Fourplex
211 Brookside Dr · Duncan, SC
Flood risk 1/10 · Minimal
- FEMA flood zone
- X (unshaded)
- Chance of flooding over 30 yrs
- 0.0%
- Est. flood insurance / yr
- $507 – $1,088
Fire risk 2/10 · Minimal
- Est. fire insurance / yr
- $783 – $1,453
Heat risk 6/10 · Moderate
- Hot days now (above 104°F)
- 7 days/yr
- Hot days in 30 yrs
- 16 days/yr
Wind risk 2/10 · Minimal
- Chance of severe wind over 30 yrs
- 1.0%
Air-quality risk 4/10 · Minor
- Unhealthy air days now
- 4 days/yr
- Unhealthy air days in 30 yrs
- 5 days/yr
Risk factors via First Street. Map © Google.
Why this score? — see what drove the C grade
The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).
- Cash flow +22.5/30.0
- ARV discount +7.5/15.0
- DSCR +7.2/10.0
- 1% rule +5.9/10.0
- Schools +4.1/10.0
- Livability +3.4/5.0
- Rent growth +2.9/5.0
- Condition / age +2.0/5.0
- Appreciation +0.0/10.0
$550,000
🖨 Deal sheet (PDF) 📄 Offer letter ✓ Due diligence
Multi-family units
County records classify this as Multi-Family (2-4 Unit). Listing-text estimate: 4 units. confirmed
Listing remarks MLS
AMAZING INVESTMENT OPPORTUNITY! Newly renovated quadplex. This charming 2 bedroom, 1 bathroom per unit style home is professionally managed by Blue Ridge PM. It is conveniently located minutes from I-85 in Duncan SC. Tucked back on a quiet street, the units feature stainless steel appliances and granite counter tops. Washer Dryer hook ups are in the unit conventionally tucked away in a hall closet. The kitchens are tiled, and the rest of the units features new wood floors. 211 Brookside Drive UNIT #A, Duncan, SC, 29334 - Lease: 4/5/2023- 4/30/2024 Rent: $1015 211 Brookside Drive UNIT #B, Duncan, SC, 29334 - Lease: 2/1/2024- 1/31/2025 Rent: $950 211 Brookside Drive UNIT #C, Duncan, SC, 29334 - Lease: 4/1/2023- 3/31/2024 Rent: $950 211 Brookside Drive UNIT #D, Duncan, SC, 29334 - Lease: 10/16/2023- 10/31/2024 Rent: $1020
Key facts
- Renovated quadplex
- New wood flooring
- Granite countertops
Tags
Property features AI
Finance
- Other: Total of 4 units; each unit approximately 900 square feet
- HOA & community: No community amenities listed
Exterior
- Parking: Parking described as 'Other' (see remarks)
- Utilities: Public water; Septic sewer; Private garbage pickup; Water heater described as 'Other' (see remarks)
- Home design: Two-story building; Built in 1988
- Construction: Foundation described as 'Other' (see remarks)
- Exterior features: Vinyl siding exterior; Composition shingle roof
Interior
- Bedrooms: Each unit has 2 bedrooms
- Bathrooms: Each unit has 1 full bathroom
- Heating & cooling: Electric heating; Central forced cooling
- Interior features: Four separate units in one building
Neighborhood map
What this means for you Summary
Snapshot
- This is a 4 × 2-bed/1.0-bath units multifamily listed at $550k. Condition is rated fair.
Deal economics
- At list price, monthly cash flow is $922 ($11k/yr) — positive. Per door: $230/mo.
- The deal already cash-flows at list — no discount required.
- Meets the 1% rule at list price ($6k rent vs $550k).
- Recommended offer: $534k (3.0% below list) — sets the bar for market timing.
- Cap rate 8.3% vs local median 4.8% in Duncan — top-decile yield for the area; either an underpriced asset or a hidden risk that comps aren't pricing in. Stress-test before assuming the spread holds.
Location & tenants
- Location reads 68/100 on livability (#78 in SC) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+, health & safety A+; Watch: crime D+, employment D, amenities D-.
- Spartanburg 05 (suburban): math 45% / reading 51% proficiency, ranked #13 of 80 in SC (top 16%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
- Zoned schools: Duncan Elementary School of The Arts (math 30% / reading 37%, grade F, #362 of 597 statewide, top 61%, 689 students, 100% FRL) — zoned schools average 100% FRL vs 39% district-wide (61 pts higher); higher-poverty schools than district average — tighter screening recommended.
- Zoned-school proficiency averages 34% at this address vs 48% district-wide (-14 pts) — the specific schools serving this property underperform the Spartanburg 05 average; the district grade overstates school quality for this exact location.
- Market conditions: Rents rising (+1.5%/yr); 144 active listings in the ZIP; solid renter incomes; 3,129 units permitted in Spartanburg County in 2024 (40 in 5+ unit buildings).
- At $5,978/mo this rent would consume 88% of the median local household income ($81k/yr) (locally 300% of renters already pay >50% of income on rent) — very limited rent-growth headroom before tenants either downsize or default.
Forward outlook
- Local home prices are declining (-3.0%/yr); year-one equity from $4k of loan paydown is wiped out by about $16k of value loss. Plan a longer hold.
- Spartanburg County population projected at +18% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.
Negotiation context
- It's been on market 34 days — a 3% lower offer ($534k) is reasonable based on typical stale-listing flexibility.
- 5 sale attempts since 3y ago with the ask held roughly flat each time — persistent listings suggest the price (not the market) is what's stuck; bring a comps-based counter.
Risks & watch-outs
- Climate carrying-cost: extreme-heat days projected 7→16/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.
Questions for the listing agent
- It's been on market 34 days. Have you received any prior offers? Is the seller open to a 3% concession, seller financing, or rate buy-down credit?
- Can we see the unit-by-unit rent roll, current vacancy, and any below-market leases? What's the average tenancy length?
- What capital expenditures (roof, boiler, parking lot, exteriors) have been made in the last 5 years, and what's planned in the next 2?
- Have any recent inspections been done? Can we get a copy of the seller's disclosures and any deferred-maintenance estimates?
- Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
- Crime grade is D in this area — have there been break-ins, vandalism, or insurance claims at this property in the last 3 years? What carrier currently insures it and at what premium?
- What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
- What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
- How much new apartment / multifamily construction is in the pipeline within 1–3 miles? Heavy new supply (>2% of stock underway) typically softens rents 12–24 months out; light construction supports rent growth.
Investment metrics
- 1% rule
- 1.09% ✓
- Cap rate
- 8.30%
- Cash-on-cash
- 7.18%
- DSCR
- 1.32
- GRM
- 7.7
CMA / ARV
No comps found within radius.
Projected returns pro-forma
-3.0% appreciation · 1.52% rent growth · sell at horizon
- IRR
- -7.0%
- Equity multiple
- 0.75×
- Total profit
- $-39,103
- Equity at exit
- $82,007
- IRR
- 0.7%
- Equity multiple
- 1.05×
- Total profit
- $6,962
- Equity at exit
- $47,554
Cash invested: $154,000 (down + closing). Projections, not guarantees.
Landlord ↔ Tenant lean methodology
- Overall (STATE)
- 90 Strongly Landlord-Friendly
- State South Carolina
- 90 Strongly Landlord-Friendly · R+6
- County
- — inherits STATE
- City
- — inherits STATE
ZIP-level market 29334
- Home prices YoY
- -21.7%
- Rents YoY
- 1.5%
- Active inventory
- 144
- Price-to-rent
- 30.7×
Monthly cashflow live
- Estimated rent
- $5,978 medium interval (Pro) →
- Mortgage (P&I)
- −$2,884
- Tax est. 1.5%
- −$688 /mo · $8,250/yr
- Insurance
- −$229
- HOA
- −$0
- Vacancy / Maint / Mgmt
- −$1,255
- Net cashflow
- $922
Break-even live
Sensitivity live
| Price | -10% $1,302 | -5% $1,112 | +0% $922 | +5% $732 | +10% $542 |
|---|---|---|---|---|---|
| Rent | -10% $449 | -5% $686 | +0% $922 | +5% $1,158 | +10% $1,394 |
| Rate | -1.0pp $1,199 | -0.5pp $1,062 | base $922 | +0.5pp $779 | +1.0pp $634 |
4-unit breakdown (identical units grouped — click to expand)
| Units | Beds | Baths | Est. rent |
|---|---|---|---|
| 4× units | 2 | 1 | $5,980 |
| #1 | 2 | 1 | $1,495 |
| #2 | 2 | 1 | $1,495 |
| #3 | 2 | 1 | $1,495 |
| #4 | 2 | 1 | $1,495 |
| Total (4 units) | $5,978 | ||
UW: 25.0% down · 7.5% · 30yr · 1.5% tax · 5.0% vac · 8.0% maint · 8.0% mgmt
Financing live
Cash to close
- Down payment
- $137,500
- Closing costs
- $16,500
- Reserves months
- —
- Total cash needed
- —
Loan-product check · same deal, 3 products live
Conventional
25% down · 7.5% · 30yr
- Down + closing
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
Personal DTI + credit; lowest rate.
DSCR
20% down · 8.5% · 30yr
- Down + closing
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
No personal income docs; deal must DSCR.
Hard money
10% down · 12.0% · 12mo
- Down + closing
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
Short-term bridge; refi at stabilization.
Listing history 31 events
-
2026-06-18days on market $550,000 Active 34 DOM
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2026-06-17days on market $550,000 Active 33 DOM
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2026-06-16days on market $550,000 Active 32 DOM
-
2026-06-15days on market $550,000 Active 31 DOM
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2026-06-14days on market $550,000 Active 29 DOM
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2026-06-13pricedays on market $550,000 Active 28 DOM
-
2026-06-10days on market $575,000 Active 26 DOM
-
2026-06-09days on market $575,000 Active 25 DOM
-
2026-06-08days on market $575,000 Active 24 DOM
-
2026-06-07days on market $575,000 Active 23 DOM
-
2026-06-02days on market $575,000 Active 18 DOM
-
2026-06-01days on market $575,000 Active 17 DOM
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2026-05-31days on market $575,000 Active 16 DOM
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2026-05-30days on market $575,000 Active 15 DOM
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2026-05-15$575,000 Active
-
2024-05-03soldstatus $499,400 Sold 831-char remark
Show marketing remark (831 chars)
AMAZING INVESTMENT OPPORTUNITY! Newly renovated quadplex. This charming 2 bedroom, 1 bathroom per unit style home is professionally managed by Blue Ridge PM. It is conveniently located minutes from I-85 in Duncan SC. Tucked back on a quiet street, the units feature stainless steel appliances and granite counter tops. Washer Dryer hook ups are in the unit conventionally tucked away in a hall closet. The kitchens are tiled, and the rest of the units features new wood floors. 211 Brookside Drive UNIT #A, Duncan, SC, 29334 - Lease: 4/5/2023- 4/30/2024 Rent: $1015 211 Brookside Drive UNIT #B, Duncan, SC, 29334 - Lease: 2/1/2024- 1/31/2025 Rent: $950 211 Brookside Drive UNIT #C, Duncan, SC, 29334 - Lease: 4/1/2023- 3/31/2024 Rent: $950 211 Brookside Drive UNIT #D, Duncan, SC, 29334 - Lease: 10/16/2023- 10/31/2024 Rent: $1020
-
2024-02-16status Pending 831-char remark
Show marketing remark (831 chars)
AMAZING INVESTMENT OPPORTUNITY! Newly renovated quadplex. This charming 2 bedroom, 1 bathroom per unit style home is professionally managed by Blue Ridge PM. It is conveniently located minutes from I-85 in Duncan SC. Tucked back on a quiet street, the units feature stainless steel appliances and granite counter tops. Washer Dryer hook ups are in the unit conventionally tucked away in a hall closet. The kitchens are tiled, and the rest of the units features new wood floors. 211 Brookside Drive UNIT #A, Duncan, SC, 29334 - Lease: 4/5/2023- 4/30/2024 Rent: $1015 211 Brookside Drive UNIT #B, Duncan, SC, 29334 - Lease: 2/1/2024- 1/31/2025 Rent: $950 211 Brookside Drive UNIT #C, Duncan, SC, 29334 - Lease: 4/1/2023- 3/31/2024 Rent: $950 211 Brookside Drive UNIT #D, Duncan, SC, 29334 - Lease: 10/16/2023- 10/31/2024 Rent: $1020
-
2024-01-04price $499,400 831-char remark
Show marketing remark (831 chars)
AMAZING INVESTMENT OPPORTUNITY! Newly renovated quadplex. This charming 2 bedroom, 1 bathroom per unit style home is professionally managed by Blue Ridge PM. It is conveniently located minutes from I-85 in Duncan SC. Tucked back on a quiet street, the units feature stainless steel appliances and granite counter tops. Washer Dryer hook ups are in the unit conventionally tucked away in a hall closet. The kitchens are tiled, and the rest of the units features new wood floors. 211 Brookside Drive UNIT #A, Duncan, SC, 29334 - Lease: 4/5/2023- 4/30/2024 Rent: $1015 211 Brookside Drive UNIT #B, Duncan, SC, 29334 - Lease: 2/1/2024- 1/31/2025 Rent: $950 211 Brookside Drive UNIT #C, Duncan, SC, 29334 - Lease: 4/1/2023- 3/31/2024 Rent: $950 211 Brookside Drive UNIT #D, Duncan, SC, 29334 - Lease: 10/16/2023- 10/31/2024 Rent: $1020
-
2023-12-15$499,500 Active 831-char remark
Show marketing remark (831 chars)
AMAZING INVESTMENT OPPORTUNITY! Newly renovated quadplex. This charming 2 bedroom, 1 bathroom per unit style home is professionally managed by Blue Ridge PM. It is conveniently located minutes from I-85 in Duncan SC. Tucked back on a quiet street, the units feature stainless steel appliances and granite counter tops. Washer Dryer hook ups are in the unit conventionally tucked away in a hall closet. The kitchens are tiled, and the rest of the units features new wood floors. 211 Brookside Drive UNIT #A, Duncan, SC, 29334 - Lease: 4/5/2023- 4/30/2024 Rent: $1015 211 Brookside Drive UNIT #B, Duncan, SC, 29334 - Lease: 2/1/2024- 1/31/2025 Rent: $950 211 Brookside Drive UNIT #C, Duncan, SC, 29334 - Lease: 4/1/2023- 3/31/2024 Rent: $950 211 Brookside Drive UNIT #D, Duncan, SC, 29334 - Lease: 10/16/2023- 10/31/2024 Rent: $1020
-
2023-12-07historical
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2023-10-20$499,500 Active
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2023-10-20historical
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2023-10-06price $499,500
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2023-09-19price $509,000
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2023-08-26price $519,000
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2023-08-11price $535,900
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2023-08-05price $536,000
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2023-07-08price $545,000
-
2023-06-20status Active
-
2023-06-13historical
-
2023-06-08$555,000 Active
ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot
backfill from property_details.listing_events for pre-trigger history.
Climate risk First Street
- Flood 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
- Wildfire 2/10 Low
- Heat 6/10 Major 7 d/yr ≥104°F today · 16 d/yr by 30 yrs out
- Wind 2/10 Low 100% chance of damaging wind over 30 yrs
- Air quality 4/10 Moderate 4 unhealthy d/yr today · 5 by 30 yrs out
Nearby sold comps map
Loading sold comps map…
Walkable amenities ~0.75 mi
Loading nearby amenities…
Taxation est. · year 1
- Rental income
- $71,736
- − Mortgage interest
- −$30,809
- − Property taxes
- −$8,250
- − Insurance
- −$2,750
- − Repairs & maintenance
- −$5,739
- − Management
- −$5,739
- − Depreciation
- −$16,000
- Taxable income
- $2,450
- Est. tax owed @ 24.0%
- −$588
- After-tax cash flow
- $10,472/yr
For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.
Condition & rehab AI · 12 photos
This quadplex requires moderate renovations to improve its condition and increase its value. Key areas for improvement include the kitchen, bathrooms, exterior, and windows.
Repairs flagged
- Major Kitchen appliances — Outdated and in need of replacement
- Major Bathroom fixtures — Outdated and in need of replacement
- Major Exterior siding — Weathered and in need of repainting
- Moderate Windows — Not recently replaced and may need sealing
Value-add opportunities
- Both Replace kitchen appliances and fixtures — Modernizing the kitchen will appeal to both buyers and renters
- Both Paint interior and exterior — Fresh paint will improve curb appeal and interior aesthetics
- Both Replace windows — New windows will improve energy efficiency and curb appeal
Renovation cost estimate screening
| Repair item | Severity | Est. cost |
|---|---|---|
| Kitchen appliances · Outdated and in need of replacement | Major | $15,000–50,000 |
| Bathroom fixtures · Outdated and in need of replacement | Major | $15,000–50,000 |
| Exterior siding · Weathered and in need of repainting | Major | $15,000–50,000 |
| Windows · Not recently replaced and may need sealing | Moderate | $3,000–15,000 |
| Total estimated repair cost · 4 items | $48,000–165,000 |
Value-add ROI direction
- Both Replace kitchen appliances and fixtures — Modernizing the kitchen will appeal to both buyers and renters ↑
- Both Paint interior and exterior — Fresh paint will improve curb appeal and interior aesthetics ↑
- Both Replace windows — New windows will improve energy efficiency and curb appeal ↑
ⓘ Cost ranges are severity-bucket heuristics (US national rule-of-thumb). Get contractor quotes + a written scope before underwriting a rehab budget.
Schools (NCES district)
- District
- Spartanburg 05
- NCES district ID
- 4503600
- Math proficiency
- 45% ▼ -11.00%
- Reading proficiency
- 51% ▬ 0.00%
- Median HH income
- $52,127
- Composite
- 41.31/100
- National rank
- #3512
- State rank
- #13 of 80 in SC
Livability — Duncan
- Score
- 68/100
- State rank
- #78
- US rank
- #9099
Category grades
Schools grade is shown separately in the Schools card above.
Census & demographics
- County
- Spartanburg County · 258,607 people
- City population
- 18,575
- Metro
- Spartanburg, SC
- Population (ZIP)
- 18,575
- Household income
- $81,413
- Rent vs Own
- Severe rent burden
- 300.0
Population outlook (Spartanburg County) Hauer SSP2
- Today (2025)
- 325,495 people
- By 2030
- 338,800 · +4.1%
- By 2040
- 363,471 · +11.7%
- By 2050
- 384,156 · +18.0%
- By 2075
- 430,137 · +32.1%
- By 2100
- 442,733 · +36.0%
Race, ethnicity, and origin ACS 2023
- Neighborhood character
- Majority White (64%)
- Race & ethnicity
- White 64% Black 22% Hispanic / Latino 9% Two or more races 7% Asian 2%
- Hispanic origin (detail)
- Mexican 6% Cuban 1%
- Common ancestry
- Lithuanian 2% Serbian 1% Italian 1%
- Foreign-born
- 9% · Canada, Jamaica
- Languages at home
- 90% English-only · Spanish 4% Other Indo-European 2% Russian/Polish/Slavic 1%
Political lean MEDSL · Spartanburg
- 2024 margin
- Solid R (+33.6) · D 32.6% · R 66.2% · Other 1.2%
- 2008→2024 swing
- -12.0pp toward R · 2008: -21.6pp · 2024: -33.6pp
- All cycles
- 2024: R+33.6 2020: R+27.3 2016: R+30.0 2012: R+23.1 2008: R+21.6
Not yet ingested
- Civics
- —
Market trends
- HPI YoY
- ▼ -63.74%
- Current HPI
- 230.2483
- Rent YoY
- ▲ 1.52%
- Metro
- Spartanburg, SC
- State GDP YoY
- ▲ 4.51%
- F500 in state
- 2
Industry mix (Fortune 500 HQ in SC)
| Industry | F500 HQs | Revenue |
|---|---|---|
| Packaging | 1 | $7B |
|
||
Price history
+3.6% since first listed17 events — show timeline
- 2026-05-15 Listed $575,000 Greater Greenville MLS
- 2024-05-03 Sold (MLS) $499,400 Greater Greenville MLS
- 2024-02-16 Pending — Greater Greenville MLS
- 2024-01-04 Price Changed $499,400 Greater Greenville MLS
- 2023-12-15 Listed $499,500 Greater Greenville MLS
- 2023-12-07 Listing Removed — Greater Greenville MLS
- 2023-10-20 Listing Removed — Greater Greenville MLS
- 2023-10-20 Listed $499,500 Greater Greenville MLS
- 2023-10-06 Price Changed $499,500 Greater Greenville MLS
- 2023-09-19 Price Changed $509,000 Greater Greenville MLS
- 2023-08-26 Price Changed $519,000 Greater Greenville MLS
- 2023-08-11 Price Changed $535,900 Greater Greenville MLS
- 2023-08-05 Price Changed $536,000 Greater Greenville MLS
- 2023-07-08 Price Changed $545,000 Greater Greenville MLS
- 2023-06-20 Relisted — Greater Greenville MLS
- 2023-06-13 Listing Removed — Greater Greenville MLS
- 2023-06-08 Listed $555,000 Greater Greenville MLS
Cash-flow waterfall
monthlySold comps — $/sqft
last 12 mo · ≤1 miLoading sold comps…