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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: GREENVILLECHARLESTONMYRTLE BEACH

Commercial PropertiesListings

MLS Listings Data

Total Listings:42
Average Price:$546,438
Highest Listing Price:$2,400,000
Average Days On Market:77
Average Price/SqFt:$148
Multifamily Columbia SC For Sale currently has fourty-two (42) for sale on MLS. Multifamily Columbia SC For Sale listings have an average sales price of $546,438 ranging in price from $70,000 to $2,400,000. The average sq ft home size of Multifamily Columbia SC For Sale Leesville SC is 3,697 square feet. The largest property for sale is 16,200 sqft and smallest 1,128 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 77 days on the market.

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Number of MLS Listings 1 - 12 of 42

Discover a fantastic investment opportunity with The Cottages at Lake Murray Resort! This property features six charming duplexes with captivating views of Lake Murray, comprising 12 units in total: 4 two-bedroom, one-bath units and 8 two-bedroom, two-bath units.Investment Highlights:- Strong Revenue Potential: One Airbnb unit earned $24,000 in 2024 with no marketing. Long-term rental revenue can reach up to $18,000 per month, showcasing the high demand in this location.- Cost-Effective Utilities: Currently, all units are on well water, providing free water. City water taps are available, and the seller will connect if desired. All units are on city sewer, eliminating septic system concerns.- Exclusive Owner Benefits: Cottages residents receive first right to slip rentals, reduced slip rental rates, and discounts at the beach club and boat ramp.- Hassle-Free Management: Lake Murray Resort can provide full on-site management for new owners, ensuring a hands-off investment experience for both long and short-term rentals.- Airbnb-Ready: Two units are already set up as successful Airbnb rentals, providing immediate income potential.- Expansion Opportunity: There's room for an additional seventh cottage, already surveyed and plotted just east of the current Airbnb duplex.Don’t miss this chance to invest in The Cottages at Lake Murray Resort. Disclaimer: CMLS has not reviewed and, therefore, does not endorse vendors who may appear in listings.
View details Beds - Baths - 6 Sqft - 9096
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! Disclaimer: CMLS has not reviewed and, therefore, does not endorse vendors who may appear in listings.
View details Beds - Baths - 4 Sqft - 16200
Discover a fantastic investment opportunity with The Cottages at Lake Murray Resort! This property features three charming duplexes with captivating views of Lake Murray, comprising 6 units in total, all of which are 2 bedrooms and 2 bathrooms. Additionally, there are three more duplexes available for sale, providing even greater investment potential.**Investment Highlights:**- Strong Revenue Potential: Long-term rental revenue can reach up to $9,000 per month, showcasing the high demand in this location.- Cost-Effective Utilities: Currently, all units are on well water, providing free water. City water taps are available, and the seller will connect if desired. All units are on city sewer, eliminating septic system concerns.- Exclusive Owner Benefits: Cottages residents receive first right to slip rentals, reduced slip rental rates, and discounts at the beach club and boat ramp.- Hassle-Free Management: Lake Murray Resort can provide full on-site management for new owners, ensuring a hands-off investment experience for both long and short-term rentals.Don’t miss this chance to invest in The Cottages at Lake Murray Resort! Contact us today for more information! Disclaimer: CMLS has not reviewed and, therefore, does not endorse vendors who may appear in listings.
View details Beds - Baths - 10 Sqft - 4548
Discover a fantastic investment opportunity with The Cottages at Lake Murray Resort! This property features three charming duplexes with captivating views of Lake Murray, comprising 6 units in total, 4 of which are 2 bedrooms and 1 Bathroom and two that are 2 bedrooms and 2 bathrooms. Additionally, there are three more duplexes available for sale, providing even greater investment potential.**Investment Highlights:**- Strong Revenue Potential: Long-term rental revenue can reach up to $9,000 per month, showcasing the high demand in this location.- Cost-Effective Utilities: Currently, all units are on well water, providing free water. City water taps are available, and the seller will connect if desired. All units are on city sewer, eliminating septic system concerns.- Exclusive Owner Benefits: Cottages residents receive first right to slip rentals, reduced slip rental rates, and discounts at the beach club and boat ramp.- Hassle-Free Management: Lake Murray Resort can provide full on-site management for new owners, ensuring a hands-off investment experience for both long and short-term rentals.Don’t miss this chance to invest in The Cottages at Lake Murray Resort! Contact us today for more information! Disclaimer: CMLS has not reviewed and, therefore, does not endorse vendors who may appear in listings.
View details Beds - Baths - 6 Sqft - 4548
2408 Devine Quad 4 units and with 5 Bedrooms $4,550.00 a month620 Meadow Street 1 bedroom house $950.00 a monthBoth properties sold as one parcel R11312-06-03 2408 Devine St. Quad R11312-06-16 620 Meadow St. HouseZoned NAC for Multifamily or Commercial Over .6-acre with Driveway on Devine and Meadow StreetsCan build 4 stories high with Flat RoofNo Sideline setbacks and 5 feet set back from Devine to buildBuild more units on back on Devine Quad or tear down and build 4 story Apartments Disclaimer: CMLS has not reviewed and, therefore, does not endorse vendors who may appear in listings.
View details Beds - Baths - 4 Sqft - 3422
This maintained 8-unit multifamily property offers a turnkey investment opportunity in a prime location. Situated just 2 miles from Columbia's vibrant city center and 3 miles from the bustling Trenholm Plaza in the sought-after Forest Acres area, this property provides convenient access to premier shopping, dining, and entertainment.The building features four spacious 3-bedroom, 1-bath units leased at $1,100 per month and four 2-bedroom, 1-bath units leased at $950 per month, generating a stable monthly income of $8,200. The property has been thoughtfully updated to ensure low maintenance and long-term tenant satisfaction. Recent improvements include a two-year-old roof, modern LVP flooring throughout, updated windows, and freshly painted interiors. The parking lot is in excellent condition, providing convenience for tenants.With its strong rental history, strategic location, and minimal upkeep requirements, this property is an ideal opportunity for investors attempting to enter the multifamily world or those seeking a 1031 exchange. Don’t miss the chance to acquire this fully leased multifamily asset in Columbia, SC. Schedule your private showing today! Disclaimer: CMLS has not reviewed and, therefore, does not endorse vendors who may appear in listings.
View details Beds - Baths - 5 Sqft - 7776
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. Disclaimer: CMLS has not reviewed and, therefore, does not endorse vendors who may appear in listings.
View details Beds - Baths - 5 Sqft - 8720
Great investment opportunity for investors and/or parent's of USC students. All units are occupied. Leases end July 31, 2025, but units are easy to rent and may be under-rented. Great location close to USC and Five Points. All units feature 2 bedrooms, large living room, eat-in kitchen and 1 bath, and have been renovated. Hardwood floors throughout living and bedrooms, tile flooring in kitchens and bathrooms. All appliances including dishwasher, washer and dryer are in place. Off-street parking behind building with large security light. Disclaimer: CMLS has not reviewed and, therefore, does not endorse vendors who may appear in listings. Disclaimer: CMLS has not reviewed and, therefore, does not endorse vendors who may appear in listings.
View details Beds - Baths - 4 Sqft - 3576
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 MULTI-FAMILY property boasts four separate, generously spacious units (One is a house), 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. The last 11 photos are of the house All four units have NAC Zoning. The House is on it owner Tax Map. Disclaimer: CMLS has not reviewed and, therefore, does not endorse vendors who may appear in listings.
View details Beds - Baths - 4 Sqft - 5704
10 UNITS!!!! 10 UNITS!!!! This RARE opportunity is an investors dream. There are a total of 10 units, which consists of 9 mobile homes and 1 house. Only pre approved or Proof of funds buyers to view. Please be specific with your lender of the type of property Sheffey Mobile Home Community is. Traditional lending is not an option. Seller owns the land and 10 units. Occupancy is subject to change at any moment. Rent from $450-$850. When community is at full capacity the rent roll is over $7,000. Click virtual tour to view the property.Sheffey Park Mobile Home Community may also be added with Patricia Mobile Home Park, Hilo Mobile home park or single family homes in the same neighborhood, as a package!!! With all of these properties, you could literally own the entire block. Contact me!!! $850k for all 3 parks Disclaimer: CMLS has not reviewed and, therefore, does not endorse vendors who may appear in listings.
View details Beds - Baths - 9 Sqft - 6250
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/38970664https://www.airbnb.com/rooms/43237743Each 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. Disclaimer: CMLS has not reviewed and, therefore, does not endorse vendors who may appear in listings.
View details Beds - Baths - 2 Sqft - 2714
Remarkably renovated duplex in prime location just off Forest Drive! New roof, windows, HVAC, electrical, plumbing, flooring, bathroom, cabinets, appliances, paint, etc. Both sides were taken down to the studs with new insulation and sheetrock installed as well as all electrical and plumbing completely redone. Permits pulled through city of Forest Acres. Great opportunity to live in one side and rent the other side! Fully fenced back yard with partition privacy fence. Disclaimer: CMLS has not reviewed and, therefore, does not endorse vendors who may appear in listings.
View details Beds - Baths - 2 Sqft - 1992

Buying 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. 

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