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$299,975 Sale Pending
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Property Description
Turnkey Triplex Investment in the Heart of Olympia - Strong Cash Flow!Fully leased, income-producing 3-unit property in the desirable Olympia neighborhood. Features a duplex (506 & 508 Georgia Street) plus a separately situated efficiency at 508 Rear.Gross rental income $3,150/month. 506 rent $1,050mo. exp 3.31.27. 508 rent $1,200mo. month to month. Rear Efficiency rent $900mo . exp 5.31.26. All units are 1 bed / 1 bath, offering strong rental demand and easy management. Units have been renovated with modern finishes, including luxury plank flooring, updated kitchens with new countertops, restored cabinetry, and appliances (refrigerator, washer & dryer), plus stylish brushed gold fixtures.Located minutes from downtown Columbia and within walking distance to UofSC, Williams-Brice Stadium, and key dining and retail.Stabilized, cash-flowing asset with strong rental history. Disclaimer: CMLS has not reviewed and, therefore, does not endorse vendors who may appear in listings.
Full Property Details
Full Property Details for 506 Georgia St
General
- Price: $299,975
- Status: Pending
- Type: Triplex
- Source: Consolidated_MLS_2
- MLS ID: 629333
- Updated: 4/2/2026
- Added to Site: 18 day(s) ago
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 3
Parking
- Parking: Unassigned
Location
- Area: Columbia - South
- County: Richland
- Subdivision: OLYMPIA
School Information
- School District: Richland One
- Middle School: Hand
- High School: Dreher
Heating & Cooling
- Cooling Type: Central
- Heating Type: Central
Utilities
- Sewer: Public
- Water: Public
Structural Information
- Foundation: Crawl Space
Unit Information
Unit 1
- Bedrooms: 1
Unit 2
- Bedrooms: 1
Unit 3
- Bedrooms: 1
Lot Features
- Street/Road Desc.: Paved
Financial Considerations
- Pays Cable: Tenant
- Pays Electric: Tenant
- Pays Gas: Tenant
- Pays Heat: Tenant
- Pays Trash: None
- Pays Water: Owner
- Pays Sewer: Owner
Tenant Pays
- Lawn Maint: Yes
Disclosures and Reports
- APN: 11204-10-09
Listed by Palmetto Real Estate Grp of SC
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Schools
Schools serving 506 Georgia St
School District:Richland School District 1
| Name | Grades | Distance |
|---|---|---|
A. C. Moore Elementary School 333 Etiwan Avenue, Columbia, SC 29205 | K-5 | 1.3 mi |
Hand Middle School 2600 Wheat Street, Columbia, SC 29205 | 6-8 | 1.7 mi |
Dreher High School 3319 Millwood Avenue, Columbia, SC 29205 | 9-12 | 2.5 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 506 Georgia St
Date
Details
Price
Change
Source
3/17/2026
Listed
$299,975
114.27%
MLS
1/29/2021
Sold
$140,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 506 Georgia St
Year
Property Taxes
Change
Tax Assessment
Change
2023
$4,853
62%
-100%
2021
$2,987
3%
$4,490
-94%
2019
$2,897
14%
$74,800
15%
2018
$2,535
2%
$65,000
—
2017
$2,481
1%
$65,000
—
2016
$2,448
13%
$65,000
—
2015
$2,173
2%
$65,000
—
2014
$2,138
-13%
$65,000
1257%
2013
$2,467
-15%
$4,790
-20%
2012
$2,904
—
$5,990
—
Disclaimer: Historical tax 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 506 Georgia St
506 Georgia Street, Columbia, SC 29201 (MLS# 629333) is a Triplex property with 0 bedrooms and 3 full bathrooms. 506 Georgia Street is currently listed for $299,975 and was received on March 17, 2026. Want to learn more about 506 Georgia Street? Do you have questions about finding other Triplex real estate for sale in Columbia? You can browse all Columbia real estate or contact a Coldwell Banker agent to request more information.

