105 Magwood Drive, Summerville, SC 29485

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105 Magwood Drive, Summerville, SC 29485

$620,000

Property Type: MultiFamily Square Footage: 4,010 Lot Size (sq. ft.): 21,344 Status: Active

Current Price: $620,000 List Date: 5/01/2026 Last Modified: 5/01/2026

Overview

Description

Welcome to 105 Magwood Drive, a well-positioned potential investment opportunity in one of Summerville's most convenient locations. This well-maintained quadplex features four thoughtfully designed 2-bedroom, 1.5-bathroom units, making it an ideal fit whether you're searching for your next home, a potential income-producing property, or a strategic addition to your portfolio. If you're exploring a house-hack strategy, this property potentially allows you to move into one unit while renting the three remaining fully leased units. Current leases include: Unit A: $1,225/month Unit B: $1,500/month Unit C: $1,225/month Unit D: $1,250/month. Altogether, the quadplex brings in $5,200 per month in gross rental income, offering the potential for immediate cash flow.

Supplements: Owned and meticulously maintained by the same owner for 22 years, it has benefited from $300,000 in capital improvements. The result is a fully stabilized asset with minimal maintenance concerns and immediate cash flow potential. The tenant base is remarkably stable, with average tenancies ranging from 5 to 8 years, and several long-term residents ... (Read more)

Listing Details MLS# 25015599

Location, Tax & Legal

Tax Map #: 1530500031
Street #: 105
Street Name: Magwood
Street Suffix: Drive
County: Dorchester
State: SC
Zip Code: 29485
Area: 62 - Summerville/Ladson/Ravenel to Hwy 165
Tax District: 207 - City of Summerville
Subdivision: Millbrook
Elementary School: Flowertown
Middle School: Gregg
High School: Summerville
Directions: via Ladson Rd to Dorchester County. Turn right onto Circle Dr. Turn right onto SC-165 N/Bacons Bridge Rd. Turn right onto Heber Rd. Turn right onto Jedi Ln. Turn right onto Magwood Dr. Destination will be on the right
Legal Description: Block/Lot/175

Contract Info

MLS List Date: 2025-06-05
Primary Structure List Price/SqFt: 154.61

General Property Info

Number of Units: 4
# Stories: 2
Ground Level: Yes
Primary Structure Apx SqFt: 4010
Year Built: 1984
Acreage: 0.49
Lease Purchase: No
Potential Short Sale: No
Other Structures Y/N: No

More Information

Income, Expenses & Fees

Auction: No

Office/Member Info

Seller Concessions Negotiable Y/N: Yes

SqFt Source

Builder/Owner: Yes

Roof

Asphalt Shingle: Yes

Driveway

Concrete: Yes

Architectural Style

Quadplex: Yes

New Owned/Pre-owned

Pre-Owned: Yes

Equipment/Appliances

Ceiling Fan: Yes
Dishwasher: Yes
Electric Range: Yes
Range Hood: Yes
Refrigerator: Yes
Washer Hookup: Yes

Cooling

Central Air: Yes

Heat

Central: Yes

Proposed Financing

Any: Yes

Water/Sewer

Public Sewer: Yes
Public Water: Yes

Property Features

SqFt Source: Builder/Owner Roof: Asphalt Shingle Driveway: Concrete Architectural Style: Quadplex Cooling: Central Air Heat: Central Proposed Financing: Any

Listing Office: Matt O'Neill Real Estate

Last Updated: May - 01 - 2026

Properties marked with IDX logo are provided courtesy of Charleston Trident Multiple Listing Service, Inc. The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the Charleston Trident Multiple Listing Service. Real estate listings held by brokerage firms other than the website owner are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo and detailed information about them includes the name of the listing brokers. The broker providing this data believes it to be correct, but advises interested parties to confirm them before relying on them in a purchase decision. Information is provided exclusively for consumers' personal, non-commerical use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

105 Magwood Drive, Summerville, SC 29485 (MLS# 25015599)