Block-Wide Multifamily
321 Ashley Avenue Charleston, SC 29403
321 Ashley Avenue, Charleston, SC, 29403
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For Sale
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Portfolio includes four buildings with seven units, fully leased through July 31, 2026.
Property Size12,825 SF
Price / SF$477.58
Days on Market93
Property Features for 321 Ashley Avenue
General Information
- Standard status
- Active
- Size
- 12,825 SF
- Property subtype
- Multifamily
Building Details
- Year Built
- 2017
Listing agency
Lighthouse Real Estate
(843) 860-3238
Listed by
Joe Porter · License #70601
Source
Crexi
Added: Apr 22 Updated: Jul 22 at 7:43AM Checked: Jul 22 at 7:43AM
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 Lighthouse Real Estate
Investment Insights
Based on property information with market context.
This block-wide multifamily portfolio consists of four buildings totaling seven units and 28 bedrooms, offered fully leased through July 31, 2026. The property includes two modern buildings constructed in 2017 totaling four units, each configured with four bedrooms and four-and-a-half baths over three expansive stories. The residences feature durable ceramic tile plank flooring, stainless-steel appliances, solid surface countertops, tiled bathroom finishes with tiled surrounds and wainscoted walls, along with vaulted ceilings, shiplap accents, rooftop balconies, and soft-close kitchen cabinetry. Each unit has en suite bathrooms and in-unit washer and dryers. The newer construction is equipped with standing-seam metal roofs, tankless water heaters, newer HVAC systems, and thermal-rated windows and doors.
Flanking the modern structures are two fully renovated historic Charleston residences, also renovated in 2017, integrated into the overall offering. One historic building fronts Ashley Avenue with two units, and the other fronts Orrs Court with one unit. The entire property is raised out of the flood zone, according to the offering materials.
Strategically located in Charleston’s historic downtown district, the property is described as being near major employers including the Medical University of South Carolina and Roper St. Francis Healthcare, and within one mile of the College of Charleston, The Citadel, and Charleston School of Law, supporting a consistent tenant pipeline.
Flanking the modern structures are two fully renovated historic Charleston residences, also renovated in 2017, integrated into the overall offering. One historic building fronts Ashley Avenue with two units, and the other fronts Orrs Court with one unit. The entire property is raised out of the flood zone, according to the offering materials.
Strategically located in Charleston’s historic downtown district, the property is described as being near major employers including the Medical University of South Carolina and Roper St. Francis Healthcare, and within one mile of the College of Charleston, The Citadel, and Charleston School of Law, supporting a consistent tenant pipeline.
Key Highlights
- Block‑wide downtown Charleston multifamily portfolio with four buildings and seven total units.
- Fully leased through July 31, 2026; historical occupancy reported at 100% with about a 10% average rental rate increase per year since 2021.
- Two modern buildings built in 2017 total four units; each unit has four bedrooms, 4.5 baths, and about 1,750 SF across three stories.
Property Analytics
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FAQs
What type of property is this?
Apartment building - Portfolio includes four buildings with seven units, fully leased through July 31, 2026.
Where is this apartment building located?
The property is located at 321 Ashley Avenue Charleston, SC.
What is the asking price?
The asking price for this property is $6,125,000.
What are key features of this property?
This property features: Block‑wide downtown Charleston multifamily portfolio with four buildings and seven total units.; Fully leased through July 31, 2026; historical occupancy reported at 100% with about a 10% average rental rate increase per year since 2021.; Two modern buildings built in 2017 total four units; each unit has four bedrooms, 4.5 baths, and about 1,750 SF across three stories.
