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    Turnkey Duplex Income Property Title is generated by Realmo AI

    802 Kings Ct, Greenwood, SC 29646

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    Two-unit duplex with one leased side and an updated vacant unit ready for immediate occupancy in city limits.

    Type:Multifamily
    Property size:
    1,800 SF
    Price / SF:
    $80/SF
    Added:
    Jun 15, 2026
    Days on Market:
    7
    Last Refresh:
    Jun 20 at 2:56 am

    Property Features for 802 Kings Ct

    General Information

    Standard status
    Active
    Size
    1,800 SF
    Property subtype
    Multifamily

    Building Details

    Year Built
    1982

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    Listing Contact
    Renee Simchon

    Listing agent Renee Simchon License #SC

    Listing office Greenwood Realty Inc

    Listing date Jun 15, 2026

    Source Crexi

    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 Greenwood Realty Inc

    HighLights

    • Duplex built in 1982 with 2 units and a total of 1,820 SF
    • Each unit offers 2 bedrooms and 1 full bath
    • One side is tenant‑occupied generating $800/month rent
    • Second unit is vacant and ready for immediate occupancy
    • Vacant side has new carpet in the bedrooms and luxury vinyl flooring in main living areas
    • Potential gross rental income of $1,600/month; located within Greenwood city limits

    Overview

    This turnkey duplex offers two separate residential units within one property. Each side provides an open, spacious-feeling layout with two bedrooms and one full bathroom. The property totals 1,820 square feet, giving each unit a comfortable arrangement for everyday living. One unit is currently tenant-occupied, while the second unit is vacant and ready to rent.

    The vacant side has been refreshed with new carpet in the bedrooms and durable luxury vinyl flooring throughout the main living areas, supporting an easy, low-maintenance tenant experience. Located within the city limits in Greenwood, the property is positioned for convenient access to everyday needs.

    For investors, the current lease in one unit provides immediate rental income, while the second unit can be brought online for additional revenue. Owner-occupants may also find the layout practical for offsetting housing costs by living in one side and renting the other. With the vacant unit already updated and available, this duplex is designed to reduce downtime between turns and support straightforward occupancy planning.

    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 $18.4k $10.20
    − Vacancy −$5.7k −$3.15
    EGI $12.7k $7.05
    − OpEx −$3.8k −$2.11
    NOI $8.9k $4.93
    1,800 SF · lease $10.20/SF/yr · vacancy 30.90% · expense 30.00%

    Alternative Uses

    Best Use
    Multifamily LT 5
    $126.9K
    $111.0K – $148.0K (±1% cap)
    NOI $8,881 @ 7.0% cap · market cap 6.12%
    Second Best
    Apartment 5plus
    $88.2K
    $77.2K – $103.0K (±1% cap)
    NOI $6,177 @ 7.0% cap · market cap 4.26%
    Theoretical Best
    Office A
    $565.4K
    $494.8K – $659.7K (±1% cap)
    NOI $39,581 @ 7.0% cap · market cap 27.30%
    Zoning and permitted uses should be independently verified with local authorities.
    Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Greenwood
    County
    Greenwood
    State
    South Carolina
    Longitude
    -82.1526684
    Latitude
    34.1870657

    FAQs

    What type of property is this?
    Duplex - Two-unit duplex with one leased side and an updated vacant unit ready for immediate occupancy in city limits.
    Where is this duplex located?
    The property is located at 802 Kings Ct Greenwood, SC.
    What is the asking price?
    The asking price for this property is $145,000.
    What are key features of this property?
    This property features: Duplex built in 1982 with 2 units and a total of 1,820 SF; Each unit offers 2 bedrooms and 1 full bath; One side is tenant‑occupied generating $800/month rent
    More about this property
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