$399,000
PENDING $101K PRICE DROP

540 Glendalyn Ave Spartanburg, SC 29302

Converse Heights Neighborhood

Estimated payment $2,740/month

Total Views 10,722
-- Bed
-- Bath
3,631 Sq Ft
$110 Price per Sq Ft

Highlights

  • Forced Air Heating System
  • Baseboard Heating
  • 5-minute walk to Happy Hollow Park
  • Spartanburg High School Rated A-

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.

Listing Agent

William Hawkins

NextHome Experience Realty License #13149 Listed on: 02/10/2025

NextHome Experience Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1921

Lot Details

  • 0.29 Acre Lot
  • Lot Dimensions are 53x252x47x252

Home Design

  • Slab Foundation

Interior Spaces

  • 3,631 Sq Ft Home
  • 3-Story Property
  • Crawl Space

Schools

  • Pine Street Elementary School
  • Mccraken J Middle School
  • Spartanburg High School

Utilities

  • Forced Air Heating System
  • Baseboard Heating

Community Details

  • 6 Units
  • Gross Income $50,580

Property Details

Home Type

Multi-Family

Year Built

Built in 1921

Lot Details

0

Listing Details

  • PropertySubType: Multi Family
  • PropertyType: Residential Income
  • Lot Size: 53x252x47x252
  • Total Gross Income: 50580
  • Unit Levels: Three Or More
  • Year Built: 1921
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Roof: Composition
  • Acres: 0.29
  • Construction Materials: Wood Siding, See Remarks
  • Foundation Details: Crawl Space, Slab

Utilities

  • Sewer: Public Sewer
  • Cooling: Window Unit(s), Multi Units
  • Water Source: Public

Schools

  • Junior High Dist: 7
  • Middle Or Junior School: 7-McCraken J

Lot Info

  • Land Lease Expiration Date: 2025-09-30

Tax Info

  • Year: 2024
  • Tax Annual Amount: 6269

Multi Family

  • Number Of Units Total: 6

MLS Schools

  • Elementary School: 7-Pine Street
  • HighSchool: 7-Spartanburg

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

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: Multiple Listing Service of Spartanburg

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

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Source: Multiple Listing Service of Spartanburg

MLS Number: SPN319901

Multiple Listing Service of Spartanburg

APN: 7-12-12-045.00

South Carolina Spartanburg County Spartanburg 29302 Converse Heights

540 Glendalyn Ave, Spartanburg, SC

This home is located at 540 Glendalyn Ave, Spartanburg, SC 29302 and is currently priced at $399,000, approximately $109 per square foot. This property was built in 1921. 540 Glendalyn Ave is a home located in Spartanburg County with nearby schools including Spartanburg High School, Spartanburg Preparatory School, and St. Paul The Apostle Catholic School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Multiple Listing Service of Spartanburg IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
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William Hawkins
Listing Agent
William Hawkins
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NextHome Experience Realty
(864) 415-5792