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Turnkey 2-Unit Duplex

802 A/B Kings Court Greenwood, SC 29646

Claim this Listing
For Sale
$119,900

COMMERCIAL - Greenwood, SC

Property size:
1,820 SF
Lot size:
0.22 Acres
Price / SF:
$65.88/SF
Added:
Apr 4, 2026
Days on Market:
102
Last Refresh:
Jul 14 at 4:06 am

Property Features for 802 A/B Kings Court

General Information

Property type
Commercial Sale
Property subtype
Other
Zoning
Rm7
Standard status
Active
Size
1,820 SF
Lot size
0.22 Acres

Taxes and HOA fees

Tax Annual Amount
2117

Building Details

Year built
1982

Listing agent Richenda Brown

Listing office Greenwood Realty Inc. 225 Bypass 72W Suite C, Greenwood, SC

Listing date Apr 4, 2026

MLS# 139536

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.


Investment Insights

Based on property information with market context.

This turnkey duplex offers a total of 1,820 square feet across two mirrored units, with each side providing two bedrooms and one full bathroom. One unit is currently tenant-occupied, generating $800 per month, while the second unit is vacant and ready for immediate occupancy. The vacant side has been refreshed with brand new carpet in the bedrooms and durable luxury vinyl flooring throughout the main living areas, supporting a low-maintenance setup for a new tenant.

The property is located within city limits in Greenwood, South Carolina, and is zoned Rm7. The site sits on a 0.22-acre lot, supporting a residential income configuration intended for either investor ownership or owner-occupancy with a rental side.

For investors, the arrangement provides income from an already leased unit while maintaining the ability to re-lease the vacant side quickly. For owner-occupants, the duplex format allows you to live in one unit and offset housing costs with rent from the other. With the second unit already refreshed, the property is positioned for prompt rental use under an operator’s preferred lease and management approach.

Key Highlights

  • Turnkey duplex: Ideal for investors or owner‑occupants
  • Income potential: One unit rented at $800/month, with potential for $1,600/month gross income
  • Vacant unit: Ready for immediate rental income or owner occupancy

Local 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 $18.6k $10.20
− Vacancy −$5.7k −$3.15
EGI $12.8k $7.05
− OpEx −$3.8k −$2.11
NOI $9.0k $4.93
1,820 SF · lease $10.20/SF/yr · vacancy 30.90% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$128.3K
$112.2K – $149.7K (±1% cap)
NOI $8,979 @ 7.0% cap · market cap 7.49%
Second Best
Apartment 5plus
$89.2K
$78.1K – $104.1K (±1% cap)
NOI $6,245 @ 7.0% cap · market cap 5.21%
Theoretical Best
Office A
$571.7K
$500.3K – $667.0K (±1% cap)
NOI $40,021 @ 7.0% cap · market cap 33.38%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Location Intelligence

Current Use by Public Records

Duplexes

FAQs

What type of property is this?
Duplex - Two 2-bedroom, 1-bath units with one tenant-occupied and one refreshed, offering immediate rental flexibility.
Where is this duplex located?
The property is located at 802 A/B Kings Court Greenwood, SC.
What is the asking price?
The asking price for this property is $119,900.
What are key features of this property?
This property features: Turnkey duplex: Ideal for investors or owner‑occupants; Income potential: One unit rented at $800/month, with potential for $1,600/month gross income; Vacant unit: Ready for immediate rental income or owner occupancy
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