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Two-Unit Short-Term Rental Property
New
For Sale
$3,875,000

111 Cannon Street, Charleston, SC 29403

Residential Income, Charleston, SC

Property Size2,811 SF
Lot Size0.13 Acres
Price / SF$1,378
Days on Market3

Property Features for 111 Cannon Street

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 7
Rooms Bedroom 3, Bedroom 4, Bedroom 2, Bedroom 5, Bedroom 6, Bedroom 1, Bedroom 7
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
outdoor lounge deck
outdoor dining area

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: Sep 28 Last Checked: Sep 30 at 5:06PM
MLS# 26026897

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.

Built in 1910, this 2,811-square-foot property contains two furnished units with seven bedrooms and seven bathrooms in total. Unit A has four bedrooms and four bathrooms; Unit B has three bedrooms and three bathrooms. The sale includes furnishings, appliances, and fixtures. Outdoor features include a spa, built-in grill, lounge deck, dining area, stone patios, brick paths, landscaping, and iron gates.

The property occupies a 0.13-acre parcel at 111 Cannon Street in Charleston. MUSC and the shops, restaurants, and nightlife of Cannonborough-Elliotborough and Upper King Street are within walking or biking distance. Public water and sewer serve the property.

Key Highlights

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

Property Analytics

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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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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 - Furnished accommodations include separate four-bedroom and three-bedroom units with private outdoor amenities.
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 $3,875,000.
What are key features of this property?
This property features: Two units totaling 7 bedrooms and 7 bathrooms; Unit A: 4 bedrooms and 4 bathrooms; Unit B: 3 bedrooms and 3 bathrooms; 2,811 square feet on a 0.13‑acre lot
More about this property
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