3-Unit Triplex with
For Sale
$750,000
166 President, Charleston, SC 29403
Residential Income, Charleston, SC
Property Size2,256 SF
Lot Size0.06 Acres
Price / SF$332.45
Days on Market145
Property Features for 166 President
General Information
Property type
Residential Multi Family
Property subtype
Other
Bedrooms
6
Rooms
Bedroom 4, Bedroom 1, Bedroom 6, Bedroom 5, Bedroom 2, Bedroom 3
Subdivision
Elliotborough
Elementary school
Mitchell
Middle school
Simmons Pinckney
High school
Burke
Directions
I-26 To Exit 221a. Continue Down Septima Clark Then Right On President St. Home On The Right Corner
Standard status
Active
Size
2,256 SF
Lot size
0.06 Acres
Utilities
Sewer type
Public Sewer
Water source
Public
Amenities
private balcony
brick fence
Building Details
Year built
1935
Floors in Building
2
Number of units
3
Building materials
Vinyl Siding
Roof type
Metal
Listing Agency:
AgentOwned Realty
(843) 725-5059
Listed By:
Teddy Nelson
(843) 743-8028
Added: May 14
Changed: Sep 16
Last Checked: Oct 5 at 5:06PM
MLS# 26014035
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.
Investment Insights
Based on property information with market context.
Built in 1935, this 2,256-square-foot triplex contains three separate residences with a documented mix of Unit A with 2 bedrooms and 1 bathroom, Unit B with 3 bedrooms and 2 bathrooms, and Unit C with 1 bedroom and 1 bathroom. The property sits on 0.06 acres and includes wood floors, a private balcony, a brick fence, vinyl siding, and a metal roof.
Located at 166 President in Charleston, the property is within walking distance of MUSC, The Citadel Military College, the VA Hospital, and Publix. Public water and public sewer serve the property, supporting its existing multifamily configuration.
Located at 166 President in Charleston, the property is within walking distance of MUSC, The Citadel Military College, the VA Hospital, and Publix. Public water and public sewer serve the property, supporting its existing multifamily configuration.
Key Highlights
- Three‑unit property with 2,256 square feet on 0.06 acres
- Unit mix includes 2 Bd/1 Ba, 3 Bd/2 Ba, and 1 Bd/1 Ba residences
- Built in 1935 with wood floors and a private balcony
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$29,548
Cap Rate
3.94%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$590,960
$591.0K
Cap Rate 7%
$422,114
$422.1K
Cap Rate 9%
$328,311
$328.3K
Market Conditions
NOI Build-Up for 2,256 SF
Gross rent
$44.7K $19.80/SF
− Vacancy
−$2.5K −$1.09/SF
EGI
$42.2K $18.71/SF
− OpEx
−$12.7K −$5.61/SF
NOI
$29.5K $13.10/SF
Area
Charleston, SC
Vacancy
5.50%
Lease Rate
$19.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$590,960
Cap Rate 7%
$422,114
Cap Rate 9%
$328,311
Alternative Uses
Best Use
Multifamily LT 5
$422.1K
$369.4K – $492.5K
NOI $29,548 @ 7.0% cap · market cap 3.94%
Second Best
Apartment 5plus
$391.2K
$342.3K – $456.4K
NOI $27,384 @ 7.0% cap · market cap 3.65%
Theoretical Best
Office A
$610.5K
$534.2K – $712.3K
NOI $42,736 @ 7.0% cap · market cap 5.70%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
3
Residential units
Location Intelligence
Trade Area within ½ mile
6,257
Businesses Nearby
Explore this area
Business Placement
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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in South region
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Frequently Asked Questions
What type of property is this?
Triplex - Historic multifamily property with three separate residences, wood floors, and access to public water and sewer.
Where is this triplex located?
The property is located at 166 President Charleston, SC.
What is the asking price?
The asking price for this property is $750,000.
What are key features of this property?
This property features: Three‑unit property with 2,256 square feet on 0.06 acres; Unit mix includes 2 Bd/1 Ba, 3 Bd/2 Ba, and 1 Bd/1 Ba residences; Built in 1935 with wood floors and a private balcony
