$1,300,000

About this home

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

MLS

Canopy MLS

MLS #

CAR4406499

Property type

Apartment

Subdivision

N/A

Status

Active

Days on market

45

On market date

July 21, 2026

Stories

2

Total bathrooms

N/A

Garage spaces

N/A

Parking spaces

N/A

Lot size

N/A

Nearby schools

Within 10 miles. School directory data from the National Center for Education Statistics (NCES), accessed via the Urban Institute Education Data API. Local Score is calculated by INNOVATE Real Estate; where a state rating is shown, it comes from that state's own official school report card.