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Street View
$149,900
Monthly Est:$746
6 Beds
-- Bath
5,650sqft
2491 Russell St, Orangeburg, SC 29115
$149,900
$746/moEst:
Get Pre-Approved
Multi Family
Built in 1974
$-- HOA
0.87 acre lot
$27/sq.ft
Description
Attention Investors! Rare 8-Unit building near two Universities. Property is ideally positioned on the main entrance from I-26 into up and coming Orangeburg. Within walking distance to both South Carolina State University and Claflin University - a prime rental location. A fire occurred in May of this year in one of the upstairs units. Building is in need of repair and currently vacant and not habitable. The property is priced accordingly and sold ''As is''. Please do not enter any of the units or walk the stairs of the building. Previous to the fire the building was fully occupied with a gross rent of $74,640 and a wait list of tenants queued to rent. The 5,652-sqft building underwent a major interior/exterior renovation three years ago prior to the fire. The spacious 0.87 Acre lot islocated on the main road Russell Street leading into downtown Orangeburg. The complex includes seven 2-bedroom/1-bath units and one 1-bedroom /1-bath unit. There is also ample parking plus a covered carport. This property also positions itself in the path of progress. Orangeburg is undergoing some major transformations, with substantial funding directed toward community and infrastructure improvements. Recent and ongoing projects include a brand-new City Hall and Library/Conference Center on Russell Street, the newly completed, state of the art Orangeburg Wilkinson High School, and new county courthouse scheduled to break ground this year. These developments are helping drive economic activity, employment, and long-term area stability all positive indicators for real estate investors. Adding to the upside, South Carolina State University has experienced a 33% increase in enrollment over the past five years, creating a notable housing shortage. This surge presents a strategic opportunity for investors to operate the property as dedicated student housing, where demand continues to outpace supply. With its high-visibility location next to universities, and strong rental income potential, this property with some work would be a great addition to any investment portfolio.
- Houzeo last checked: 3 hours ago
- Listing updated: September 30, 2026 at 3:37 pm
- Listing Provided by: Louis Muir | Gatehouse Realty, LLC
- Source: CHS Regional MLS | MLS#: 26023327
Part of
Property Details
Status
Active Under Contract
Type
Multi Family
No. of Stories
2
County
City
Neighborhood
--
Year Built
1974
HOA Fees
-
Finished Area
5,650 sqft
Lot Size
0.87 acre lot
Basement Area
- sqft
MLS Name
CHS Regional MLS
MLS Number
26023327
MLS Status
Active Contingent
Days on Market
53
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Location
Facts & Features
Rooms
Bedrooms & bathrooms
Bedrooms: 6
Bathroom: --
Interior
Heating
Wall Unit(s)
Interior Features
Ceiling Fan(s)
Sewer
Public Sewer
Construction
Year Built
Year Built: 1974
Home type
Multi Family
Foundation Details
Slab
Roof
Architectural
Construction Materials
Brick, Vinyl Siding
Utilities & Energy
Utilities
City Of Orangeburg
Water Source
Public
Parking Features
Other
Other Features
Subdivision Name
Wilkinson Heights
Price History
| Date | Event | Price |
|---|---|---|
09/30/2026 Source: | Contingent (Active Under Contract) | $149,900 -76.17% $27/sqft |
01/28/2026 Source: | Off Market | $629,000 +1252.69% $111/sqft |
10/03/2024 Source: | Listing Removed | $46,500 -27.51% $8/sqft |
12/02/2015 Source: | Sold | $64,150 $11/sqft |
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This representation is based in whole or in part on information supplied by the Charleston Trident Association of REALTORS® or its Multiple Listing Service through Oct 09, 2026, 02:30PM. Information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.This website may not include listings or property addresses of sellers who have directed their listing brokers to withhold their listing or their property address from display on the Internet. All information deemed reliable but not guaranteed. Charleston Trident Multiple Listing Service, Inc. makes no representation or warranty regarding the accuracy of the data. ©2026 Charleston Trident MLS CTMLS. All rights reserved.
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