156 Garrett Street, Spartanburg, SC 29302

Local realty services provided by:Better Homes and Gardens Real Estate Medley
156 Garrett Street,Spartanburg, SC 29302
$395,000
  • 8 Beds
  • 4 Baths
  • 2,980 sq. ft.
  • Multi-family
  • Active
Listed by: shanda davey
Office: encore realty
MLS#:1578770
Source:SC_GGAR

Price summary

  • Price:$395,000
  • Price per sq. ft.:$132.55

About this home

Don't miss this prime investment property featuring four 2-bedroom, 1-bath units. Currently, three units are occupied with strong rental history, generating a combined rental income of $2,650/month, with the fourth unit previously renting for $900/month—total potential income of $3,550/month. Situated just off East Main Street in School District 7, this multifamily property is conveniently located near shopping, public transportation, and is within walking distance to Converse College. There is a newer roof, all appliances have been updated in the last 3 years. The area is experiencing notable new development, making this an ideal time to invest. Each unit is separately metered for utilities, offering added convenience and flexibility for tenants and owners alike, and the roof is new. The property is being sold "As Is", with the following lease expirations in place: Unit 1: Leased through 06/30/2026, Unit 2: Leased through 10/31/2025, Unit 3: Vacant, Unit 4: Leased through

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Home facts

  • Year built:1916
  • Listing ID #:1578770
  • Added:33 day(s) ago
  • Updated:February 12, 2026 at 03:41 PM

Rooms and interior

  • Bedrooms:8
  • Total bathrooms:4
  • Full bathrooms:4
  • Living area:2,980 sq. ft.

Heating and cooling

  • Cooling:Central Forced, Electric
  • Heating:Baseboard, Electric, Natural Gas

Structure and exterior

  • Roof:Composition
  • Year built:1916
  • Building area:2,980 sq. ft.

Schools

  • High school:Spartanburg
  • Middle school:McCraken
  • Elementary school:Drayton Mills

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$395,000
  • Price per sq. ft.:$132.55
  • Tax amount:$9,628

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