Duplex with Paved Off-Street
For Sale
$258,000
4110 E Croft Circle, Spartanburg, SC 29302
Two rental units include washer-dryer hookups and access to a paved off-street parking area.
Property Size1,400 SF
Price / SF$184.29
Days on Market49
Property Features for 4110 E Croft Circle
General Information
Standard status
Active
Size
1,400 SF
Property subtype
Multi-Family
Additional Details
Multifamily Units
2
Amenities
off-street parking
washer/dryer hookups
fire pit
Building Details
Year Built
1976
Listing Agency:
Shawntel Lovings-Miller, Realty One Group Freedom
Listed By:
XSell Upstate
(864) 659-7355
Source:
Xsellupstate
Added: Sep 11
Changed: Oct 27
Last Checked: Oct 28 at 8:19AM
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 Shawntel Lovings-Miller, Realty One Group Freedom
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Investment Insights
Based on property information with market context.
This duplex at 4110 E Croft Circle includes two residential units within a 1,400-square-foot property built in 1976. Both sides have washer-dryer hookups; the washer and dryer units themselves do not convey. A paved off-street parking area serves the property, and the yard includes a fire pit.
The property is 6 minutes from the School of Deaf & Blind, 13 minutes from Converse College and Wofford College, and 15 minutes from Spartanburg Regional Medical Center. Camp Croft Park is 3.8 miles away and offers hiking and biking trails.
The property is 6 minutes from the School of Deaf & Blind, 13 minutes from Converse College and Wofford College, and 15 minutes from Spartanburg Regional Medical Center. Camp Croft Park is 3.8 miles away and offers hiking and biking trails.
Key Highlights
- Two‑unit duplex with 1,400 square feet of property size
- Built in 1976
- Paved off‑street parking area
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$12,513
Cap Rate
4.85%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$250,260
$250.3K
Cap Rate 7%
$178,757
$178.8K
Cap Rate 9%
$139,033
$139.0K
Market Conditions
NOI Build-Up for 1,400 SF
Gross rent
$18.8K $13.44/SF
− Vacancy
−$941 −$0.67/SF
EGI
$17.9K $12.77/SF
− OpEx
−$5.4K −$3.83/SF
NOI
$12.5K $8.94/SF
Area
Spartanburg County, SC
Vacancy
5.00%
Lease Rate
$13.44 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$250,260
Cap Rate 7%
$178,757
Cap Rate 9%
$139,033
Alternative Uses
Best Use
Multifamily LT 5
$178.8K
$156.4K – $208.6K
NOI $12,513 @ 7.0% cap · market cap 4.85%
Second Best
Apartment 5plus
$164.7K
$144.1K – $192.1K
NOI $11,526 @ 7.0% cap · market cap 4.47%
Theoretical Best
Warehouse
$1.09M
$951.0K – $1.27M
NOI $76,080 @ 7.0% cap · market cap 29.49%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
52
Businesses Nearby
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Business Placement
Demographics for 29302, SC
17,356
Population
8,169
Households
2.1
Avg Household Size
42
Median Age
41%
College-Educated
92%
High-School Grad
50.7 sq mi
ZIP Area
342
Density / Sq Mi
$77,428
Median Household Income
$44,476
Median Earnings
$1,031
Median Rent
$264,000
Median Home Value
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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - Two rental units include washer-dryer hookups and access to a paved off-street parking area.
Where is this duplex located?
The property is located at 4110 E Croft Circle Spartanburg, SC.
What is the asking price?
The asking price for this property is $258,000.
What are key features of this property?
This property features: Two‑unit duplex with 1,400 square feet of property size; Built in 1976; Paved off‑street parking area
