Property listing for 207 Magnolia St, Gaffney, SC 29340
ActiveSingle Family Home

$224,500

207 Magnolia St, Gaffney, SC 29340

Renovated 4-Bedroom Home with Fenced Yard — Downtown Access

4 Bed · 3 Bath · 1,624 Sq Ft

Move-in ready 4BR/3BA two-story home on .21 acre near downtown Gaffney

4

Beds

3

Baths

1,624

Sq Ft

1981

Built

0.21 acres

Lot

No garage — driveway parking

Garage

About 207 Magnolia St

This updated two-story home at 207 Magnolia St is a practical, well-presented choice for families and buyers seeking immediate occupancy near Downtown Gaffney. The home delivers a flexible floorplan with four bedrooms and three full baths across 1,624 sqft, set on a manageable 0.21-acre lot that’s fully fenced — ideal for children and pets. A welcoming covered front porch gives the home curb appeal and an outdoor spot to relax.

Inside you'll find thoughtfully refreshed living spaces and a modern kitchen equipped with an electric cooktop, oven, and microwave. Recent updates and tasteful finishes reduce near-term maintenance needs and let you move in without delay. The home features central HVAC (electric), main-level laundry/mud room with washer and dryer hookups, and multiple full bathrooms to support family living or guests. Photos show clean, contemporary surfaces and well-maintained spaces throughout.

The backyard is fully fenced and provides a private area for recreation, raised beds, or a playset. While the property does not include a garage, the long driveway and street parking accommodate daily needs and guest vehicles. With a compact lot, exterior upkeep is low, leaving more time for enjoying nearby amenities.

Location is a standout: a short drive places you in Downtown Gaffney for dining, shopping, and the local market scene. Commuters will appreciate straightforward access to I-85 and regional employment centers. Whether you're buying your first home, downsizing to a low-maintenance property, or adding a turnkey rental to your portfolio, this house balances convenience, condition, and value. Contact listing agent Britt Stover to schedule a showing.

Home Highlights

Renovated interior — move-in ready4 bedrooms and 3 full baths — flexible layoutFully fenced backyard and front porchConvenient downtown & I-85 accessCompetitive price at $224,500 (~$138/sqft)

Property Features

Interior Features

  • 4 bedrooms, 3 full bathrooms
  • 1,624 sqft two-story layout
  • Updated kitchen with electric cooktop and oven
  • Main-level mud room and washer/dryer hookups
  • Central heating and central air (electric)

Exterior & Lot

  • 0.21-acre lot (approx. 9,147 sqft)
  • Fully fenced backyard — private and pet-friendly
  • Welcoming covered front porch
  • Driveway parking; street parking available

Location & Neighborhood

  • Short drive to Downtown Gaffney (restaurants, shops)
  • Easy access to I-85 for regional commuting
  • Quiet residential street in established Magnolia area

Walkability & Recreation

  • Walkability Rating: 55/100
  • Nearby parks and public spaces within 1 mile
  • Local attractions: Gaffney’s downtown shops and the Peachoid (regional landmark)

Neighborhood & Location

Magnolia Street is part of an established residential pocket just minutes from central Gaffney. The area blends older, well-kept homes with renovated properties appealing to families and commuters. Downtown amenities, local restaurants, and civic services are all within a short drive, while regional travel is made convenient via I-85.

Market Insights

Gaffney sits within Cherokee County and trades at lower price points compared to larger nearby metros. The local market has experienced modest appreciation recently (rough estimates: ~3–4% year-over-year) with demand strongest for renovated, move-in-ready homes. Inventory in the sub-$300K band is limited, which benefits turnkey sellers. Average days on market for similar renovated single-family homes is typically lower than the city average — expect active interest from local buyers and commuters to Spartanburg or Charlotte. Given the home's condition and proximity to downtown, it is competitively priced for buyers seeking immediate occupancy or investors looking for stable rental demand.

Nearby Schools

Gaffney Primary

Elementary · 1.0 mi

5/10

Gaffney Middle School

Middle · 1.3 mi

5/10

Gaffney High School

High · 1.5 mi

5/10

Walkability & Recreation

55
Walkability
60
Recreation

Easy access to downtown parks and community recreation; fenced backyard provides private outdoor space for families and pets.

Investment Highlights

  • 4 bedrooms and 3 full bathrooms — strong layout flexibility
  • Renovated interior and updated kitchen appliances
  • Fully fenced backyard and welcoming front porch — family/pet friendly
  • Short drive to Downtown Gaffney and I-85 access for commuters
  • Affordable price band with upside if local demand for turnkey homes stays strong

Key Findings

  • List price: $224,500 (approx. $138/sqft) — used as valuation anchor.
  • Home size: 1,624 sqft on a 0.21-acre lot; 2-story home built in 1981.
  • Condition listed as renovated — likely recent interior updates (kitchen, baths).
  • No recorded garage; parking by driveway and street.
  • Multiple sales/listing actions in recent years; prior public-record sale at $122,850 (12/2025) needs verification.

Things to Consider

  • Public record sale in 12/2025 at $122,850 creates a historical low that may complicate title or tax assessments — verify with title search.
  • No garage may limit resale appeal for buyers expecting covered parking.
  • Zoning code and setback specifics not confirmed — exterior improvement plans should be checked with the city.

Opportunity Analysis

Acquire a renovated, move-in-ready 4-bed, 3-bath single-family home in central Gaffney that appeals to owner-occupants and small investors. Pricing appears competitive for turnkey stock and could deliver near-term appreciation and stable rental income.

Potential Use Scenarios

  • Buyer: pursue a standard home inspection and title search to clear the 2025 public-record sale anomaly.
  • Investor: consider light value-add (landscaping, covered parking/garage if economical) to expand tenant pool and lift rent.
  • Listing agent: target local buyers and commuters to Spartanburg/Charlotte with digital ads highlighting turnkey condition and fenced yard.

Risk Factors

  • Potential title or tax complications from recent public-record sale price.
  • Local market sensitivity to interest rates; smaller markets can see volatility in demand.
  • Absence of garage reduces appeal for some buyer segments.

Buyers should conduct independent due diligence before making any purchase decisions.

AI Valuation Estimate

Low

$205K

Midpoint

$223K

High

$240K

$138.26/SF estimated price per square foot

65% confidence

Estimate anchored to the current list price of $224,500 and adjusted for recorded recent sales, renovated condition, and local Gaffney market indicators. No live comparable sales search performed; verify with a local broker or appraisal.

As of 2026-03-14

This is a computer-generated estimate for informational purposes only and is not an appraisal or professional valuation.

Market & Area Data

Market Trends

Area Median Price$190,000
Avg Days on Market45 days
Inventory3.5 months
1-Year Appreciation+350.0%

Demographics

Population (1 mi)6,500
Median Income (1 mi)$42,000

Gaffney's population is modest and stable; market attracts commuters to Spartanburg and Charlotte corridors. Demographic and income estimates based on Cherokee County-area patterns; verify with census data.

Nearby Points of Interest

  • Downtown Gaffney (0.5 - 1.0 mi)
  • I-85 interchange (approx. 5-10 min drive)

Property sits within easy reach of downtown shops and restaurants, local parks, and small civic amenities. Notable local landmark: the Peachoid water tower in Gaffney (regional attraction).

School District

DistrictCherokee County School District
ElementaryGaffney Primary / Gaffney Intermediate (approx. rating 5/10)
MiddleGaffney Middle School (approx. rating 5/10)
HighGaffney High School (approx. rating 4-6/10)

Market data is based on aggregated public records and may not reflect real-time conditions.

Property Details

Building Details

Year Built1981
Constructionwood frame
Stories2
HeatingCentral (electric)
CoolingCentral Air (electric)
Basementnone
FireplaceNo
Conditiongood

Lot & Site

Lot Size0.21 acres (9,147 SF)
Topographylevel
Parkingdriveway
Parking Spaces2
FrontageResidential street frontage on Magnolia St

Utilities

WaterCity
SewerPublic Sewer
ElectricOn-site (electric)

Zoning & Land Use

DescriptionLikely single-family residential zoning within city limits (municipal R-type residential). Exact code to be verified with city planning.
JurisdictionCity of Gaffney / Cherokee County

Allowed Uses

Single family dwellingAccessory structures (sheds, small garages) subject to setback rulesHome office / residential accessory uses (subject to local ordinance)
Current Useresidential

Tax & Sale History

Tax Assessment

Sale History

2025-12-11$122,850
2023-07-28$195,000
2022-04-11$65,000

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