Five-Unit Bed &
For Sale
$2,995,000
194-196 Rutledge Avenue, Charleston, SC 29403
Residential Income, Charleston, SC
Property Size4,300 SF
Lot Size0.20 Acres
Price / SF$696.51
Days on Market541
Property Features for 194-196 Rutledge Avenue
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning description
Conforming
Bedrooms
6
Rooms
Bedroom 2, Bedroom 1, Bedroom 6, Bedroom 5, Bedroom 3, Bedroom 4
Interior features
Ceiling Fan(s)
Subdivision
Cannonborough-Elliotborough
Elementary school
Mitchell
Middle school
Simmons Pinckney
High school
Burke
Standard status
Active
Size
4,300 SF
Lot size
0.20 Acres
Utilities
Heating system
Natural Gas, Electric (Heating)
Cooling system
Central Air
Building Details
Year built
1910
Floors in Building
2
Number of units
5
Listing Agency:
Charleston Commercial
Listed By:
Josh Schaap · License #55385
(843) 284-6873
Added: Mar 20, 2025
Changed: Sep 3
Last Checked: Sep 11 at 5:06PM
MLS# 25007619
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.
The Rutledge Ave Inn is an operating five-unit bed and breakfast at 194-196 Rutledge Avenue. The 4,300-square-foot property includes a 1910 main house renovated down to the studs in 2008, with four rental units: two two-bedroom, two-and-a-half-bath residences and two one-bedroom, one-bath residences. Central air, ceiling fans, and natural gas and electric heating serve the improvements.
A detached cottage completed in 2008 adds a two-level, two-bedroom, two-and-a-half-bath residence with a private fenced yard and rear porch. Set back from Rutledge Avenue, the cottage provides a separate setting within the property. The 0.20-acre parcel is located in Charleston’s Short-Term Rental Overlay. Qualification for bed-and-breakfast or short-term-rental use requires the owner to maintain the property as a primary residence.
A detached cottage completed in 2008 adds a two-level, two-bedroom, two-and-a-half-bath residence with a private fenced yard and rear porch. Set back from Rutledge Avenue, the cottage provides a separate setting within the property. The 0.20-acre parcel is located in Charleston’s Short-Term Rental Overlay. Qualification for bed-and-breakfast or short-term-rental use requires the owner to maintain the property as a primary residence.
Key Highlights
- Operating five‑unit bed and breakfast at 194‑196 Rutledge Avenue
- 4,300 square feet on a 0.20‑acre parcel
- 1910 main house renovated down to the studs in 2008
Property Analytics
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Current Use
Lease Details
5
Residential units
Location Intelligence
Trade Area within ½ mile
7,054
Businesses Nearby
Well-served
Demand for This Use
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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Market
Vacancy Rate% for Multifamily in South region
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Frequently Asked Questions
What type of property is this?
Bed & breakfast - Operating hospitality property with renovated accommodations, a detached cottage, and access to Charleston’s Short-Term Rental Overlay.
Where is this bed & breakfast located?
The property is located at 194-196 Rutledge Avenue Charleston, SC.
What is the asking price?
The asking price for this property is $2,995,000.
What are key features of this property?
This property features: Operating five‑unit bed and breakfast at 194‑196 Rutledge Avenue; 4,300 square feet on a 0.20‑acre parcel; 1910 main house renovated down to the studs in 2008
