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$199,900
Active2491 Russell Street, Orangeburg SC 29115
Orangeburg, SC 29115View on map
Est. $1,063/mo with 20% down at 6.99%
MLS #26023327
Potential Cost Advantage with Nestor
$4,998
Based on $199,900 and a typical 2.5%–3.0% buyer-side compensation. Actual savings vary.
No buyer agent commission requested
You pay a flat $599 fee to Nestor when your offer is accepted — that's it.
Quick facts
About this home
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 spacious 0.87 Acre lot islocated 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.
Property details
How buying works with Nestor
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Nestor tracks to closing
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Listing information deemed reliable but not guaranteed. © 2026 Nestor. All rights reserved.
$199,900
2491 Russell Street, Orangeburg SC 29115
Orangeburg, SC 29115
Potential Cost Advantage
$4,998
Est. 2.5–3% buyer-side savings vs. traditional agent. Flat $599 Nestor fee applies.
HOUSING
OPPTY
Equal Housing Opportunity. All real estate listings are provided without regard to race, color, national origin, religion, sex, familial status, disability, or any other protected class. Listing data is deemed reliable but not guaranteed. Nestor and Novacasa LLC are committed to full compliance with all applicable fair housing laws. MLS data is provided for informational purposes only and does not constitute an offer or solicitation.