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: | 48 |
| Average Price: | $504,195 |
| Highest Listing Price: | $3,750,000 |
| Average Days On Market: | 94 |
| Average Price/SqFt: | $143 |
Multifamily Columbia SC For Sale currently has fourty-eight (48) for sale on MLS. Multifamily Columbia SC For Sale listings have an average sales price of $504,195 ranging in price from $105,000 to $3,750,000. The average sq ft home size of Multifamily Columbia SC For Sale Columbia SC is 3,535 square feet. The largest property for sale is 16,200 sqft and smallest 850 sqft. View property listings for sale by price, street, subdivision, age, property type, location, features, size, and listing date, and time on MLS with an of 94 days on the market.
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$ 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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$ 1,849,000
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. Disclaimer: CMLS has not reviewed and, therefore, does not endorse vendors who may appear in listings.
$ 1,849,000
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$ 1,060,000
Great Opportunity for Investors for Rental Income in a Opportunity Zone. Wesley Pines is a Neighborhood of Rental Properties in a Beautiful, Multigenerational Community Previously Reserved for Seniors. Brick Duplexes with Sunrooms, Carports or Garages. Some of these units have been Recently Renovated with LVP, Fresh Paint, Light Fixtures, and More. This lot offers 6 dwellings/12 units: 102/104, 106/108, 110/112, 114/116, 118/120, 122/124. Additional duplexes are available on Lots 35,36 & 38. Disclaimer: CMLS has not reviewed and, therefore, does not endorse vendors who may appear in listings.
$ 1,060,000
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$ 975,000
Great Opportunity for Investors for Rental Income in a Opportunity Zone. Wesley Pines is a Neighborhood of Rental Properties in a Beautiful, Multigenerational Community Previously Reserved for Seniors. Brick Duplexes with Sunrooms, Carports or Garages. Some of these units have been Recently Renovated with LVP, Fresh Paint, Light Fixtures, and More. This lot offers 5 dwellings: 101/103, 105, 107/109, 111/113, 115/117Additional duplexes are available on Lots 35, 36, 37 Disclaimer: CMLS has not reviewed and, therefore, does not endorse vendors who may appear in listings.
$ 975,000
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$ 799,000
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. Fully furnished and currently turnkey AirBnB with management in place with Heartwood. Property grandfathered in as AirBnB in Columbia. 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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$ 780,000
Disclaimer: CMLS has not reviewed and, therefore, does not endorse vendors who may appear in listings.
$ 780,000
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$ 775,000
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. Multiple property usages 3 of the 4 residentual units renovated Disclaimer: CMLS has not reviewed and, therefore, does not endorse vendors who may appear in listings.
$ 775,000
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$ 770,000
Great Opportunity for Investors for Rental Income in a Opportunity Zone. Wesley Pines is a Neighborhood of Rental Properties in a Beautiful, Multigenerational Community Previously Reserved for Seniors. Brick Duplexes with Sunrooms, Carports or Garages. Some of these units have been Recently Renovated with LVP, Fresh Paint, Light Fixtures, and More. This lot offers 4 dwellings: 123/125 & 135/137 currently have 2 rental units per dwelling, and 129 & 133 were constructed as 2 unit dwellings, and have been combined into single unit dwellings. Minor Renovations will convert back to 2 unit dwellings. Additional duplexes are available on Lots 37 & 38. Disclaimer: CMLS has not reviewed and, therefore, does not endorse vendors who may appear in listings.
$ 770,000
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$ 699,900
Looking for an investment that is showing a positive cash flow. Here you go. This 5 unit home was once a single family home with 4000 sqft and the owner converted this home into 5 efficiency apartments. Fully rented and all have their owner kitchen, bathrooms and Entrances. Actual Gross income of 67,800 per year now that the home is at full occupancy. This location is perfect to for tenants who work at the Savannah River site due to the close proximity to SRS. Disclaimer: CMLS has not reviewed and, therefore, does not endorse vendors who may appear in listings.
$ 699,900
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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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$ 675,000
INCREDIBLE INVESTMENT OPPORTUNITY! Great location for an investment property in sought after Shandon! Beautifully renovated brick duplex. 312 S. Woodrow and 314 S. Woodrow. Duplex has been completely renovated. Granite countertops and Stainless Steel Appliances in kitchen with new flooring, New Roof, new electrical runs to add exhaust fans and lighting in bathrooms. Home also has refinished hardwood floors! Both units have leases in place at $2250/month and $2175/month for a total of $4425 monthly income.Located in the Heart of Shandon near USC campus. Williams Brice Stadium/Fairgrounds, 5 Points and The Vista!. Perfect for college students as each unit is 3 bedrooms and 2 full baths! Each unit is approximately 1500 SF. Entire duplex is roughly 3000 SF. Call or text Rawlings to schedule a tour or for an appointment to view! Plenty of off-street parking. Disclaimer: CMLS has not reviewed and, therefore, does not endorse vendors who may appear in listings.
$ 675,000
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Rare investment opportunity in the heart of Lexington! This mobile home park sits on over 1.6 acres and includes four individual homes, all recently updated and full of potential. Unit 1: 3 bed, 2 bath single wide mobile home – new underpinning being added. Unit 2: 2 bed, 1 bath stick-built home with granite counters in kitchen. Unit 3: 3 bed, 2 bath double wide mobile home. Unit 4: Spacious 4 bed, 2 bath home at the rear of the property – Just completed renovations. All units feature durable LVP and tile flooring, with modern updates throughout. Whether you're house hacking or expanding your rental portfolio, this property offers strong income potential and flexibility. Reliable, long-term tenants in place. Conveniently located near everything in Lexington with easy access to schools, shopping, and major roadways. A rare chance to own a multi-unit, income-producing property in a fast-growing area! Disclaimer: CMLS has not reviewed and, therefore, does not endorse vendors who may appear in listings.
$ 650,000
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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.
