517 Rutledge Ave Charleston, SC 29403
Four-unit multifamily property in desirable Downtown Charleston location.
Type:Multifamily
Property size:
3,032 SF- Added:
- Jan 26, 2026
- Days on Market:
- 65
- Last Refresh:
- Mar 17 at 1:13 pm
Property Features for 517 Rutledge Ave
General Information
- Standard status
- Active
- Size
- 3,032 SF
- Property subtype
- Multifamily
Building Details
- Year Built
- 1963
Listing agent Ryan Lipomi License #SC 118061
Listing office Marcus & Millichap - Charleston
Listing date Jan 26, 2026
Source Crexi
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 Marcus & Millichap - Charleston
Overview
Downtown Charleston Multifamily Investment
Located in Downtown Charleston, South Carolina, the Rutledge Avenue property is a four-unit multifamily building constructed in 1963. This property presents a chance to acquire a small multifamily asset within a supply-constrained rental market in the Southeast. The location benefits from tenant demand due to its historic charm, walkability, proximity to employment centers, and access to dining, retail, and cultural amenities. A diverse employment base supports the area, including MUSC, Roper St. Francis Healthcare, the College of Charleston, the medical district, government offices, and the hospitality and tourism sectors. Downtown Charleston experiences constrained housing supply due to zoning regulations, preservation requirements, and limited land for new development, which has historically driven rent growth and high occupancy levels. The property is positioned to capitalize on these market dynamics, offering investors in-place income with long-term appreciation potential within one of South Carolina’s urban cores. The 3,032 square foot property is suited for investors seeking a multifamily asset in a location that attracts renters and maintains pricing power through economic cycles.
Location Intelligence
Current Use by Public Records
Quadplexes
Location Insight
- Map
- Local Demand
- City
- Charleston
- County
- Berkeley
- State
- South Carolina
- Longitude
- -79.9491249
- Latitude
- 32.7936711
Nearby Similar for Sale
FAQs
What type of property is this?
Quadplex - Four-unit multifamily property in desirable Downtown Charleston location.
Where is this quadplex located?
The property is located at 517 Rutledge Ave Charleston, SC.
What is the asking price?
The asking price for this property is $1,100,000.
What are key features of this property?
This property features: Rare opportunity to acquire a multifamily asset in the highly desirable Downtown Charleston rental market.; Strong tenant demand driven by historic charm and walkability.; Stable in‑place income with long‑term appreciation potential.
