165 Rutledge Avenue, Charleston, SC 29403

$2,200,000
Property Type: MultiFamily Square Footage: 4,885 Lot Size (sq. ft.): 6,098 Status: Active Contingent
Current Price: $2,200,000 List Date: 3/24/2026 Last Modified: 4/21/2026

Overview

Description

Situated in a prime location adjacent to the Medical University of South Carolina near the corner of Rutledge Avenue and Doughty Street, 165 Rutledge Avenue is a five-unit historic property with very little vacancy. There are five separate metered units, three of which are in the main house and two units are in the rear brick house. The main house has 4,885 square feet and the detached brick house has 1,234 square feet for an approximate total of 6,119 square feet. There are nine bedrooms and eight full baths. The 1800's historic details include a slate roof, ceiling medallions, plaster work, brick fireplaces, old heart pine floors, and large wraparound piazzas. With an income potential supported by location and unit configuration, the property has historically shown strong demand from the

Supplements: surrounding medical and academic community. As an added bonus, there is maneuverable parking on site for eight vehicles. This property offers potential to combine the top three floors (unit A and B) into a primary residence with a ground floor apartment and two smaller detached one-bedroom units in the rear. Zoning is DR 1. Walk to MUSC, College of ...

Listing Details MLS# 26008187

Location, Tax & Legal

Tax Map #
4601502102
Street #
165
Street Name
Rutledge
Street Suffix
Avenue
County
Charleston
State
SC
Zip Code
29403
Area
51 - Peninsula Charleston Inside of Crosstown
Tax District
71 - City of Charleston
Subdivision
Radcliffeborough
Elementary School
Memminger
Middle School
Simmons Pinckney
High School
Burke
Directions
Crosstown South on Rutledge Avenue ; one way street coming down. On the right side of the street just past Radcliffe Street. Near the corner of Doughty Street and Rutledge Avenue.
Legal Description
165 Rutledge

Contract Info

MLS List Date
2026-03-24
Primary Structure List Price/SqFt
450.36

General Property Info

Number of Units
5
# Stories
3
Ground Level
Yes
Primary Structure Apx SqFt
4885
Year Built
1852
Acreage
0.14
Potential Short Sale
No
Other Structures Y/N
Yes

Income Expenses Fees

Annual Expenses
49733

Unit 1

SqFt
1186

Unit 2

SqFt
1993

More Information

Unit 3

SqFt
1706

Other Structure

Other Structure Type
Other
Other Structure Beds
2
Other Structure Full Baths
2
Other Structure Apx SqFt
1256
Other Structure Notes
2 units - Carriage House

Income, Expenses & Fees

Gross Income
145200
Auction
No

SqFt Source

Appraisal
Yes

Roof

Slate
Yes

Exterior

Block/Masonry
Yes
Brick - Veneer
Yes
Wood Siding
Yes

Attic Features

Access
Yes
Floored
Yes

Foundation

Crawl Space
Yes
Slab
Yes

Zoning

Non-Conforming
Yes

Garage/Parking

Other (Use Remarks)
Yes

Driveway

Gravel
Yes

Architectural Style

More than 4
Yes
Other
Yes

New Owned/Pre-owned

Pre-Owned
Yes

Equipment/Appliances

Built-In Electric Oven
Yes
Ceiling Fan
Yes
Dryer
Yes
Refrigerator
Yes
Stacked Washer/Dryer
Yes
Washer
Yes

Cooling

Window Unit(s)
Yes

Heat

Natural Gas
Yes
Space Heater
Yes

Sale Includes

Building and Land
Yes

Proposed Financing

Any
Yes
Cash
Yes
Conventional Loan
Yes

Tenant Pays

All Utilities
Yes

Possession

At Closing
Yes

Water/Sewer

Public Sewer
Yes
Public Water
Yes

Utility Suppliers

Charleston Water Service
Yes

Property Features

SqFt Source: Appraisal Roof: Slate Exterior: Block/Masonry; Brick - Veneer; Wood Siding Attic Features: Access; Floored Foundation: Crawl Space; Slab Driveway: Gravel Architectural Style: More than 4; Other Zoning: Non-Conforming Cooling: Window Unit(s) Heat: Natural Gas; Space Heater Sale Includes: Building and Land Tenant Pays: All Utilities Proposed Financing: Any; Cash; Conventional Loan Possession: At Closing Utility Suppliers: Charleston Water Service
Listing Office: William Means Real Estate, LLC
IDX
Last Updated: April - 21 - 2026
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