305 Nevada Street, Columbia, SC 29201
Local realty services provided by:ERA Wilder Realty
305 Nevada Street,Columbia, SC 29201
$259,900
- 3 Beds
- 1 Baths
- 1,194 sq. ft.
- Single family
- Pending
Listed by: jennifer hester-padgett
Office: jennifer padgett properties llc.
MLS#:643196
Source:SC_CML
Price summary
- Price:$259,900
- Price per sq. ft.:$217.67
About this home
NOW $259,900! Your investment portfolio called—it wants something within walking distance of Williams-Brice Stadium.Located directly behind Olympia High School, 305 Nevada Street puts tenants near USC and the South Carolina State Fairgrounds, with Williams-Brice within walking distance. On football Saturdays, being able to leave the car at home is a selling point all by itself. Let somebody else figure out parking.This 3-bedroom, 1-bath home sits on a corner lot with a large fenced yard and is currently leased at $1,800 per month through July 2027, generating $21,600 in annual gross rent at the existing rate. Tenants are already in place while you plan your next move.For students, choosing a rental means figuring out where they’ll study, meet friends, grab dinner and spend their weekends. This location offers convenient access to campus, stadium events and the Fairgrounds, with Five Points, The Vista and downtown Columbia nearby for dining and entertainment. Three bedrooms allow roommates to share housing costs while having their own rooms, and the fenced yard adds space to relax outdoors. Because college life occasionally requires fresh air and something besides a laptop screen.Estimated current market rent for three students is $2,200–$2,400 per month, representing $26,400–$28,800 in potential annual gross rent. That’s a potential increase of $4,800–$7,200 annually over the current rent after the existing lease ends, subject to market conditions and future leasing. Figures are before expenses—bring your calculator; it needs to earn its keep, too.Potential to add a bathroom at the rear of the home, subject to permits and approvals, creates another opportunity to improve functionality and future rental appeal. Sold AS IS, giving investors the opportunity to evaluate improvements against the purchase price, existing income and long-term goals.Current rental income, a three-bedroom roommate setup and a walk-to-the-stadium location give this property more to work with than a catchy listing description. Run the numbers, walk the property and see how Nevada Street fits your portfolio.Tenant occupied. Advance notice required for showings. Please do not d Disclaimer:...
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Home facts
- Year built:1940
- Subdivision & Development:OLYMPIA
- Listing ID #:643196
- Added:47 day(s) ago
- Updated:November 03, 2026 at 08:27 AM
Rooms and interior
- Bedrooms:3
- Total bathrooms:1
- Full bathrooms:1
- Dining Description:Ceiling Fan, Floors-Hardwood, Floors-Laminate
- Bathrooms Description:Bath-Jack & Jill, Bath-Shared
- Kitchen Description:Cabinets-Painted, Counter Tops - Other, Floors-Laminate, Icemaker, Island, Refrigerator
- Bedroom Description:Ceiling Fan, Closet-Private, On Main Level
- Basement Description:No Basement
- Living area:1,194 sq. ft.
Heating and cooling
- Cooling:Central
- Heating:Central
Structure and exterior
- Year built:1940
- Building area:1,194 sq. ft.
- Lot area:0.25 Acres
- Lot Features:Corner
- Architectural Style:Bungalow, Traditional
- Construction Materials:Vinyl
- Exterior Features:Shed, Workshop
- Levels:1 Story
Schools
- High school:Dreher
- Middle school:Hand
- Elementary school:A.C. Moore
Utilities
- Water:Public
- Sewer:Public
Finances and disclosures
- Price:$259,900
- Price per sq. ft.:$217.67
Features and amenities
- Laundry features:Heated Space, Mud Room, Utility Room
- Amenities:Attic Access, Built-ins, Cable TV Available, Ceiling Fan, Smoke Detector
Parking
- Total parking spaces:4
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