Income-Generating Triplex with Private
For Sale
$237,000
7 Edgewood Drive A B C, Ware Shoals, SC 29692
Triplex includes three 2-bedroom, 1-bath units with a shared water meter and separate electric and gas meters.
Property Size1,958 SF
Days on Market104
Property Features for 7 Edgewood Drive A B C
General Information
Standard status
Active
Size
1,958 SF
Property subtype
Duplex
Additional Details
Business Included
Yes
Fenced Yard
Yes
Multifamily Units
3
Amenities
0.3 acres, CityLot, Subdivision
Architectural, Shingle
PublicSewer
Parcel Number: 6923-211-669, Annual Amount: $6,364, Year: 2026
SeeRemarks, WindowUnits
SeeRemarks
Listing ID: 20303887, Standard Status: Active, MLS Status: Active, Property Subtype: Duplex, On market as of 2026-07-18
Elementary School: Ware Shoals Elementary, Middle School: Ware Shoals Middle, High School: Ware Shoals High School
CrawlSpace
Built in 1958, Year Built Details: Over 50 Years, Levels: Two, Construction Materials: Brick
MLS Area (Major): 520-Greenwood County,SC, County/Parish: Greenwood
Water Source: Public
Crawlspace
CloseOfEscrow
Oven, Range, Refrigerator
Building Details
Building Size
1,958 SF
Year Built
1958
Tenancy
Multi
Listing Agency:
eXp Realty - Clever People
Listed By:
The Clever People
(864) 940-3777
Source:
Blackstreaminternational
Added: Jul 18
Changed: Oct 29
Last Checked: Oct 28 at 7:20AM
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 eXp Realty - Clever People
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Investment Insights
Based on property information with market context.
This income-producing triplex features three 2-bedroom, 1-bath units under one roof. Units A and B are mirror-image layouts and include hardwood floors in the bedrooms, washer/dryer connections, and an electric range and refrigerator in each kitchen. Unit C provides a separate private entrance at the rear along with an exclusive fenced backyard.
The three units share a single water meter, while electric and gas are separately metered to each unit. A central heat and air system is installed but is not currently operational and will be sold as-is.
Units A and B are on flexible month-to-month terms, and Unit C is vacant, allowing the next owner to occupy, re-lease, or reposition from day one.
The three units share a single water meter, while electric and gas are separately metered to each unit. A central heat and air system is installed but is not currently operational and will be sold as-is.
Units A and B are on flexible month-to-month terms, and Unit C is vacant, allowing the next owner to occupy, re-lease, or reposition from day one.
Key Highlights
- Income‑producing triplex built in 1958 with three 2‑bedroom, 1‑bath units under one roof
- Units A and B have mirror‑image layouts with hardwood floors in the bedrooms, washer/dryer connections, and electric range and refrigerator
- Unit C has a private rear entrance plus an exclusive fenced backyard
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$9,660
Cap Rate
4.08%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$193,200
$193.2K
Cap Rate 7%
$138,000
$138.0K
Cap Rate 9%
$107,333
$107.3K
Market Conditions
NOI Build-Up for 1,958 SF
Gross rent
$20.0K $10.20/SF
− Vacancy
−$6.2K −$3.15/SF
EGI
$13.8K $7.05/SF
− OpEx
−$4.1K −$2.11/SF
NOI
$9.7K $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%
$193,200
Cap Rate 7%
$138,000
Cap Rate 9%
$107,333
Alternative Uses
Best Use
Multifamily LT 5
$138.0K
$120.8K – $161.0K
NOI $9,660 @ 7.0% cap · market cap 4.08%
Second Best
Apartment 5plus
$96.0K
$84.0K – $112.0K
NOI $6,719 @ 7.0% cap · market cap 2.84%
Theoretical Best
Office A
$615.1K
$538.2K – $717.6K
NOI $43,056 @ 7.0% cap · market cap 18.17%
Zoning and permitted uses should be independently verified with authorities.
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Open Analytics
Lease Details
3
Residential units
Multi-tenant
Tenancy
Turnkey business
Opportunity
Yes
Fenced yard
Location Intelligence
Trade Area within ½ mile
135
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 - Triplex includes three 2-bedroom, 1-bath units with a shared water meter and separate electric and gas meters.
Where is this triplex located?
The property is located at 7 Edgewood Drive A B C 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: Income‑producing triplex built in 1958 with three 2‑bedroom, 1‑bath units under one roof; Units A and B have mirror‑image layouts with hardwood floors in the bedrooms, washer/dryer connections, and electric range and refrigerator; Unit C has a private rear entrance plus an exclusive fenced backyard
