809 Woodlawn Avenue, Columbia, SC 29209
For Sale
New
$350,000
MULTI-FAMILY, Columbia, SC
Property Size2,470 SF
Price / SF$141.70
Days on Market1
Property Features for 809 Woodlawn Avenue
General Information
Property type
Property subtype
Bedrooms
Bathrooms
Full bathrooms
Rooms
Parking
Subdivision
Elementary school
Middle school
High school
Elementary school district
Middle school district
High school district
Directions
Standard status
Size
Additional Details
Tenant in Place
Utilities
Heating system
Cooling system
Water source
Building Details
Year built
Floors in Building
Number of units
Listing Agency:
Better Homes and Gardens Real Est Medley · Better Homes and Gardens Real Estate
Listed By:
Sarah Bennett · License SC #95942
(803) 828-3503
Added: Nov 13
Last Checked: Nov 13 at 11:06PM
MLS# 646837
Copyright © 2026 Consolidated MLS, SC. 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 2,470-square-foot triplex was built in 1943 and has central heating and air conditioning. Public water serves the property. Two units are occupied by tenants, while one is vacant.
The property is a short drive from Downtown Columbia, the University of South Carolina, the VA Hospital, Fort Jackson, and Shaw Air Force Base.
The property is a short drive from Downtown Columbia, the University of South Carolina, the VA Hospital, Fort Jackson, and Shaw Air Force Base.
Key Highlights
- Two units have tenants in place; one unit is vacant
- 2,470 square feet
- Built in 1943
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$26,469
Cap Rate
7.56%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$529,380
$529.4K
Cap Rate 7%
$378,129
$378.1K
Cap Rate 9%
$294,100
$294.1K
Market Conditions
NOI Build-Up for 2,470 SF
Gross rent
$40.0K $16.20/SF
− Vacancy
−$2.2K −$0.89/SF
EGI
$37.8K $15.31/SF
− OpEx
−$11.3K −$4.59/SF
NOI
$26.5K $10.72/SF
Area
Columbia, SC
Vacancy
5.50%
Lease Rate
$16.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$529,380
Cap Rate 7%
$378,129
Cap Rate 9%
$294,100
Alternative Uses
Best Use
Multifamily LT 5
$378.1K
$330.9K – $441.2K
NOI $26,469 @ 7.0% cap · market cap 7.56%
Second Best
Apartment 5plus
$331.2K
$289.8K – $386.4K
NOI $23,181 @ 7.0% cap · market cap 6.62%
Theoretical Best
Office A
$608.2K
$532.2K – $709.6K
NOI $42,575 @ 7.0% cap · market cap 12.16%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
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Open Analytics
Lease Details
3
Residential units
Location Intelligence
Trade Area within ½ mile
772
Businesses Nearby
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Business Placement
Demographics for 29209, SC
35,738
Population
16,520
Households
2.2
Avg Household Size
37
Median Age
39%
College-Educated
93%
High-School Grad
52.8 sq mi
ZIP Area
677
Density / Sq Mi
$58,854
Median Household Income
$38,756
Median Earnings
$1,252
Median Rent
$183,200
Median Home Value
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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Triplex - Two apartments are tenant-occupied, and the third unit is vacant.
Where is this triplex located?
The property is located at 809 Woodlawn Avenue Columbia, SC.
What is the asking price?
The asking price for this property is $350,000.
What are key features of this property?
This property features: Two units have tenants in place; one unit is vacant; 2,470 square feet; Built in 1943
