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Spartanburg Multifamily Investment Opportunity
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181 N Fairview Ave, Spartanburg, SC 29302

Four-unit multifamily property near Converse and Wofford Colleges.

Property SizeContact for details
Days on Market874

Property Features for 181 N Fairview Ave

General Information

Standard status Active
Property subtype Multifamily
Zoning R-8

Building Details

Year Built 1927
Listing Agency: Prime Realty
Listed By: Ashley Lewis · License #SC 80604
Source: Crexi
Added: Mar 19, 2024 Changed: Aug 8 Last Checked: Aug 8 at 4:34AM

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 Prime Realty

Investment Insights

Based on property information with market context.

This multifamily property presents an opportunity to expand a real estate portfolio. The property features four fully occupied units. The main house includes 3 bedrooms and 2.5 bathrooms. Additionally, there are three studio-like units at the back of the property, each with 1 bedroom and 1 bathroom. Situated in Spartanburg, South Carolina, the property is located within walking distance of Converse College and a short drive from Wofford College and downtown Spartanburg.

Key Highlights

  • Multi‑family property with 4 fully occupied units.
  • Located in the heart of Spartanburg, SC.
  • Walking distance to Converse College.

Property Analytics

Current Use

Quadplexes

Suggested Use

Top Pick HVAC Service (Bike/Boat/Book/etc) Store Furniture & Home Goods Storage Facility Locksmith Pharmacy

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,017
Businesses Nearby

Demographics for 29302, SC

17,356
Population
8,169
Households
2.1
Avg Household Size
42
Median Age
41%
College-Educated
92%
High-School Grad
50.7 sq mi
ZIP Area
342
Density / Sq Mi
$77,428
Median Household Income
$44,476
Median Earnings
$1,031
Median Rent
$264,000
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Quadplex - Four-unit multifamily property near Converse and Wofford Colleges.
Where is this quadplex located?
The property is located at 181 N Fairview Ave Spartanburg, SC.
What is the asking price?
The asking price for this property is $380,000.
What are key features of this property?
This property features: Multi‑family property with 4 fully occupied units.; Located in the heart of Spartanburg, SC.; Walking distance to Converse College.
More about this property
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