Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    1 S Anderson Ave Charleston, SC 29412

    Under Contract
    For Sale
    $999,000

    Residential Income - Charleston, SC

    Property size:
    4,254 SF
    Lot size:
    0.25 Acres
    Days on Market:
    20
    Last Refresh:
    Dec 5 at 3:06 pm

    Property Features for 1 S Anderson Ave

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active Under Contract
    Zoning
    Conforming
    Rooms
    Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5
    Bedrooms
    8
    Size
    4,254 SF
    Lot size
    0.25 Acres

    Utilities

    Heating system
    Central, Heat Pump (Heating)
    Cooling system
    Central Air

    Building Details

    Year built
    1981
    Number of units
    4
    Building materials
    Brick
    Architectural style
    Other

    eXp Realty Charleston (888) 440-2798 [email protected]

    Listing agent Atlas Fathalla (888) 440-2798

    Listing date Nov 16, 2025

    MLS# 25015172 Listing URL

    Copyright © 2025 CHS Regional MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    James Island Quadplex Investment Opportunity

    Located on James Island, this solid brick quadplex offers a rare investment opportunity. The property features four well-maintained units, each with 2 bedrooms and 1.5 bathrooms. Each spacious unit includes durable vinyl flooring throughout and updated kitchens. The property generates $7,300 per month in gross rental income, with all four units currently rented at rates close to market value. This property is an ideal portfolio addition, offering strong in-place cash flow and potential rental upside. Tenants benefit from a practical layout that includes comfortable living areas, eat-in kitchens, private patios, and a laundry room in each unit. The upstairs area of each unit contains 2 bedrooms and a full shared bathroom. The property has been very well maintained and includes ample off-street parking in the dedicated parking lot behind the building, low-maintenance landscaping, and a durable brick exterior. One of the leases is expiring in a few months, presenting an opportunity for an investor to occupy one unit while continuing to rent out the others. The property is conveniently located 6 miles from Folly Beach, 4 miles from Downtown Charleston, and 3 miles from the Pour House, the Terrace Theater, and restaurants at the Terrace Plaza. This quadplex combines steady income with long-term appreciation potential in a desirable Charleston submarket.
    Property Profile Location Intelligence

    Current Use by Public Records

    Quadplexes

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Charleston
    County
    Berkeley
    State
    South Carolina
    Longitude
    -79.961007
    Latitude
    32.732143

    Nearby Similar for Sale

    • $5,245,000
      7,159 SF

      Historic Charleston Multifamily Investment Opportunity

      Nine-unit residential income property with condo conversion potential.
      176-178 Broad St, Charleston, SC 29401
      View Details
    • $2,550,000
      5,117 SF

      Historic Charleston Income Property

      Two historic homes with an attached apartment near King Street.
      197 Coming St, Charleston, SC 29403
      View Details
    • $4,850,000
      4,571 SF

      Charleston Income Property with Parking

      Licensed short-term rental property in downtown Charleston with parking.
      221 Ashley Ave, Charleston, SC 29403
      View Details
    • $1,899,000
      2,132 SF

      Charleston Triplex: Renovated Income Property

      Renovated Charleston triplex near shops, dining, and entertainment.
      169 Spring St, Charleston, SC 29403
      View Details
    • $4,399,000
      4,278 SF

      Historic Mixed-Use Income Property

      Fully renovated, income-generating property in downtown Charleston.
      21 Broad St, Charleston, SC 29401
      View Details
    • $1,995,000
      3,195 SF

      Charleston Mixed-Use Investment Opportunity

      High-income property in desirable downtown Charleston neighborhood with short-term rental potential.
      171 Spring St, Charleston, SC 29403
      View Details

    FAQs

    What type of property is this?
    Quadplex - Solid brick quadplex with strong rental income in Charleston, SC.
    Where is this quadplex located?
    The property is located at 1 S Anderson Ave Charleston, SC.
    What is the asking price?
    The asking price for this property is $999,000.
    What are key features of this property?
    This property features: - Strong in-place cash flow with $7,300/month gross rental income.; - Four well-maintained units, each with 2 bedrooms and 1.5 bathrooms.; - Desirable James Island location, close to Folly Beach, Downtown Charleston, and local amenities.
    (888) 440-2798
    Request Owner's contact information
    1 S Anderson Ave Charleston, SC 29412
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    1 S Anderson Ave
    Charleston, SC 29412
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1 S Anderson Ave Charleston, SC 29412
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.