Historic Charleston Single
For Sale
$980,000
17 Maverick St, Charleston, SC 29403
Tenant-occupied triplex offering historic residential character and renovation scope.
Property Size2,589 SF
Price / SF$378.52
Days on Market177
Property Features for 17 Maverick St
General Information
Standard status
Active
Size
2,589 SF
Property subtype
Multi-Family
Property Condition
Severity
Repairs Needed
Evidence
awaiting renovations
Additional Details
Multifamily Units
3
Building Details
Year Built
1916
Construction
Charleston Single
Listing Agency:
Changing Lives Forever Home Solutions
Listed By:
Randeshia Johnson
(843) 324-0090
Source:
Charlestonareahousehunt
Added: Apr 21
Changed: Oct 7
Last Checked: Oct 12 at 7:48PM
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 Changing Lives Forever Home Solutions
Investment Insights
Based on property information with market context.
Built in 1916, this Charleston Single triplex contains 3 tenant-occupied units within 2,589 square feet. The property retains period architectural character and presents a renovation project for a buyer seeking to rework the interiors while preserving the building’s residential identity.
The property is located at 17 Maverick St in Charleston, near Hampton Park and local restaurants. MUSC, the College of Charleston, and the Citadel are described as minutes away, placing the asset near established institutional and neighborhood destinations.
The property is located at 17 Maverick St in Charleston, near Hampton Park and local restaurants. MUSC, the College of Charleston, and the Citadel are described as minutes away, placing the asset near established institutional and neighborhood destinations.
Key Highlights
- Triplex with 3 tenant‑occupied units
- 2,589 square feet of residential space
- Built in 1916
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$33,910
Cap Rate
3.46%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$678,200
$678.2K
Cap Rate 7%
$484,429
$484.4K
Cap Rate 9%
$376,778
$376.8K
Market Conditions
NOI Build-Up for 2,589 SF
Gross rent
$51.3K $19.80/SF
− Vacancy
−$2.8K −$1.09/SF
EGI
$48.4K $18.71/SF
− OpEx
−$14.5K −$5.61/SF
NOI
$33.9K $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%
$678,200
Cap Rate 7%
$484,429
Cap Rate 9%
$376,778
Alternative Uses
Best Use
Multifamily LT 5
$484.4K
$423.9K – $565.2K
NOI $33,910 @ 7.0% cap · market cap 3.46%
Second Best
Apartment 5plus
$448.9K
$392.8K – $523.8K
NOI $31,426 @ 7.0% cap · market cap 3.21%
Theoretical Best
Office A
$700.6K
$613.1K – $817.4K
NOI $49,044 @ 7.0% cap · market cap 5.00%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
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Current Use
Lease Details
3
Residential units
Location Intelligence
Trade Area within ½ mile
1,443
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 - Tenant-occupied triplex offering historic residential character and renovation scope.
Where is this triplex located?
The property is located at 17 Maverick St Charleston, SC.
What is the asking price?
The asking price for this property is $980,000.
What are key features of this property?
This property features: Triplex with 3 tenant‑occupied units; 2,589 square feet of residential space; Built in 1916
