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156 Garrett Street, 
Spartanburg, SC 29302

$415,000


8

Beds


4

Baths


2,980

Sq Ft


Multi-Family

Active

Listed by

Shanda Davey

Encore Realty

864-326-5047

Last updated:

August 1, 2025, 03:40 PM

MLS#

1565137

Source:

SC GGAR

About This Home

156 Garrett Street

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. All appliances have been updated in the last 3 years and the seller will install a new range and refrigerator with acceptable offer. 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 07/31/2026. Whether you're a seasoned investor or just entering the market, this is a solid income-generating asset with strong rental history and growth potential. Schedule your showing today and take the next step toward building your portfolio!

Home Facts

Multi-Family

4 Baths

8 Bedrooms

Built in 1916

Price Summary

415,000

$139 per Sq. Ft.

MLS #:

1565137

Last Updated:

August 1, 2025, 03:40 PM

Added:

3 day(s) ago


Rooms & Interior

Bedrooms

Total Bedrooms:

8

Bathrooms

Total Bathrooms:

4

Full Bathrooms:

4


Structure

Structure

Building Area:

2,980 Sq. Ft.

Year Built:

1916


Lot

Lot Size (Sq. Ft):

7,405


Finances & Disclosures

Finances

Price:

$415,000

Price per Sq. Ft:

$139 per Sq. Ft.

Source:SC GGAR
The information being provided by Greater Greenville Association of Realtors is for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information is deemed reliable but not guaranteed and should therefore be independently verified. © 2025 Greater Greenville Association of Realtors All rights reserved.

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