Search
Renovated Multifamily Portfolio
For Sale
Contact for pricing

1516 N Avalon Cir, Charleston, SC 29407

Five small-scale residential assets completed comprehensive renovations in 2023.

Property SizeContact for details
Days on Market142

Property Features for 1516 N Avalon Cir

General Information

Standard status Active
Property subtype Multifamily

Building Details

Year Renovated 2023
Listing Agency: Marcus & Millichap - Charleston
Listed By: Ryan Lipomi · License #SC 118061
Source: Crexi
Added: Apr 13 Changed: Aug 31 Last Checked: Aug 30 at 4:30PM

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 offering combines five multifamily properties, with each asset containing four units or fewer. The portfolio includes 1516 N Avalon Circle and four properties on Orange Grove Road: 1530, 1532, 1552, and 1554. All units received full renovations in 2023, providing recently updated residential improvements across the collection.

The properties are located in Charleston’s West Ashley submarket, with proximity to downtown Charleston, area employers, and major commercial corridors. The source information also identifies continued regional population growth and ongoing development expectations within West Ashley.

Key Highlights

  • Five multifamily assets offered as one portfolio
  • Each property contains four units or fewer
  • All units underwent full renovations in 2023

Property Analytics

Current Use

Multifamily properties

Suggested Use

Top Pick Dental Office Building Supply Kitchen & Bath Showroom Electrical Service (Bike/Boat/Book/etc) Store Daycare Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

316
Businesses Nearby

Demographics for 29407, SC

35,373
Population
18,723
Households
1.9
Avg Household Size
39
Median Age
51%
College-Educated
94%
High-School Grad
15.4 sq mi
ZIP Area
2,297
Density / Sq Mi
$80,568
Median Household Income
$51,827
Median Earnings
$1,388
Median Rent
$407,300
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Multifamily property - Five small-scale residential assets completed comprehensive renovations in 2023.
Where is this multifamily property located?
The property is located at 1516 N Avalon Cir Charleston, SC.
What are key features of this property?
This property features: Five multifamily assets offered as one portfolio; Each property contains four units or fewer; All units underwent full renovations in 2023
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message