Two-Unit Duplex with Updated
802 Kings Court, Greenwood, SC 29646
For Sale
New
$119,900
MULTIFAMILY, Greenwood, SC
Property Size1,820 SF
Lot Size0.22 Acres
Price / SF$65.88
Days on Market5
Property Features for 802 Kings Court
General Information
Property type
Property subtype
Elementary school district
Middle school district
High school district
Directions
Subdivision
Standard status
Lot size
Additional Details
Tenant in Place
Taxes and HOA fees
Tax Year
Tax Annual Amount
Utilities
Sewer type
Water source
Building Details
Floors in Building
Roof type
Listing Agency:
Century 21 Blackwell & Co · Century 21 Real Estate
(864) 578-2120
Listed By:
Preston Inglee · License #100294
(864) 752-5255
Added: Nov 5
Last Checked: Nov 9 at 5:06AM
MLS# 343489
Copyright © 2026 Spartanburg Association of REALTORS, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
Based on property information with market context.
This duplex contains two separate residences, each arranged with two bedrooms, one full bathroom, and an open living plan. The building totals approximately 1,820 square feet. One unit is occupied by a tenant, while the vacant unit has new bedroom carpet and luxury vinyl flooring in its main living areas.
The property occupies a 0.22-acre lot within Greenwood city limits. Public water and public sewer serve the site, and the roof is composition.
The property occupies a 0.22-acre lot within Greenwood city limits. Public water and public sewer serve the site, and the roof is composition.
Key Highlights
- Two units, each with 2 bedrooms and 1 full bath
- Approximately 1,820 square feet across an open‑layout duplex
- One unit is tenant‑occupied; the second unit is vacant
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$8,979
Cap Rate
7.49%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$179,580
$179.6K
Cap Rate 7%
$128,271
$128.3K
Cap Rate 9%
$99,767
$99.8K
Market Conditions
NOI Build-Up for 1,820 SF
Gross rent
$18.6K $10.20/SF
− Vacancy
−$5.7K −$3.15/SF
EGI
$12.8K $7.05/SF
− OpEx
−$3.8K −$2.11/SF
NOI
$9.0K $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%
$179,580
Cap Rate 7%
$128,271
Cap Rate 9%
$99,767
Alternative Uses
Best Use
Multifamily LT 5
$128.3K
$112.2K – $149.7K
NOI $8,979 @ 7.0% cap · market cap 7.49%
Second Best
Apartment 5plus
$89.2K
$78.1K – $104.1K
NOI $6,245 @ 7.0% cap · market cap 5.21%
Theoretical Best
Office A
$571.7K
$500.3K – $667.0K
NOI $40,021 @ 7.0% cap · market cap 33.38%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
764
Businesses Nearby
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Business Placement
Demographics for 29646, SC
26,783
Population
12,316
Households
2.2
Avg Household Size
40
Median Age
20%
College-Educated
84%
High-School Grad
101.4 sq mi
ZIP Area
264
Density / Sq Mi
$41,669
Median Household Income
$37,556
Median Earnings
$818
Median Rent
$130,900
Median Home Value
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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - Each residence has two bedrooms, one full bath, and an open layout; one is occupied and the other is vacant.
Where is this duplex located?
The property is located at 802 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: Two units, each with 2 bedrooms and 1 full bath; Approximately 1,820 square feet across an open‑layout duplex; One unit is tenant‑occupied; the second unit is vacant
