Duplex in Residential Neighborhood

[Adam Helfer]

Hey everyone,

My name is Adam Helfer and I am a realtor and aspiring investor in the Western Upstate/Greenville area of South Carolina. I have been selling real estate for coming up on a year now (so much to learn), and am now trying to tackle my first investment, a house hack on a duplex. I have a deal I am looking at, and am currently trying to comb through all the numbers and do all the research I can to vet it. One problem I am having is figuring out what this thing is worth. It is the only duplex in the neighborhood. I have been looking at sf homes with comparable SqFt to one of the units, as well as the units combined to try and get a feel for what this is worth. Any recommendations? Should I look at price/SqFt, price per room, or expand my search to another duplex farther out. My goal is to rent and sit on it, but my fear is that it will be undesirable in the long run due to it being the only multi-home in the neighborhood.

Any tips are much appreciated. 

Thanks in advance!

Adam