Two-Unit Duplex with Outdoor
For Sale
$249,900
4016 Pebblebrook Court, Spartanburg, SC 29301
MULTIFAMILY, Spartanburg, SC
Property Size2,700 SF
Lot Size0.54 Acres
Price / SF$92.56
Days on Market124
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 2, Bedroom 1, Bedroom 3, Bedroom 4
Parking features
Off Street, Driveway
Subdivision
Pebblebrook
Elementary school
6-Westview
Middle school
6-Dawkins Middle
High school
6-Dorman High
Elementary school district
6 Sptbg Co
Middle school district
6 Sptbg Co
High school district
6 Sptbg Co
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
Amenities
outdoor storage
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) 485-2622
Added: Jun 12
Changed: Oct 13
Last Checked: Oct 13 at 10:06PM
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 contains two matching residences, each arranged with two bedrooms and 1.5 bathrooms. The 2,700-square-foot property was built in 1982 and sits on a 0.54-acre lot. Unit A is vacant, while Unit B is occupied by a month-to-month tenant and generating income. Each residence has its own two-car parking pad and outdoor storage.
The property is in Spartanburg School District 6, with access to the west side of Spartanburg, Reidville Road, and I-26. Public water and sewer serve the site, and the building has central air conditioning.
The property is in Spartanburg School District 6, with access to the west side of Spartanburg, Reidville Road, and I-26. Public water and sewer serve the site, and the building has central air conditioning.
Key Highlights
- Two identical units, each with 2 bedrooms and 1.5 bathrooms
- 2,700 square feet on a 0.54‑acre lot
- Unit A is vacant; Unit B has a month‑to‑month tenant
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$22,229
Cap Rate
8.90%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$444,580
$444.6K
Cap Rate 7%
$317,557
$317.6K
Cap Rate 9%
$246,989
$247.0K
Market Conditions
NOI Build-Up for 2,700 SF
Gross rent
$42.8K $15.84/SF
− Vacancy
−$2.4K −$0.87/SF
EGI
$40.4K $14.97/SF
− OpEx
−$18.2K −$6.74/SF
NOI
$22.2K $8.23/SF
Area
Spartanburg County, SC
Vacancy
5.50%
Lease Rate
$15.84 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$444,580
Cap Rate 7%
$317,557
Cap Rate 9%
$246,989
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.
How Realmo checks its estimates
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Lease Details
2
Residential units
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Duplex - One residence is vacant, while the other has a month-to-month occupant and is producing income.
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: Two identical units, each with 2 bedrooms and 1.5 bathrooms; 2,700 square feet on a 0.54‑acre lot; Unit A is vacant; Unit B has a month‑to‑month tenant
