501 Church Street, Cheraw SC
- 0.2 ac
For Sale $520,000
Remarks:
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.
General Information:
| List Price: | $520,000 |
| Status: | For Sale |
| Type: | Apartment |
| Parking: | On Street |
| MLS Number: | CAR4383404 |
| Year Built: | 1950 |
| Sewer Type: | Public Sewer |
Assigned Schools:
| Elementary: | Cheraw Primary |
| Middle: | Long |
| High: | Cheraw |
Price & Sales History
| Date | Event | Price | $/SQFT |
| 05-31-2026 | Listed | $520,000 | N/A |
| 07-19-2025 | Listed | $749,000 | N/A |
Nearby Schools
These schools are only nearby your property search, you must confirm exact assigned schools.
| School Name | Distance | Grades | Rating |
| No schools found | |||
Source is provided by local and state governments and municipalities and is subject to change without notice, and is not guaranteed to be up to date or accurate.
Properties For Sale Nearby
Mileage is an estimation calculated from the property results address of your search. Driving time will vary from location to location.
| Street Address | Distance | Status | List Price | Days on Market |
| 501 Church Street, Cheraw SC | 0 mi | $520,000 | days | |
| 226 Huger Street, Cheraw SC | 0.3 mi | $350,000 | days | |
| 161 Seaboard Street, Cheraw SC | 0.4 mi | $210,000 | days | |
| 310 Kershaw Street, Cheraw SC | 0.5 mi | $599,000 | days | |
| 32 Roddy Street, Cheraw SC | 0.6 mi | $214,000 | days | |
| 718 Pine Street, Cheraw SC | 0.7 mi | $65,000 | days |
Sold Properties Nearby
Mileage is an estimation calculated from the property results address of your search. Driving time will vary from location to location.
| Street Address | Distance | Property Type | Sold Price | Property Details |
Commute Distance & Time
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Mortgage Calculator
| Down Payment Amount | $990,000 |
| Mortgage Amount | $3,960,000 |
| Monthly Payment (Principal & Interest Only) | $19,480 |
* Expand Calculator (incl. monthly expenses)
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| Total Monthly Payment | $20,941 |
Demographic Data For Zip 29520
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Source is provided by local and state governments and municipalities and is subject to change without notice, and is not guaranteed to be up to date or accurate.
Property Listing Information
A Courtesy Listing Provided By Lewis Realty
501 Church Street, Cheraw SC is a ft2 on a 0.170 acres Appraisal lot. This is for $520,000. This has bedrooms, baths, and was built in 1950.
Based on information submitted to the MLS GRID as of 2026-05-31 10:15:39 EST. 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.
Properties displayed may be listed or sold by various participants in the MLS.
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