23 days on rocket

408 S Saluda Ave, Columbia, SC, 29205

$1,600,000

Home List Price

$10,000*

Closing Credit

12 Full Baths
Multi

Location

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408 S Saluda Ave, Columbia$1,600,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeQuadruplex
ParkingOff Street, Other
Year BuiltNew Const.
HeatingHeat Pump, Zoned
CoolingHeat Pump, Zoned
MLS #595909
Lot Size0.26 Acres
StatusActive
(ACTIVE)

About 408 S Saluda Ave

Brand new construction just completed two months ago. 100% leased for the next 21 months with gross revenue of $239,000 on the books. This property consists of four townhome style apartments each with 3 bedrooms and each bedroom has its own private bath. A total of 12 bedrooms and 12 full baths. All 4 townhome apartments are currently 100% leased until 7-31-25 for $10,400/mth "And" already leased from 8-1-2025 to 7-24-2026 for $12,135/mth or $145,630 per year. Each townhome is separately metered for all utilities which the tenants pay!! These townhomes have been custom built and designed by The Wilson Company and professionally decorated. The high end finishes are extraordinary for any rental property with hardy plank exterior, stained concrete floors, granite countertops, Samsung appliance package (including washer/dryers), tankless hot water heaters, 40 yr architectural shingles, split heat pump zoned systems, drip irrigation system for landscaping, Silverline energy efficient windows, large walk-in closets and much, much more! Located in a very popular area only approx 1.5 mi from USC campus, Williams Brice Stadium, 5 Points with plenty of shops and restaurants. Enjoy a break from 75 year old properties with the never ending maintenance calls and invest in a brand new quality built student rental property. Call Bill Graham 803-331-4586.

Property Details

Property Features

Property Information:

  • Stories: 2

Listing Office:

  • Office Name: Coldwell Banker Realty
  • Listing Agent: Bill Graham

Interior Features

Bedroom and Bathroom Information:

  • Full Bathrooms: 12

Exterior Features

Parking Information:

  • Parking: Off Street, Other

Lot Features

Lot Information:

  • Lot: Paved
  • Lot Size: 0.26 Acres

Utilities

Utilities Information:

  • Heating: Heat Pump, Zoned
  • Cooling: Heat Pump, Zoned

Other

Directions Information:

  • Directions: Rosewood to S. Saluda - 1st property on left.

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,600,000

Tax Information:

  • Annual Amount: $2,000
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Columbia, SC.

Med. List Price

$260K

Med. Price/SqFt

$147

Avg. Days On Market

85

# of Sold Homes

3

408 S Saluda Ave vs Columbia

23 DAYS ON ROCKET

-62 Days

$1,600,000

+$1.3M More

KEY TAKEAWAY

This property is $1.3M more than the Median List Price in Columbia, SC.

Based on homes listed in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #595909

Listing Office:

  • Office Name: Coldwell Banker Realty
  • Listing Agent: Bill Graham

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Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$2,000$4,060
2019$2,005$67,700
2018$1,765$58,900
2017$2,252$77,100

History based on county public records data.

Payment Calculator

$8,053

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$4,863

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-205626
5
/10
  • A. C. Moore Elementary School

  • 333 Etiwan Ave

  • 0.18 miles

  • Public District Grades PK-5

school-card-donut-205627
7
/10
  • Rosewood Elementary School

  • 3300 Rosewood Dr

  • 0.98 miles

  • Public District Grades KG-5

school-card-donut-205628
3
/10
  • South Kilbourne Elementary School

  • 1400 S Kilbourne Rd

  • 1.53 miles

  • Public District Grades PK-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $46,657. The most common annual income of people living in Columbia, SC is between $35k-100k. The majority of families are single, no kids. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas


Rocket HomesSouth CarolinaRichland CountyColumbia29205408 S Saluda Ave

This home is located at 408 S Saluda Ave in Columbia, SC and zip code 29205 in the South Waccamaw neighborhood. This home sits on a 0.26 acre lot. Features: 12 bathrooms. It has been listed on Rocket Homes since October 28, 2024 and is currently priced at $1,600,000.

Between September 2024 and October 2024, Columbia, SC real estate market has seen increase in the number of listings by 45.8%. The median list price of listings available in October 2024 was $260,047, while the average time on the real estate market was 85 days.

From Rocket Homes Real Estate and based on county public records data.

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