One-Level Duplex with Private
For Sale
$325,000
Pending
52 Briarcliff Drive, Greenville, SC 29607
Two separate residences combine flexible living arrangements with individual outdoor space and convenient access to Greenville destinations.
Property Size1,950 SF
Days on Market11
Property Features for 52 Briarcliff Drive
General Information
Standard status
Pending
Size
1,950 SF
Property subtype
Duplex
Units
Unit Mix
2 x 1BR/1BA
Multifamily Units
2
Additional Details
Highway Access
Yes
Amenities
decorative brick fireplace
covered bungalow front porch
private backyard
Acres: 0.22, Area: 9583.2, Square Feet: 9583.2
Roof: Composition
Sewer: Public Sewer
Tax Annual Amount: $2,261
Cooling Included, Cooling: Central Forced, Other
Heating Included, Heating: Forced Air, Other
Close Date: 2026-08-21, Contract Status Change Date: 2026-08-02, Listing Terms: None, Standard Status: Pending
Parking Features: Off Street
Elementary School: East North St, Middle Or Junior School: Greenville, High School: Greenville
2 total bedrooms
Built in 1950, Construction Materials: Wood Siding, Brick Veneer, Levels: One, Stories: 1
City: Greenville, County Or Parish: Greenville, MLS Area Major: 071, Postal Code: 29607, State Or Province: SC, Subdivision Name: Overbrook
Number Of Units Total: 2, Parcel Number: 0192000301501, Property Condition: 50+, Property Sub Type: Duplex
2 full bathrooms, 2 total bathrooms
Water Source: Public
Foundation Details: Crawl Space
Patio And Porch Features: Unit 1: Porch-Front, Unit 2: Porch-Front
Appliances: Electric Water Heater
Building Details
Building Size
1,950 SF
Year Built
1950
Buildings
1
Stories
1
Listing Agency:
Marchant Real Estate Inc.
(864) 467-0085
Listed By:
Jill J Norman
(864) 920-0303
Source:
Blackstreaminternational
Added: Aug 1
Changed: Aug 11
Last Checked: Aug 11 at 5:51AM
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 Marchant Real Estate Inc.
Investment Insights
Based on property information with market context.
Built in 1950, this one-story duplex contains approximately 1,700 square feet arranged as two separate 1-bedroom, 1-bath units. Both residences include a den with high ceilings, a decorative brick fireplace, pantry storage, and a private level backyard. The property also features a covered bungalow-style front porch. Unit B has updated kitchen cabinetry and a renovated bathroom with a tub/shower combination and study.
The property is located at 52 Briarcliff Drive in Greenville, within walking distance of the Fork and Plough restaurant and a short drive from Harris Teeter. Downtown Greenville is minutes away, while access to I-385 connects the property with Prisma Health's Eastside Hospital. A recent home inspection is available for buyer review.
The property is located at 52 Briarcliff Drive in Greenville, within walking distance of the Fork and Plough restaurant and a short drive from Harris Teeter. Downtown Greenville is minutes away, while access to I-385 connects the property with Prisma Health's Eastside Hospital. A recent home inspection is available for buyer review.
Key Highlights
- Two separate 1‑bedroom, 1‑bath units
- Approximately 1,700 square feet
- Built in 1950
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$17,273
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
5.31%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$345,460
$345.5K
Cap Rate 7%
$246,757
$246.8K
Cap Rate 9%
$191,922
$191.9K
Market Conditions
NOI Build-Up for 1,700 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$26.1K $15.36/SF
− Vacancy
−$1.4K −$0.84/SF
EGI
$24.7K $14.52/SF
− OpEx
−$7.4K −$4.35/SF
NOI
$17.3K $10.16/SF
Area
Greenville County, SC
Vacancy
5.50%
Lease Rate
$15.36 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$345,460
Cap Rate 7%
$246,757
Cap Rate 9%
$191,922
Alternative Uses
Best Use
Multifamily LT 5
$246.8K
$215.9K – $287.9K
NOI $17,273 @ 7.0% cap · market cap 5.31%
Second Best
Apartment 5plus
$220.8K
$193.2K – $257.6K
NOI $15,456 @ 7.0% cap · market cap 4.76%
Theoretical Best
Office A
$726.3K
$635.6K – $847.4K
NOI $50,844 @ 7.0% cap · market cap 15.64%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
519
Businesses Nearby
Explore this area
Business Placement
Demographics for 29607, SC
44,216
Population
22,288
Households
2
Avg Household Size
35
Median Age
50%
College-Educated
94%
High-School Grad
29.0 sq mi
ZIP Area
1,525
Density / Sq Mi
$69,249
Median Household Income
$46,549
Median Earnings
$1,339
Median Rent
$315,100
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Two separate residences combine flexible living arrangements with individual outdoor space and convenient access to Greenville destinations.
Where is this duplex located?
The property is located at 52 Briarcliff Drive Greenville, 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: Two separate 1‑bedroom, 1‑bath units; Approximately 1,700 square feet; Built in 1950
