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.
OTHER SC MARKETS: GREENVILLE – CHARLESTON – MYRTLE BEACH
Commercial PropertiesListingsMLS Listings Data
| Total Listings: | 38 |
| Average Price: | $554,250 |
| Highest Listing Price: | $3,999,999 |
| Average Days On Market: | 75 |
| Average Price/SqFt: | $152 |
Multifamily Columbia SC For Sale currently has thirty-eight (38) for sale on MLS. Multifamily Columbia SC For Sale listings have an average sales price of $554,250 ranging in price from $100,000 to $3,999,999. The average sq ft home size of Multifamily Columbia SC For Sale Columbia SC is 3,638 square feet. The largest property for sale is 16,200 sqft and smallest 1,296 sqft. View property listings for sale by price, street, subdivision, age, property type, location, features, size, and listing date, and time on MLS with an of 75 days on the market.
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$ 3,999,999
AMAZING OPPORTUNITY FOR FABULOUS UPDATED INVESTMENT PROPERTY NEAR USC AND FIVE POINTS. 4 QUADRAPLEXES THAT TOTAL 16 UNITS WITH EACH UNIT INCLUDING 2 BR, 1 BA, GREAT ROOM AND KITCHEN. TOTAL OF 32 BEDS. EACH UNIT INCLUDES A WASHER AND DRYER. PROPERTY IS 100% LEASED FOR THE 2024-2025 SCHOOL YEAR. PROPERTY HAS LEASES IN PLACE FOR 100% OCCUPANCY FOR THE 2025-2026 SCHOOL YEAR AT A RATE OF $2000/MONTH BEGINNING AUGUST OF 2025 AND RUNNING THROUGH JULY OF 2026. MARKETING PIECE AVAILABLE UPON REQUEST. PROPERTY INCLUDES 504 & 508 EDISTO AVE AND 1901 & 1907 WHEAT STREET.
$ 3,999,999
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$ 2,190,000
Attention Investors! Unlock a fantastic opportunity with this multi-family investment property featuring 16 well-maintained units in the heart of Columbia, SC. This complex includes 8 spacious 3-bedroom, 2-bath units and 8 comfortable 2-bedroom, 2-bath units, all fully occupied and managed by a reputable local management company. Ideally situated adjacent to Columbia University, this property benefits from a prime location that attracts tenants seeking convenience and accessibility. Nestled on a 0.43-acre lot, this apartment complex boasts renovated units that enhance rental appeal and tenant satisfaction. With the potential for increased rental income, this investment promises both immediate cash flow and long-term growth. Don’t miss out on this opportunity—contact the listing agent today to schedule your showing!
$ 2,190,000
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$ 1,600,000
Brand new construction just completed two months ago. 100% leased for the next 21 months with gross revenue of $239,000 on the books. This property consists of four townhome style apartments each with 3 bedrooms and each bedroom has its own private bath. A total of 12 bedrooms and 12 full baths. All 4 townhome apartments are currently 100% leased until 7-31-25 for $10,400/mth "And" already leased from 8-1-2025 to 7-24-2026 for $12,135/mth or $145,630 per year. Each townhome is separately metered for all utilities which the tenants pay!! These townhomes have been custom built and designed by The Wilson Company and professionally decorated. The high end finishes are extraordinary for any rental property with hardy plank exterior, stained concrete floors, granite countertops, Samsung appliance package (including washer/dryers), tankless hot water heaters, 40 yr architectural shingles, split heat pump zoned systems, drip irrigation system for landscaping, Silverline energy efficient windows, large walk-in closets and much, much more! Located in a very popular area only approx 1.5 mi from USC campus, Williams Brice Stadium, 5 Points with plenty of shops and restaurants. Enjoy a break from 75 year old properties with the never ending maintenance calls and invest in a brand new quality built student rental property. Call Bill Graham 803-331-4586.
$ 1,600,000
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$ 950,000
INVESTORS This is the one. Unmatched total renovation with sought after large rooms and multiple baths. Great student rental for a parent investor. Close to USC and Five Points but in a fine residential neighborhood with professionals. No repairs with these buildings. All new wiring/plumbing/hvac/all new appliances incuding dishwasher and washer/dryer. Must see to appreciate. Call for a showing as the finishing touches are completed.
$ 950,000
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$ 770,000
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.
$ 770,000
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$ 730,000
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.
$ 730,000
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$ 699,000
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.
$ 699,000
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$ 665,000
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!
$ 665,000
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$ 565,000
Recent Updates: The HVAC system has been upgraded with new evaporator coil, outdoor condenser, and ductwork, wiring and insulation to enhance efficiency and address prior issues. This charming duplex perfectly balances investment potential with practicality, making it ideal for a student or first-time homebuyer seeking to live in one unit, rent out the other for additional income, and host visiting friends and family with ease. Currently divided into two spacious furnished rental units, the Airbnb units generated $6250 in November 2024, and consistently generates high rental revenue months like this throughout the year. These two "Guest Favorite" Airbnb properties in Columbia, each with 4.9+ star ratings and over 100 stellar reviews, represent the top listings in Columbia: https://www.airbnb.com/rooms/38970664 https://www.airbnb.com/rooms/43237743 Each unit of this charming duplex offers 2 bedrooms, 1 bath, a living room, dining room, kitchen, office, and laundry room, blending functionality with classic charm. Highlights include refinished white oak hardwood floors, high ceilings, elegant molding, transom windows, rounded archways, and timeless five-panel doors. The upstairs unit features a serene screened-in porch, while the downstairs unit provides a cozy covered porch. Outdoor amenities include a paver patio, fire pit, backyard, and ample off-street parking.
$ 565,000
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$ 499,900
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!
$ 499,900
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$ 499,000
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!
$ 499,000
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$ 465,000
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 $51,438.39. 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!
$ 465,000
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DetailsBuying Multifamily
Pros of investing in apartment buildings
More income faster
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.
