For Sale
$799,000
921 Prescott Road, Columbia, SC 29203
MULTI-FAMILY, Columbia, SC
Property Size3,767 SF
Price / SF$212.11
Days on Market54
Property Features for 921 Prescott Road
General Information
Property type
Residential Multi Family
Property subtype
Triplex
Property condition
Under Construction
Bedrooms
9
Bathrooms
6
Full bathrooms
6
Rooms
Bedroom 7, Bedroom 1, Bedroom 3, Bathroom 1, Bathroom 4, Bedroom 4, Bedroom 5, Bathroom 2, Bedroom 6, Bathroom 5, Bathroom 6, Bathroom 3, Bedroom 2, Bedroom 8, Bedroom 9
Parking
6
Subdivision
BELMONT
Elementary school
John P. Thomas
Middle school
Alcorn
High school
Keenan High
Elementary school district
Richland One
Middle school district
Richland One
High school district
Richland One
Directions
From downtown Columbia, take I-20 East, take exit 74 for SC-277 North toward Blythewood, merge onto US-1 / Two Notch Rd, turn right onto Prescott Road, property is on the right. Take I-20 to SC-277 North toward Clemson Rd / Two Notch Rd, turn onto Prescott Road
Standard status
Active
Size
3,767 SF
Utilities
Heating system
Central
Cooling system
Central Air
Water source
Public
Building Details
Year built
2026
Floors in Building
1
Number of units
3
Listing Agency:
NorthGroup Real Estate LLC
(843) 999-0119
Listed By:
Kenisha Ingram · License #338440
(803) 320-3717
Added: Aug 15
Changed: Oct 2
Last Checked: Oct 7 at 8:06AM
MLS# 640951
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.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$40,368
Cap Rate
5.05%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$807,360
$807.4K
Cap Rate 7%
$576,686
$576.7K
Cap Rate 9%
$448,533
$448.5K
Market Conditions
NOI Build-Up for 3,767 SF
Gross rent
$61.0K $16.20/SF
− Vacancy
−$3.4K −$0.89/SF
EGI
$57.7K $15.31/SF
− OpEx
−$17.3K −$4.59/SF
NOI
$40.4K $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%
$807,360
Cap Rate 7%
$576,686
Cap Rate 9%
$448,533
Alternative Uses
Best Use
Multifamily LT 5
$576.7K
$504.6K – $672.8K
NOI $40,368 @ 7.0% cap · market cap 5.05%
Second Best
Apartment 5plus
$505.1K
$441.9K – $589.2K
NOI $35,354 @ 7.0% cap · market cap 4.42%
Theoretical Best
Office A
$927.6K
$811.6K – $1.08M
NOI $64,931 @ 7.0% cap · market cap 8.13%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
290
Businesses Nearby
Explore this area
Business Placement
Demographics for 29203, SC
39,449
Population
18,815
Households
2.1
Avg Household Size
38
Median Age
22%
College-Educated
84%
High-School Grad
62.3 sq mi
ZIP Area
633
Density / Sq Mi
$42,371
Median Household Income
$30,228
Median Earnings
$1,041
Median Rent
$121,600
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in South region
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Frequently Asked Questions
Where is this triplex located?
The property is located at 921 Prescott Road Columbia, SC.
What is the asking price?
The asking price for this property is $799,000.
