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16-Unit Apartment Building
For Sale
$1,900,000

2107 Rondo St, Charleston, SC 29414

All residences feature one bedroom and one bathroom, with resident-paid electricity and utility reimbursements.

Property SizeContact for details
Days on Market52

Property Features for 2107 Rondo St

General Information

Standard status Active
Property subtype Multifamily

Units

Unit Mix 16 x 1BR/1BA
Multifamily Units 16

Additional Details

Highway Access Yes

Amenities

Renovated & Turned Interiors: Two units fully renovated with granite countertops, & majority of remaining units recently turned.
Recent Capital Investment: New roof installed in 2023, all hot water heaters updated, & the majority of PAC units recently replaced.
Tenant-Paid Utilities: Electricity paid directly by residents & water & sewer billed back to tenants, minimizing utility expense exposure for the owner.
Ef?cient All 1BR/1BA Mix: Sixteen identical one-bedroom units, ideal for streamlined operations & simplified turnover.
Prime West Ashley Submarket: One of Charleston's most established submarkets, home to nearly half the city's population & minutes from downtown.
Charleston MSA Growth: One of the Southeast's fastest-growing metros, driven by in-migration & expanding tech & life sciences employment.

Building Details

Year Built 1970
Units 16
Listing Agency: Charleston Office
Listed By: Ryan Lipomi · License #License(s): SC: 118061, GA: 448949, NC: LC982
Source: Marcusmillichap
Added: Jul 11 Changed: Aug 29 Last Checked: Aug 30 at 1:20PM

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 Charleston Office

Investment Insights

Based on property information with market context.

Located at 2107 Rondo St in Charleston’s West Ashley submarket, this 16-unit apartment property was built in 1970 and offers an all one-bedroom, one-bathroom configuration. Residents pay electricity directly, while water and sewer are billed back to tenants. Recent capital work includes a new roof completed in 2023, updated hot water heaters, and updated PAC units across most of the property. Two apartments have received full renovations with granite countertops, and most other units have been recently turned.

The property is positioned just off US Highway 17, providing access to downtown Charleston, Mount Pleasant, and West Ashley amenities. The surrounding area includes proximity to MUSC, Roper St. Francis, and downtown employment corridors. Charleston, South Carolina, is also home to major employment anchors including Boeing, the Port of Charleston, and the technology sector.

Key Highlights

  • 16‑unit apartment property built in 1970
  • All one‑bedroom, one‑bathroom unit mix
  • New roof completed in 2023

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Parking Lot & Garage Locksmith Daycare Center Carpet & Flooring Store Tanning Salon (Bike/Boat/Book/etc) Store

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

Lease Details

16
Residential units
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

776
Businesses Nearby

Demographics for 29414, SC

45,150
Population
20,209
Households
2.2
Avg Household Size
37
Median Age
52%
College-Educated
97%
High-School Grad
49.0 sq mi
ZIP Area
921
Density / Sq Mi
$91,976
Median Household Income
$53,535
Median Earnings
$1,639
Median Rent
$380,600
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - All residences feature one bedroom and one bathroom, with resident-paid electricity and utility reimbursements.
Where is this apartment building located?
The property is located at 2107 Rondo St Charleston, SC.
What is the asking price?
The asking price for this property is $1,900,000.
What are key features of this property?
This property features: 16‑unit apartment property built in 1970; All one‑bedroom, one‑bathroom unit mix; New roof completed in 2023
More about this property
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