USASCOrangeburgWilkinson Heights2491 Russell St

2491 Russell St, Orangeburg, SC

Name: 2491 Russell St, For Sale in Orangeburg - eXp Realty
Brand: Gatehouse Realty, LLC
SKU: 26023327
Price: 250000 USD

House

For Sale

Listed price in listed location currency (USD).

$250,000

600

MLS® 26023327

Key Facts
Description
Map

Key Facts

Type Multi Family

Levels Residential Income

Size -

Garage

Taxes

Days Active 0

Lot Size 0.87 Acres

Approx. Age 1974

MLS® Number 26023327

Property Address: 2491 Russell St, Orangeburg, SC, 29115-5127

Average square foot calculated using Size range provided by listing agent.

Description

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 lot is spacious at 0.87 of anacre and located 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.

MLS® Number26023327

Laundry Level

Central VacNo

FireplaceNo

Acreage

Exterior

Garage

Approx. Age1974

Basement

DrivewayOther

Garage Spaces

HeatWall Unit(s)

A/C

Extras

Price History

-End Date

Not Sold YetSold Price

For Sale

Aug 17, 2026List Date

$250,000List Price

Commute

Commute

Starting Address

Destination Address

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