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About This Home

This 3-bedroom, 2-bathroom single family at 405 E Frederick Street in Gaffney, SC is listed for $100,000 ($61 per sqft). Built in 1940, the home offers 1,636 sqft of living space on a 0.22 acres lot.

Agent Description

Prime Opportunity, in the heart of Gaffney! 1,600+ sq ft home (square footage is estimated; buyer to verify) 3 bed, possible 2 full baths has a flexible layout and excellent potential for renovation or investment. Main level features a front living room, a spacious eat-in kitchen and a primary bedroom.

Enjoy the charm of a large covered front porch and the convenience of a fenced front yard. The property also includes an 18? x 20? concrete block workshop, providing multiple possibilities such as a home office, gym, creative studio, in-law suite, or potential studio apartment for additional income (buyer to verify zoning, permits, and allowable use).

Additional features include a newer hot water heater and a highly walkable location near downtown shops, dining, and local amenities. The property is zoned Neighborhood Commercial, having added flexibility for future use or redevelopment. Sold as-is. Cash buyers only. An excellent opportunity for investors, builders, or buyers looking to add value in a strong location.

Key Features

  • Built in 1940
  • 0.22 acre lot
  • 2 stories

Property Details

2 stories
2 full
1940

Monthly Cost Estimate

$535/mo

20% down · 6.5% · 30 years

Principal$72
Interest$433
Insurance$29

Estimates only. Actual payments may vary.

Location

405 E Frederick Street

Gaffney, SC 29340

Features & Amenities

Exterior Features

Porch-Front

Property Details

Flooring

WoodVinyl

Pool Features

Porch

Parking

Driveway

Heating

Natural Gas

Questions & Answers

This 3-bedroom, 2-bathroom single family at 405 E Frederick Street is listed at $100,000 ($61/sqft). The estimated monthly payment is $433 based on 20% down at 6.5% interest.

Key features include: Built in 1940, 0.22 acre lot, 2 stories. Exterior Features: Porch-Front.

This property is listed by Regina Alverson and can be reached at 8642165635 or reginaalverson@gmail.com.

RA

Regina Alverson

Agent at Coldwell Banker Caine

(864) 216-5635

Listed by Coldwell Banker Caine · View on Broker Site

MLS# 331806· Source: listhub· Updated 166 days ago

Copyright © 2026 Spartanburg Association of REALTORS, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

405 E Frederick Street, Gaffney, SC 29340

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