156 Garrett Street Spartanburg, SC $ 400,000
156 Garrett Street
$ 400,000
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156 Garrett Street

Spartanburg, SC, 29302
$ 400,000
Bedrooms8 Baths4.0 Sq 2,980

Monthly Estimate*

$ 2,495

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Multi-Family Home for sale in Spartanburg, SC

for $400,000 with 8 bedrooms and 4 full baths. This 2,980 square foot home was built in 1916 on a lot size of 0.17.

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 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!

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Multi-Family Active

Price

$ 400,000

Bedrooms

8

Full Bath

4

Property Type

Multi-Family

Taxes

$ 9,628

Style

Quadruplex

Lot Size

0.17

Year Built

1916

Town/City

Spartanburg

County/Region

Spartanburg

MLS | Web ID

1565137

Features
General
Sewer Public Sewer
Heating Baseboard Electric Natural Gas
Cooling Central Forced Electric Wall/Window Unit(s) Multi Units
Roof Composition
Appliances Electric Water Heater Water Heater
Construction Materials Vinyl Siding
Year Built 1916
Stories Count 2
Levels Two
Property Subtype Quadruplex
Tax Year 2024
Community Features None
County Spartanburg
New Construction N
Property Type Residential Income
HOA N
Attached Garage N
Subdivision Name None
Garage Y/N N
Total Rooms 12
Full Baths 4
Status Active
Directions From 185 Take US-221 S to Floyd St Turn left onto Floyd St Take Heywood Ave to Washington PI. Continue on Washington Pl. Turn onto Garrett St. House is second to last on left.
High School Spartanburg
City Spartanburg
Disclosures Seller Disclosure
Senior Community Y/N N
Number Of Units Total 4
MLS Area 033
Lot Size Units Square Feet
Lot Size Square Feet 7405.2
Carport Y/N N
Elementary School Drayton Mills
Tax Annual Amount 9628.4
Middle/Junior High School McCraken
Property Condition 50+
Lease Considered Y/N N
Building Area Units Square Feet
Living Area Units Square Feet
Standard Status Active
Occupancy Type Tenant Vacant
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Exterior
Parking Features Off Street
Water Source Public
Lot Size Area 7405.2
Foundation Details Crawl Space
Spa N
Building Area Total 2980
Lot Size Acres 0.17
Waterfront Y/N N
Horse Y/N N
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Interior
Basement (Y/N) N
Air Conditioning Y/N Y
Heating Y/N Y
Fireplace Y/N N
Half Baths 0
Total Bedrooms 8
Below Grade Finished Area Unit Type Square Feet
Total Baths 4
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* Excluded Features
List By
Shanda Davey

Listing Agent

Encore Realty

Broker

shanda@encorerealtysc.com

Email

Affordability Calculator

$3,298
Per Month
76%
24%
0%
Monthly Principal & Interest
$2,495
Monthly Property Taxes
$802
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
2771881 Elementary School
331211 Middle School
Spartanburg High School High School
Pricing History
DatePricePrice ChangeDescription
11/13/2025$400,000 -3.61% Price Down
8/1/2025$415,000 Listed Price

Map


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156 Garrett Street, Spartanburg, SC, 29302 is a Multi-Family Home for sale at $400,000 with 2,980 sqft and a lot size of 0.17. 156 Garrett Street has 8 bedrooms, 4.0 baths, and was built in 1916. The property's zip code is 29302 which is in Spartanburg, SC