Rare opportunity to acquire a 24-unit multifamily portfolio consisting of 12 duplexes, each situated on its own individual tax parcel, in Barnwell, South Carolina. The properties may be purchased as a full portfolio, in packages of 4-8 duplexes, or individually, providing flexibility for a variety of investment strategies. Each unit features an identical 2-bedroom, 1.5-bath floor plan with approximately 950 square feet. Nineteen of the 24 units have been fully renovated with improvements including new paint, flooring, kitchen cabinets, appliances, showers, vanities, windows, and water heaters. Of the remaining five units, four are approximately 75% complete and one is awaiting a full renovation, offering additional value-add potential. Current in-place rent is approximately $800 per month per unit, with seller-projected achievable rents of approximately $900 per month. At 100% stabilization, the seller's pro forma projects $230,400 in gross scheduled annual rent and $162,293 in net operating income. With separate tax parcels, substantial renovations already completed, existing rental income, and multiple acquisition options, this offering provides flexibility for investors looking to expand their rental portfolio, acquire multiple income-producing properties at once, or purchase duplexes individually.
For sale
$1,600,000
251 Bomba St, Barnwell, SC 29812
2beds
950sqft
Multi Family
Built in ----
-- sqft lot
$-- Zestimate®
$1,684/sqft
$-- HOA
What's special
- 31 days
- 95
- 6
Zillow last checked:
Listing updated:
Listed by:
Rebekah Grubbs 803-571-7338,
Arete Real Estate
Source: My State MLS,MLS#: 11998808
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 1
- 1/2 bathrooms: 1
Kitchen
- Features: Eat-in Kitchen
Basement
- Area: 0
Heating
- Electric, Heat Pump
Appliances
- Included: Refrigerator, Oven
Features
- Flooring: Vinyl
- Has basement: No
- Has fireplace: No
Interior area
- Total structure area: 950
- Total interior livable area: 950 sqft
- Finished area above ground: 950
Property
Details
- Lease amount: $0
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Brick Siding
- Roof: Asphalt
Condition
- New construction: No
- Year built: 0
Utilities & green energy
- Electric: Amps(0)
Community & HOA
HOA
- Has HOA: No
Location
- Region: Barnwell
Financial & listing details
- Price per square foot: $1,684/sqft
- Date on market: 9/24/2026
- Date available: 09/24/2026
- Listing agreement: Exclusive
Estimated market value
Not available
Estimated sales range
Not available
$876/mo
Price history
| Date | Event | Price |
|---|---|---|
| 9/24/2026 | Listed for sale | $1,600,000$1,684/sqft |
Source: My State MLS #11998808 Report a problem | ||
Public tax history
Tax history is unavailable.
Monthly payment
Est. payment