North Charleston Quadruplex Investment Opportunity

7424 Rock Street, North Charleston, SC 29420

View on Map

For Sale

$639,700

MULTI_FAMILY - North Charleston, SC

Property size:

3,060 SF

Lot size:

0.35 Acres

Price / SF:

$209/SF

HighLights

4‑unit quadruplex with a total of 3,600 sq. ft.; each unit offers about 900 sq. ft.
Each unit features a 2‑bedroom, 1‑bath layout.
Dedicated washer and dryer connections in every unit.
Tenant‑paid utilities model with public water and public sewer service.
Central heating and central air conditioning throughout.
Brick veneer construction with an asphalt shingle roof; built in 1968.

We can help!

Listing Contact

Mike Hillman

For Sale

$639,700

MULTI_FAMILY - North Charleston, SC

Property size:

3,060 SF

Lot size:

0.35 Acres

Price / SF:

$209/SF

Added:: Mar 2, 2026
Days on Market:: 113
Last Refresh:: Jun 23 at 1:06 pm

Property Features for 7424 Rock Street

General Information

Property type: Residential Multi Family
Property subtype: Other
Bedrooms: 8
Rooms: Bedroom 5, Bedroom 3, Bedroom 4, Bedroom 2, Bedroom 1, Bedroom 7, Bedroom 8, Bedroom 6
Standard status: Active
Size: 3,060 SF
Lot size: 0.35 Acres

Utilities

Sewer type: Public Sewer
Heating system: Central
Cooling system: Central Air
Water source: Public

Building Details

Year built: 1968
Floors in Building: 1
Number of units: 4
Building materials: Brick Veneer
Roof type: Asphalt

We can help!

Listing Contact

Mike Hillman

Listing agent Mike Hillman

Listing office AgentOwned Realty Preferred Group Mount Pleasant, SC

Listing date Mar 2, 2026

MLS# 26005802 Listing URL

HighLights

4‑unit quadruplex with a total of 3,600 sq. ft.; each unit offers about 900 sq. ft.
Each unit features a 2‑bedroom, 1‑bath layout.
Dedicated washer and dryer connections in every unit.
Tenant‑paid utilities model with public water and public sewer service.
Central heating and central air conditioning throughout.
Brick veneer construction with an asphalt shingle roof; built in 1968.

Overview

Located at 7424 Rock St in North Charleston, SC, this well-maintained 4-unit residential building offers a combination of immediate cash flow and long-term appreciation. The 3,600 sq. ft. quadruplex is positioned in a rapidly revitalizing area. Each of the four units provides 900 sq. ft. of living space. Units feature 2-bedroom, 1-bathroom floor plans with updates, including sleek kitchen cabinetry, breakfast bars, and ceiling fans. Every unit includes dedicated washer and dryer connections. Tenants are responsible for all utility costs. Situated off Ashley Phosphate Rd, the property is located minutes away from the North Rivers Towne Center (Target, Ross) and the shopping and dining options at Tanger Outlets and Northwoods Mall. Access to I-26 places the property within 15 minutes of the Charleston International Airport, Boeing, and Joint Base Charleston. The beaches of the Lowcountry are 30 minutes away. The property is located in a neighborhood experiencing significant revitalization. The building contains a total of 3,060 square feet and sits on a 0.35-acre lot.

Local Financial Insights For Multifamily LT 5

Simulate Cap Rate and NOI

NOI Build-Up

Component	$	$/SF
Gross rent	$61.7k	$20.16
− Vacancy	−$4.0k	−$1.30
EGI	$57.7k	$18.86
− OpEx	−$17.3k	−$5.66
NOI	$40.4k	$13.20

3,060 SF · lease $20.16/SF/yr · vacancy 6.46% · expense 30.00%

Alternative Uses

Best Use

Multifamily LT 5

$577.0K

$504.9K – $673.2K (±1% cap)

NOI $40,393 @ 7.0% cap · market cap 6.31%

Second Best

Apartment 5plus

$537.8K

$470.6K – $627.4K (±1% cap)

NOI $37,645 @ 7.0% cap · market cap 5.88%

Theoretical Best

Office A

$830.9K

$727.1K – $969.4K (±1% cap)

NOI $58,164 @ 7.0% cap · market cap 9.09%

Zoning and permitted uses should be independently verified with local authorities.

Property Profile Location Intelligence

Current Use by Public Records

Quadplexes

Suggested Use

Location Insight

Map
Local Demand

City: North Charleston
County: Dorchester
State: South Carolina
Longitude: -80.055016
Latitude: 32.934148

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For sale
Quadplexes
SC
North Charleston
29420
7424 Rock Street

What type of property is this?

Quadplex - Four-unit residential building in a revitalizing North Charleston location.

Where is this quadplex located?

The property is located at 7424 Rock Street North Charleston, SC.

What is the asking price?

The asking price for this property is $639,700.

What are key features of this property?

This property features: 4‑unit quadruplex with a total of 3,600 sq. ft.; each unit offers about 900 sq. ft.; Each unit features a 2‑bedroom, 1‑bath layout.; Dedicated washer and dryer connections in every unit.

7424 Rock Street, North Charleston, SC 29420

MULTI_FAMILY - North Charleston, SC

Property Features for 7424 Rock Street

General Information

Utilities

Building Details

We can help!

HighLights

Overview

Local Financial Insights For Multifamily LT 5

Simulate Cap Rate and NOI

Alternative Uses

Current Use by Public Records

Suggested Use

Location Insight

Nearby Similar for Sale

Leased Triplex With Separate Utilities

North Charleston Quadplex Investment Opportunity

North Charleston Four-Unit Multifamily Property

North Charleston Multifamily Investment Opportunity

Two-Unit Duplex with Screened Porch

Well-Maintained Duplex with Ample Parking

Remodeled Quadraplex Near Park Circle

Former Daycare Near Navy Yard

North Charleston Freestanding Building

Class A Freestanding Office Building

Office/Warehouse Near Charleston Airport

R-2 Corner Lot Multifamily Development

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