501 Church Street Cheraw, SC $ 520,000
501 Church Street
$ 520,000
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501 Church Street

Cheraw, SC, 29520
$ 520,000
Bedrooms-- Baths4.0 Sq 6,292

Monthly Estimate*

$ 3,592

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Multi-Family Home for sale in Cheraw, SC

for $520,000 with 4 full baths. This 6,292 square foot home was built in 1950 on a lot size of 0.17.

Excellent investment opportunity in the Historic District of Cheraw featuring eight potential rental units, with seven currently available for rental use. This multi-unit property offers a strongincome-producing opportunity with a combination of updated units, recent renovations, and future value-add potential. Several units have received improvements in recent years including updated HVAC split systems, flooring, cabinetry, windows, appliances, plumbing updates, and roof replacements. One unit has been stripped to the studs and presents an excellent opportunity for renovation or possible conversion into a shared laundry facility for tenants. Current rental income is already in place on select occupied units, while vacant units provide immediate opportunity for increased cash flow and tenant placement. The property includes a mix of ground-floor andupper-level units, with varying layouts and features throughout. Located in the heart of Cheraw’s Historic District, this property is positioned in an area with continued demand for rental housing, making it an attractive option for investors seeking long-term growth and income potential. Shown by appointment only. Preapproval letter or proof of funds required prior to showing.

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Multi-Family Active

Price

$ 520,000

Full Bath

4

Property Type

Multi-Family

Taxes

$ 0

Style

Lot Size

0.17

Year Built

1950

Town/City

Cheraw

County/Region

Chesterfield

MLS | Web ID

4383404

Features
General
Living Area 6292
Sewer Public Sewer
Heating Central Electric Heat Pump
Cooling Central Air Electric Heat Pump
Appliances Other
Construction Materials Brick Full
Pets Allowed Yes
Year Built 1950
Tenant Pays All Utilities
Stories Count 2
Property Subtype Apartment
Parcel Number 272-001-005-012
County Chesterfield
New Construction N
Property Type Residential Income
HOA N
Garage Y/N N
Full Baths 4
High School Cheraw
City Cheraw
Senior Community Y/N N
Number Of Units Total 7
Lot Size Units Acres
Carport Y/N N
Elementary School Cheraw Primary
Middle/Junior High School Long
Additional Parcels Y/N N
Standard Status Active
Construction Type Site Built
Tax Assessed Value 213000
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Exterior
Parking Features On Street
Water Source City
Lot Size Area 0.17
Foundation Details Crawl Space
Building Area Total 6292
Road Surface Type Concrete Paved
Road Responsibility Publicly Maintained Road
Main Level Garage YN N
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Interior
Basement (Y/N) N
Above Grade Finished Area 6292
Laundry Features Other - See Remarks
Below Grade Finished Area 0
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Internal Only
Street Number 1 501
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* Excluded Features
List By
Lewis Realty

Broker

Affordability Calculator

$3,592
Per Month
100%
0%
0%
Monthly Principal & Interest
$3,592
Monthly Property Taxes
--
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
2807901 Elementary School
2756560 Middle School
Cheraw High School High School
Pricing History
DatePricePrice ChangeDescription
5/19/2026$520,000 Listed Price

Map


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501 Church Street, Cheraw, SC, 29520 is a Multi-Family Home for sale at $520,000 with 6,292 sqft and a lot size of 0.17. 501 Church Street has 4.0 baths and was built in 1950. The property's zip code is 29520 which is in Cheraw, SC