2322 Two Notch Road
Columbia, SC 29204-2225
$1,600,000
Investment Opportunity – Renovated Efficiency Apartment CommunityNewly renovated efficiency apartments offering clean, modern interiors at an affordable price. This former hotel has been thoughtfully converted into an attractive studio apartment community featuring updated finishes throughout. Ideally located on Two Notch Road with convenient access to downtown Columbia, Fort Jackson, I-20, major employers, shopping, dining, and public transportation.Only 5 of 18 units are currently available, providing an opportunity to increase occupancy and maximize income. Please see agent remarks for showing instructions. Do not disturb tenants.This income-producing property is positioned to meet the strong and growing demand for affordable workforce housing, making it an excellent addition to any multifamily investment portfolio.Property Highlights18 renovated studio/efficiency apartment units13 units currently occupiedValue-add opportunity with lease-up potentialStrong demand for affordable housingConvenient location near downtown Columbia, Fort Jackson, I-20, shopping, dining, and bus routesPotential for stable cash flow and long-term appreciationIdeal for investors seeking workforce housing or multifamily assetsWhether you're expanding an existing portfolio or acquiring your first multifamily investment, this property offers an exceptional opportunity to generate consistent rental income while benefiting from continued demand in the Columbia market. Disclaimer: CMLS has not reviewed
| Mls #: | 639557 |
|---|---|
| List Price: | $1,600,000 |
| Class: | Commercial Sale |
| Type: | Apartments |
| Status: | Active |
| Foreclosed Property: | false |
| Living Area: | 8,523 |
| City: | Columbia |
| County: | Richland |
| Zip: | 29204-2225 |
| Year Built: | 1950 |
| Area: | City Of Columbia, Denny Terrace, Lake Elizabeth |
| State: | SC |
| Sale/Rent: | For Sale |
| Original Price: | $1,600,000 |
| LVT Date: | 2026-07-28 |
| Price Per Sqft: | $187.73 |
| Rollback Tax?: | Unknown |
| Short Sale?: | No |
| Property Disclosure?: | No |
| Zoning: | Commercial/Residential |
| Transaction: | Sale |
| Location: | Columbia, SC |
| Parking Spaces: | 20 |
| Gross Income: | $110,000 |
| Total Expenses: | $36,200 |
| Net Income: | $73,800 |
| Occupancy Date: | 2026-07-28 |
| Power On: | Yes |
| New/Resale: | Resale |
| # Of Stories: | 1 |
| Water: | Public |
| Sewer: | Public |
| Heating: | Other |
| Cooling: | Other |
| Construction: | Block, Brick |
| Miscellaneous: | In Storage |
| Best Use: | Investment Opportunity Income-Producing Efficiency Apartment Property Excellent opportunity to acquire an income-producing efficiency apartment property Studio/efficiency apartment community |
| Directions: | From Downtown Columbia, take Taylor Street to two notch rd. Building will be on the left. From Columbia, Take I-20 to two notch rd. Building will be on your left. |
Listing Courtesy of: Grand Palmetto Realty LLC
Listing Agent: Henline
803-602-2467
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© 2026 Consolidated MLS.
Consolidated MLS data last updated on October 08, 2026 05:10 PM - ET.
Property Last Updated: October 08, 2026 05:10 PM - ET
