Octagon House pairs a beautifully restored, circa-1860 historic landmark with a modern eight-unit addition built in 2007, creating a fully renovated, 100% occupied 13-unit community in Laurens, South Carolina. The 2025 renovation modernized systems and finishes throughout while preserving the property's signature octagonal structure, standing-seam metal roof, multiple chimneys, and ADA-accessible covered entry. Private balconies, exterior stairways, mature landscaping, and a well-maintained lawn give the community a boutique, residential feel that's hard to replicate — and one that renters have responded to with sustained full occupancy since the renovation was completed.
For a private, high-net-worth investor, Octagon House offers dependable "mailbox money" with minimal hands-on effort: third-party professional management is already in place, the asset is fully stabilized, and current in-place rents of $819 per unit sit roughly 15.7% below the $971 market rate — pointing to a clear, low-risk path to income growth through lease renewals alone. Demand is further supported by a stable, diversified employer base within a five-mile radius, including ZF Transmissions, Walmart Distribution Center, Prisma Health, and Presbyterian College. Octagon House is offered unpriced, while we entertain competitive offers at market value — contact Greysteel today to execute a Confidentiality Agreement and access full underwriting.
Property Details
- Cooling
- Electric
- Heating
- Electric
- Cooling Features
- Electric
- Acres
- 0.0
- Square Feet
- 17066.0
- Lot Size (sqft)
- 1.72
- Parking Features
- Parking Lot
- Property Type
- Multi-Family
- Basement
- 1
- Basement Description
- Interior Entry, Partially Finished
- Basement Finished
- 1
- Year Built
- 1860
- Foundation
- Basement
- Roof
- Architectural Shingle, Metal
- Sewer Information
- Public Sewer
- Utility Source
- City
- Appliances
- Dishwasher, Dryer, Electric Cooktop, Electric Oven, Exhaust Hood, Refrigerator, Washer
- Elementary School
- Unspecified
- Middle School
- Unspecified
- High School
- Unspecified
- County
- Laurens
- Region
- Laurens
- Original List Price
- $1,300,000
- Days on Market (Cumulative)
- 47
- Pets
- Yes, Conditional
- MLS #
- 4406499
- Property Subtype
- Apartment
- Parcel Number
- 906-18-06-009
- MLS #
- 4406499
- Date Listed
- July 21, 2026
- Address
- 101 Woodrow Street
Location
Legal
Listings courtesy of Canopy MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of 2026-09-04T19:54:05Z. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
Provided By
Listed by Ari Firoozabadi (#CARR59586)
Listing Office: Greysteel North Carolina LLC (#CARR08158)
