This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/41
$585,000 Just Listed
This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/41
Property Description
Investment Opportunity on Lake Greenwood - Income Producing Property! Looking for strong cash flow with built-in flexibility? This unique Lake Greenwood investment property generates $5,000+ per month in gross rental income potential, with receipts and income documentation available upon request. The property features a duplex, three full RV hookups, and multiple income streams, making it an outstanding addition to an investment portfolio. The owner currently occupies the left side of the duplex and is willing to lease it back from the new owner, allowing an investor to step into an income-producing asset from day one. Whether you're looking for a true investment property or a house-hacking opportunity, you also have the option to live in one side of the duplex while renting the other unit and all three RV sites to help offset-or potentially cover-your housing expenses. Additional features include owned solar panels serving the left-side unit, an above-ground pool, a detached outbuilding/workshop, and lakefront access on beautiful Lake Greenwood. With multiple revenue streams, flexible ownership options, and excellent cash-flow potential, opportunities like this are hard to find. If you're searching for an income-producing lake property with immediate rental potential and long-term flexibility, schedule your showing today.
Full Property Details
Full Property Details for 48 Tierra Dr
General
- Price: $585,000
- Taxes: $1,614
- Status: Active
- Type: Duplex
- Source: 2257
- MLS ID: 1599365
- Updated: 7/31/2026
- Added to Site: 3 day(s) ago
Interior
- Interior Features: Ceiling Fan(s)
- Fireplace(s): None
- Appliances: Electric Oven, Electric Water Heater
- Flooring: Luxury Vinyl
Rooms
Bathrooms
- Total Bathrooms: 4
- Full Bathrooms: 4
- Main Floor Baths: 4
Bedrooms
- Total Bedrooms: 4
- Bedrooms Main: 4
- Primary Bedroom: Full Bath, Primary on Main Lvl, 14 x 14, 196 Sq. Ft.
- Bedroom 2: 14 x 12, 168 Sq. Ft.
- Bedroom 3: 14 x 14, 196 Sq. Ft.
- Bedroom 4: 14 x 12, 168 Sq. Ft.
Other Rooms
- Living Room: 13 x 11, 143 Sq. Ft.
- Kitchen: 13 x 14, 182 Sq. Ft.
- Dining Room: 13 x 10, 130 Sq. Ft.
- Laundry: 1st Floor
Additional Information
- Pool: Yes
- Private Pool: Yes
- Pool Description: Above Ground
Exterior
- Porch/Patio/Deck: Deck
Parking
- Garage: Yes
- Garage Spaces: 1
- Parking Features: Detached, Gravel, Other, RV Access/Parking, Boat
Location
- Area: Other
- County: Laurens
- Subdivision: None
School Information
- Elementary School: Waterloo
- Middle School: Hickory Tavern
- High School: Laurens Dist 55
Community
- Assoc. Fees Include: None
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Central Air, Electric
- Heating Type: Electric
Utilities
- Sewer: Public Sewer, Septic Tank
- Water: Public
Structural Information
- Architectural Style: Duplex Style
- Exterior Const.: Vinyl Siding
- Basement: Yes
- Basement Desc.: None
- Roof: Architectural
- Stories/Levels: 1
- Property Condition: 11-20
Lot Features
- Property View: Water
- Lot Size (Acres): 1.28
- Lot Size (Sq. Ft.): 55,756.8
- Lot Features: 1 - 2 Acres, Few Trees
Water Features
- Water Front: Yes
- Water View: Yes
- Water Front View: Lake, Water Access, Waterfront
Financial Considerations
- Price Per Sq. Ft.: $207.59
- Tax Amount: $1,614
Disclosures and Reports
- Documents Avail.: Other/See Remarks
- Property ID: 2790501014
Listed by Keller Williams Greenville Central
Get Pre-Approved Today
Schools
Schools serving 48 Tierra Dr
School District:Laurens School District 55
| Name | Grades | Distance |
|---|---|---|
Waterloo Elementary School 10457 US Highway 221 South, Waterloo, SC 29384 | PK-5 | 4.6 mi |
Hickory Tavern Elementary/Middle 163 Neely Ferry Road, Gray Court, SC 29645 | PK-8 | 15.3 mi |
Laurens District 55 High School 5058 U.S. 76, Laurens, SC 29360 | 9-12 | 13.4 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 48 Tierra Dr
Date
Details
Price
Change
Source
7/31/2026
Listed
$585,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 48 Tierra Dr
Year
Property Taxes
Change
Tax Assessment
Change
2025
$1,614
3%
$6,650
—
2024
$1,567
24%
$6,650
12%
2023
$1,260
-17%
$5,920
-11%
2022
$1,525
7%
$6,650
8%
2021
$1,429
—
$6,170
—
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 48 Tierra Dr
48 Tierra Drive, Waterloo, SC 29384 (MLS# 1599365) is a Duplex property with 4 bedrooms and 4 full bathrooms. 48 Tierra Drive is currently listed for $585,000 and was received on July 31, 2026. Want to learn more about 48 Tierra Drive? Do you have questions about finding other Duplex real estate for sale in Waterloo? You can browse all Waterloo real estate or contact a Coldwell Banker agent to request more information.

