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    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
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    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

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    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
      $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
      $540,000
      9,408 SF
      222 Cotton Rdg Ln
      APARTMENT HOUSE (UNDER 5 UNITS)
      222 Cotton Rdg Ln, Spartanburg, SC 29302-4881
      View Details
    • Value Estimation
      $120,000
      2,793 SF
      662 Ravenel St
      APARTMENT HOUSE (UNDER 5 UNITS)
      662 Ravenel St, Spartanburg, SC 29302-1608
      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
    • Value Estimation
      $465,000
      5,385 SF
      319 Main St
      BOARDING/ROOMING HOUSE
      319 Main St, Spartanburg, SC 29302-1917
      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
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    • $394,302
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    • 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
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    • New
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    • New
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    Similar Nearby for Lease

    • New
      Contact for pricing
      Single-Tenant Office Suite
      Single-tenant office space available for rent at 157 Hall Street.
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    • New
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      4,000 sqft
      Retail Space at Signalized Intersection
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    • New
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      Main Street Retail/Office Space
      Retail or office space available on Main Street.
      408 E Main St, Spartanburg, SC 29302
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    • New
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    • 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.
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    Recent comparable sales
    Sale price & price/SF · Sale date & distance · Adjustments & confidence
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