For Sale
$525,000
624 S Waccamaw Avenue, Columbia, SC 29208
The 1940-built property is configured as a duplex.
Property Size1,479 SF
Price / SF$354.97
Days on Market13
Property Features for 624 S Waccamaw Avenue
General Information
Standard status
Active
Size
1,479 SF
Property subtype
Duplex
Amenities
Lot Size: 0, Lawn: Owner
Sewer: Owner, Sewer: Public
Central
Heating: Tenant, Central
Listed on 2026-09-24
8 parking spaces, Unassigned
School District: Richland One, Elementary School: A.C. Moore, High School: Dreher, Middle School: Hand
Area: Columbia - South, Subdivision: ROSEWOOD, County: Richland, Geo Latitude: 33.982139, Geo Longitude: -81.008822
4 total units
Rent is 1250, 2 bedrooms, 5 rooms, 1 full bath
Rent is 1225, 2 bedrooms, 5 rooms, 1 full bath
4 total bathrooms, 4 full baths
2 bedrooms, 5 rooms, 1 full bath
Gas: Tenant, Electric: Tenant, Cable: Tenant, Trash: Owner
Crawl Space
Water: Owner, Public
Building Details
Year Built
1940
Listing Agency:
Bollin Ligon Walker Realtors
(803) 256-6287
Listed By:
Laine Ligon Jr
(864) 920-0303
Source:
Blackstreaminternational
Added: Sep 24
Changed: Oct 6
Last Checked: Oct 5 at 6:38PM
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 Bollin Ligon Walker Realtors
Investment Insights
Based on property information with market context.
Located at 624 S Waccamaw Avenue in Columbia, this duplex contains 1,479 square feet. The property was built in 1940.
Key Highlights
- 1,479 square feet
- Built in 1940
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$15,849
Cap Rate
3.02%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$316,980
$317.0K
Cap Rate 7%
$226,414
$226.4K
Cap Rate 9%
$176,100
$176.1K
Market Conditions
NOI Build-Up for 1,479 SF
Gross rent
$24.0K $16.20/SF
− Vacancy
−$1.3K −$0.89/SF
EGI
$22.6K $15.31/SF
− OpEx
−$6.8K −$4.59/SF
NOI
$15.8K $10.72/SF
Area
Columbia, SC
Vacancy
5.50%
Lease Rate
$16.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$316,980
Cap Rate 7%
$226,414
Cap Rate 9%
$176,100
Alternative Uses
Best Use
Multifamily LT 5
$226.4K
$198.1K – $264.2K
NOI $15,849 @ 7.0% cap · market cap 3.02%
Second Best
Apartment 5plus
$198.3K
$173.5K – $231.4K
NOI $13,881 @ 7.0% cap · market cap 2.64%
Theoretical Best
Office A
$364.2K
$318.7K – $424.9K
NOI $25,493 @ 7.0% cap · market cap 4.86%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
582
Businesses Nearby
Explore this area
Business Placement
Demographics for 29208, SC
2,330
Population
10
Households
233
Avg Household Size
16
Median Age
13%
College-Educated
100%
High-School Grad
0.1 sq mi
ZIP Area
23,300
Density / Sq Mi
$4,281
Median Earnings
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in South region
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Frequently Asked Questions
What type of property is this?
Duplex - The 1940-built property is configured as a duplex.
Where is this duplex located?
The property is located at 624 S Waccamaw Avenue Columbia, SC.
What is the asking price?
The asking price for this property is $525,000.
What are key features of this property?
This property features: 1,479 square feet; Built in 1940
