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515 Rutledge Avenue, Charleston, SC 29403
$1,799,000
Property Type:
MultiFamily
Square Footage:
3,024
Lot Size (sq. ft.):
5,663
Status:
Active
Current Price:
$1,799,000
List Date:
11/22/2025
Last Modified:
12/21/2025
Description
An amazing investment opportunity in the heart of downtown Charleston! This property consists of 2 dwelling units with 4 bedrooms in each unit. Each bedroom has its own private entrance and its own bathroom and sitting area; hardwood flooring; mini splits for heating/cooling; and residential fire sprinkler system. A large backyard allows for on-site parking for 8 vehicles. *6.05% Cap rate* This property is within walking distance to the Septima P. Clark Parkway, MUSC, CofC, The Citadel, Hampton Park, downtown's best attractions/restaurants, and much more!
More Information MLS# 25031124
Contract Info
Primary Structure List Price/SqFt: 594.91
MLS List Date: 2025-11-22
Status: Active
List Price: $1,799,000
Current Price: $1,799,000
Location, Tax & Legal
Legal Description: LT B
Tax Map #: 4600702217
Street #: 515
Street Name: Rutledge
Street Suffix: Avenue
County: Charleston
State: SC
Zip Code: 29403
Area: 52 - Peninsula Charleston Outside of Crosstown
Tax District: 71 - City of Charleston
Subdivision: Westside
Elementary School: James Simons
Middle School: Simmons Pinckney
High School: Burke
Directions: From I-26 East, take exit 221A toward US-17S. Continue onto Septima P. Clark Parkway/US17. Take a slight right onto Sheppard Street and 515 Rutledge is located just across from the traffic light.
General Property Info
# Stories: 2
Occupancy: Leased
Potential Short Sale: No
Other Structures Y/N: No
Number of Units: 2
Primary Structure Apx SqFt: 3024
Year Built: 1930
Acreage: 0.13
Income, Expenses & Fees
Gross Income: 168069
SqFt Source
Tax Records: 1
Unit 1
Bedrooms: 4
Baths: 4
Unit 2
Bedrooms: 4
Baths: 4
Roof
Asphalt Shingle: 1
Exterior
Wood Siding: 1
Garage/Parking
Assigned Parking: 1
Driveway
Gravel: 1
Architectural Style
Duplex: 1
New Owned/Pre-owned
Pre-Owned: 1
Equipment/Appliances
Dryer: 1
Fire Sprinkler: 1
Washer: 1
Cooling
Other: 1
Amenities
Laundry: 1
Trash: 1
Sale Includes
All Furniture: 1
Proposed Financing
Cash: 1
Conventional Loan: 1
Possession
At Closing: 1
Water/Sewer
Public Sewer: 1
Public Water: 1
Utility Suppliers
Charleston Water Service: 1
Dominion Energy: 1
Property Features
SqFt Source: Tax Records
Roof: Asphalt Shingle
Exterior: Wood Siding
Driveway: Gravel
Architectural Style: Duplex
Cooling: Other
Amenities: Laundry; Trash
Sale Includes: All Furniture
Proposed Financing: Cash; Conventional Loan
Possession: At Closing
Utility Suppliers: Charleston Water Service; Dominion Energy
Documents
Property Disclosure ›
Listing Office:
Agent Group Realty Charleston
Last Updated: December - 21 - 2025
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