Historic Duplex with Private
For Sale
$325,000
Pending
52 Briarcliff Drive, Greenville, SC 29607
MULTI_FAMILY - Greenville, SC
Property Size1,700 SF
Lot Size0.22 Acres
Days on Market11
Property Features for 52 Briarcliff Drive
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Bedrooms
2
Bathrooms
2
Full bathrooms
2
Rooms
Bathroom 1, Bathroom 2, Bedroom 1, Bedroom 2
Parking features
Off Street
Subdivision
Overbrook
Elementary school
East North St
Middle school
Greenville
High school
Greenville
Standard status
Pending
APN
0192000301501
Lot size
0.22 Acres
Utilities
Heating system
Forced Air
Cooling system
Central Air
Water source
Public
Amenities
high ceilings
decorative brick fireplace
covered bungalow front porch
private backyard
Building Details
Year built
1950
Floors in Building
1
Number of units
2
Roof type
Composition
Listing Agency:
Marchant Real Estate Inc.
(864) 467-0085
Listed By:
Jill Norman
(864) 467-0085
Added: Aug 1
Changed: Aug 3
Last Checked: Aug 11 at 8:06PM
MLS# 1599467
Copyright © 2026 Greater Greenville 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.
Investment Insights
Based on property information with market context.
Historic Overbrook duplex with a one-level layout and two separate 1-bedroom, 1-bath units, totaling approximately 1,700 square feet. Each unit includes a spacious den with high ceilings and a decorative brick fireplace, plus kitchen pantry storage. The property has a classic 1950s covered bungalow front porch, and each unit features its own private, level backyard. Heating is forced air and cooling is central air. The roof is composition, and the water source is public. Off-street parking is available, and a recent home inspection is available for buyer review.
Unit B has been tastefully updated with newer kitchen cabinetry and a renovated bathroom with a tub/shower combination, along with a study. The duplex is located in the Overbrook community, within walking distance to the Fork and Plough and a short drive to Harris Teeter, with Downtown Greenville just minutes away. Convenient access to I-385 supports commuting to Prisma Health’s Eastside Hospital.
Unit B has been tastefully updated with newer kitchen cabinetry and a renovated bathroom with a tub/shower combination, along with a study. The duplex is located in the Overbrook community, within walking distance to the Fork and Plough and a short drive to Harris Teeter, with Downtown Greenville just minutes away. Convenient access to I-385 supports commuting to Prisma Health’s Eastside Hospital.
Key Highlights
- Two separate 1‑bedroom, 1‑bath units in a one‑level duplex totaling approximately 1,700 SF
- Each unit has a private, level backyard plus a classic covered bungalow front porch
- Unit B updates include newer kitchen cabinetry and a renovated bathroom with tub/shower combination plus study
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
Multi-tenant
Tenancy
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 - Duplex configured as two separate 1-bedroom, 1-bath units with central air, forced-air heat, and off-street parking.
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 in a one‑level duplex totaling approximately 1,700 SF; Each unit has a private, level backyard plus a classic covered bungalow front porch; Unit B updates include newer kitchen cabinetry and a renovated bathroom with tub/shower combination plus study
