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Brick Veneer Quadplex
For Sale
$660,000

1212 Boone Hill Road, Summerville, SC 29483

Residential Income, Summerville, SC

Property Size3,958 SF
Lot Size0.24 Acres
Price / SF$166.75
Days on Market149

Property Features for 1212 Boone Hill Road

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 8
Rooms Bedroom 2, Bedroom 6, Bedroom 7, Bedroom 4, Bedroom 1, Bedroom 8, Bedroom 3, Bedroom 5
Elementary school Newington
Middle school Gregg
High school Summerville
Subdivision 63 - Summerville/Ridgeville
Standard status Active
Size 3,958 SF
Lot size 0.24 Acres

Utilities

Sewer type Public Sewer
Water source Public

Building Details

Year built 1981
Floors in Building 2
Number of units 4
Building materials Brick Veneer
Roof type Asphalt
Listing Agency: Realty One Group Coastal
Listed By: Barnwell Cuthbert
Added: Jun 1 Changed: Oct 20 Last Checked: Oct 27 at 2:06AM
MLS# 26015827

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 four-unit residential property contains 3,958 square feet, with each unit measuring 989.5 SF and configured with 2 bedrooms and 1.5 baths. Built in 1981, the building features brick veneer construction, an asphalt roof, and a practical layout across the quadplex.

The property occupies 0.24 acres at 1212 Boone Hill Road in Summerville, South Carolina. Public water and public sewer serve the site, providing established utility infrastructure for the residential improvements.

Key Highlights

  • Four‑unit quadplex with 3,958 square feet
  • Each unit measures 989.5 SF with 2 bedrooms and 1.5 baths
  • Built in 1981 with brick veneer construction

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$44,868
Cap Rate
6.80%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$897,360 $897.4K
Cap Rate 7%
$640,971 $641.0K
Cap Rate 9%
$498,533 $498.5K
Market Conditions
NOI Build-Up for 3,958 SF
Gross rent
$68.9K $17.40/SF
− Vacancy
−$4.8K −$1.21/SF
EGI
$64.1K $16.19/SF
− OpEx
−$19.2K −$4.86/SF
NOI
$44.9K $11.34/SF
Area
Dorchester County, SC
Vacancy
6.93%
Lease Rate
$17.40 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$897,360
Cap Rate 7%
$640,971
Cap Rate 9%
$498,533

Alternative Uses

Best Use
Multifamily LT 5
$641.0K
$560.9K – $747.8K (±1% cap)
NOI $44,868 @ 7.0% cap · market cap 6.80%
Second Best
Apartment 5plus
$591.6K
$517.6K – $690.2K (±1% cap)
NOI $41,409 @ 7.0% cap · market cap 6.27%
Theoretical Best
Office A
$2.96M
$2.59M – $3.46M (±1% cap)
NOI $207,344 @ 7.0% cap · market cap 31.42%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Lease Details

4
Residential units

Location Intelligence

Trade Area within ½ mile

216
Businesses Nearby

Demographics for 29483, SC

56,778
Population
23,133
Households
2.5
Avg Household Size
38
Median Age
30%
College-Educated
92%
High-School Grad
53.3 sq mi
ZIP Area
1,065
Density / Sq Mi
$82,194
Median Household Income
$42,929
Median Earnings
$1,220
Median Rent
$303,400
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025

Frequently Asked Questions

What type of property is this?
Quadplex - Four residential units offer consistent two-bedroom, one-and-a-half-bath layouts in a professionally maintained income property.
Where is this quadplex located?
The property is located at 1212 Boone Hill Road Summerville, SC.
What is the asking price?
The asking price for this property is $660,000.
What are key features of this property?
This property features: Four‑unit quadplex with 3,958 square feet; Each unit measures 989.5 SF with 2 bedrooms and 1.5 baths; Built in 1981 with brick veneer construction
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