$575,000

205, 207, 209 Friedheim Rd Rock Hill, SC 29730

Estimated payment $3,367/month

Total Views 43,287
11 Beds
5 Baths
3,734 Sq Ft
$154 Price per Sq Ft

Highlights

  • Hot Property
  • Central Heating and Cooling System
  • 3-minute walk to Friedheim Park
  • Living Room

About This Home

Located just minutes from downtown Rock Hill, this fully leased multifamily property offers investors an exceptional blend of immediate income and long-term growth potential! The asset consists of two 2-BR, 1-BA duplexes and one 3-BR, 1-BA SFH, providing diversified rental income with stable, long-term tenants. Recent upgrades include new roofs on all buildings, recently replaced HVAC systems, & modern cosmetic improvements, ensuring low maintenance costs and hassle-free ownership. The property features ample parking and generous yard space, adding appeal for tenants. With a 9% cap rate, 11% cash-on-cash return, and an NOI of $53,400, this turnkey investment delivers strong, reliable returns. Rents are already performing well, with additional upside potential in a fast-growing market like Rock Hill. Whether you're looking for passive income or a hold-and-appreciate asset, this property checks all the boxes. Don’t miss this rare chance to own a high-yielding, low-maintenance investment!

Listing Agent

Mike Morrell

Keller Williams Connected Brokerage Email: mike@dreamteamunited.com License #271648 Listed on: 06/17/2025

Keller Williams Connected

Co-Listing Agent

Ola van Zyl

Keller Williams Connected Brokerage Email: mike@dreamteamunited.com License #337382

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,479

Year Built

  • Built in 1982

Parking

  • 10 Open Parking Spaces

Home Design

  • Slab Foundation

Interior Spaces

  • 3,734 Sq Ft Home
  • Property has 1 Level
  • Living Room
  • Washer and Electric Dryer Hookup

Kitchen

  • Electric Range
  • Dishwasher

Bedrooms and Bathrooms

  • 11 Bedrooms
  • 5 Full Bathrooms

Schools

  • Sunset Park Elementary School
  • Saluda Trail Middle School
  • Northwestern High School

Additional Features

  • Additional Parcels
  • Central Heating and Cooling System

Community Details

  • Sunset Park Subdivision

Listing and Financial Details

  • The owner pays for - see remarks
  • Assessor Parcel Number 600-22-03-002

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,479

Year Built

Built in 1982

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Fiveplex
  • Year Built: 1982
  • Road Surface Type: Asphalt, Gravel, Paved
  • Geocode Confidence: High
  • Attribution Contact: mike@dreamteamunited.com
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Foundation Details: Slab
  • Fireplace: No
  • Interior Amenities: Attic Other
  • Room Other: Primary Bedroom,Bedroom(s),Bathroom(s),Kitchen,Living Room
  • Appliances: Dishwasher, Electric Range, Refrigerator
  • Owner Pays: Other - See Remarks
  • Above Grade Finished Sq Ft: 3734
  • Basement YN: No
  • Full Bathrooms: 5
  • Total Bedrooms: 11
  • Living Area: 3734
  • Building Stories: 1
  • Unit Type Features: Attic Other
  • Unit Type Features: Attic Other
  • Unit Type Features: Attic Other
  • Unit Type Features: Attic Other
  • Unit Type Features: Attic Other

Exterior Features

  • New Construction: No
  • Construction Type: Site Built
  • Construction Type: Block, Other - See Remarks

Garage/Parking

  • Main Level Garage YN: 0
  • Carport Y N: No
  • Garage Yn: No
  • Open Parking Spaces: 10
  • Open Parking: Yes
  • Parking Features: Parking Space(s)

Utilities

  • Heating: Central
  • Sewer: Public Sewer
  • Laundry Features: Electric Dryer Hookup, Washer Hookup
  • Cooling: Central Air
  • Water Source: City

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle Or Junior School: Saluda Trail
  • HOA Subject To: None

Lot Info

  • Lot Size Area: 0.34
  • Lot Size Units: Acres
  • Parcel Number: 600-22-03-002
  • Additional Parcels Description: 600-22-03-003
  • Additional Parcels: Yes
  • Zoning Specification: SF-5

Rental Info

  • Tenant Pays: All Utilities
  • Pets Allowed: Yes

Multi Family

  • Number Of Units Total: 5

MLS Schools

  • Elementary School: Sunset Park
  • High School: Northwestern

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $2,479 $5,601 $588 $5,013
2023 $2,482 $5,601 $588 $5,013
2022 $2,366 $5,601 $588 $5,013
2021 -- $3,823 $551 $3,272
2020 $1,582 $3,823 $0 $0
2019 $1,411 $3,324 $0 $0
2018 $1,390 $3,324 $0 $0
2017 $119 $294 $0 $0
2016 $116 $294 $0 $0
2014 $98 $294 $294 $0
2013 $98 $258 $258 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/17/2025 06/17/25 For Sale $575,000 -- $154 / Sq Ft
Source: Canopy MLS (Canopy Realtor® Association)

Purchase History

Date Type Sale Price Title Company
Warranty Deed $155,000 None Available
Source: Public Records

About the Listing Agent

Mike Morrell

Keller Williams Connected

(803) 676-8115

Section Image

I've been in the "house business" for most of my life. Growing up, my mother was a real estate agent and my father was a general contractor — so it’s fair to say building and selling homes is in my blood. After serving in the Marine Corps, I knew I wanted a career that would allow me to use my discipline, drive, and passion for helping people. Real estate was a natural fit.
I started by selling construction materials to home builders while working part-time in real estate. Later, I

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Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 4271935

Canopy MLS (Canopy Realtor® Association)

APN: 6002203002