Downtown Conway Triplex
510 Sycamore St., Conway, SC 29526
For Sale
$750,000
MULTI-FAMILY, Conway, SC
Property Size3,927 SF
Price / SF$190.99
Days on Market153
Property Features for 510 Sycamore St.
General Information
Property type
Property subtype
Lot features
Elementary school
Middle school
High school
Subdivision
Standard status
Size
Building Details
Year built
Number of units
Listing Agency:
Anchor Realty
(843) 365-5272
Listed By:
Jay McDowell · License SC #98372
(843) 798-1639
Added: Jun 15
Changed: Aug 19
Last Checked: Nov 14 at 12:06AM
MLS# 2615335
Copyright © 2026 Coastal Carolina Association of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
Based on property information with market context.
This multifamily offering includes three income-producing rental properties with a combined property size of 3,927 square feet. Built in 1946, the assets are currently occupied and provide a triplex-oriented residential income configuration in a single package.
The properties are located at 510 Sycamore St. in downtown Conway, South Carolina, near shopping, restaurants, entertainment, and everyday necessities. Their central setting places the rental homes within an established area of tenant-serving amenities and local services.
The properties are located at 510 Sycamore St. in downtown Conway, South Carolina, near shopping, restaurants, entertainment, and everyday necessities. Their central setting places the rental homes within an established area of tenant-serving amenities and local services.
Key Highlights
- Three income‑producing rental properties offered together
- Currently occupied rental properties
- Combined property size of 3,927 square feet
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$40,112
Cap Rate
5.35%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$802,240
$802.2K
Cap Rate 7%
$573,029
$573.0K
Cap Rate 9%
$445,689
$445.7K
Market Conditions
NOI Build-Up for 3,927 SF
Gross rent
$60.3K $15.36/SF
− Vacancy
−$3.0K −$0.77/SF
EGI
$57.3K $14.59/SF
− OpEx
−$17.2K −$4.38/SF
NOI
$40.1K $10.21/SF
Area
Horry County, SC
Vacancy
5.00%
Lease Rate
$15.36 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$802,240
Cap Rate 7%
$573,029
Cap Rate 9%
$445,689
Alternative Uses
Best Use
Multifamily LT 5
$573.0K
$501.4K – $668.5K
NOI $40,112 @ 7.0% cap · market cap 5.35%
Second Best
Apartment 5plus
$517.9K
$453.1K – $604.2K
NOI $36,251 @ 7.0% cap · market cap 4.83%
Theoretical Best
Office A
$995.3K
$870.9K – $1.16M
NOI $69,668 @ 7.0% cap · market cap 9.29%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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See the owner, sales and loan history
Open Analytics
Location Intelligence
Trade Area within ½ mile
141
Businesses Nearby
Explore this area
Business Placement
Demographics for 29526, SC
51,403
Population
20,301
Households
2.5
Avg Household Size
40
Median Age
23%
College-Educated
89%
High-School Grad
175.0 sq mi
ZIP Area
294
Density / Sq Mi
$66,490
Median Household Income
$28,341
Median Earnings
$943
Median Rent
$232,100
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/SF for Triplexes in Horry County, SC
Properties on Market for Triplexes in Horry County
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Triplex - Three occupied rental properties offer an established multifamily configuration near shopping, dining, entertainment, and daily necessities.
Where is this triplex located?
The property is located at 510 Sycamore St. Conway, SC.
What is the asking price?
The asking price for this property is $750,000.
What are key features of this property?
This property features: Three income‑producing rental properties offered together; Currently occupied rental properties; Combined property size of 3,927 square feet
