This duplex, located at 418 Elm St in Lake City, SC, is being sold AS-IS and offers great investment potential. Currently, it generates $1,000 per month in rental income, with two 2-bedroom, 1-bathroom units. While the units do need updates, they offer significant upside and are an excellent opportunity for an investor or someone looking to add value to the property. According to research from Apartments.com, ApartmentHomeLiving.com, Zillow.com, and RentCafe.com, the average rent for a 2-bedroom, 1-bath apartment in Lake City is approximately $876.40 per month. While there was a wide range of rents across these sites, $876.40 is the average of the estimated rent from all 4 sites for a 2/1 in Lake City. With the current rent of $1,000/month, there is clear potential for strong cash flow with some updates. This duplex is a great opportunity for someone looking to invest in a growing rental market and create long-term value through updates and improvements. Contact us today for more information or to schedule a showing!
For sale
$95,000
418 Elm St, Lake City, SC 29560
--beds
--baths
1,750sqft
Est.:
Multi Family
Built in 1985
-- sqft lot
$80,600 Zestimate®
$54/sqft
$-- HOA
What's special
- 76 days
- on Zillow |
- 455 |
- 25 |
Zillow last checked: 7 hours ago
Listing updated: June 13, 2025 at 11:22am
Listed by:
Thomas Langan 843-773-0636,
Exp Realty Greyfeather Group
Source: Pee Dee Realtor Association,MLS#: 20251089

Travel times
Tour with a buyer's agent
Tour with a buyer's agent
Facts & features
Interior
Interior area
- Total structure area: 1,750
- Total interior livable area: 1,750 sqft
Property
Features
- Stories: 1
Details
- Parcel number: 8000305011
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Condition
- Year built: 1985
Community & HOA
Community
- Subdivision: City
Location
- Region: Lake City
Financial & listing details
- Price per square foot: $54/sqft
- Tax assessed value: $113,402
- Annual tax amount: $2,607
- Date on market: 6/5/2025
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