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Multi Family Homes For Sale in Greenville

7 Blackwood Street, Greenville
$499,900
6 Beds ⋅ 5.5 Baths ⋅ 1607415 MLS
Looking for an investment property that’s already up and running? This might be the one! Imagine buying a duplex where one side is already set up as a furnished Airbnb and the other is rented to a long-term tenant. You’re not starting from scratch or spending months getting everything ready. You have a property with an established setup and options for how you want to make it work for you. Located just 7 minutes from Downtown Greenville, this duplex offers two units, each with 3 bedrooms, 2.5 bathrooms, an office or flex space, and over 1,500 square feet. That’s 6 bedrooms, 4.5 bathrooms, and plenty of room to make the most of your investment! Both sides feature open living spaces, kitchens with granite countertops and stainless steel appliances, a convenient half bath downstairs, and three bedrooms upstairs. The primary suite has its own bathroom and generous closet space, while the other two bedrooms share a full bath. Each unit also has its own fenced backyard. The smaller yard sizes mean extremely low-maintenance outdoor spaces without giving up the privacy of a fenced-in backyard. Both units also have their own double driveways for convenient off-street parking. Want to keep the Airbnb going? The furnished unit is ready for its next owner, with furniture available for purchase. Prefer long-term rentals? You could explore that option, too. Or maybe you’ve been thinking about house hacking—living in one side while the other helps offset your mortgage. With one unit currently vacant and the other already rented, you have flexibility to decide what makes the most sense for you. And the location? You’re within walking distance of Judson Mill and just a short drive from the West End, Unity Park, Falls Park, the baseball stadium, restaurants, and all the things that make Downtown Greenville such a great place to be. Built in 2024, no HOA, two separate units, and multiple ways to make this property work for you.  PLEASE DO NOT DISTURB THE TENANT. One unit is vacant, and the other is currently occupied.

7 Blackwood Street, Greenville

121 Landrum Drive, Greer
$959,900
9 Beds ⋅ 6 Baths ⋅ 1607150 MLS
Incredible Portfolio Opportunity: 3 Immaculate, Fully Furnished Turnkey Airbnbs Sold as a Package Deal! Investors, short-term rental operators, and multi-family buyers, take notice! This is a rare, high-yielding opportunity to instantly acquire a complete, established hospitality package. All three homes—located at 119, 121, and 123 Landrum—are being sold together as a single package deal. Currently operating as highly successful, active Airbnbs, these properties offer immediate, hassle-free cash flow from day one. Say goodbye to the stress of moving trucks and design choices—all three homes come fully furnished with professionally curated, coastal-chic decor. Each home is an immaculate, "cute as a button" 3-bedroom, 2-bathroom property resting on its own spacious, private lot (up to .58 acres). The Homes Feature: • Homerun Location: Tucked away privately but located just a few blocks from Wade Hampton Boulevard, putting Starbucks, Lowe's, Home Depot, and Food Lion right at your guests' fingertips! • Seamless Indoor-Outdoor Living: Glass sliding doors lead from the dining areas directly onto private back patios, opening up to expansive green yards. • Stylish, High-End Finishes: A beautiful mix of durable, wood-look flooring in high-traffic zones paired with plush, cozy carpeting in the bedrooms. • Move-In Ready Comfort: Fully stocked from comfortable living room sets to elegant dining arrangements and bedroom furnishings. Portfolio & Parcel Information: This streamlined package deal allows for highly efficient property management, cleaning schedules, and maintenance. The sale includes three distinct tax map numbers: • T016.00-02-028.02 • T016.00-02-028.05 • T016.00-02-028.06 Whether you are looking to scale your short-term rental footprint or launch a premium multi-home hospitality brand in a high-demand location, this Landrum package deal delivers the perfect blend of location, pristine condition, and immediate revenue.

121 Landrum Drive, Greer

17 Jamison Street, Greenville
$499,999
6 Beds ⋅ 14.5 Baths ⋅ 1606080 MLS
New construction duplex just minutes from Downtown Greenville with the kind of floorplan investors are always looking for. Whether you want to live in one side and rent the other to help pay down your mortgage, or rent both units and build your investment portfolio, this property gives you options. Each side offers 3 bedrooms, 3 full bathrooms, and nearly 1,600 square feet, with a layout that makes great use of the space. Both units feature oversized front porches, welcoming living rooms, and open kitchens with granite countertops, stainless steel appliances, plenty of cabinet space, and room to gather. The first floor includes a spacious bedroom and full bathroom, along with a laundry room with room for side-by-side machines. The downstairs bathroom is especially roomy and offers plenty of cabinet storage. Just off the back of the unit, you’ll find a private fenced backyard. Upstairs, the bedrooms are generously sized with plenty of natural light. The primary suite includes a private bathroom with a walk-in shower, dual vanities, and great closet space. The third bedroom is also spacious and has its own full bathroom, giving both bedrooms upstairs plenty of privacy. Every bedroom has a ceiling fan, and there is plenty of storage throughout each unit. Each side also has its own double driveway, making parking easy for residents and guests. And then there’s the location. You’re only about 7 minutes from Downtown Greenville, with quick access to the West End, Fluor Field, Unity Park, Falls Park, restaurants, shops, and everything else Greenville has to offer. New construction, no HOA, two spacious units, fenced yards, great location, and plenty of flexibility for an owner-occupant or investor. This is a property you can move right into and start putting to work. Call today to schedule a tour!

17 Jamison Street, Greenville

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Greenville Multi-Family Homes For Sale

Looking for multi-family homes in Greenville? We've got them. Our listings come from the Greater Greenville MLS - duplexes, triplexes, fourplexes, small apartment buildings. 

Investing in multi-family real estate in Greenville can offer the potential for rental income and long-term equity growth. You’ll find properties ranging from fully renovated, turn-key investments to opportunities requiring some TLC, located in various neighborhoods from historic districts to areas near major employment centers and universities.

Listings are subject to the Fair Housing Act and Greater Greenville MLS rules.

Why Choose a Multi-Family Home in Greenville?

Multi-family homes in Greenville make sense for several reasons. The big one? Rental income. Buy a duplex, live in one side, rent the other.

Using the rental income to help cover mortgage payments, property taxes, and other expenses – a strategy often called "house hacking." This can make homeownership more accessible and help you achieve your investment goals.

These properties can build equity faster than single-family homes if they are managed properly.

Greenville's consistent population growth and strong rental demand mean more people need places to rent. This keeps periods of vacancy to a minimum.

You control your investment - that's different from stocks or whatever. Tax benefits exist (talk to your accountant about that).

Greenville Multi-Family Market

Multi-family properties work differently from single-family homes.

Here's what prospective buyers should know:

  • Median Price Range: Median list prices for multi-family properties (2-4 units) typically range from $350,000 to $600,000+, highly dependent on the number of units, condition, and specific location
  • Average Days on Market: These properties can range from 75 to over 150 days on the market, reflecting their investor-focused nature and more involved transaction process.
  • Inventory Levels: A limited but consistent inventory of smaller (2-4 unit) multi-family homes is available, meaning desirable properties can attract attention quickly.
  • Value & Income Potential: Values in this sector are strongly influenced by Greenville's robust rental demand and income potential, supported by ongoing population and job growth in the region.

Why do people like Greenville multi-family homes? The city's growing. Renters need housing. Pick the right property, you can make money and see appreciation. 

However, there aren't many duplexes and triplexes in the area. Competition exists for good ones. You need to understand market rents, vacancy rates and what it costs to manage these properties.

Greenville Multi-Family Buyer FAQs

What are the most important factors to consider when buying a multi-family home in Greenville for investment?

Key factors include location (proximity to amenities, employers, transport), the condition of the property (potential for repairs/renovations), current and potential rental income (compare to market rates), operating expenses (taxes, insurance, maintenance, property management), and local zoning regulations for multi-unit dwellings.

Can I use traditional home financing to buy a 2-4 unit multi-family property if I plan to live in one unit?

Yes. FHA loans work for up to four units if you live there. Low down payment. Conventional loans work too. Lenders count rental income when qualifying you. It's best to speak with a mortgage advisor specializing in these types of properties.

What kind of rental demand can I expect for multi-family units in Greenville?

Greenville has seen consistent population growth and job creation, leading to strong rental demand across various property types and price points. Areas near downtown, major employers, and educational institutions like Furman University or Greenville Tech often experience particularly high demand.

Are there specific neighborhoods in Greenville that are better for multi-family investments?

West Greenville has multi-family properties. Sans Souci too. Around downtown works. Look for amenities nearby. Public transport helps. Employment centers matter. Research the specific area. Check rental rates.

What are the typical responsibilities of owning a multi-family property in Greenville?

Responsibilities include tenant screening and management, rent collection, property maintenance and repairs (both for individual units and common areas if any), handling leases, and complying with landlord-tenant laws in South Carolina. Many owners choose to hire a professional property management company.

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