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For sale
  • Price cut: $200K (3/27)
    $1,990,000

    1401 Elmtree Rd, Columbia, SC 29209

    5beds
    16,200sqft
    : 
    Apartment
    Built in 1987
    -- sqft lot
    $-- Zestimate®
    $123/sqft
    $-- HOA

    What's special

    Renovated units
    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.
    215 days
    on Zillow
    |
    809
    |
    49
    |

    Zillow last checked: 7 hours ago

    Listing updated: March 27, 2025 at 12:11pm

    Listed by:

    Lee Ohana,

    Keller Williams The Forturro Group

    Source: Consolidated MLS,MLS#: 597248MLS Logo
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    Next available tour time:Today at 1pm

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 4
    • Full bathrooms: 4
    Heating
    • Central
    Cooling
    • Central Air
    Interior area
    • Total structure area: 16,200
    • Total interior livable area: 16,200 sqft

    Property

    Parking
    • Total spaces: 18
    • Parking features: Off Street
    Features
    • Stories: 2
    Lot
    • Dimensions: 241' x 195' x 223' x 195'
    Details
    • Parcel number: 164140315

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Apartment
    Materials
    • Vinyl
    • Foundation: Slab
    Condition
    • New construction: No
    • Year built: 1987

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Community
    • Subdivision: CAPITAL HEIGHTS
    Location
    • Region: Columbia

    Financial & listing details

    • Price per square foot: $123/sqft
    • Tax assessed value: $691,200
    • Annual tax amount: $19,986
    • Date on market: 11/3/2024
    • Listing agreement: Exclusive Right To Sell
    • Total actual rent: 2270
    • Tenant pays: Pest Control, Electric, Cable, Water, Sewer, Heating
    • Road surface type: Paved
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