9-Unit Student Housing
For Sale
Contact for pricing
15 Smith St, Charleston, SC 29401
Two Charleston apartment properties with established student occupancy and leases extending through July 2025.
Property SizeContact for details
Days on Market141
Property Features for 15 Smith St
General Information
Standard status
Active
Property subtype
Multifamily
Occupancy
100%
Units
Unit Mix
3 x 4BR/4.5BA, 2 x 3BR/2BA, 2 x 4BR/4BA, 1 x 4BR/4BA with loft, 1 x 1BR/1BA
Multifamily Units
9
Additional Details
Public Transit
Yes
Building Details
Buildings
2
Listing Agency:
Marcus & Millichap - Charleston
Listed By:
Ryan Lipomi · License #SC 118061
Source:
Crexi
Added: Apr 12
Changed: Aug 30
Last Checked: Aug 30 at 8:08AM
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 Marcus & Millichap - Charleston
Investment Insights
Based on property information with market context.
This Charleston multifamily offering includes two apartment properties at 15 Smith St. and 192 Rutledge Ave., totaling 9 units and 31 bedrooms. The portfolio was developed in 2014 and 2016, with unit layouts ranging from one-bedroom apartments to larger four-bedroom residences, including units with four-and-a-half bathrooms and a loft. Existing residents are students attending the Medical University of South Carolina or the College of Charleston, and leases are in place through July 2025.
The properties are positioned in Downtown Charleston, with 15 Smith St. in Harleston Village and 192 Rutledge Ave. in Radcliffeborough. Both locations are within a mile of the College of Charleston, MUSC, and King Street. Colonial Lake Park, the French Quarter, dining, shopping, essential services, and public transportation are also identified as nearby neighborhood amenities. The properties have maintained 100% occupancy since construction.
The properties are positioned in Downtown Charleston, with 15 Smith St. in Harleston Village and 192 Rutledge Ave. in Radcliffeborough. Both locations are within a mile of the College of Charleston, MUSC, and King Street. Colonial Lake Park, the French Quarter, dining, shopping, essential services, and public transportation are also identified as nearby neighborhood amenities. The properties have maintained 100% occupancy since construction.
Key Highlights
- 9 units totaling 31 bedrooms across two Downtown Charleston properties
- Current tenant base consists of students at MUSC or the College of Charleston
- Leases are signed through July 2025
Property Analytics
Property Profile
Current Use
Lease Details
9
Residential units
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
7,436
Businesses Nearby
Explore this area
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
Market
Vacancy Rate% for Multifamily in South region
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Frequently Asked Questions
What type of property is this?
Apartment building - Two Charleston apartment properties with established student occupancy and leases extending through July 2025.
Where is this apartment building located?
The property is located at 15 Smith St Charleston, SC.
What are key features of this property?
This property features: 9 units totaling 31 bedrooms across two Downtown Charleston properties; Current tenant base consists of students at MUSC or the College of Charleston; Leases are signed through July 2025
