3-Unit Multifamily
4019 Baldwin, Columbia, SC 29204
For Sale
New
$400,000
Each residence has washer and dryer hookups and its own backyard space.
Property Size2,700 SF
Price / SF$148.15
Days on Market2
Property Features for 4019 Baldwin
General Information
Standard status
Size
Property subtype
Site & Location
Neighborhood
Highway Access
Units
Unit Mix
Multifamily Units
Additional Details
Tenant in Place
Amenities
washer/dryer hookups
private backyard
side deck
wraparound driveway
Building Details
Building Size
Year Built
Buildings
Stories
Units
Listing Agency:
Latimore Realty
Listed By:
Donald Latimore
(803) 669-7142
Source:
Lakemurrayproperty
Added: Nov 12
Changed: Nov 13
Last Checked: Nov 13 at 2:03AM
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 Latimore Realty
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Investment Insights
Based on property information with market context.
Three residences occupy one Columbia property: a single-family home with 3 bedrooms and 1 bathroom, plus a duplex with two 2-bedroom, 1-bathroom units. All three units have washer and dryer hookups and private backyard areas. The house also includes a side deck, and a wraparound driveway provides off-street parking. Built in 1955, the property is located at 4019 Baldwin, Columbia, SC 29204.
The property is a short drive from Downtown Columbia and offers access to major interstates, shopping, dining, and employment centers. Rental income is currently being generated by the units.
The property is a short drive from Downtown Columbia and offers access to major interstates, shopping, dining, and employment centers. Rental income is currently being generated by the units.
Key Highlights
- Three rental residences on one lot: a 3‑bedroom home and two 2‑bedroom duplex units
- Each residence has 1 bathroom
- Washer and dryer hookups and a private backyard for each unit
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$25,340
Cap Rate
6.34%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$506,800
$506.8K
Cap Rate 7%
$362,000
$362.0K
Cap Rate 9%
$281,556
$281.6K
Market Conditions
NOI Build-Up for 2,700 SF
Gross rent
$48.6K $18.00/SF
− Vacancy
−$2.5K −$0.94/SF
EGI
$46.1K $17.06/SF
− OpEx
−$20.7K −$7.68/SF
NOI
$25.3K $9.39/SF
Area
Columbia, SC
Vacancy
5.20%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$506,800
Cap Rate 7%
$362,000
Cap Rate 9%
$281,556
Alternative Uses
Best Use
Apartment 5plus
$362.0K
$316.8K – $422.3K
NOI $25,340 @ 7.0% cap · market cap 6.34%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$664.8K
$581.7K – $775.7K
NOI $46,539 @ 7.0% cap · market cap 11.63%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Lease Details
3
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
375
Businesses Nearby
Explore this area
Business Placement
Demographics for 29204, SC
18,059
Population
8,687
Households
2.1
Avg Household Size
38
Median Age
39%
College-Educated
90%
High-School Grad
6.4 sq mi
ZIP Area
2,822
Density / Sq Mi
$49,745
Median Household Income
$32,288
Median Earnings
$993
Median Rent
$185,800
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/SF for Multifamily properties in Columbia, SC
Properties on Market for Multifamily properties in Columbia
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Multifamily property - Each residence has washer and dryer hookups and its own backyard space.
Where is this multifamily property located?
The property is located at 4019 Baldwin Columbia, SC.
What is the asking price?
The asking price for this property is $400,000.
What are key features of this property?
This property features: Three rental residences on one lot: a 3‑bedroom home and two 2‑bedroom duplex units; Each residence has 1 bathroom; Washer and dryer hookups and a private backyard for each unit
