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5-Unit Apartment Building
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87 Spring Street, Charleston, SC 29403

Five units are included and were rented for the 2018–2019 school year.

Property Size6,096 SF
Days on Market124

Property Features for 87 Spring Street

General Information

Standard status Active
Size 6,096 SF
Property subtype Multifamily
Occupancy 100%

Additional Details

Multifamily Units 5
Listing Agency: Woodlock Capital
Listed By: Andrew Batkins · License #SC 94251
Source: Crexi
Added: Apr 10 Changed: Aug 8 Last Checked: Jul 20 at 7:09PM

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 Woodlock Capital

Investment Insights

Based on property information with market context.

87 Spring Street is one of two side-by-side multifamily properties at 87 and 89 Spring Street. The building comprises approximately 6,096 square feet and contains 5 rental units.

The 5 units were all rented for the 2018–2019 school year. The property is located at 87 Spring Street in Charleston, South Carolina 29403.

Key Highlights

  • Two multi‑family properties at 87 and 89 Spring Street are situated side‑by‑side.
  • 87 Spring Street totals 6,096 SF and includes 5 units.
  • All 5 units were rented for the 2018–2019 school year.

Property Analytics

Current Use

Short term rental ...

Suggested Use

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

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

5
Residential units
100%
Occupancy

Location Intelligence

Trade Area within ½ mile

4,665
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?
Apartment building - Five units are included and were rented for the 2018–2019 school year.
Where is this apartment building located?
The property is located at 87 Spring Street Charleston, SC.
What are key features of this property?
This property features: Two multi‑family properties at 87 and 89 Spring Street are situated side‑by‑side.; 87 Spring Street totals 6,096 SF and includes 5 units.; All 5 units were rented for the 2018–2019 school year.
More about this property
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