UNDER CONTRACT
$101K PRICE DROP
540 Glendalyn Ave Spartanburg, SC 29302
Converse Heights NeighborhoodEstimated payment $2,736/month
Total Views
10,733
4
Beds
4
Baths
--
Sq Ft
--
Price per Sq Ft
Highlights
- Multiple cooling system units
- Spartanburg High School Rated A-
- 5-minute walk to Happy Hollow Park
About This Home
6 Unit apartment home located in desirable area (Converse Heights) with strong rental history, low turnover and room for rental growth. Leases are in place. This single family home was converted into an apartment home several years ago and has steadily been an income producer. There are 4 one bedroom 1 bath units and 2 studio apartments, a foyer and lots of paved parking. The property currently brings in $50,580 a year in leases.
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1921
Lot Details
- 0.29 Acre Lot
- Lot Dimensions are 53x252x47x252
Home Design
- Composition Roof
Interior Spaces
- 3-Story Property
- Basement
Utilities
- Multiple cooling system units
- Cooling System Mounted To A Wall/Window
- Electric Water Heater
Community Details
- 6 Units
Listing and Financial Details
- Assessor Parcel Number 7-12-12-045.00
Map
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Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $6,388 | $11,868 | $6,718 | $5,150 |
| 2023 | $6,388 | $11,868 | $6,718 | $5,150 |
| 2022 | $5,551 | $10,320 | $6,600 | $3,720 |
| 2021 | $5,546 | $10,320 | $6,600 | $3,720 |
| 2020 | $5,483 | $10,320 | $6,600 | $3,720 |
| 2019 | $5,483 | $10,320 | $6,600 | $3,720 |
| 2018 | $5,483 | $10,320 | $6,600 | $3,720 |
| 2017 | $5,516 | $10,320 | $3,600 | $6,720 |
| 2016 | $5,516 | $10,320 | $3,600 | $6,720 |
| 2015 | $3,171 | $2,322 | $840 | $1,482 |
| 2014 | -- | $2,322 | $840 | $1,482 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/24/2025 07/24/25 | Price Changed | $399,000 | -9.3% | -- |
| 04/23/2025 04/23/25 | Price Changed | $440,000 | -7.4% | -- |
| 04/10/2025 04/10/25 | Price Changed | $475,000 | -5.0% | -- |
| 02/10/2025 02/10/25 | For Sale | $499,900 | -- | -- |
Source: Greater Greenville Association of REALTORS®
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $172,000 | None Available | |
| Deed | $141,000 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $50,000 | New Conventional | |
| Open | $160,000 | Future Advance Clause Open End Mortgage | |
| Closed | $137,600 | Future Advance Clause Open End Mortgage | |
| Previous Owner | $111,000 | Commercial | |
| Previous Owner | $165,000 | Unknown |
Source: Public Records
Similar Homes in Spartanburg, SC
Source: Greater Greenville Association of REALTORS®
MLS Number: 1547817
APN: 7-12-12-045.00
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