New Two-Unit
For Sale
$419,000
7 Robin Hood Road, Taylors, SC 29687
Separate entrances and updated interior finishes support flexible occupancy across both residential units.
Property Size2,540 SF
Price / SF$164.96
Days on Market160
Property Features for 7 Robin Hood Road
General Information
Standard status
Active
Size
2,540 SF
Property subtype
Multi-Family / Duplex
Taxes and HOA fees
Annual Taxes
$7,716
Amenities
Electric
Central Forced, Electric
Electric, Heat Punp
Architectural
2
Other/See Remarks
Vinyl Siding
Building Details
Year Built
2024
Listing Agency:
Acacia Realty Advisors, LLC
(864) 360-6818
Listed By:
Kyle Johnson · License #91032
Source:
Compass
Added: Mar 26
Changed: Aug 31
Last Checked: Aug 30 at 8:37AM
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 Acacia Realty Advisors, LLC
Investment Insights
Based on property information with market context.
Completed in 2024, this 2,540-square-foot duplex contains two residential units, each with two bedrooms, two and one-half bathrooms, and its own entrance. The interiors include LVT flooring, quartz kitchen countertops, and granite bathroom surfaces. Architectural shingles and vinyl siding complete the exterior, while electric systems include central forced-air equipment and heat pumps.
The property is located in Taylors with access to Greenville and Greer. Three additional duplexes are available nearby, providing a documented opportunity to acquire multiple properties in the area. Current unit rents range from $1,460 to $1,525, with the higher figure associated with recent renewals.
The property is located in Taylors with access to Greenville and Greer. Three additional duplexes are available nearby, providing a documented opportunity to acquire multiple properties in the area. Current unit rents range from $1,460 to $1,525, with the higher figure associated with recent renewals.
Key Highlights
- 2024 construction with 2,540 square feet
- Two units, each with 2 bedrooms and 2.5 bathrooms
- Separate entrances for each side of the duplex
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
$25,808
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
6.16%
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%
$516,160
$516.2K
Cap Rate 7%
$368,686
$368.7K
Cap Rate 9%
$286,756
$286.8K
Market Conditions
NOI Build-Up for 2,540 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
$39.0K $15.36/SF
− Vacancy
−$2.1K −$0.84/SF
EGI
$36.9K $14.52/SF
− OpEx
−$11.1K −$4.35/SF
NOI
$25.8K $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%
$516,160
Cap Rate 7%
$368,686
Cap Rate 9%
$286,756
Alternative Uses
Best Use
Multifamily LT 5
$368.7K
$322.6K – $430.1K
NOI $25,808 @ 7.0% cap · market cap 6.16%
Second Best
Apartment 5plus
$329.9K
$288.7K – $384.9K
NOI $23,092 @ 7.0% cap · market cap 5.51%
Theoretical Best
Office A
$1.09M
$949.6K – $1.27M
NOI $75,967 @ 7.0% cap · market cap 18.13%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
151
Businesses Nearby
Explore this area
Business Placement
Demographics for 29687, SC
44,124
Population
18,606
Households
2.4
Avg Household Size
40
Median Age
39%
College-Educated
93%
High-School Grad
48.2 sq mi
ZIP Area
915
Density / Sq Mi
$73,379
Median Household Income
$40,601
Median Earnings
$1,170
Median Rent
$247,400
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 - Separate entrances and updated interior finishes support flexible occupancy across both residential units.
Where is this duplex located?
The property is located at 7 Robin Hood Road Taylors, SC.
What is the asking price?
The asking price for this property is $419,000.
What are key features of this property?
This property features: 2024 construction with 2,540 square feet; Two units, each with 2 bedrooms and 2.5 bathrooms; Separate entrances for each side of the duplex
