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.
For sale
Price cut: $200K (3/27)
$1,990,000
1401 Elmtree Rd, Columbia, SC 29209
5beds
16,200sqft
Est.:
Apartment
Built in 1987
-- sqft lot
$-- Zestimate®
$123/sqft
$-- HOA
What's special
Renovated units
- 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#: 597248

Travel times
Tour with a buyer’s agent
Tour with a buyer’s agent
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
- Loading
- Loading