3745 Montgomery Ave - Multi-Family FOR SALE


Columbia, SC 29205- Rosewood
$3,024,000 USD
803-678-4921
3745 Montgomery Ave, Columbia, SC for Sale
$3,024,000 USD
Multi-Family - FOR SALE
1/5
null | 5.93% Cap Rate

3745 Montgomery Ave
Columbia, SC 29205
Rosewood


HIGHLIGHTS

  • Prime downtown Columbia location with consistently strong rental demand
  • Majority of units are individually metered for utilities, reducing operating expenses
  • Eight newly constructed townhomes built between 2021 and 2024
  • No landlord responsibility for trash pickup (covered by City of Columbia) – further lowering expenses
  • Includes three single-family homes with value-add potential through interior upgrades

OVERVIEW

Marcus & Millichap is pleased to present for sale an 18-unit residential rental portfolio in Columbia, South Carolina. The portfolio is strategically positioned in highly desirable neighborhoods with strong tenant demand and consists of five townhome units on Montgomery Avenue, seven units at 517 Deerwood Street, a triplex on Kinard Court, and three single-family homes. Together, these assets offer investors immediate scale in a growing rental market, with locations benefiting from proximity to the University of South Carolina, Downtown Columbia, and major regional employers. Further strengthening the long-term investment outlook, the properties are located near the planned $2 billion Scout Motors manufacturing plant, which is expected to generate more than 4,000 permanent jobs and drive sustained housing demand throughout the Columbia metro area. Investment Highlights • Multi-family portfolio offering immediate scale in a growing rental market • Strategically located near the University of South Carolina, Downtown Columbia, and major employers • 18 total units with a diverse mix of townhomes and single-family rentals • Attractive resident appeal with proximity to dining, shopping, and outdoor recreation

FOR SALE DETAILS

PRICE

$3,024,000 USD

PRICE/SF

$168 USD /SF

# OF UNITS

18

PRICE/UNIT

$168,000

CAP RATE

5.93%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Columbia Rental Portfolio

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Garden

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

2021

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

-

APN/PARCEL ID

13708-04-04

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 Policy.