Brick Triplex with Private
For Sale
$237,000
7 Edgewood Dr, Ware Shoals, SC 29692
Residential Income, Ware Shoals, SC
Property Size2,713 SF
Lot Size0.30 Acres
Price / SF$87.36
Days on Market94
Property Features for 7 Edgewood Dr
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Bedrooms
6
Bathrooms
3
Full bathrooms
3
Rooms
Bathroom 1, Bedroom 3, Bedroom 6, Bedroom 5, Bathroom 3, Bedroom 1, Bathroom 2, Bedroom 2, Bedroom 4
Subdivision
Greenwood County - Ware Shoals
Standard status
Active
Size
2,713 SF
Lot size
0.30 Acres
Taxes and HOA fees
Tax Annual Amount
6364
Utilities
Utilities
Natural Gas Available
Cooling system
Window Unit(s)
Amenities
hardwood floors
washer/dryer connections
electric range and refrigerator
private entrance
fenced backyard
central heat and air system
Building Details
Year built
1958
Floors in Building
2
Number of units
3
Building materials
Brick
Listing Agency:
eXp Realty LLC (Anderson)
(864) 940-3777
Listed By:
Scott Woodbury
(864) 245-6235
Added: Jul 18
Changed: Sep 16
Last Checked: Oct 19 at 8:06PM
MLS# 140236
Copyright © 2026 Greenwood 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 brick triplex contains three two-bedroom, one-bath units within a 2,713-square-foot building constructed in 1958. Units A and B have matching layouts with hardwood flooring in the bedrooms, washer and dryer connections, electric ranges, and refrigerators. Unit C has a separate rear entry and its own fenced backyard. Window units provide cooling, while the central heating and air system is not operational and the property is being sold as-is.
The 0.3-acre property includes three residential units at 7 Edgewood Dr in Ware Shoals, SC. Units A and B are leased month-to-month, while Unit C is vacant. Water is supplied through one shared meter; electric and natural gas are separately metered for each unit. Natural gas is available at the property.
The 0.3-acre property includes three residential units at 7 Edgewood Dr in Ware Shoals, SC. Units A and B are leased month-to-month, while Unit C is vacant. Water is supplied through one shared meter; electric and natural gas are separately metered for each unit. Natural gas is available at the property.
Key Highlights
- Three two‑bedroom, one‑bath units in a 2,713‑square‑foot triplex
- Brick construction; built in 1958
- Unit C includes a separate rear entrance and fenced backyard
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$13,385
Cap Rate
5.65%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$267,700
$267.7K
Cap Rate 7%
$191,214
$191.2K
Cap Rate 9%
$148,722
$148.7K
Market Conditions
NOI Build-Up for 2,713 SF
Gross rent
$27.7K $10.20/SF
− Vacancy
−$8.6K −$3.15/SF
EGI
$19.1K $7.05/SF
− OpEx
−$5.7K −$2.11/SF
NOI
$13.4K $4.93/SF
Area
Greenwood County, SC
Vacancy
30.90%
Lease Rate
$10.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$267,700
Cap Rate 7%
$191,214
Cap Rate 9%
$148,722
Alternative Uses
Best Use
Multifamily LT 5
$191.2K
$167.3K – $223.1K
NOI $13,385 @ 7.0% cap · market cap 5.65%
Second Best
Apartment 5plus
$133.0K
$116.4K – $155.2K
NOI $9,310 @ 7.0% cap · market cap 3.93%
Theoretical Best
Office A
$852.3K
$745.7K – $994.3K
NOI $59,658 @ 7.0% cap · market cap 25.17%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Open Analytics
Lease Details
3
Residential units
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
132
Businesses Nearby
Explore this area
Business Placement
Demographics for 29692, SC
4,602
Population
2,630
Households
1.7
Avg Household Size
44
Median Age
17%
College-Educated
85%
High-School Grad
48.6 sq mi
ZIP Area
95
Density / Sq Mi
$42,533
Median Household Income
$32,128
Median Earnings
$744
Median Rent
$95,200
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Triplex - Three residential units offer separate electric and gas metering, with one unit currently vacant for flexible occupancy planning.
Where is this triplex located?
The property is located at 7 Edgewood Dr Ware Shoals, SC.
What is the asking price?
The asking price for this property is $237,000.
What are key features of this property?
This property features: Three two‑bedroom, one‑bath units in a 2,713‑square‑foot triplex; Brick construction; built in 1958; Unit C includes a separate rear entrance and fenced backyard
