Spartanburg, SC Residential Income Properties for Sale

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Updated: Jun 12

Duplex with Two Parking Pads

4016 Pebblebrook Court, Spartanburg, SC 29301

$249,900

2,700 sqft 0.54 AC lot

Duplex with two identical units, each offering 2 bedrooms and 1.5 baths
Unit A is vacant and ready for a renter; Unit B is occupied with a month‑to‑month tenant
Each unit has its own 2‑car parking pad and outdoor storage
Public utilities: public water and public sewer
Central air and off‑street driveway parking included

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4016 Pebblebrook Court, Spartanburg, SC 29301

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Est. Cap Rate

8.9%
Above avg (5.9%)
Est. NOI

$22K
Annual
Price @ 7% Cap

$318K
Above asking
Property Type

Duplex
Built 1982

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Updated: Mar 12

Partially Renovated Multifamily Building

203 Caulder Circle, Spartanburg, SC 29306

$350,000

5,970 sqft 0.53 AC lot

High‑upside value‑add investment opportunity with potential for significant equity creation through a 7‑unit conversion.
Partially renovated building shell with completed major structural improvements (updated roof rafters and flooring systems) reduces early‑stage construction risk and cost.
Potential to create a strong cash‑flowing asset with 7 income‑producing rental units, laundry center, and rentable storage space.
Projected 9.4% CAP rate based on estimated rents of $1,250/month per unit and a 35% expense ratio.
Suitable for various investment strategies: BRRRR, Long Term Hold, and Short Term Rental.

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Turnkey Duplex Investment Property

2056 Pineview Drive, Spartanburg, SC 29307

$245,000

1,944 sqft 0.40 AC lot

Well-maintained duplex with two 2-bedroom units, each with central heat and air and in-unit washer/dryer hookups.

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Remodeled Duplex Bungalow Homes

1538 Farley Avenue, Spartanburg, SC 29306

$325,000

810 sqft

Front unit is leased through March 2027, while the rear unit is move-in ready with remodeled interiors and in-unit laundry.

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Single-Family Home with Detached Garage

413 Spruce Street, Spartanburg, SC 29303

$349,000

1,576 sqft 5.00 AC lot

Two-bedroom, one-bath home on about 5 acres with a detached garage and a fenced area for livestock.

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Updated Duplex with Large Yard

129 Pisgah Drive, Spartanburg, SC 29303

$314,900

2,058 sqft

A well-maintained duplex on a 0.75-acre lot with major upgrades and outdoor patio space.

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Newer Duplex With Large Yard

171 Sandifer Road, Spartanburg, SC 29303

$415,900

2,356 sqft

Built in 2022, this duplex offers updated finishes, modern systems, and a generous yard for flexible living or rental use.

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Leased Duplex Investment

124 Bonner Road, Spartanburg, SC 29303

$250,000

1,702 sqft

Duplex with two leased units, each offering 2 bedrooms and 1.5 bathrooms.

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Spartanburg Duplex: Investor Opportunity

309 Powell Mill Road, Spartanburg, SC 29301

$255,000

1,824 sqft 0.32 AC lot

Turnkey duplex in prime location with strong income potential.

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Income-Producing Duplex in Downtown Spartanburg

204 E Fremont Avenue, Spartanburg, SC 29303

$144,900

1,245 sqft 0.25 AC lot

Turnkey duplex with rental income potential near downtown amenities.

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Renovated Duplex Income Property

211 California Avenue, Spartanburg, SC 29303

$220,000

1,500 sqft

Renovated duplex with updated finishes, appliances, and HVAC in at least one unit.

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Spartanburg Multifamily Investment Opportunity

211 California Avenue, Spartanburg, SC 29303

$199,000

1,500 sqft 0.17 AC lot

Multifamily property near downtown Spartanburg with income potential.

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Renovated Brick Duplex

1417 Fernwood Glendale Road, Spartanburg, SC 29307

$284,900

2,250 sqft

Renovated brick duplex with two 2-bedroom, 1-bath units, hardwood floors, large great rooms, and all appliances included.

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Quadplex with Four 2-Bed Units

156 Garrett Street, Spartanburg, SC 29302

$395,000

2,980 sqft

Quadplex offering four separately metered 2-bedroom, 1-bath units, with three currently occupied.

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Spartanburg Duplex in Great Neighborhood

129 Clint Court, Spartanburg, SC 29307

$280,000

2,026 sqft

Brick duplex with two bedrooms and baths in each unit.

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Three-Duplex Residential Income Property

108 Bentwood Circle, Spartanburg, SC 29307-1

$925,000

2.29 AC lot

Three separate duplexes offer six total units with 3-bedroom, 2-bathroom layouts in Spartanburg.

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Renovated 12-Unit Apartment Building

664-666 S Liberty St, Spartanburg, SC 29306

Contact for pricing

9,900 sqft

Renovated 12-unit property in Spartanburg with General Residential R-6 zoning and strong occupancy history.

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Well-Maintained Duplex Investment

200 Rosecrest Road, Spartanburg, SC 29303

$265,000

1,782 sqft

Two-unit duplex with flexible heating options and a waterproofed crawlspace on a large adjacent lot.

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New Construction Duplex

275 Vanderbilt Road, Spartanburg, SC 29301

$399,000

2,662 sqft

Newly built 2025 duplex with separate utility meters, modern finishes, and at least two parking spaces per unit.

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Ranch-Style Residential Income Duplex

117 Tanglewylde Drive, Spartanburg, SC 29301

$299,000

0.91 AC lot

Ranch-style duplex with main-floor living and a fully finished basement for added flexibility and potential rental space.

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1,890 SF Multifamily Property

394 Sequoia Dr, Spartanburg, SC 29306

$205,000

1,890 sqft 0.04 AC lot

1,890 SF Multifamily Property

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Remodeled Duplex Income Property

1538 Farley Avenue, Spartanburg, SC 29306

$325,000

0.32 AC lot

Two remodeled 2-bedroom, 1-bath bungalows with vaulted living areas, plus a rear shop and yard.

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Outdoor Wedding and Coffee Venue

105 Bellew Carver Road, Spartanburg, SC 29301

Contact for pricing

8.00 AC lot

Income-producing coffee shop, Air BNB house, and outdoor wedding venue set on a multi-parcel site with ponds and walking paths.

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Four-Unit Residential Income Property

156 Garrett Street, Spartanburg, SC 29302

$394,302

0.17 AC lot

Four separately metered two-bedroom, one-bath units with a newer roof and updated appliances, sold as-is.

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Spartanburg, SC Residential Income Properties Market Trends and Statistics

Explore 72 residential income properties for sale in Spartanburg, SC, showcased through 35 active listings on our real estate platform. These investment opportunities span a total of 53,630 square feet of properties for sale, with an estimated market value of $9,709,202.

Sale prices for residential income properties in Spartanburg, SC start at $88,900, averaging $303,412, and reaching up to $925,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Demographics Overview

Population 150K

Population Growth (5Y) +8.8%

Median Household Income $59,825

College Educated 25.6%

High-Yield Neighborhoods for Investment

Identify Spartanburg submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood	Average Price
29303	$244.5K
29302	$394.3K
29307	$429.1K
29301	$505.7K
29306	$583K

Taxes & Financing

Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Spartanburg County

New Delisted

Total CRE Inventory on Market (SF)

Average Property Price per SF

For-sale pricing trends across core commercial property types in Spartanburg County

Office

Residential Income

Property Size Breakdown

The majority of commercial real estate listings in Spartanburg fall within the 100,000+ square foot range.

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