Advertise
You are browsing as a guest. Register to access key data for free.
    Property profile

    181 N Fairview Ave Spartanburg, SC 29302

    Residential income homes
    Property ID
    US77-0999996
    View Sample
    0.3 ac lot Built 1927
    181 N Fairview Ave, Spartanburg, SC 29302 For Sale 1 / 34
    $375,000
    181 N Fairview Ave, Spartanburg, SC 29302
    View Listing →

    Property summary

    AI-generated overview

    This exceptional multifamily investment opportunity presents a fully occupied four-unit property situated on a 0.3-acre lot in Spartanburg, South Carolina. The main house, built in 1927, features three bedrooms and two and a half bathrooms. Three additional studio-style units are located at the rear of the property, each offering one bedroom and one bathroom. This property enjoys a prime location, offering convenient access to local amenities and educational institutions. It's within walking distance of Converse College and less than a ten-minute drive from Wofford College and the vibrant downtown area of Spartanburg. The asking price for this turnkey investment is $380,000, representing a price per unit of $95,000. The property's address is 181 N Fairview Ave, Spartanburg, SC 29302, and its APN is 712357385169. This represents a strong addition to any existing portfolio or a perfect entry point for new investors seeking a stable, high-occupancy rental property in a desirable location. The property's excellent location and strong rental income make it an attractive investment opportunity with significant potential for future growth.

    Property profile

    Verified
    Property type Residential income homes
    Year built 1927
    Lot 0.3 ac (13,068 SF)
    UPID US77-0999996

    Cap rate & NOI

    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors

    Value estimations

    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    by Request

    Owner & transaction history

    Comparables

    6 recent transactions · within 1.5 mi
    Comparable in this city
    6 recent transactions

    Comparable in this City

    • Value Estimation
      $495,000
      5,014 SF
      314 Pne St
      APARTMENT HOUSE (UNDER 5 UNITS)
      314 Pne St, Spartanburg, SC 29302-2677
      View Details
    • Value Estimation
      $155,000
      1,792 SF
      3064 Croft Cir
      APARTMENT HOUSE (UNDER 5 UNITS)
      3064 Croft Cir, Spartanburg, SC 29302-4889
      View Details
    • Value Estimation
      $465,000
      5,385 SF
      319 Main St
      BOARDING/ROOMING HOUSE
      319 Main St, Spartanburg, SC 29302-1917
      View Details
    • Value Estimation
      $295,000
      4,272 SF
      183 Alabama St
      APARTMENT HOUSE (UNDER 5 UNITS)
      183 Alabama St, Spartanburg, SC 29302-1574
      View Details
    • Value Estimation
      $175,000
      8,448 SF
      216 Cotton Rdg Ln
      APARTMENT HOUSE (UNDER 5 UNITS)
      216 Cotton Rdg Ln, Spartanburg, SC 29302-4882
      View Details
    • Value Estimation
      $230,000
      3,300 SF
      599 Main St
      APARTMENT HOUSE (UNDER 5 UNITS)
      599 Main St, Spartanburg, SC 29302-1991
      View Details

    Similar Nearby for Sale

    • New
      $375,000
      0.30 Acres
      Fully Leased Quadplex Near Converse University
      Four separately accessed residences with varied layouts, private entrances, and parking at the front and rear.
      181 N Fairview Avenue, Spartanburg, SC 29302
      View Details
    • $394,302
      0.17 Acres
      Updated Quadplex with Separate Metering
      Four residential units offer updated interiors, individual utility meters, and convenient access to shopping and public transportation.
      156 Garrett Street, Spartanburg, SC 29302
      View Details
    • New
      $375,000
      3,691 SF
      Quadplex with Private Entrances
      Fully leased configuration includes front and rear parking for residents.
      181 N Fairview Avenue, Spartanburg, SC 29302
      View Details
    • New
      $445,000
      2,274 SF
      Fully Occupied Quadplex
      Four individually leased units with heat pump HVAC and public water and sewer, with on-street parking on Otis Boulevard.
      1072-1078 Otis Boulevard, Spartanburg, SC 29302
      View Details
    • New
      Contact for pricing
      8,000 SF
      Spartanburg Office Building For Sale
      Office building in a growing downtown area with high foot traffic.
      319 North Pine Street, Spartanburg, SC 29302
      View Details
    • New
      $274,999
      0.46 Acres
      Flex Building with Heated Garage
      Versatile commercial building with office areas, garage space, kitchen area, bathrooms, storage, and secured parking.
      250 Cedar Springs Avenue, Spartanburg, SC 29302
      View Details

    Similar Nearby for Lease

    • New
      Contact for pricing
      Single-Tenant Office Suite
      Single-tenant office space available for rent at 157 Hall Street.
      157 Hall Street, Spartanburg, SC 29302
      View Details
    • New
      Contact for pricing
      4,000 sqft
      Retail Space at Signalized Intersection
      Retail space in a shopping center with a grocery store, ice machine company, and parking available.
      1206 Union St, Spartanburg, SC 29302
      View Details
    • New
      Contact for pricing
      Main Street Retail/Office Space
      Retail or office space available on Main Street.
      408 E Main St, Spartanburg, SC 29302
      View Details
    • New
      $15 SF/Yr
      2,046 sqft
      Spartanburg Storefront Retail/Office Space
      Renovated 2,046 SF retail/office space in downtown Spartanburg.
      512 E Main St, Spartanburg, SC 29302
      View Details
    • New
      Contact for pricing
      2,250 sqft
      NNN Storefront Retail Space
      NNN storefront retail on E Main St with 28,400 VPD at the E St. John St intersection.
      512 E Main St, Spartanburg, SC 29302
      View Details
    • New
      $4,000/Mo
      4 sqft
      Spartanburg Outdoor Storage Opportunity
      4.38 AC outdoor storage lot for lease in Spartanburg.
      220 West Lanford Street |, Spartanburg, SC 29302
      View Details
    Recent comparable sales
    Sale price & price/SF · Sale date & distance · Adjustments & confidence
    Try Rey
    Ask anything about this address in plain English.
    “Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error
    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    181 N Fairview Ave, Spartanburg, SC, 29302
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!