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: | 45 |
| Average Price: | $565,380 |
| Highest Listing Price: | $2,400,000 |
| Average Days On Market: | 61 |
| Average Price/SqFt: | $163 |
Multifamily Columbia SC For Sale currently has fourty-five (45) for sale on MLS. Multifamily Columbia SC For Sale listings have an average sales price of $565,380 ranging in price from $70,000 to $2,400,000. The average sq ft home size of Multifamily Columbia SC For Sale Leesville SC is 3,466 square feet. The largest property for sale is 16,200 sqft and smallest 1,018 sqft. View property listings for sale by price, street, subdivision, age, property type, location, features, size, and listing date, and time on MLS with an of 61 days on the market.
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$ 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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$ 1,399,000
An EXCITING investment opportunity: the occupied 10 UNIT apartment complex is in a prime Columbia location. 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.
$ 1,399,000
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$ 1,200,000
AIRBNB Units Booked Even in the Off Season! 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.
$ 1,200,000
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$ 1,200,000
AIRBNB Units Booked Even in the Off Season! 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.
$ 1,200,000
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$ 1,125,000
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.
$ 1,125,000
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$ 1,095,000
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.
$ 1,095,000
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$ 899,500
NEW CONSTRUCTION USC AREA investment property. Both units on a one-year lease starting June 1st, 2025. $6,600 per month or $79,200 in annual income. Tenants pay for all utilities. Water, gas, electricity, ets. Custom built by award-winning builder Wilson Co. Professionally designed by Winding Ivy. Plenty of off Street parking. Stained concrete floors downstairs. Solid surface counters. Pre-leased during construction in October 2024. Each unit consist of 3 large bedrooms with 3 ensuite bathrooms. Disclaimer: CMLS has not reviewed and, therefore, does not endorse vendors who may appear in listings.
$ 899,500
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$ 799,000
Custom built by award-winning builder Wilson Co. Potential income of $5,500 - $6,000 for long term rent or more for short term. Prime investment opportunity located downtown and just across from Providence Hospital. This newly constructed property offers incredible potential for USC parents, Airbnb hosts, medical personnel or savvy home hackers. With 6 spacious bedrooms and 6 bathrooms, this property is designed to maximize rental income and convenience. The building boasts a sleek, modern design creating a stylish and functional space. The private parking pad in the back provides convenient, off-street parking adding additional privacy and security. Whether you’re seeking a student rental or a flexible living arrangement, this property offers versatility and a strong potential return on investment. Disclaimer: CMLS has not reviewed and, therefore, does not endorse vendors who may appear in listings.
$ 799,000
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$ 799,000
Two Brick Duplexes on on Lot. 100% Leased- Tenants lease on 3 units 8/2/2023 to 7/22/2025, 1 Unit 8/1/24 to 7/22/25 Total Rents of $76,800 per year or $6400 per month. Total of 4 apartments-Total 8 bedrooms, 4 full baths and 2 half baths. Renovations completed within last 5 years. Roofs kitchens, baths, hardwoods, large outdoor recreation areas. Addresses are 1100-1102Butler Street and 3109-3111 Kline Street. Bailey Tax Relief applies. Disclaimer: CMLS has not reviewed and, therefore, does not endorse vendors who may appear in listings.
$ 799,000
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$ 710,000
FULLY LEASED AND RENOVATED QUAD WITH ONE BEDROOM, ONE RENOVATED BATHROOM. RENOVATED KITCHEN WITH NEW CABINETS, GRANITE COUNTERTOPS, AND STAINLESS STEAL APPLIANCES. ALL UNITS INCLUDE WASHER AND DRYER. ON AND OFF-STREET PARKING AVAILABLE. NEW ROOF INSTALLED IN 2023. Disclaimer: CMLS has not reviewed and, therefore, does not endorse vendors who may appear in listings.
$ 710,000
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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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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.
