Three-Unit Multifamily
For Sale
$320,000
4017 Ensor Avenue, Columbia, SC 29023
Fully occupied rental property with separately metered units and an additional apartment above the detached garage.
Property Size1,791 SF
Days on Market132
Property Features for 4017 Ensor Avenue
General Information
Standard status
Active
Size
1,791 SF
Property subtype
Triplex
Occupancy
100%
Financials
Asking Price
$325,000
Gross Income
$36,600
Site & Location
Neighborhood
Seminary Ridge Neighborhood Association
Additional Details
Multifamily Units
3
Building Details
Building Size
1,791 SF
Year Built
1950
Buildings
2
Listing Agency:
Keller Williams Realty
Listed By:
JT Livingston · License #64648
(803) 348-6289
Source:
Svrealty
Added: Jun 18
Changed: Oct 25
Last Checked: Oct 25 at 12:06AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Keller Williams Realty
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Investment Insights
Based on property information with market context.
This multifamily property comprises a duplex and a separate apartment positioned above a detached garage, creating three rental units within 1,791 square feet. The upper apartment includes 2 bedrooms and 1 bath, while the duplex provides the remaining residential units. All units are separately metered, supporting distinct utility tracking for each residence.
The property is fully occupied with established tenants in place, providing existing rental operations at closing. Its configuration combines a traditional duplex with a detached-garage apartment, offering a compact residential income property in Columbia, South Carolina. Lease and financial details are available to qualified buyers.
The property is fully occupied with established tenants in place, providing existing rental operations at closing. Its configuration combines a traditional duplex with a detached-garage apartment, offering a compact residential income property in Columbia, South Carolina. Lease and financial details are available to qualified buyers.
Key Highlights
- Three rental units: a duplex plus a separate apartment
- Fully occupied with established tenants in place
- 1,791 square feet across the multifamily property
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$19,193
Cap Rate
6.00%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$383,860
$383.9K
Cap Rate 7%
$274,186
$274.2K
Cap Rate 9%
$213,256
$213.3K
Market Conditions
NOI Build-Up for 1,791 SF
Gross rent
$29.0K $16.20/SF
− Vacancy
−$1.6K −$0.89/SF
EGI
$27.4K $15.31/SF
− OpEx
−$8.2K −$4.59/SF
NOI
$19.2K $10.72/SF
Area
Columbia, SC
Vacancy
5.50%
Lease Rate
$16.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$383,860
Cap Rate 7%
$274,186
Cap Rate 9%
$213,256
Alternative Uses
Best Use
Multifamily LT 5
$274.2K
$239.9K – $319.9K
NOI $19,193 @ 7.0% cap · market cap 6.00%
Second Best
Apartment 5plus
$240.1K
$210.1K – $280.2K
NOI $16,809 @ 7.0% cap · market cap 5.25%
Theoretical Best
Office A
$441.0K
$385.9K – $514.5K
NOI $30,871 @ 7.0% cap · market cap 9.65%
Zoning and permitted uses should be independently verified with authorities.
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Open Analytics
Lease Details
3
Residential units
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
390
Businesses Nearby
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Business Placement
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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Multifamily property - Fully occupied rental property with separately metered units and an additional apartment above the detached garage.
Where is this multifamily property located?
The property is located at 4017 Ensor Avenue Columbia, SC.
What is the asking price?
The asking price for this property is $320,000.
What are key features of this property?
This property features: Three rental units: a duplex plus a separate apartment; Fully occupied with established tenants in place; 1,791 square feet across the multifamily property
