2491 Russell Street, Orangeburg, SC 29115
Local realty services provided by:ERA Wilder Realty
Listed by: louis muir
Office: gatehouse realty, llc.
MLS#:26023327
Source:SC_CTAR
2491 Russell Street,Orangeburg, SC 29115
$149,900
- 6 Beds
- - Baths
- 5,650 sq. ft.
- Multi-family
- Active
Price summary
- Price:$149,900
- Price per sq. ft.:$26.53
About this home
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....
Contact an agent
Home facts
- Year built:1974
- Subdivision & Development:Wilkinson Heights
- Listing ID #:26023327
- Added:46 day(s) ago
- Updated:October 02, 2026 at 02:48 PM
Rooms and interior
- Bedrooms:6
- Living area:5,650 sq. ft.
Structure and exterior
- Year built:1974
- Building area:5,650 sq. ft.
- Lot area:0.87 Acres
- Foundation Description:Slab
- Levels:2 Story
Schools
- High school:Orangeburg-Wilkinson High School
- Middle school:Robert E. Howard Middle
- Elementary school:Whittaker Elementary School
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$149,900
- Price per sq. ft.:$26.53
Features and amenities
- Amenities:Ceiling Fan(s)
New listings near 2491 Russell Street
- New
$365,900Active3 beds 3 baths2,580 sq. ft.2980 Legare Court, Orangeburg, SC 29118
MLS# 644078Listed by: SOUTH CAROLINA REALTY - New
$100,000Active3 beds 2 baths1,404 sq. ft.129 Rio Drive, Orangeburg, SC 29118
MLS# 644079Listed by: CALL IT CLOSED INTERNATIONAL
$47,000Pending4 beds 1 baths1,150 sq. ft.176 Treadwell Street, Orangeburg, SC 29115
MLS# 26027090Listed by: MIDDLETON AND ASSOCIATES, REALTORS, INC.- New
$299,990Active3 beds 2 baths1,800 sq. ft.157 Rhinehart Street, Orangeburg, SC 29118
MLS# 26027010Listed by: BETTER HOMES AND GARDENS REAL ESTATE PALMETTO - New
$165,000Active3 beds 2 baths1,344 sq. ft.941 Fawn Lane, Orangeburg, SC 29115
MLS# 643921Listed by: TRUHOME REALTY - New
$20,000Active0.46 Acres335 Clarendon Street, Orangeburg, SC 29115
MLS# 26026866Listed by: NORTHGROUP REAL ESTATE LLC - New
$162,000Active2 beds 1 baths875 sq. ft.870 Bleakley Street, Orangeburg, SC 29115
MLS# 643830Listed by: EXP REALTY LLC - New
$20,000Active3 beds 1 baths1,287 sq. ft.254 Maxcy Street, Orangeburg, SC 29115
MLS# 26026712Listed by: NORTHGROUP REAL ESTATE LLC
$275,000Pending4 beds 3 baths1,927 sq. ft.274 Gippy Drive, Orangeburg, SC 29118
MLS# 643703Listed by: DR HORTON INC- New
$335,000Active3 beds 3 baths2,680 sq. ft.598 Pike Street, Orangeburg, SC 29115
MLS# 26026641Listed by: THE MOORE GROUP - A DIVISION OF THE LITCHFIELD COMPANY