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400 Micasa Drive, Pendleton, SC
Investor Opportunity near TCTC & Clemson University—End Unit Townhome. Needs Updates. Prime Location. Great Rental Potential. **************************************************************************************************** Whether you’re a seasoned investor or someone looking for your next value-add opportunity, this end-unit townhouse in Pendleton puts you right in the path of consistent rental demand. Located just minutes from Clemson University and Tri-County Technical College, this is the kind of spot where vacancy is rarely the issue—it’s finding enough properties to keep up with demand. Yes, it needs some work, but that’s exactly where the opportunity comes in: update it to your standards, build equity, and position yourself in a high-traffic rental corridor that continues to perform year after year. For those thinking with both a financial and personal lens—especially “parent-vestors”—this could be a smart way to shift from paying room and board to owning an asset. With no HOA fees cutting into your margins, there’s flexibility to create a roommate-friendly setup and generate income while your student is in school. And when it’s time to head home, you’re left with a property that can continue working for you. Plus, being within walking distance to Downtown Pendleton means easy access to coffee shops, local restaurants, and community events—exactly the kind of lifestyle today’s renters are looking for. Turn a few updates now into long-term upside later. The layout is where this home really starts to separate itself—especially if you’re thinking in terms of rental potential and flexibility. The main level offers a spacious living and dining area with hardwood floors and a fireplace, giving you a solid foundation to build on. One of the standout features is the flex room that opens directly to a private courtyard—an easy win for creating a second living space, study area, or even an indoor/outdoor hangout spot that today’s renters love. The main-floor primary suite adds another layer of versatility, complete with a walk-in shower and an oversized cedar-lined closet. There’s also a dedicated storage closet downstairs, and the existing layout upstairs gives you the option to add a second laundry area where it makes the most sense—something both tenants and owners will appreciate. Also Upstairs, you’ll find two well-sized bedrooms connected by a functional Jack-and-Jill bath, each with double closets so storage isn’t an issue. Now, let’s be real—this is where your opportunity comes in. The home needs a refresh, so plan on interior paint, some flooring updates in the main living areas, and potentially a few other things. But that’s exactly where the value is. With the right updates, you can take what’s already a strong layout in a high-demand area and turn it into a standout rental near Clemson University and Tri-County Technical College. Whether you’re looking to create a solid long-term hold or a property that performs well year after year, this one has the bones—and the location—to make it happen.
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Property Type
Condo
Style
None
Year Built
1980
Lot Size
4,792 sqft
Full Baths
2
Half Baths
1
Subdivision
Other
HOA
None
MLS #
1156572625
Listing Type
Residential
Market
WUMLS
Elementary
Pendleton Elem
Middle
Riverside Middl
High School
Pendleton High
400 Micasa Drive, Pendleton, SC 29670 — Anderson County
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How this home compares across city, state, and national benchmarks
Listed at $164,900, this 3-bed condo in Pendleton is 30% below the Census median home value of $236,900 for Pendleton. Compared to 4 other 3-bed homes in Pendleton (averaging $236,925), this property is 30% below average. South Carolina's median home value is $176,825, putting this listing 7% below the state benchmark. The U.S. national median home value is $334,900.
Where this listing falls among 8 homes for sale
Standout Features
Above Average
Standard
Pendleton has a population of 3,542 with a median household income of $60,517 and a homeownership rate of 51.1%. The median home value is $236,900 and the median rent is $891/mo.
Sources: U.S. Census Bureau ACS 2023, Fizbo listing data