156 Garrett St, Spartanburg, SC, 29302
About This Home
Don't miss this prime investment property featuring four 2-bedroom, 1-bath units. Currently, two units are occupied with strong rental history, generating a combined rental income of $1,750/month, with the third and fourth units previously renting for $900/month—total potential income of $3,550/month. Situated just off East Main Street in School District 7, this multifamily property is conveniently located near shopping, public transportation, and is within walking distance to Converse College.There is a newer roof, all appliances have been updated in the last 3 years. The area is experiencing notable new development, making this an ideal time to invest. Each unit is separately metered for utilities, offering added convenience and flexibility for tenants and owners alike. The property is being sold "AS-IS." Whether you're a seasoned investor or just entering the market, this is a solid income-generating asset with strong rental history and growth potential. Schedule your showing today and take the next step toward building your portfolio!
Getting Around
Car-Dependent
Very Limited Transit
Somewhat BikeableSchools
Construction
Condition
- Year built: 1916
Materials
- Foundation: Crawl Space
- Roof: Composition
- Construction materials: Vinyl Siding
Type & Style
- Home type: MultiFamily
- Property subType: Quadruplex,Multi Family
Interior
Appliances
- Appliances included: Electric Water Heater,Water Heater
Bedrooms & Bathrooms
- Bedrooms: 8
- Bathrooms: 4
- Full bathrooms: 4
Heating & Cooling
- Heating features: Baseboard,Electric,Natural Gas
- Cooling features: Central Forced,Multi Units
Interior Area
- Total structure area: 2,980
- Total interior livable area: 2,980 sqft
Property
Details
- Parcel number: 71204025.00
Features
- Levels: Two
- Stories: 2
- Patio & porch: Unit 1: Porch-Front,Unit 2: Porch-Front,Unit 3: Porch-Front,Unit 4: Porch-Front
Lot
- Lot size: 7,405 sqft
Parking
- Parking features: Off Street,On Street
- Has uncovered spaces: Yes
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Ice Storm
- Lightning
- Cold Wave
- Earthquake
- Hail
- Inland Flooding
- Strong Wind
- Tornado
How This Home’s Risks Compare
FEMA Declared Disasters in Spartanburg County and South Carolina
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $1,993 | $23,916 |
| Home Insurance * | $229 | $2,748 |
| Property Taxes | $190 | $2,280 |
| Electricity | $286 | $3,438 |
| Total | $2,698 | $32,376 |
Income You'd Need if You Spent...
South Carolina FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-04-05 | Listed for sale | $395,302 |
| 2026-04-01 | Listing removed | $395,000 |
| 2026-01-09 | Price change | $395,000 |
| 2025-11-13 | Price change | $400,000 |
| 2025-09-23 | Listed for sale | $415,000 |
| 2025-09-15 | Contingent | $415,000 |
| 2025-08-01 | Listed for sale | $415,000 |
| 2022-09-15 | Sold | $300,000 |
| 2022-09-15 | Pending sale | $299,900 |
| 2022-09-15 | Listing removed | -- |
| 2022-07-29 | Pending sale | $299,900 |
| 2022-07-25 | Listed for sale | $299,900 |
| 2019-02-28 | Sold | $135,000 |
| 2018-10-23 | Price change | $149,000 |
| 2018-04-15 | Listed for sale | $119,999 |
| 2015-07-15 | Listing removed | $97,800 |
| 2015-07-01 | Price change | $97,800 |
| 2015-03-14 | Price change | $97,900 |
| 2015-03-08 | Price change | $97,800 |
| 2015-02-15 | Price change | $97,900 |
| 2015-02-12 | Price change | $97,800 |
| 2014-12-13 | Price change | $97,900 |
| 2014-11-25 | Price change | $97,800 |
| 2014-11-13 | Price change | $97,900 |
| 2014-10-26 | Listed for sale | $97,800 |
| 2002-10-18 | Sold | $95,000 |
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