease $15.84/SF/yr · vacancy 5.50% · expense 45.00%
Alternative Uses
Best Use
Multifamily LT 5
$344.7K
$301.7K – $402.2K
NOI $24,132 @ 7.0% cap · market cap 9.66%
Second Best
Apartment 5plus
$317.6K
$277.9K – $370.5K
NOI $22,229 @ 7.0% cap · market cap 8.90%
Theoretical Best
Warehouse
$2.10M
$1.83M – $2.45M
NOI $146,725 @ 7.0% cap · market cap 58.71%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
50%
Occupancy
Multi-tenant
Tenancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
65
Businesses Nearby
Explore this area
Business Placement
Demographics for 29301, SC
34,531
Population
16,020
Households
2.2
Avg Household Size
37
Median Age
27%
College-Educated
87%
High-School Grad
27.5 sq mi
ZIP Area
1,256
Density / Sq Mi
$56,606
Median Household Income
$37,761
Median Earnings
$1,126
Median Rent
$200,800
Median Home Value
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 - Two identical units each offer two bedrooms and 1.5 baths, with separate two-car parking pads and outdoor storage.
Where is this duplex located?
The property is located at 4016 Pebblebrook Court Spartanburg, SC.
What is the asking price?
The asking price for this property is $249,900.
What are key features of this property?
This property features: Duplex with two identical units, each offering 2 bedrooms and 1.5 baths; Unit A is vacant and ready for a renter; Unit B is occupied with a month‑to‑month tenant; Each unit has its own 2‑car parking pad and outdoor storage
