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Multifamily Columbia SC For Sale
Columbia SC multi-family Real Estate for sale. Investment multifamily portfolio properties for sale in Columbia SC. Income-producing real estate for investors looking in and around Columbia South Carolina. Apartment complexes for sale Columbia SC and multi-unit communities & buildings. Below are all the multi-unit, multi-family properties for sale in the Midlands of South Carolina, including Duplex, Triplex, quadplex, mobile home parks, entire buildings & more. Including entire apartments in and around the Columbia area: St Andrews, Lexington, Northeast, Downtown, and surrounding areas.
Multifamily Columbia SC For Sale currently has thirty-seven (37) for sale on MLS. Multifamily Columbia SC For Sale listings have an average sales price of $391,078 ranging in price from $133,500 to $840,000. The average sq ft home size of Multifamily Columbia SC For Sale Lexington SC is 2,838 square feet. The largest property for sale is 8,720 sqft and smallest 1,232 sqft. View property listings for sale by price, street, subdivision, age, property type, location, features, size, and listing date, and time on MLS with an of 82 days on the market.
A little over an acre property is a rare find with multiple units and sources of potential income. 4-Plex building with LED sign multiple units currently rented great for small business, 3, one bedroom apartments all currently rented, Doublewide mobile home currently rented, camper currently rented and a warehouse that is currently rented. Original house was built in 1978, multiple updates, upgrades and newer construction. Age of apartment units built in 2004. Warehouse built in 2008. Doublewide and camper are from the early 80's. The potential is almost limitless located on HWY6/South Lake Dr with great road exposure just minutes from Walmart, Tractor Supply, Publix and multiple other businesses.
Brand new construction to be completed December 2024 or January 2025. Professionally designed, decorated, and custom built by The Wilson Company. Each bedroom has its own private full bath, a very open living area with high ceilings. All new stainless steel appliances included, granite countertops, tankless hot water heaters, as well as washer/dryers in each unit. This new duplex is to be marketed at $79,200 per year rent or $6,600 per month based on current market rates. The quality of construction of this duplex is rare. This is an ideal investment property for any investor not wanting another 75 year old property. Perfect for student rentals, professionals, or as an AB&B.
Excellent renovated quadruplex in very desirable Melrose Heights area. Each unit includes new kitchen, new bathroom, new roof, updated plumbing and electrical. In unit washer and dryer, paint, hardwood flooring. Great opportunity for someone live in one unit and rent out the other three. Plenty of off-street parking.
TOTAL RESTORATION of top floor unit PLUS ACREAGE to building additional units - in the heart of the historic district of Columbia'. Be the FIRST to own this lovely historical home that has been meticulously brought back to life in the form of a duplex. Present owner/contractor has spared no detail in this magnificent restoration on the top floor. Walk to the Columbia Historic District, the vibrant Bull Street District and all great businesses and restaurants on Columbia's Main Street. Renovations for the ground floor unit to be completed by Purchaser. Great investment to complete and plan your new build structures on the large lot.
Step into this charming 1920s Multi-Unit Property located near Main St Downtown. Enjoy the peaceful suburban feel while being just minutes away from downtown Columbia. This property boasts four separate, generously spacious units, each with private entrances, outdoor spaces, and ample natural light. It is ideal for investors looking for rental income or owner-occupants seeking a residence.
Gorgeous luxury duplex brick dwelling with ample yard space for endless appeal! Inside there is an open floor plan with pre-finished hardwoods throughout. With soaring ceilings, ceiling fans, and lighting, your space awaits! So many options for you to create and entertain in the kitchen and beyond! There is a generous-sized great room with a gas fireplace for cooler nights! Upstairs there are 3 large bedrooms and 3 baths complete with tile, fixtures, lighting, and vanities! There is also a half bath downstairs! Lots of space to plan for! The possibilities are without end! Consider living where your property works for you! Yes, you can dwell on one side while renting the other side in whatever capacity you choose! There are no HOA fees! This is a must-see with so much of a crisp and clean aesthetic in place! This is the chance to produce an income stream within weeks! With close proximity to USC, Midlands Tech, and Ft. Jackson, what an awesome AIRBNB opportunity! Schedule your viewing today!
This charming duplex offers the perfect blend of investment potential and family living, with a layout that is ideally suited for an easy conversion into a single-family home. Currently divided into two spacious furnished rental units generating an average of $2315 per month, the property has multiple staircases to the second story that may be modified, making it simple to unify the space for single-family use. Located within the sought-after Rosewood, Hand, and Dreher school zones, this property is just a short walk from community parks, 5 Points, USC, and the vibrant Devine and Rosewood shopping and dining areas. Each spacious unit features 2 bedrooms and 1 bath, along with a living room, dining room (which could serve as a 3rd bedroom), kitchen, office, laundry room, and a charming central hall. Bursting with character, the home showcases original refinished white oak hardwood floors, high ceilings, elegant molding, transom windows, rounded archways, and classic five-panel doors. The upstairs unit boasts a screened-in porch with a tranquil view of the treetops along Monroe Street, while the downstairs unit offers a covered porch, both with overhead fans and iconic Southern haint blue ceilings. Outdoor amenities include a paver patio, fire pit, and a spacious backyard with ample off-street parking. This versatile property has tremendous potential to evolve into a perfect single-family residence, offering all the charm, space, and comfort your family could desire.
Prime USC Location! This stunning newly built USC student rental DUPLEX (2024) is just blocks from the heart of USC—an exceptional opportunity you won’t want to miss. Current lease in place until July 2025 for $2300 per side with plans to increase to $2400 per side for the 25'-26' school year. Both floors feature 9-foot ceilings and modern layout, creating a spacious and inviting atmosphere. Enjoy the open floor plan with luxury vinyl plank flooring throughout. This duplex offers 1 generous bedroom on the main floor, plus 2 bedrooms upstairs, equipped with generous closets for ample storage. Built with energy efficiency in mind, it includes a tankless water heaters and thermopane windows. The property boasts off street parking and charming covered porches both in the front and back. Don’t miss out on this rare gem!
Welcome to 2921 Burney Dr .and 121 S. Shandon Street! Each unit in this charming all-brick duplex features 2 spacious bedrooms, 1 bathroom, and an open dining and living room layout. Highlights for each unit include original hardwood flooring, staircase access to the attic, and a screened-in front porch. Outside you'll find basement access and a sizable shed for optimal storage options. Additionally, this property is equipped with newer HVAC, roof, and windows! Conveniently located on a spacious corner lot and just minutes from Columbia?s most popular shopping and dining areas, 2921 Burney Dr. and 121 S. Shandon St. offers numerous possibilities for multi-generational living and/or rental income. Schedule a showing today to see if this Shandon beauty could be the answer to your home search!
Unique turn-of-the-century multi-family property with huge value-add opportunities. Unusual early-20th-century building with lots of vintage details and 125 years' of local history connected to it. Great location with North Main Street just out the front door and across recently-remodeled Hyatt Park. Walk out the back and you'll be in a hidden city park: the lush and peaceful Lincoln Park. Convenient to everything. Enter the building into a large foyer with hardwood floors and traditional open staircase leading up to two of the four apartments. The apartments are expansive and cheerful with modern kitchens and bathrooms yet plenty of the things that cause so many to fall in love with these old houses. Each is over 800 sf and arranged as one-bedroom units but they could be redesigned as 2BR. Two downstairs units have washer/dryers. The apartments are fully rented and professionally managed. Large back yard and at the back of the property is a fantastic metal workshop/storage building. Huge 30' x 50' and currently vacant for the buyer to decide about. Most recently leased for $950 a month this shop comes equipped with lights and a garage opener with remote. Can be rented to tenants for storage or any one of a million other things for income. Lamar Street is a consistently successful street for short-term rentals and it seems that making at least two of these apartments into STRs and renting the workshop is an easy road to a great cash-flowing property!
TURNKEY AIRBNB PROPERTY! Perfect Investment for Investors looking for passive income in multiple ways. Perfect for investors looking for a short term rental (Approved Airbnb by City of Columbia), long term rental, or student housing for USC, Benedict, or Allen Univ Students. No HOA and restrictions. Great Location located downtown Columbia, SC. Less than a mile away from Vista, USC, Five Points, Shopping & Restaurants.
Prime investment opportunity! Own a meticulously maintained mobile home park on 1.45 acres with 6 units, all occupied by long-term renters. Conveniently located near Hwy. 321, I-26, and I-77, this property ensures maximum accessibility and steady cash flow. Seize the chance to secure a lucrative investment with a proven track record of consistent returns in a thriving location. Your gateway to a stable and profitable real estate venture awaits! Annual profit of $49,038. Seller isn't willing to take lowball offers. She doesn't have to sell and isn't interested in offers that are significantly lower than the current price. NO SELLER FINANCING!
Multifamily properties have multiple rental units that produce more cash flow at a faster rate than a single rental unit. Rather than having to buy several single-family rentals over time, you can make more cash flow with the purchase of just one building.
Vacancy
With a multi-unit investment like an apartment building, there are multiple rental units that can be used to offset a loss in rents from vacancy. If 20% of the units are vacant, 80% are still producing income which allows you to cover costs like debt service, property taxes, or other related property expenses.
Economy of scale
The economy of scale is spreading fixed costs over an increased number of units. Property expenses and holding costs relating to an apartment building are typically far less than a portfolio of single-family rental properties because there are multiple units under one roof.
Property taxes, insurance, and management fees are generally fixed and the cost to replace the roof of a single-family home or a small apartment building that has six units under one roof is relatively the same. As the number of rental units increases, income is increased while reducing your cost, making it more cost-effective than multiple single-family rentals.
Cons of investing in apartment buildings
Affordability
The largest downside to investing in apartment buildings is affordability. Multifamily properties can be expensive and require more upfront capital to get started. Investors should expect to have around 20% of the purchase price. There are opportunities to raise capital using multiple resources. This is by far the largest barrier and is often why people invest in single-family properties first.
Management
Managing an apartment building can fall under both pro and con, similar to managing a single-family rental. On one side, you’re managing all of the tenants in one location, typically under one roof. You don’t have to drive all over town. However, there are more tenants and units to maintain and manage, meaning more responsibility, organization, and in general more potential problems. A good and robust management software can help considerably for a well-organized system.
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producing real estate for investors looking in and around Columbia South Carolina. Apartment complexes for sale Columbia SC and multi-unit communities & buildings. Below are all the multi-unit, multi-family properties for sale in the Midlands of South Carolina, including Duplex, Triplex, quadplex, mobile home parks, entire buildings & more. Including entire apartments in and around the Columbia area: St Andrews, Lexington, Northeast, Downtown, and surrounding areas. 
