Quick Columbia SC MLS Search

Browse All Columbia SC Multi-Family Properties for Sale

$250,000
Unique investment opportunity to own a rural property with two homes on one large parcel, offering flexibility for multi-family living, a family compound, or an investor looking for a value-add opportunity. With no HOA and no subdivision restrictions, this property provides endless options for both owner occupants and investors. Both homes require work, making this property best suited for a buyer with vision, skill, and funding. An investor could renovate the existing homes and potentially create significant upside through resale, rental income, or a combination of both. The property also offers potential for further subdivision and additional structures, creating even more possibilities for development and resale. The property is in a peaceful rural setting while remaining conveniently located around the corner from Columbia International University (CIU) and Ben Lippen School. It's approximately a 40-minute drive to V.C. Summer Nuclear Station and about 30 minutes to the new Scout Motors manufacturing facility in Blythewood, putting major employment centers within reasonable driving distance. Whether you're looking for a multi-generational living arrangement, private family compound, renovation project, rental opportunity, or land investment with development potential, this property offers plenty of room to create value. Bring your vision and explore the possibilities! Buyer to perform due diligence on zoning, subdivision potential, permitted uses, utilities, and acreage.

1334 Winterwood Rd, Columbia

Listing courtesy of Keller Williams Palmetto.

$235,000
Investors, house hackers, and income-focused buyers—this opportunity is worth a look! 4510 Colonial Dr. is a well-maintained, income-producing duplex with a proven history of consistent rental occupancy and previous use as a short-term rental generating an excellent cap rate.Both units are fully furnished, and new appliances convey with the property, creating a turnkey investment with minimal upfront setup. Recent improvements include covered porches, updated plumbing, and additional storage, adding functionality and appeal for both long- and short-term tenants.The upper unit is currently occupied with a year-long lease, providing immediate rental income, while the lower unit is currently vacant, with a new short-term renter moving in soon to provide even more income or use the unit for personal living after the renter moves out.With two income-producing units, furnishings included, new appliances, valuable updates, and a demonstrated rental track record, this property offers multiple ways to build cash flow and maximize your investment strategy.Whether you're expanding your portfolio, looking for a turnkey rental, exploring short-term rental potential, or seeking an owner-occupant opportunity, 4510 Colonial Dr. offers the flexibility and income potential today's investors are looking for. Schedule your showing and see the possibilities for yourself! Disclaimer: CMLS has not reviewed and, therefore, does not endorse vendors who may appear in listings.

4510 Colonial Dr, Columbia

Listing courtesy of Keller Williams Preferred.

$275,000
The opportunity of a lifetime to get into this upwardly appreciating neighborhood with income-producing units close the new USC medical facility being built less than a mile from the office in the Bull Street District!! This particular duplex with adjoining office has SO MUCH potential and income will only increase over time. The duplex has served as an Airbnb rental (SEE PICS) with income average at least $1500/month per unit, but currently has long term tenants renting for $1000 and $1200/month with the office that could provide (minimal) $1500 once rented.In Office, there are hardwoods underneath all rooms (except front waiting area and back laundry room/storage/bath). HVAC in office are NEW heat/air window units, and in the duplexes are NEW window units and older wall/baseboard units. There are new elec panels in all three units. There is new privacy fencing and also chain link providing security. The neighbors in this older, established neighborhood have been here for years and are friendly and have been previous tenants. Lots of parking for the office and residents! This area, in the North Main district and Bull Street District is appreciating quickly, as lots of infrastucture and development is happening in the area. This property is priced to sell and is sold AS-IS, except for some minor repairs owner is doing (refer to Prop Disc statement). Don't pass up this great opportunity! Need 24 hour notice to show units in order to accomodate excellent tenants! ZONED C-1 Di

2201 Marshall St, Columbia

Listing courtesy of MacMogul Real Est Consulting LLC.

$685,000
Don't miss this exceptional turn-key investment opportunity located at 6832 Two Notch Road in Columbia, SC. This fully occupied income-producing property features a 5-home mobile home park consisting of four double-wide mobile homes, one single-wide, and a solid 2-bedroom brick house. All units are currently rented, generating a strong monthly rental income of $6,700, with low operating expenses averaging just $600 per month. The property also includes a massive 30x40 three-door garage, offering approximately 7,800 square feet of heated space—perfect for automotive work, storage, or a commercial business setup.Ideally situated on busy Two Notch Road, this property enjoys excellent visibility and access, just 10 minutes from Downtown Columbia, 10 minutes from Fort Jackson, and only 15 minutes from the new Scout Motors EV plant in Blythewood. The location offers a powerful combination of residential and commercial potential, making it ideal for investors seeking immediate cash flow with long-term upside. Zoned with flexibility for various uses, this property is a rare opportunity to secure a high-yield asset in one of Columbia’s most active growth corridors.Whether you're an experienced investor looking to expand your portfolio or a developer exploring new opportunities, this property delivers strong income, future development potential, and a prime location all in one package. Contact us today to learn more or to schedule a private showing. Disclaimer: CMLS has not reviewed a

6832 Two Notch Rd, Columbia

Listing courtesy of Blueprint Real Estate.

$325,000
Excellent opportunity to acquire a fully occupied, income-producing multifamily property in Columbia. The property consists of a duplex plus a separate 2-bedroom, 1-bath apartment located above the detached garage, providing three rental units and immediate income from day one.The property currently generates $3,050 per month / $36,600 per year in actual rental income with established tenants in place. Units are separately metered, helping keep owner-paid expenses low.Annual property taxes are approximately $3,734 and current annual property insurance is approximately $860.At the current asking price of $325,000, the property offers an attractive 11.3 gross rental yield at approximately $108,000 per unit.Investment Highlights:• 3 income-producing rental units• Fully occupied with established tenants• $3,050 current monthly rental income• $36,600 current annual rental income• Separately metered units• Approximately $3,734 annual property taxes• Approximately $860 current annual insurance expense• Duplex + detached 2BR/1BA garage apartment• Approximately $108,000/unit at asking price• Immediate rental income with potential for future rent growthAn attractive opportunity for an investor seeking an established multifamily property with existing cash flow and relatively low fixed property expenses.Financial information and lease details available to qualified buyers. Disclaimer: CMLS has not reviewed and, therefore, does not endorse vendors who may appear in listings.

4017 Ensor Ave, Columbia

Listing courtesy of Keller Williams Realty.

Start Your Search

Columbia Multi-Family Real Estate

Our website features the best real estate search for multi-family properties available in Columbia and surrounding areas. It is the only site you will ever need! It is easy-to-use and updated by the official Realtor®’s database every 15 minutes. 

You can save searches, and get daily email alerts of new listings, price changes, sold data, and market reports. Our Interactive Map Search allows you to view properties on a map or refine your search by drawing the boundaries around the area you desire. 

Curious about what’s happening in your neighborhood? You can create a custom market report to see what’s active, under contract, and sold in your neighborhood! 

Considering selling or refinancing your home? Get an INSTANT property valuation now!

Contact us today to find out how we can be of assistance to you!