Triplex with Ground-Level Expansion
116-118 Ashley Avenue, Charleston, SC 29401
For Sale
New
$2,220,000
Residential Income, Charleston, SC
Property Size3,714 SF
Lot Size0.14 Acres
Price / SF$597.74
Days on Market2
Property Features for 116-118 Ashley Avenue
General Information
Property type
Property subtype
Subdivision
Elementary school
Middle school
High school
Directions
Standard status
Size
Lot size
Additional Details
Individually Metered Utilities
Utilities
Sewer type
Heating system
Cooling system
Water source
Building Details
Year built
Floors in Building
Buildings
Listing Agency:
Matt O'Neill Real Estate
Listed By:
Susanna Lee
(843) 654-7777
Added: Nov 12
Last Checked: Nov 13 at 11:06PM
MLS# 26030575
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.
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Investment Insights
Based on property information with market context.
This two-story multifamily property contains 3,714 square feet on a 0.14-acre lot and was built in 1967. The second floor is arranged as two separate apartments, each with two bedrooms, two bathrooms, a kitchen, dining area, living room, and dedicated laundry space. The ground level is unfinished, with interior walls defining multiple rooms and a completed powder room. Four utility meters are in place. The lower level may offer the possibility of additional apartments, subject to applicable approvals and verification of feasibility.
The property is at 116-118 Ashley Avenue in Charleston, half a block from Cannon Park and 2.5 blocks from MUSC. Charleston City Marina, King Street, Marion Square, and WestEdge are within approximately one mile. Central heating and air conditioning serve the building, with public water and public sewer.
The property is at 116-118 Ashley Avenue in Charleston, half a block from Cannon Park and 2.5 blocks from MUSC. Charleston City Marina, King Street, Marion Square, and WestEdge are within approximately one mile. Central heating and air conditioning serve the building, with public water and public sewer.
Key Highlights
- 3,714 square feet on a 0.14‑acre lot
- Two upper‑level apartments, each with 2 bedrooms and 2 bathrooms
- Unfinished ground floor has defined rooms and a completed powder room
Property Analytics
Who owns this building?
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Lease Details
3
Residential units
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
7,073
Businesses Nearby
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Business Placement
Demographics for 29401, SC
9,145
Population
5,808
Households
1.6
Avg Household Size
38
Median Age
75%
College-Educated
96%
High-School Grad
1.5 sq mi
ZIP Area
6,097
Density / Sq Mi
$90,074
Median Household Income
$45,653
Median Earnings
$1,838
Median Rent
$1,165,900
Median Home Value
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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Triplex - Two upper-level apartments each include two bedrooms, two bathrooms, a kitchen, living and dining areas, and laundry.
Where is this triplex located?
The property is located at 116-118 Ashley Avenue Charleston, SC.
What is the asking price?
The asking price for this property is $2,220,000.
What are key features of this property?
This property features: 3,714 square feet on a 0.14‑acre lot; Two upper‑level apartments, each with 2 bedrooms and 2 bathrooms; Unfinished ground floor has defined rooms and a completed powder room
