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309 Powell Mill Rd, Spartanburg, SC, 29301

--beds
--baths
1,824sqft
$255,000
$140price/sqft
$1,754/moest. monthly cost
$70,160/yrincome needed

About This Home

Investor Opportunity – Turnkey Duplex in Prime Spartanburg Location! Welcome to 309 Powell Mill Rd — a well-maintained duplex perfectly positioned just off Highway 29, offering quick access to shopping, dining, and everyday conveniences. Each unit features 2 bedrooms and 1 full bathroom, with approximately 912 square feet per side, providing comfortable and functional living space for tenants. Inside, you’ll find durable vinyl flooring throughout, making maintenance easy and appealing for long-term rental stability. Major updates have already been taken care of, including a new roof installed in 2020 and HVAC units replaced in 2021, giving peace of mind for years to come. Whether you're looking to expand your rental portfolio or step into your first investment property, this duplex offers strong income potential in a high-demand rental area. Convenient location. Solid updates. Income-producing potential. Don’t miss your chance to own a great multi-family property in the heart of Spartanburg! Both are tenant occupied with leases until 2027.

Getting Around

40
WalkingCar-Dependent
0
TransitVery Limited Transit
16
BikeSomewhat Bikeable

Schools

3/10
2/10
Fairforest Middle SchoolGrades 6-82.0 mi
6/10
Dorman High SchoolGrades 9-126.6 mi

Construction

Materials

  • Foundation: Slab
  • Roof: Architectural
  • Construction materials: Vinyl Siding

Type & Style

  • Home type: MultiFamily
  • Property subType: Duplex

Interior

Appliances

  • Appliances included: Electric Water Heater

Heating & Cooling

  • Heating features: Heat Pump,Electric
  • Cooling features: Heat Pump,Electric

Interior Area

  • Total structure area: 1,824
  • Total interior livable area: 1,824 sqft

Property

Details

  • Parcel number: 6181300104

Features

  • Levels: One

Lot

  • Lot size: 0.32 Acres

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

  • Cold Wave
    Cold WaveModerate
  • Ice Storm
    Ice StormModerate
  • Lightning
    LightningModerate

How This Home’s Risks Compare

Cold Wave
Ice Storm
Lightning

FEMA Declared Disasters in Spartanburg County and South Carolina

Flood
Hurricane
Mud Landslide
Severe Storm
Tornado
Tropical Storm
Winter Storm

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

MonthlyAnnual
Mortgage $1,289$15,468
Home Insurance *$138$1,656
Property Taxes $123$1,476
Electricity $204$2,449
Total$1,754$21,048
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$60,137/yr
40% on housing$52,620/yr
45% on housing$46,773/yr

South Carolina FAIR Plan Programs

South Carolina Wind and Hail Underwriting Association

Covered
HailHail
WindWind
Visit Website →

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.

Insurance Growth Rate5-year average: 6.1%
6.1%
0%30.0%
Electricity Growth Rate10-year average: 3.6%
3.6%
0%15.0%
Property Taxes Growth Rate2-year average: 1.5%
1.5%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$140This listing

vs Other Active Listings

Avg $/sqft

ZIP 29301$122
Spartanburg County$141

vs Homes Sold Last Month

Median $/sqft

ZIP 29301$147
Spartanburg County$154

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

DateEventPrice
2026-03-27Listed for sale$255,000
2024-04-23Sold$235,000
2024-03-23Contingent$220,000
2024-03-19Listed for sale$220,000
2023-03-23Listing removed--
2021-03-22Sold$107,000
2021-01-20Listed for sale$115,000

For Sale by Agent

AgentGrant McDowell
BrokerageEXP Realty LLC

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