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4016 Pebblebrook Court, Spartanburg, SC, 29301
Duplex with Two Parking Pads

4016 Pebblebrook Court Spartanburg, SC 29301

For Sale
$249,900

MULTI_FAMILY - Spartanburg, SC

Property Size2,700 SF
Lot Size0.54 Acres
Price / SF$92.56
Days on Market47

Property Features for 4016 Pebblebrook Court

General Information

Property type Residential Multi Family
Property subtype Duplex
Bedrooms 4
Bathrooms 4
Rooms Bedroom 4, Bedroom 2, Bedroom 1, Bedroom 3
Parking features Driveway, Off Street
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
Listed By: Tasha Ellison · License #87577
Added: Jun 12 Changed: Jul 25 Last Checked: Jul 28 at 2:06AM
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.

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 (±1% cap)
NOI $24,132 @ 7.0% cap · market cap 9.66%
Second Best
Apartment 5plus
$317.6K
$277.9K – $370.5K (±1% cap)
NOI $22,229 @ 7.0% cap · market cap 8.90%
Theoretical Best
Warehouse
$2.10M
$1.83M – $2.45M (±1% cap)
NOI $146,725 @ 7.0% cap · market cap 58.71%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Property Profile Location Intelligence

Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Restaurant Hair Salon Spa & Massage Center Building Supply Nail Salon

Zoning and permitted uses should be independently verified with authorities.

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
More about this property
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