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Renovated Duplex Near MUSC
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234 Ashley Ave, Charleston, SC 29403

Renovated 1840-built duplex with two leased 2-bedroom units, each with washer/dryer and separate HVAC.

Property SizeContact for details
Days on Market111

Property Features for 234 Ashley Ave

General Information

Standard status Active
Total Parking Spaces 3
Property subtype Multifamily
Occupancy 100%

Additional Details

Highway Access Yes
Multifamily Units 2

Building Details

Year Built 1840
Year Renovated 2011
Listing Agency: Carolina Elite Real Estate
Listed By: Isabelle Martinez · License #SC 18751
Source: Crexi
Added: Apr 23 Changed: Aug 8 Last Checked: Jul 21 at 4:10AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Carolina Elite Real Estate

Investment Insights

Based on property information with market context.

This renovated duplex features two separate apartments, each offering 2 bedrooms and 2 bathrooms, along with a living room and kitchen with high ceilings. Each unit includes its own washer and dryer, and there are two individual HVAC units serving the building. The property has off-street parking for 3 cars, a tankless hot water heater, and a 5’ mason privacy wall around the house. The home was built in 1840 and renovated in 2011 with new appliances.

The property is situated at the corner of Ashley Avenue and Spring Street in Charleston, SC. The public remarks note it is about one and a half blocks from MUSC, with access to nearby restaurants and shopping.

Both the top and bottom units are currently leased to MUSC students, with stated income of $4,000 per month in the provided remarks.

Key Highlights

  • Renovated duplex built in 1840 with two 2‑bedroom, 2‑bath apartments
  • Each unit includes a living room, kitchen, and washer/dryer
  • Top and bottom units are leased to MUSC students, with income of $4,000 per month

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Electrical Service Auto Parts Store (Bike/Boat/Book/etc) Store Plumbing Service HVAC Service Tanning Salon

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
100%
Occupancy
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

643
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
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Frequently Asked Questions

What type of property is this?
Duplex - Renovated 1840-built duplex with two leased 2-bedroom units, each with washer/dryer and separate HVAC.
Where is this duplex located?
The property is located at 234 Ashley Ave Charleston, SC.
What are key features of this property?
This property features: Renovated duplex built in 1840 with two 2‑bedroom, 2‑bath apartments; Each unit includes a living room, kitchen, and washer/dryer; Top and bottom units are leased to MUSC students, with income of $4,000 per month
More about this property
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