515 Rutledge Avenue, Charleston, SC 29403

Local realty services provided by:ERA Greater North Properties
515 Rutledge Avenue,Charleston, SC 29403
$1,799,000
  • 8 Beds
  • - Baths
  • 3,024 sq. ft.
  • Multi-family
  • Active
Listed by: seantell dorsey
Office: agent group realty charleston
MLS#:25031124
Source:MI_NGLRMLS

Price summary

  • Price:$1,799,000
  • Price per sq. ft.:$594.91

About this home

Trophy Multifamily Investment: 6.05% Cap Rate in Downtown CharlestonSecure a high-performing, turnkey asset in the city's most coveted rental corridor. This meticulously maintained property features eight private suites across two units, each functioning as a self-contained ''micro-apartment'' with its own kitchenette, bathroom, and private entrance--perfect for the high-demand professional and student markets. Upgraded with modern mini-splits, timeless hardwood floors, and a residential fire sprinkler system, this property offers peace of mind and low overhead. With rare on-site parking for eight vehicles and a prime location steps from MUSC and the College of Charleston, this is a rare ''set-and-forget'' addition to any portfolio.

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Home facts

  • Year built:1930
  • Listing ID #:25031124
  • Updated:March 28, 2026 at 12:50 AM

Rooms and interior

  • Bedrooms:8
  • Living area:3,024 sq. ft.

Structure and exterior

  • Year built:1930
  • Building area:3,024 sq. ft.
  • Lot area:0.13 Acres

Schools

  • High school:Burke
  • Middle school:Simmons Pinckney
  • Elementary school:James Simons

Finances and disclosures

  • Price:$1,799,000
  • Price per sq. ft.:$594.91