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: | 52 |
| Average Price: | $573,702 |
| Highest Listing Price: | $8,200,000 |
| Average Days On Market: | 81 |
| Average Price/SqFt: | $183 |
Multifamily Columbia SC For Sale currently has fifty-two (52) for sale on MLS. Multifamily Columbia SC For Sale listings have an average sales price of $573,702 ranging in price from $60,000 to $8,200,000. The average sq ft home size of Multifamily Columbia SC For Sale Columbia SC is 3,138 square feet. The largest property for sale is 25,600 sqft and smallest 1,150 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 81 days on the market.
What's YOUR Home Worth?
$ 8,200,000
Specs: 19 Doors | 64 Beds | 38 Baths | 7 Duplexes | 5 SFD. Portfolio spread out in approx 1 mile radius surrounding University of South Carolina. Financial Snapshot: Yearly Gross Rents: $717,600 | Gross Insurance: $23,819 | 2025 Taxes: $42,401 | 6 properties have a 20 year tax abatement (Bailey Bill) | 9 Cap Rate. Why Invest? Stable Income: Generate $59,800 in monthly gross rents. Leases in place until July 2027. Strategic Location: Close to University of SC, ensuring a steady pool of student tenants. High Demand: Benefit from the consistent demand for student housing over 40,000 student base. Value Appreciation: Potential for property value growth every year. Mix of newer construction and stud rehabs from 2019-2023 Consistent rent increases year over year. Will not subdivide portfolio. No showings until after contract. Disclaimer: CMLS has not reviewed and, therefore, does not endorse vendors who may appear in listings.
$ 8,200,000
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$ 3,750,000
Luxery Living Near USC! The Graymont is a group of ten units with three buildings. The first building, 401 Graymont, consist of 6 units with 3 bedrooms and 3 baths. The second building, 407 Graymont, has 3 units with 3 bedrooms and 3 baths. The final unit, 409 Graymont is a stand alone 4 bedroom with 3 baths. Total of 31 Bedrooms and 30 Bathrooms. Pro forma available upon request. Projected rents for 2026-2027 school year $370,800. Disclaimer: CMLS has not reviewed and, therefore, does not endorse vendors who may appear in listings.
$ 3,750,000
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$ 1,595,000
Two brand new duplexes in a convenient downtown location only 2 miles to USC campus and 1.4 miles to Five Points. All custom built and professionally designed by Lafaye Custom Homes in 2025. Fully leased until 7-31-2027 with gross income of $150,825 per year-security deposits and leases in hand. All four units are separately metered with tenants paying all utilities. There are two duplexes, four units total, each of the four units have 3 bedrooms and each bedroom has its own private bath (a total of 12 bedrooms and 12 full baths). These townhome style duplexes have large living spaces opening to the kitchens with solid stone countertops (as well as in all bathrooms), all new stainless steel appliances including dishwashers, stoves, refrigerators, & microwaves. Each unit has it's own washer/dryer, Ring Camera Systems, tankless hot water heaters and more. There's ample off-street parking, large backyards with covered outdoor entertainment areas. This is an extraordinary offering unlike the typical 80 year old "get your checkbook out" rental property needing constant maintenance. Disclaimer: CMLS has not reviewed and, therefore, does not endorse vendors who may appear in listings.
$ 1,595,000
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$ 735,000
This is an interesting Commercial / residentual property, Could be a live / work property , The Two front Commerrcial units are presently occupied by one tenant , as i see it the greatest potential to improve rental income or owner occupy ...Convienantly located to Down Town ( 1 mile ) New USC medical School , University of SC , dining in Cotton Town Main St , Vista , shopping , Inrestate access.This unique property has Commercial usage and 4 residentual units , two that have been completly renovated .The other units bring in respectible rent for what they are , upside potential ...The Commercial up front has great street visability Good off street parking in front of commercial , and in back through the portechet .We are leaving unit F in back up vac for easy showing , updated with last rent rate $1,450 per month .If F rented for prior rent and all else stayed the same gross annual rent of $74,280. Traffic count 22,000 cars a day during the week .....For an owner occupant buisness owner great exposure and an additional 1500 sq ft to add to comercial in front ... with 3 residentuial rentals to boot ..... Disclaimer: CMLS has not reviewed and, therefore, does not endorse vendors who may appear in listings.
$ 735,000
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$ 685,000
Don't miss this exceptional turn-key investment opportunity located at 6832 Two Notch Road in Columbia, SC. This fully occupied income-producing property features a 5-home mobile home park consisting of four double-wide mobile homes, one single-wide, and a solid 2-bedroom brick house. All units are currently rented, generating a strong monthly rental income of $6,700, with low operating expenses averaging just $600 per month. The property also includes a massive 30x40 three-door garage, offering approximately 7,800 square feet of heated space—perfect for automotive work, storage, or a commercial business setup.Ideally situated on busy Two Notch Road, this property enjoys excellent visibility and access, just 10 minutes from Downtown Columbia, 10 minutes from Fort Jackson, and only 15 minutes from the new Scout Motors EV plant in Blythewood. The location offers a powerful combination of residential and commercial potential, making it ideal for investors seeking immediate cash flow with long-term upside. Zoned with flexibility for various uses, this property is a rare opportunity to secure a high-yield asset in one of Columbia’s most active growth corridors.Whether you're an experienced investor looking to expand your portfolio or a developer exploring new opportunities, this property delivers strong income, future development potential, and a prime location all in one package. Contact us today to learn more or to schedule a private showing. Disclaimer: CMLS has not reviewed a
$ 685,000
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Investment opportunity in the heart of Rosewood. This Property includes two side-by-side duplexes, each featuring 2 bedrooms and 1 bathroom, located within walking distance of the University of South Carolina—a prime area for consistent rental demand.Several units are already occupied by long-term tenants, providing immediate cash flow, while the remaining units have value-added potential through updates or repositioning.A large vacant lot at the rear of the property adds significant upside, presenting an excellent opportunity for future expansion or additional development. Buyer or buyer’s agent should verify zoning and development requirements. Disclaimer: CMLS has not reviewed and, therefore, does not endorse vendors who may appear in listings.
$ 675,000
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$ 665,000
Renovated five-unit complex convenient to USC and town. Landscaping includes parking lot for 10 cars, roll cart concealed storage, palm trees with uplighting. Tenants pay water and sewer each have seperate meters. Owner may consider Financing !! Disclaimer: CMLS has not reviewed and, therefore, does not endorse vendors who may appear in listings.
$ 665,000
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$ 649,000
This renovated triplex is fully leased until Summer of 2027. There are three units with a total a total of 7 bedrooms and 3 full baths. Annual leases in place with $5,100 per in rents per month, $61,200 per year, in addition tenants pay an admin fee of $2,350 per year to Owner. Extensive renovations have now been completed including new roof in 2025, all new interior and exterior painting, new flooring, renovated baths, kitchens (including all new appliances, cabinets, countertops) all new light fixtures, plumbing fixtures, Ring camera systems, and each unit includes washer/dryer. All very attractively decorated and a solid return. Disclaimer: CMLS has not reviewed and, therefore, does not endorse vendors who may appear in listings.
$ 649,000
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$ 647,500
Excellent investment opportunity featuring three income-producing rental units (2437/2439 Wilmot and 407 Queen) on one property. This unique triplex includes two spacious duplex units and a separate garage apartment, offering a diverse rental mix with strong income potential. The duplex units each feature 2 bedrooms, 1 full bath, and approximately 1,095 square feet of living space. Both have charming covered front porches, hardwood floors throughout the main living areas and bedrooms, tile bathrooms, central heating and air conditioning, fireplaces, washer and dryer hookups, drop-stair attic storage, and crawl-space foundations. The third unit is a detached 1-bedroom, 1-bath garage apartment offering approximately 520 square feet. This efficient space includes gas furnace heat and window air conditioning units, making it an attractive option for tenants seeking affordable, private living. The property benefits from City of Columbia services, including weekly trash and yard debris pickup as well as bi-weekly recycling collection. Each unit is equipped with its own dedicated trash and recycling carts for added convenience. Whether you're looking to expand your investment portfolio, live in one unit while generating rental income from the others, or acquire a well-maintained multi-family property in a desirable location, this triplex presents a rare opportunity with multiple revenue streams and long-term upside. Disclaimer: CMLS has not reviewed and, therefore, does not endorse
$ 647,500
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$ 575,000
Excellent investment opportunity in the heart of downtown Columbia! This all-brick quadplex is ideally located within walking distance to the University of South Carolina, popular restaurants, shopping, and entertainment. Each unit features 2 bedrooms, 1 bathroom, hardwood floors, spacious kitchens, and washer/dryer connections.The property includes a covered front porch, private rear decks, and designated rear parking for tenants. One unit is equipped with central HVAC, while the remaining units feature window units and furnace heat. Three units are currently occupied with long-term tenants on month-to-month leases, providing immediate rental income, while one vacant unit offers the perfect opportunity for an owner-occupant or to lease.Whether you are looking to expand your investment portfolio or secure a cash-flowing multifamily property in one of Columbia’s most desirable rental locations, this quadplex offers outstanding potential and convenience in a prime downtown setting. Disclaimer: CMLS has not reviewed and, therefore, does not endorse vendors who may appear in listings.
$ 575,000
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$ 569,000
This fully renovated triplex in Historic Earlewood is producing $4,680 a month in gross rent and all three units are occupied. Clean curb presence on a tree-lined street in one of Columbia's most established intown neighborhoods. The two upper units are 2BD/1BA each. The ground-floor unit is 1BD/1BA with its own separate entrance and comes fully furnished. Inside, both upper units were fully renovated white shaker cabinets, granite countertops, stainless Whirlpool appliances, high-gloss marble tile in the kitchens, refinished original hardwood floors in the living areas, LVP and ceiling fans in the bedrooms, and custom black pipe closet systems. Every unit has its own washer and dryer. Earlewood is the kind of neighborhood that holds. Mature oaks, real sidewalks, neighbors who've been here for years, and a 7-minute drive to downtown Columbia, USC, and the Vista. Properties like this fully occupied, fully renovated, strong location don't sit. Disclaimer: CMLS has not reviewed and, therefore, does not endorse vendors who may appear in listings.
$ 569,000
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This lovely two-story all brick Shandon duplex has so many options…Perfect for living in one side and receiving income from other. Wonderful investment opportunity but also a perfect and easy conversion to a single family home with great space to make an open floor plan. The larger side (2600) is a 3 bedroom with 2.5 baths with a large laundry room and the smaller side (2604) is a 2 bedrooms/1 bath with a deck. Hardwood floors and tile, smooth ceilings, each have sizable kitchens/ living areas and the bedrooms are exceptionally spacious. The brick front porch is large and private for enjoying the walkers, bikers and is a substantial asset to the exterior of this home. Backyard is massive for expanding the back of home, adding a pool and outdoor living area. Each residence address has individual paved driveways which is a rare asset…architectural roof replaced Jan,2026! Shandon is a fabulous neighborhood with a relaxed ambience, short walks to Publix, Starbucks, cafes, schools and 2 neighborhood parks. Beautiful oaks, sidewalks that make biking and walking a pleasure. Must have at least 24 hour notice to show as courtesy to present renters. Disclaimer: CMLS has not reviewed and, therefore, does not endorse vendors who may appear in listings. Disclaimer: CMLS has not reviewed Disclaimer: CMLS has not reviewed and, therefore, does not endorse vendors who may appear in listings.
$ 563,900
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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.
