1308 Maple St - Multi-Family FOR SALE


Columbia, SC 29205- Melrose Heights
$875,000 USD
803-678-4921
1308 Maple St, Columbia, SC for Sale
$875,000 USD
Multi-Family - FOR SALE
1/4
null | Request Cap Rate

1308 Maple St
Columbia, SC 29205
Melrose Heights


HIGHLIGHTS

  • Tri-Plex located in desirable Melrose Heights neighborhood consisting of 8 total beds.
  • Interior renovations completed, including two fully renovated kitchens.
  • Less than 2 miles to the University of South Carolina, the Devine Street Corridor, and Five Points.

OVERVIEW

Marcus & Millichap is pleased to present for sale 1308 Maple, a triplex located in the desirable Melrose Heights neighborhood of downtown Columbia. Situated on approximately 0.40 acres, the asset consists of three units totaling eight beds, currently leasing for $1,000 per bed. The property is located less than two miles from the University of South Carolina, providing direct access to one of the Southeast’s largest and most stable student housing demand drivers. Residents enjoy tree-lined streets, sidewalks, and convenient access to shopping, dining, and entertainment throughout Columbia. Each unit has undergone interior renovations, with two units fully renovated within the last 18 months. Improvements include upgraded kitchens and bathrooms, along with exterior enhancements such as a basketball court, wood deck, and covered backyard entertainment area. 1308 Maple is well positioned to capitalize on the continued growth and strong demand fundamentals of the University of South Carolina student housing market.

FOR SALE DETAILS

PRICE

$875,000 USD

PRICE/SF

$307 USD /SF

# OF UNITS

3

PRICE/UNIT

$291,667

CAP RATE

Request Cap Rate

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Tri - Plex @ 1308 Maple

PROPERTY TYPE

Multi-Family

ADD'L SUBTYPES

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1930

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.4 AC

LAND SF

17,424 SF

ZONING

RM-1

APN/PARCEL ID

R11414-12-10

ASK ABOUT THIS PROPERTY

Drew BabcockMarcus & MillichapMore Info
803-678-4921

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Drew BabcockMarcus & MillichapMore Info
803-678-4921

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.