321 Ashley Avenue, Charleston, SC 29403

$5,850,000
Property Type: MultiFamily Square Footage: 12,825 Lot Size (sq. ft.): 10,890 Status: Active Contingent
Current Price: $5,850,000 List Date: 1/09/2026 Last Modified: 8/17/2026

Overview

Description

Premier Downtown Charleston Multifamily Investment Opportunity - Fully Leased This is a rare opportunity to acquire a trophy-level, high-end multifamily portfolio in the heart of Downtown Charleston. This property spans an entire city block and consists of four buildings with seven total units and 28 bedrooms, encompassing nearly 13,000 square feet of well-appointed rental space. The property has a strong history of serving both student and professional tenants, with proven performance, durability, and long-term appreciation. At the core of the offering are two modern buildings constructed in 2017 totaling four units, each designed with four bedrooms, four-and-a-half baths, and approximately 1,750 square feet per unit, thoughtfully configured across three expansive stories.

Supplements: Built for long-term durability and premium rental demand, the residences offer well-appointed interiors with high-quality, low-maintenance finishes. The main living areas feature durable ceramic tile plank flooring paired with stainless-steel appliances and solid surface countertops. Bathrooms are finished with tiled floors, tiled surrounds, and w ...

Listing Details MLS# 26000754

Location, Tax & Legal

Tax Map #
4600702049
Street #
321
Street Name
Ashley
Street Suffix
Avenue
County
Charleston
State
SC
Zip Code
29403
Area
52 - Peninsula Charleston Outside of Crosstown
Tax District
71 - City of Charleston
Subdivision
City of Charleston
Elementary School
Mitchell
Middle School
Simmons Pinckney
High School
Burke
Directions
Ashley Ave between Sumter & Fishburne

Contract Info

MLS List Date
2026-01-09
Primary Structure List Price/SqFt
456.14

General Property Info

Number of Units
7
# Stories
3
Ground Level
Yes
Total Apx SqFt
12825
Year Built
2017
Acreage
0.25
Occupancy
Leased
Lease Purchase
No
Potential Short Sale
No
Other Structures Y/N
No

Income Expenses Fees

Annual Expenses
152194
Net Income
348026

Unit 1

SqFt
1750

Unit 2

SqFt
2050

More Information

Unit 3

SqFt
1750

Unit 4

SqFt
1750

Property Features

SqFt Source: Builder/Owner Roof: Architectural; Metal Exterior: Wood Siding; See Remarks Attic Features: Access; Unfinished Foundation: Combination; Crawl Space; Piling; Raised Slab Driveway: Gravel Architectural Style: Duplex; High Rise; More than 4; Single Family Detached; Triplex Zoning: Conforming Cooling: Central Air; Electric; Heat Pump Heat: Central; Ductless; Electric; Heat Pump; See Remarks Amenities: Bus Line; Other Sale Includes: Building and Land; No Furniture; Other (Use Remarks) Tenant Pays: All Utilities; Electric; Water & Sewer Proposed Financing: Any Possession: At Closing; Negotiable; Tenants Rights Utility Suppliers: Charleston Water Service; Dominion Energy

Documents

IDX
Listing Office: Lighthouse Real Estate, LLC
Last Updated: August - 17 - 2026
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