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Renovated Two-Unit Short-Term Rental
For Sale
$3,980,000

111 Cannon Street, Charleston, SC 29403

Residential Income, Charleston, SC

Property Size2,811 SF
Lot Size0.13 Acres
Price / SF$1,415
Days on Market87

Property Features for 111 Cannon Street

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 7
Rooms Bedroom 3, Bedroom 6, Bedroom 7, Bedroom 1, Bedroom 5, Bedroom 2, Bedroom 4
Interior features Ceiling Fan(s)
Subdivision Cannonborough-Elliotborough
Elementary school Memminger
Middle school Simmons Pinckney
High school Burke
Directions Take Rutledge Avenue South Then Turn Right On To Cannon St. Property Is Located On Left-hand Side Of The Street.
Standard status Active
Size 2,811 SF
Lot size 0.13 Acres

Utilities

Sewer type Public Sewer
Heating system Heat Pump (Heating)
Water source Public

Amenities

spa
built-in grill
lounge deck
outdoor dining area
blue stone patios
brick walkways
custom landscaping
iron gates

Building Details

Year built 1910
Floors in Building 2
Number of units 2
Building materials Wood Siding
Roof type Metal
Listing Agency: The Boulevard Company
Listed By: Matt Anderson · License #89024
Added: Jun 5 Changed: Aug 19 Last Checked: Aug 30 at 2:06AM
MLS# 26016384

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.

Investment Insights

Based on property information with market context.

This 2,811-square-foot short-term rental property contains two furnished units with a combined seven bedrooms and seven bathrooms. Unit A provides four bedrooms and four bathrooms, while Unit B includes three bedrooms and three bathrooms. The property was built in 1910 and has undergone a complete renovation, with appliances, fixtures, and furnishings included. Wood siding, a metal roof, heat-pump heating, ceiling fans, public water, and public sewer are also in place.

Outdoor improvements include a private backyard with a spa, built-in grill, lounge deck, outdoor dining area, blue stone patios, brick walkways, landscaping, and iron gates. The 0.13-acre property is within walking and biking distance of MUSC, Cannonborough-Elliotborough, and Upper King Street. It is presented as a fully permitted short-term rental asset in Charleston, South Carolina.

Key Highlights

  • 2,811 square feet on a 0.13‑acre lot
  • Two‑unit layout with 7 bedrooms and 7 bathrooms
  • Unit A: 4 bedrooms and 4 bathrooms; Unit B: 3 bedrooms and 3 bathrooms

Property Analytics

Current Use

Short term rental ...

Suggested Use

Top Pick Electrical Service Auto Parts Store (Bike/Boat/Book/etc) Store Locksmith Plumbing Service Auto Repair Shop

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

7,054
Businesses Nearby

Demographics for 29403, SC

21,363
Population
13,013
Households
1.6
Avg Household Size
30
Median Age
57%
College-Educated
92%
High-School Grad
5.4 sq mi
ZIP Area
3,956
Density / Sq Mi
$65,689
Median Household Income
$43,421
Median Earnings
$1,658
Median Rent
$624,000
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Short term rental property - Fully furnished, professionally renovated lodging property with private outdoor amenities and convenient access to downtown Charleston destinations.
Where is this short term rental property located?
The property is located at 111 Cannon Street Charleston, SC.
What is the asking price?
The asking price for this property is $3,980,000.
What are key features of this property?
This property features: 2,811 square feet on a 0.13‑acre lot; Two‑unit layout with 7 bedrooms and 7 bathrooms; Unit A: 4 bedrooms and 4 bathrooms; Unit B: 3 bedrooms and 3 bathrooms
More about this property
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