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: | 39 |
| Average Price: | $571,341 |
| Highest Listing Price: | $2,400,000 |
| Average Days On Market: | 85 |
| Average Price/SqFt: | $148 |
Multifamily Columbia SC For Sale currently has thirty-nine (39) for sale on MLS. Multifamily Columbia SC For Sale listings have an average sales price of $571,341 ranging in price from $128,000 to $2,400,000. The average sq ft home size of Multifamily Columbia SC For Sale Leesville SC is 3,856 square feet. The largest property for sale is 16,200 sqft and smallest 1,018 sqft. View property listings for sale by price, street, subdivision, age, property type, location, features, size, and listing date, and time on MLS with an of 85 days on the market.
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$ 2,400,000
AIRBNB Units Booked Even in the Off Season! 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 li
$ 2,400,000
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$ 1,990,000
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! Disclaimer: CMLS has not reviewed and, therefore, does not endorse vendors who may appear in listings.
$ 1,990,000
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$ 1,644,000
**Investment Opportunity -Charming Duplex Apartment Complex in Florence, SC**Discover an exceptional investment opportunity with this well-maintained apartment complex featuring 8 spacious duplexes, each designed for comfortable living. Located in the heart of Florence, SC, this property is an investor's dream, offering significant cash flow potential and strong returns.Each duplex consists of 2 bedrooms and 1 bath, thoughtfully designed to maximize space and functionality. Residents will enjoy a welcoming kitchen and cozy living room, perfect for both relaxation and entertaining. The layout appeals to a diverse tenant base, ensuring consistent occupancy and steady rental income.Currently, the complex boasts a remarkable net income of approximately **$119,760**, a substantial increase from its previous gross annual income of **$91,355**. This impressive growth reflects the property’s desirability and effective management strategies. With a cap rate of **7%**, this investment presents an attractive opportunity for both seasoned investors and those looking to expand their real estate portfolio.In addition to the duplex complex, the seller is offering three single-family homes in the Florence area, which can be included with this portfolio. All units and homes are **100% occupied**, providing immediate cash flow and further enhancing the investment's appeal.Contact us today to learn more about this exciting opportunity! (803) 319-7776 Disclaimer: CMLS has not reviewed and, the
$ 1,644,000
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$ 1,350,000
Southern charm at its finest.The open concept modern design coupled with coffered ceilings for a flow of natural light that warms the space creating an ambiance of elevated comfort.Harborside Inn. Main house (2600 sq. Ft.) and three spacious one bedroom cottages ranging from 600 sq.ft, 1000 sq.ft Each cottage has parking, porches and designer finished.The main house has master on the main floor and two owner's suite upstairs.Gourmet kitchen with 48” thermador gas range, 70” thermador sub zero refrigerator plus wine box, drawer microwave, two sinks and a dishwasher. Double butler's pantry.The souring 12 ft. coffered ceilings highlights the beautiful cabinetry. 9x4 White quartz island open to the dining and family room. Floor to ceiling windows in every room. Large white marble wood burning fireplace for those cold nights. Every inch was designed by a local designer with careful detail to lighting, finishes and furniture.The dining room has ceiling to floor built-ins and a decorative craftsman staircase that leads upstairs to the two master suites.Off the main living area is a 20x20 covered 10 column open porch with a brick harlequin patterned floor and amazing oversized wood burning fireplace.The backyard has a center grass and stone checkered courtyard that is shared by all quest. Oversized 2 car garage with workshop has large red barn doors facing the courtyard. 3 amazing cottages that rent airbnb. This would be a great Family compound. All properties on huge double lot. Dis
$ 1,350,000
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$ 1,299,000
An EXCITING investment opportunity: the occupied 10 UNIT apartment complex is in a prime Columbia location. EACH unit has 2 bedrooms and 1 1/2 bathrooms. 1738 12th street will elevate your investment portfolio! The renovated apartments are centrally located in West Columbia, offering convenient access to restaurants, shops, breweries, coffee shops, highways, USC, and downtown Columbia. The property boasts new roofs and HVAC units on all buildings, and each unit features two bedrooms. With a current rental rate of $1250 per unit, this opportunity allows you to sit back, collect rent, and maintain an exceptional property in a highly desirable area. Disclaimer: CMLS has not reviewed and, therefore, does not endorse vendors who may appear in listings.
$ 1,299,000
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$ 825,000
Portfolio of 13 Properties being sold together as is. All vacant and at various stages of renovation. 3 and 2 bedroom units eachwith its own private patio and access to the community pond. Please contact agent for more photos. R06267-01-28 4712 LeafCrest Ct, R06267-01-29 4716 Leaf Crest Ct, R06278-01-19 1204 Grove Park Ln, R06267-03-12 1241 Grove Park Ln, R06278-01-221216 Grove Park Ln, R06278-01-26 1232 Grove Park Ln, R06278-01-29 1244 Grove Park Ln, R06267-04-22 1213 Grove Park Ln,R06278-01-18 1200 Grove Park Ln, R06267-01-02, 4704 Palm Tree Ln, R06267-01-05 4716 Palm Tree Ln, R06278-01-16, 1312Cactus Ave, R06267-04-07, 1340 Cactus Ave Disclaimer: CMLS has not reviewed and, therefore, does not endorse vendors who may appear in listings.
$ 825,000
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$ 800,000
Discover a prime investment opportunity in the heart of Columbia’s sought-after Melrose Heights neighborhood. This beautifully updated triplex boasts three beautifully renovated units, offering a combined 3,250 square feet of living space. Each unit has been thoughtfully designed with modern finishes, ensuring both comfort and style. With strong rental demand in this vibrant area, this property promises excellent income potential. Whether you're an investor seeking a turnkey addition to your portfolio or an owner-occupant looking to offset living expenses, this triplex is a must-see. Don't miss the chance to own a piece of Columbia's thriving real estate market. This amazing property can be purchased fully furnished. Disclaimer: CMLS has not reviewed and, therefore, does not endorse vendors who may appear in listings.
$ 800,000
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$ 775,000
Stunning Fully Renovated Duplex in the Heart of Heathwood!This beautifully renovated duplex, located in the highly sought-after Heathwood neighborhood, offers the perfect blend of modern amenities and classic charm. Down to the studs, this property has been meticulously updated, ensuring that each apartment feels fresh, stylish, and brand new!Each spacious unit features: 2 Bedrooms & 2 Full Baths: Bright and airy spaces with tall ceilings and hardwood floors throughout. Open Concept Kitchen & Den Combo: Ideal for entertaining, the kitchen boasts sleek granite countertops, stainless steel appliances, and a large island perfect for casual dining or prepping meals. Modern Finishes: From the stylish lighting fixtures to the high-end finishes, every detail has been thoughtfully designed. Brand New Systems: Enjoy peace of mind with completely updated plumbing, electrical, HVAC, and a new roof. Fully Equipped Kitchens & Bathrooms: Both the kitchens and bathrooms have been completely transformed with brand-new cabinets, countertops, and fixtures—everything is fresh and ready for your personal touch.The exterior offers curb appeal with new Hardi Plank siding, a welcoming covered front porch, and a deep backyard—perfect for outdoor activities or future landscaping.Prime Location: Conveniently located near downtown Columbia, the vibrant Devine Street District, and with quick access to interstates, this property is ideal for anyone looking for easy access Disclaimer: CMLS
$ 775,000
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$ 639,000
All-Brick Duplex Near USC | Prime Investment OpportunityLocation, location, location! This charming all-brick duplex is just steps from the University of South Carolina and offers unbeatable walkability to Five Points, Devine Street, Main Street, and campus. Each side features a spacious 3-bedroom, 2-bath layout with beautiful hardwood flooring throughout, generously sized bedrooms, and a functional floorplan ideal for students or professionals. Whether you're looking to house-hack, add to your rental portfolio, or secure a home for a USC student, this property delivers both convenience and value. With dining, shopping, nightlife, and green space all within walking distance, this is urban Columbia living at its best.Don’t miss your chance to own in one of Columbia’s most desirable and walkable locations! Disclaimer: CMLS has not reviewed and, therefore, does not endorse vendors who may appear in listings.
$ 639,000
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$ 630,000
Rare opportunity in the heart of Columbia's thriving rental market! This fully operational quadplex at 2217 Blossom Street is in one of Columbia’s most desirable rental corridors. It offers strong rental potential! Ideal for traveling professionals or long-term tenants. Don’t miss your chance to own income-producing property just minutes from USC and Five Points! Property is occupied. DO NOT DISTURB TENANTS Disclaimer: CMLS has not reviewed and, therefore, does not endorse vendors who may appear in listings.
$ 630,000
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Grandfathered in 6 lots on 1 parcel of land in Lexington County! All are rented. 6 lots, 5 mobile homes, 2 sheds, 1 well, and 6 septic tanks. The owner has put the tenants on a month-to-month basis. Cash buy with closing attorney. Viewer must have proof of funds to view this property. Mobile home on 164 lot 6 is owned by a tenant renting the lot. Cash buy. No owner financing. Sold as is. Disclaimer: CMLS has not reviewed and, therefore, does not endorse vendors who may appear in listings.
$ 610,000
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$ 599,000
Location, location, location! Rare opportunity in highly sought after area! This duplex is within walking distance of multiple cafés, restaurants and shopping. While being careful to preserve historic features, this duplex under went major renovations in 2023 including new Roof, plumbing, appliances, new downstairs central HVAC installation, and more! The new expensive back deck allows for the unique skyline view of downtown Columbia and Carraway park. This property is literally steps from Riverwalk Park. This property has so much potential. For creative entrepreneurs, the backyard could make the perfect spot for a food truck. This property currently has tenants with 1-year lease agreements. There is potential for increased future income. Come see for yourself.Tenants will need 24-hour notice/Appointment required Disclaimer: CMLS has not reviewed and, therefore, does not endorse vendors who may appear in listings.
$ 599,000
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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.
