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$700,000 Just Listed
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Property Description
Investment Opportunity in the Heart of Anderson! This fully occupied 9-unit apartment complex offers an excellent opportunity to add an income-producing property to your investment portfolio. The property consists of two duplexes and a 5-plex with 100% occupancy and over $7,000 in monthly rental income. Units are Housing Authority approved, with some Housing Authority tenants currently in place. Conveniently located near Anderson University, this property is just minutes from downtown Anderson, local restaurants, shopping, entertainment, and everyday amenities. Anderson University's growing presence and the continued development of the surrounding area add to the appeal of this centrally located investment property. With established tenants, consistent rental income, and no current vacancies, this is an opportunity for investors seeking an occupied multifamily property in a desirable Anderson location. Property is 100% occupied; please do not disturb tenants. We will be scheduling tours and answering questions until official call for offers by 5pm Monday November 9, 2026. Interested buyers must review the video tour prior to scheduling an in-person walkthrough.
Full Property Details
Full Property Details for 902 Railroad St
General
- Price: $700,000
- Taxes: $6,241
- Status: Active
- Type: Apartment
- Source: 2257
- MLS ID: 1606837
- Updated: 10/16/2026
- Added to Site: 1 day(s) ago
Interior
- Appliances: Electric Water Heater
Rooms
Bathrooms
- Total Bathrooms: 4
- Full Bathrooms: 4
Bedrooms
- Total Bedrooms: 8
Exterior
- Porch/Patio/Deck: Unit 1: Deck, Unit 2: Deck, Unit 3: Deck, Unit 4: Dec
Parking
- Parking Features: Two Spaces, Paved
Location
- Area: 23
- County: Anderson
- Subdivision: None
School Information
- Elementary School: Calhoun Academy of the Arts
- Middle School: McCants
- High School: T. L. Hanna
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Central Forced
- Heating Type: Forced Air
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Exterior Const.: Stucco
- Roof: Composition
- Stories/Levels: 1
- Year Built: 1995
- Property Condition: 31-50
Lot Features
- Lot Size (Acres): 0.81
- Lot Size (Sq. Ft.): 35,283.6
Financial Considerations
- Tax Amount: $6,241
- Terms: Other
Disclosures and Reports
- Documents Avail.: Seller Disclosure, Other/See Remarks
- Property ID: 1490403002
Listed by Magnolia Rental Property Mgmt
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Schools
Schools serving 902 Railroad St
School District:Anderson School District 5
| Name | Grades | Distance |
|---|---|---|
Nevitt Forest Community School Of Innovation 1401 Bolt Drive, Anderson, SC 29621 | K-5 | 2 mi |
Mccants Middle School 2123 Marchbanks Avenue, Anderson, SC 29621 | 6-8 | 1.9 mi |
T. L. Hanna High School 2600 North Highway 81, Anderson, SC 29621 | 9-12 | 4.5 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 902 Railroad St
Date
Details
Price
Change
Source
10/16/2026
Listed
$700,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 902 Railroad St
902 Railroad Street, Anderson, SC 29621 (MLS# 1606837) is a Apartment property with 8 bedrooms and 4 full bathrooms. 902 Railroad Street is currently listed for $700,000 and was received on October 16, 2026. Want to learn more about 902 Railroad Street? Do you have questions about finding other Apartment real estate for sale in Anderson? You can browse all Anderson real estate or contact a Coldwell Banker agent to request more information.

