Three-Unit Residential
For Sale
$1,500,000
4 Oakdale Place, Charleston, SC 29407
Residential Income, Charleston, SC
Property Size3,596 SF
Lot Size0.26 Acres
Price / SF$417.13
Days on Market47
Property Features for 4 Oakdale Place
General Information
Property type
Residential Multi Family
Property subtype
Other
Bedrooms
5
Rooms
Bedroom 1, Bedroom 4, Bedroom 3, Bedroom 2, Bedroom 5
Subdivision
Avondale
Elementary school
St. Andrews
Middle school
C E Williams
High school
West Ashley
Directions
Take Hwy 61/ashley River Rd Towards Downtown. Turn Left Onto Oakdale Place. The Home Is The 2nd To The Last On The Left.
Standard status
Active
Size
3,596 SF
Lot size
0.26 Acres
Additional Details
Individually Metered Utilities
electricity
Utilities
Sewer type
Public Sewer
Cooling system
Central Air, Window Unit(s)
Water source
Public
Building Details
Year built
1955
Floors in Building
2
Number of units
3
Listing Agency:
Brand Name Real Estate · Keller Williams Realty
Listed By:
Shawn Bergen
(843) 343-8193
Added: Sep 14
Changed: Oct 25
Last Checked: Oct 30 at 1:06PM
MLS# 26025761
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.
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Investment Insights
Based on property information with market context.
This 3,596-square-foot residential property, built in 1955, is configured as a main home with two additional rental units. The primary residence includes two bedrooms and two baths on the main level, along with a dining room, office area, and screened porch. An upper-level addition provides another bedroom and bath, exterior access, and a balcony with views toward Charleston Harbor. Each apartment includes a living area, kitchen space, bedroom, and bathroom.
The property sits on 0.26 acres in Charleston's West Ashley area and offers views toward Downtown Charleston. The apartments share a paved parking area and landscaped green space. Separate electric meters serve each apartment, the lower level of the main house, and the upper level, while the units share a water meter. Public water and public sewer are available, and a sizable workshop adds functional space for projects or storage.
The property sits on 0.26 acres in Charleston's West Ashley area and offers views toward Downtown Charleston. The apartments share a paved parking area and landscaped green space. Separate electric meters serve each apartment, the lower level of the main house, and the upper level, while the units share a water meter. Public water and public sewer are available, and a sizable workshop adds functional space for projects or storage.
Key Highlights
- 3,596‑square‑foot triplex‑style property on 0.26 acres
- Main residence with two bedrooms and two baths on the primary level
- Two separate apartments, each with a living area, kitchen space, bedroom, and bathroom
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$47,099
Cap Rate
3.14%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$941,980
$942.0K
Cap Rate 7%
$672,843
$672.8K
Cap Rate 9%
$523,322
$523.3K
Market Conditions
NOI Build-Up for 3,596 SF
Gross rent
$71.2K $19.80/SF
− Vacancy
−$3.9K −$1.09/SF
EGI
$67.3K $18.71/SF
− OpEx
−$20.2K −$5.61/SF
NOI
$47.1K $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%
$941,980
Cap Rate 7%
$672,843
Cap Rate 9%
$523,322
Alternative Uses
Best Use
Multifamily LT 5
$672.8K
$588.7K – $785.0K
NOI $47,099 @ 7.0% cap · market cap 3.14%
Second Best
Apartment 5plus
$623.6K
$545.6K – $727.5K
NOI $43,649 @ 7.0% cap · market cap 2.91%
Theoretical Best
Office A
$973.1K
$851.5K – $1.14M
NOI $68,120 @ 7.0% cap · market cap 4.54%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
3
Residential units
Location Intelligence
Trade Area within ½ mile
1,012
Businesses Nearby
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Business Placement
Demographics for 29407, SC
35,373
Population
18,723
Households
1.9
Avg Household Size
39
Median Age
51%
College-Educated
94%
High-School Grad
15.4 sq mi
ZIP Area
2,297
Density / Sq Mi
$80,568
Median Household Income
$51,827
Median Earnings
$1,388
Median Rent
$407,300
Median Home Value
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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Triplex - Flexible residential income property with separate living areas, dedicated electric metering, workshop space, and shared parking.
Where is this triplex located?
The property is located at 4 Oakdale Place Charleston, SC.
What is the asking price?
The asking price for this property is $1,500,000.
What are key features of this property?
This property features: 3,596‑square‑foot triplex‑style property on 0.26 acres; Main residence with two bedrooms and two baths on the primary level; Two separate apartments, each with a living area, kitchen space, bedroom, and bathroom
