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Restored Triplex with Separate Utilities
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4 Ashe Street, Charleston, SC 29403

Restored triplex with three fully leased units, off-street parking, and separate electric, gas, and water metering.

Property SizeContact for details
Days on Market124

Property Features for 4 Ashe Street

General Information

Standard status Active
Property subtype Special Purpose
Occupancy 100%

Additional Details

Multifamily Units 3

Building Details

Year Built 1852
Year Renovated 1998
Tenancy Multi
Listing Agency: Coldwell Banker Commercial Atlantic
Listed By: Kristen Krause · License #83716
Source: Crexi
Added: Apr 11 Changed: Aug 8 Last Checked: Jul 21 at 3:26AM

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 Coldwell Banker Commercial Atlantic

Investment Insights

Based on property information with market context.

This restored triplex contains three separately metered rental units totaling 6 bedrooms and 5.5 bathrooms. Each unit includes its own electric, gas, and water meters, and the property provides off-street parking for every unit. The home’s original construction dates to circa 1852 and was renovated in 1998 down to the studs with new electrical, plumbing, and a standing seam metal roof. Two of the three HVAC units were replaced two years ago. Kitchens in all three units were remodeled within the last two years with new cabinets, granite, and stainless-steel appliances, and bathrooms were updated. Front-load washer/dryer units are included as well.

Located on the Charleston Peninsula in the downtown area off Spring Street, the property is described as being within walking distance to CofC and MUSC, while positioned on a private residential street.

The seller reports ongoing maintenance including termite bond, pest control, and landscaping, and notes that all three units are currently fully leased. Expense and income details are available upon request via an expense and income spread sheet.

Key Highlights

  • Restored triplex with 3 fully leased units and off‑street parking for each unit
  • Original construction circa 1852; renovated in 1998 down to the studs with new electrical, plumbing, and standing seam metal roof
  • 2 of 3 HVAC units replaced two years ago; each unit is separately metered (electric, gas, and water)

Property Analytics

Current Use

Triplexes

Suggested Use

Top Pick Electrical Service Auto Parts Store Locksmith Auto Repair Shop (Bike/Boat/Book/etc) Store Tanning Salon

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

3
Residential units
100%
Occupancy
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

2,454
Businesses Nearby

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

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?
Triplex - Restored triplex with three fully leased units, off-street parking, and separate electric, gas, and water metering.
Where is this triplex located?
The property is located at 4 Ashe Street Charleston, SC.
What are key features of this property?
This property features: Restored triplex with 3 fully leased units and off‑street parking for each unit; Original construction circa 1852; renovated in 1998 down to the studs with new electrical, plumbing, and standing seam metal roof; 2 of 3 HVAC units replaced two years ago; each unit is separately metered (electric, gas, and water)
(843) 744-9877 Call to check price and availability
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