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Three-Unit Multifamily Property
For Sale
$325,000

4017 Ensor Avenue, Columbia, SC 29023

MULTI-FAMILY, Columbia, SC

Property Size1,791 SF
Lot Size0.21 Acres
Price / SF$181.46
Days on Market111

Property Features for 4017 Ensor Avenue

General Information

Property type Residential Multi Family
Property subtype Triplex
Bedrooms 5
Bathrooms 3
Full bathrooms 3
Rooms Bedroom 1, Bedroom 3, Bathroom 1, Bedroom 4, Bedroom 5, Bathroom 2, Bathroom 3, Bedroom 2
Parking 8
Elementary school Hyatt Park
Middle school Gibbes
High school Eau Claire
Elementary school district Richland One
Middle school district Richland One
High school district Richland One
Directions Attach separate page if necessary. (300 char max)
Subdivision City of Columbia, Denny terrace, Lake Elizabeth
Standard status Active
Size 1,791 SF
Lot size 0.21 Acres

Utilities

Heating system Central
Cooling system Central Air
Water source Public

Building Details

Year built 1950
Floors in Building 2
Number of units 3
Listing Agency: Keller Williams Realty
Listed By: JT Livingston · License #64648
Added: Jun 18 Changed: Oct 2 Last Checked: Oct 6 at 10:06PM
MLS# 636721

Copyright © 2026 Consolidated MLS, SC. 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 three-unit multifamily property includes a duplex and a separate 2-bedroom, 1-bath apartment positioned above a detached garage. The property contains 1791 square feet on 0.21 acres, with central heating, central air, and public water service. Built in 1950, the asset is fully occupied with established tenants in place. Separately metered units support clear utility allocation among the residences.

Located at 4017 Ensor Avenue in Columbia, South Carolina, the property offers an existing residential rental configuration with three occupied units. The detached garage apartment adds a distinct component to the layout, while the duplex provides the primary two-unit structure.

Key Highlights

  • Three rental units: a duplex plus a 2‑bedroom, 1‑bath apartment above a detached garage
  • Fully occupied with established tenants in place
  • Separately metered units

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$19,193
Cap Rate
5.91%
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 (±1% cap)
NOI $19,193 @ 7.0% cap · market cap 5.91%
Second Best
Apartment 5plus
$240.1K
$210.1K – $280.2K (±1% cap)
NOI $16,809 @ 7.0% cap · market cap 5.17%
Theoretical Best
Office A
$441.0K
$385.9K – $514.5K (±1% cap)
NOI $30,871 @ 7.0% cap · market cap 9.50%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Triplexes

Suggested Use

Top Pick Real Estate Agency Building Supply Dental Office Law Firm Restaurant Big Box & Wholesale Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

3
Residential units
100%
Occupancy

Location Intelligence

Trade Area within ½ mile

390
Businesses Nearby
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

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Triplex - Fully occupied rental property with separately metered units and a detached garage apartment.
Where is this triplex located?
The property is located at 4017 Ensor Avenue Columbia, SC.
What is the asking price?
The asking price for this property is $325,000.
What are key features of this property?
This property features: Three rental units: a duplex plus a 2‑bedroom, 1‑bath apartment above a detached garage; Fully occupied with established tenants in place; Separately metered units
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