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616 Clarendon Place, Aiken, SC, 29801
Single-Level 2BR Senior Residence

616 Clarendon Place Aiken, SC 29801

For Sale
$239,000

MULTI_FAMILY - Aiken, SC

Property Size1,811 SF
Lot Size0.11 Acres
Price / SF$131.97
Days on Market232

Property Features for 616 Clarendon Place

General Information

Property type Residential Multi Family
Property subtype Duplex
Bedrooms 2
Bathrooms 2
Rooms Bedroom 2, Bedroom 1, Bathroom 2, Bathroom 1
Parking features Open, Driveway
Patio and Porch features Porch
Interior features Walk-In Closet(s), Bedroom on 1st Floor, Cathedral Ceiling(s), Primary Downstairs
Appliances Range, Self Cleaning Oven
Standard status Active
APN 0871612016
Size 1,811 SF
Lot size 0.11 Acres

Utilities

Sewer type Public Sewer
Cooling system Central Air
Water source Public

Building Details

Year built 1985
Floors in Building 1
Flooring type Laminate, Tile, Carpet
Building materials Brick
Roof type Composition
Listing Agency: Woodside - Aiken Realty LLC
Listed By: Pat A Roberts · License #SC24636
Added: Dec 10, 2025 Changed: Jul 29 Last Checked: Jul 30 at 3:06AM
MLS# 220827

Copyright © 2026 Aiken 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.

Kalmia Landing offers 55+ living in an exclusive gated community. The property is an all-brick, all-one-level updated 2-bedroom, 2-bath home featuring vaulted ceilings, a laundry room, and flex space in addition to the primary ensuite and guest room. The great room opens to a screened porch, and the galley-style kitchen includes abundant cabinetry. The surrounding yard and landscaping are described as maintenance-free.

Community amenities are centered around a centrally located clubhouse with a large gathering room and a fully-equipped kitchen, along with a library, billiards room, workout room, and a beauty salon. Additional on-site features include a member-only swimming pool, tennis/pickleball courts, a community pond, and green space.

Set within a community on tree-lined streets, the home is positioned as part of a larger residential setting that includes weekly events and a community calendar available through the listing remarks.

Key Highlights

  • All‑brick, all‑one‑level 2 bed/2 bath home built in 1985
  • Primary suite on the main level with walk‑in closet and vaulted/cathedral ceiling features
  • Central air cooling; flooring includes laminate, tile, and carpet

Financial Insights For Multifamily LT 5

Simulate Cap Rate and NOI

NOI Build-Up
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.

Component $ $/SF
Gross rent $25.0k $13.80
− Vacancy −$1.5k −$0.83
EGI $23.5k $12.97
− OpEx −$7.0k −$3.89
NOI $16.4k $9.08
1,811 SF · lease $13.80/SF/yr · vacancy 5.98% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$235.0K
$205.6K – $274.1K (±1% cap)
NOI $16,448 @ 7.0% cap · market cap 6.88%
Second Best
Apartment 5plus
$204.8K
$179.2K – $238.9K (±1% cap)
NOI $14,335 @ 7.0% cap · market cap 6.00%
Theoretical Best
Office A
$349.1K
$305.4K – $407.3K (±1% cap)
NOI $24,435 @ 7.0% cap · market cap 10.22%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Property Profile Location Intelligence

Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Building Supply HVAC Service Electrical Service Law Firm Locksmith

Zoning and permitted uses should be independently verified with authorities.

Frequently Asked Questions

What type of property is this?
Duplex - All-brick, updated 2BR/2BA home with vaulted ceilings and a screened porch within a gated 55+ community.
Where is this duplex located?
The property is located at 616 Clarendon Place Aiken, SC.
What is the asking price?
The asking price for this property is $239,000.
What are key features of this property?
This property features: All‑brick, all‑one‑level 2 bed/2 bath home built in 1985; Primary suite on the main level with walk‑in closet and vaulted/cathedral ceiling features; Central air cooling; flooring includes laminate, tile, and carpet
More about this property
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