304 Ivydale Dr, Greenville, SC 29609

Description

Rare infill investment opportunity in one of Greenville’s most sought-after growth corridors between Paris Mountain and Cherrydale. This R-MA multifamily-zoned parcel offers approximately 60 feet of road frontage, a flat green front yard, and a shady, lightly wooded backyard, creating multiple development pathways for a builder, investor, or owner-occupant. Greenville County zoning has confirmed that a duplex is allowed on this lot, subject to required setbacks, permitting, and final approvals. Current owner has provided conceptual sketches of a duplex design that fits the lot dimensions and setback requirements. This could be an excellent build-to-rent, long-term rental, or house-hack opportunity, with projected rental potential of $4,000+/month between 2 units, depending on final product, finishes, and market conditions. This parcel may also support single-family new construction, modular construction, or replacement with a new mobile/manufactured home, creating flexibility for multiple investment strategies. The surrounding neighborhood has seen strong infill activity, rising values, and continued demand due to its close-in location, rural feel, and no HOA. Drive the street and you'll see multiple new builds in progress or recently sold. Prime location: walking distance to Herdklotz Park, 10 minutes to Downtown Greenville, 15 minutes to Downtown Travelers Rest, and 20 minutes to Downtown Greer, with easy access to Cherrydale, Paris Mountain, shopping, dining, parks, and major commuter routes. Zoned for great Greenville County Schools: Paris Elementary, Sevier Middle, and Wade Hampton High. The existing trailer is not livable, will need to be removed, and should not be entered or accessed. Value is in the land and redevelopment potential.