515 Rutledge Avenue, Charleston, SC 29403
- $1,675,000
- 8
- BD
- 3,024
- SqFt
- Sold Price
- $1,675,000
- List Price
- $1,799,000
- Status
- CLOSED
- Days on Market
- 194
- Closing Date
- Jun 04, 2026
- MLS#
- 25031124
- Subtype
- Residential Income
- Year Built
- 1930
- Bedrooms
- 8
- Living Area
- 3,024
- Lot Size
- 5,662
- Acres
- 0.13
- Subdivision
- Westside
- Neighborhood
- Westside
- MLS Area Major
- 52 - Peninsula Charleston Outside of Crosstown
Property Description
Trophy Multifamily Investment: 6.05% Cap Rate in Downtown CharlestonSecure a high-performing, turnkey asset in the city's most coveted rental corridor. This meticulously maintained property features eight private suites across two units, each functioning as a self-contained ''micro-apartment'' with its own kitchenette, bathroom, and private entrance--perfect for the high-demand professional and student markets. Upgraded with modern mini-splits, timeless hardwood floors, and a residential fire sprinkler system, this property offers peace of mind and low overhead. With rare on-site parking for eight vehicles and a prime location steps from MUSC and the College of Charleston, this is a rare ''set-and-forget'' addition to any portfolio.
Additional Information
- Air Conditioning
- Other
- Exterior Construction
- Wood Siding
- Stories
- 2
- Roof
- Asphalt
- Elementary School
- James Simons
- Middle School
- Simmons Pinckney
- High School
- Burke
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Listing courtesy of Listing Agent: Seantell Dorsey from Listing Office: Agent Group Realty Charleston.
Selling Office: Agent Group Realty Charleston.