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Turnkey Duplex Income Property

802 Kings Ct Greenwood, SC 29646

Claim this Listing
For Sale
$119,900

MULTI_FAMILY - Greenwood, SC

Property size:
1,820 SF
Price / SF:
$65.88/SF
Added:
Apr 5, 2026
Days on Market:
101
Last Refresh:
Jul 14 at 4:06 am

Property Features for 802 Kings Ct

General Information

Property type
Residential Multi Family
Property subtype
Other
Bedrooms
4
Bathrooms
2
Rooms
Bathroom 1, Bedroom 1, Bathroom 2, Bedroom 2, Bedroom 3, Bedroom 4
Standard status
Active
Size
1,820 SF

Taxes and HOA fees

Tax Annual Amount
2117

Utilities

Utilities
Natural Gas Available
Cooling system
Window Unit(s)

Building Details

Year built
1982
Floors in Building
1
Number of units
2
Building materials
Vinyl Siding

Listing agent Richenda Brown

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

Listing date Apr 5, 2026

MLS# 139542 Listing URL

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 provides two separate residential units under one roof, for a total of 1,820 square feet. Each side includes 2 bedrooms and 1 full bath, and both layouts are described as open and spacious. One unit is currently tenant-occupied and generating $800 per month, while the second unit is vacant and available for immediate rental or for an owner to move in. 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 presentation for the next tenant.

Located within city limits in Greenwood, South Carolina at 802 Kings Ct, the property is positioned for convenient access to Greenwood amenities and services. With both units already configured for standard residential tenancy, the duplex can be operated as a straightforward two-door rental setup.

For investors, the duplex offers an income-producing tenant in place plus a second unit ready to lease. For owner-occupants, one side can help offset housing costs while maintaining the flexibility to occupy the refreshed vacant unit. The existing unit layout and recent flooring updates on the vacant side are practical details for anyone looking to keep turnover straightforward and reduce near-term maintenance demands.

Key Highlights

  • Duplex built in 1982 with vinyl siding and window unit cooling
  • Total 1,820 SF across 2 units, with each unit offering 2 bedrooms and 1 full bath
  • One unit tenant‑occupied generating $800/month; second unit is vacant and ready for 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

Property Profile Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Electrical Service HVAC Service Parking Lot & Garage (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Skin Care Clinic Kitchen & Bath Showroom (Bike/Boat/Book/etc) Store Computer & Electronic Repair Pet Store & Service

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

FAQs

What type of property is this?
Duplex - Two-unit duplex in Greenwood with one tenant-occupied side and a refreshed vacant unit ready for immediate occupancy.
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 $119,900.
What are key features of this property?
This property features: Duplex built in 1982 with vinyl siding and window unit cooling; Total 1,820 SF across 2 units, with each unit offering 2 bedrooms and 1 full bath; One unit tenant‑occupied generating $800/month; second unit is vacant and ready for occupancy
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