517 Rutledge Ave Charleston, SC 29403
Four-unit multifamily property in desirable Downtown Charleston location.
Type:Multifamily
- Added:
- Apr 3, 2026
- Days on Market:
- 22
- Last Refresh:
- Apr 3 at 4:58 am
Property Features for 517 Rutledge Ave
General Information
- Standard status
- Active
- Property subtype
- Multifamily
Listing agent William D. Graves Jr. License #SC: 95930 (843) 952-2267
Listing office Charleston Office (843) 952-2267
Listing date Apr 3, 2026
Source Marcusmillichap
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All listing content including descriptions, pricing, images are the copyrighted material of Charleston Office
Overview
Downtown Charleston Multifamily Investment Opportunity
Located in Downtown Charleston, South Carolina, the property at Rutledge Avenue is a four-unit multifamily building constructed in 1963. This property presents a chance to acquire a small-scale multifamily asset within a supply-constrained rental market in the Southeast. Downtown Charleston benefits from tenant demand due to its historic charm, walkability, proximity to employment centers, and access to dining, retail, and cultural amenities. The area is supported by a diverse employment base including MUSC, Roper St. Francis Healthcare, the College of Charleston, the medical district, government offices, and the hospitality and tourism sectors. With zoning regulations, preservation requirements, and limited land for new development, Downtown Charleston experiences constrained housing supply, which has historically driven rent growth and high occupancy levels. The property is well positioned to capitalize on these market dynamics, offering investors stable in-place income with long-term appreciation potential in one of South Carolina’s established urban cores. The property is ideal for investors seeking a boutique multifamily asset in a premier location that attracts high-quality 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 supply‑constrained and highly desirable Downtown Charleston rental market.; Strong tenant demand due to historic charm, walkability, proximity to employment centers, and access to amenities.; Stable in‑place income with long‑term appreciation potential.
