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.
For sale
$1,849,000
1401 Elmtree Rd, Columbia, SC 29209
5beds
16,200sqft
Est.:
Apartment
Built in 1987
-- sqft lot
$-- Zestimate®
$114/sqft
$-- HOA
What's special
Renovated units
- 69 days |
- 502 |
- 27 |
Zillow last checked: 8 hours ago
Listing updated: October 17, 2025 at 08:28am
Listed by:
Jeff Forman,
Keller Williams The Forturro Group
Source: Consolidated MLS,MLS#: 619802
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 4
- Full bathrooms: 4
Heating
- Central, Electric
Cooling
- Central Air
Interior area
- Total structure area: 16,200
- Total interior livable area: 16,200 sqft
Video & virtual tour
Property
Parking
- Total spaces: 16
- 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: $114/sqft
- Tax assessed value: $691,200
- Annual tax amount: $19,986
- Date on market: 10/17/2025
- Listing agreement: Exclusive Right To Sell
- Total actual rent: 2270
- Tenant pays: Pest Control, Electric, Cable, Water, Sewer, Heating
- Road surface type: Paved
Estimated market value
Not available
Estimated sales range
Not available
$1,455/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 10/17/2025 | Listed for sale | $1,849,000-7.1%$114/sqft |
Source: | ||
| 10/1/2025 | Listing removed | $1,990,000$123/sqft |
Source: | ||
| 3/27/2025 | Price change | $1,990,000-9.1%$123/sqft |
Source: | ||
| 1/2/2025 | Listed for sale | $2,190,000$135/sqft |
Source: | ||
| 12/15/2024 | Pending sale | $2,190,000$135/sqft |
Source: | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2022 | $19,986 -0.8% | $41,470 |
| 2021 | $20,147 -1.4% | $41,470 |
| 2020 | $20,434 -0.3% | $41,470 |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$8,757/mo
Principal & interest
$7170
Property taxes
$940
Home insurance
$647
Climate risks
Neighborhood: 29209
Nearby schools
GreatSchools rating
- 3/10Annie Burnside Elementary SchoolGrades: PK-5Distance: 0.4 mi
- 7/10Crayton Middle SchoolGrades: 6-8Distance: 3.6 mi
- 7/10A. C. Flora High SchoolGrades: 9-12Distance: 3.9 mi
Schools provided by the listing agent
- Elementary: Annie Burnside
- Middle: Crayton
- High: A. C. Flora
- District: Richland One
Source: Consolidated MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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