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4 Beds
4 Baths
2,818 sqft

$585,000

48 Tierra Drive, Waterloo SC, 29384

Price per sqft$207.59
Property size2,818 sqft
Property typeResidential

Overview

Active

Listed Jul 31, 2026

Updated Aug 1

Investment Opportunity on Lake Greenwood – Income Producing Property! Looking for strong cash flow with built-in flexibility? This unique Lake Greenwood investment property generates $5,000+ per month in gross rental income potential, with receipts and income documentation available upon request. The property features a duplex, three full RV hookups, and multiple income streams, making it an outstanding addition to an investment portfolio. The owner currently occupies the left side of the duplex and is willing to lease it back from the new owner, allowing an investor to step into an income-producing asset from day one. Whether you're looking for a true investment property or a house-hacking opportunity, you also have the option to live in one side of the duplex while renting the other unit and all three RV sites to help offset—or potentially cover—your housing expenses. Additional features include owned solar panels serving the left-side unit, an above-ground pool, a detached outbuilding/workshop, and lakefront access on beautiful Lake Greenwood. With multiple revenue streams, flexible ownership options, and excellent cash-flow potential, opportunities like this are hard to find. If you're searching for an income-producing lake property with immediate rental potential and long-term flexibility, schedule your showing today.

$3,892/mo

Est. mortgage payment based on a $585,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
1599365

Interior Features

Bedrooms
4
Bathrooms
4
Cooling
Yes
Heating
Yes
Basement
No

Exterior Features

Lot Size
1.28 Acres

Other Property Details

Taxes
$1,614
Tax Frequency
Annually
Garage
Yes
View
Yes
Pool
Yes
Waterfront
Yes

Also listed on SAR and AAR

Listed by Jordan Surrett, Keller Williams Greenville Central, 864-400-4100 

Listing data is derived in whole or in part from the Greater Greenville Association of REALTORS® and is for consumers' personal, noncommercial use only. Greater Greenville Association of REALTORS®. All Rights Reserved. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change, or withdrawal. Neither listing broker(s) nor Judy Johnson shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

©2026 Greater Greenville Association of REALTORS®. All rights reserved. 

Data last updated 5:49 AM UTC, 8/1/2026

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