Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    102 108 Summerville, SC 29483

    View on Map
    Sponsored
    For Sale
    $1,200,000

    MULTI_FAMILY - Summerville, SC

    Property size:
    7,264 SF
    Lot size:
    0.60 Acres
    Days on Market:
    15
    Last Refresh:
    Mar 13 at 7:06 am

    Property Features for 102 108

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Rooms
    Bedroom 8, Bedroom 7, Bedroom 11, Bedroom 2, Bedroom 9, Bedroom 12, Bedroom 10, Bedroom 3, Bedroom 5, Bedroom 4, Bedroom 1, Bedroom 6
    Bedrooms
    12
    Parking
    1
    Size
    7,264 SF
    Lot size
    0.60 Acres

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Natural Gas, Central, Heat Pump (Heating)
    Cooling system
    Central Air
    Water source
    Public

    Building Details

    Year built
    1969
    Floors in Building
    2
    Number of units
    4
    Building materials
    Block/Masonry, Masonite, Wood Siding

    We can help!

    Listing Contact
    Philip Sykes
    Philip Sykes

    The Cassina Group (843) 628-0008

    Listing agent Philip Sykes

    Listing date Feb 26, 2026

    MLS# 26000458 Listing URL

    Copyright © 2026 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.

    Learn more

    Property Insight Report

    Overview

    Summerville Quadplex Near Downtown

    This quadplex is located in the older section of Summerville, South Carolina, just minutes from downtown. Zoned commercial, the property features four units in great condition. A new roof has recently been installed. Each unit is approximately 1800 square feet and includes 3 bedrooms and 2 full baths. The downstairs area is open, with ceiling-to-floor windows providing ample natural light. Each unit has one bedroom on the first floor and two bedrooms upstairs, with an identical floor plan for all units. Washer and dryer hookups are available in each unit. Covered parking with a storage area is provided for each unit. Each unit is individually metered for water/sewer and electricity. The plumbing lines to the building have been recently updated. The property is easy to lease and has long-term tenants. The lot size is 0.6 acres and the property size is 7264 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Quadplexes

    Map

    City
    Summerville
    County
    Dorchester
    State
    South Carolina
    Longitude
    -80.201026
    Latitude
    33.00058

    Nearby Similar for Sale

    • $646,500
      3,887 SF

      Summerville Quadplex Investment Opportunity

      Fully occupied quadplex in Summerville, SC, with solid rental history.
      103 Magwood Dr, Summerville, SC 29485
      View Details
    • $646,500
      3,887 SF

      Summerville Quadplex Investment Opportunity

      Well-located Summerville quadplex with investment potential near major employers.
      109 Magwood Dr, Summerville, SC 29485
      View Details
    • New
      $620,000
      4,010 SF

      Summerville Quadplex: Investment Opportunity

      Well-maintained quadplex in a convenient Summerville location.
      105 Magwood Dr, Summerville, SC 29485
      View Details
    • New
      $620,000
      4,010 SF

      Summerville Quadplex: Investment Opportunity

      Well-maintained quadplex in a convenient Summerville location.
      107 Magwood Dr, Summerville, SC 29485
      View Details
    • $646,500
      4,012 SF

      Summerville Quadplex Investment Opportunity

      Well-located Summerville quadplex near major employers and retail.
      104 Jedi Ln, Summerville, SC 29485
      View Details
    • $475,000

      Commercial Property in Growing Corridor

      2,639 SF property suitable for various commercial uses.
      1745 Central Ave, Summerville, SC 29483
      View Details
    • $875,000

      Office/Warehouse Building with Fenced Yard

      2,000 SF office/warehouse on 1.32 acres near I-26.
      219 Old Summerville Rd, Summerville, SC 29486
      View Details
    • $740,000
      4,000 SF

      Summerville Quadplex: Investment Opportunity

      Well-maintained quadplex in Summerville with immediate cash flow potential.
      121 Langley Dr, Summerville, SC 29485
      View Details
    • $1,416,400

      Auto Parts Store For Sale

      Auto parts store on 1.44 acre lot for sale.
      857 Orangeburg Rd, Summerville, SC 29483
      View Details
    • New
      $289,900
      1,657 SF

      Refreshed Single-Story Home in Summerville

      Low-maintenance home near shopping, dining, and medical offices.
      127 Manning Ct, Summerville, SC 29485
      View Details

    FAQs

    What type of property is this?
    Quadplex - Four units in great condition, commercially zoned near downtown.
    Where is this quadplex located?
    The property is located at 102 108 Summerville, SC.
    What is the asking price?
    The asking price for this property is $1,200,000.
    What are key features of this property?
    This property features: - Quadraplex in Summerville, offering a multi-unit investment opportunity.; - Zoned commercial, providing flexibility for various business or residential uses.; - Four units in great condition, minimizing immediate renovation costs.
    (843) 628-0008
    Request Owner's contact information
    102 108 Summerville, SC 29483
    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.
    102 108
    Summerville, SC 29483
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    102 108 Summerville, SC 29483
    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
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Philip Sykes
    Philip Sykes
    Real Estate License ID: 28254
    (843) 628-0008 (843) 478-7973
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!