Investor multifamily property listings for sale in South Carolina. View SC apartment communities & complexes for sale by price, town, city, major market, cap rate, list date, region, days on market, and more. Search for all investment property portfolio commercial multifamily housing for sale in SC here. View multi-family properties for sale in Charleston, Columbia, Greenville, Myrtle Beach, and all the surrounding communities & neighborhoods. This page includes entire apartment neighborhoods for sale in South Carolina, as well as duplex, triplex, quadplex units, and mobile home parks

MLS Listings Data

Total Listings:193
Average Price:$865,580
Highest Listing Price:$6,450,000
Average Days On Market:87
Average Price/SqFt:$375

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Number of MLS Listings 1 - 12 of 193

Great location next to the College of Charleston campus. All four...

Great location next to the College of Charleston campus. All four properties (31 Coming, 29 Coming, 1 Montagu and 1-1/2 Montagu) are contiguous and must be purchased as a package (will not be sold individually). Parking for approximately 20 cars. All properties are currently leased.

$ 6,450,000
View details Beds - 28 Baths - Sqft - 4300
Welcome to Seaclusions on the Oceanfront! This is a beautifully...

Welcome to Seaclusions on the Oceanfront! This is a beautifully maintained oceanfront duplex with 8 bedrooms, 7 baths, and two half baths on each side. 5 master suites in each unit and a game room in each unit. Each unit is three levels with the living room, kitchen, laundry, and a large master suite on the first level, 5 bedrooms on the second level, 3 of which have private baths, and two of which open onto the oceanfront balcony. The third level features two master suites with oceanfront balconies, and a large game room. Roof and all six HVAC replaced in 2020 Seaclusions A&B share a nice oceanfront pool, hot tub, and children's pool. The kitchen has granite and stainless. Carpet in the bedrooms, tile everywhere else. A private dune walkover provides access to the beautiful beaches of Windy Hill. This property is a great for the investor who will continue to rent both sides, or the new owner who wishes to keep one side for private use and rent the other to cover expenses. Close to Barefoot Landing, golf courses, restaurants, and all the North Myrtle Beach has to offer.

$ 4,990,000
View details Beds - 0 Baths - Sqft - 9700
INVESTORS****This a centrally located UNIQUE BLOCK TO BLOCK LIST OF...

INVESTORS****This a centrally located UNIQUE BLOCK TO BLOCK LIST OF PROPERTIES DOWNTOWN CHARLESTON** mins from I-26, 526 and King Street, Aquarium with a view of the Cigar Factory and Ravenel Bridge this is a wonderful completely renovated tri-plex in a convenient downtown location. It consists of 3 separate apartments, with a total of 6 bedrooms with new hardwoods floors throughout each unit. Two BURNED Homes 2 vacant lots, 1 two bedroom cottage, I Will provide rental income upon request.THIS PROPERTY IS BEING SOLD AS A PACKAGE**The listing consists of 7 properties throughout the Tri-County area.... Listing agent to be present for all showings. Tenants are in place. Please provide a 24 hours notice for all showings. Buyer to confirm and do their own due diligence.

$ 4,000,000
View details Beds - 6 Baths - Sqft - 480
Renovated, turnkey investment property located on Folly Beach South...

Renovated, turnkey investment property located on Folly Beach South Carolina. Possessing 4 short term rental licenses, this quadruplex is one of a kind for the island as such properties rarely exchange. Recent improvements on the 2 buildings include: new roofs, duct work, HVAC units, interior and exterior paint, flooring, decking, stainless steel appliances, butcherblock countertops and renovated bathrooms. New furniture throughout to convey with purchase. The quarter- acre property has two structures, each with two, 900+ SF units. Each unit holds 2- beds and 1- bath. Each of the four units has two off- street parking places. No mandatory flood insurance required.

$ 3,900,000
View details Beds - 8 Baths - Sqft - 970
Almost 13,000 SF of desirable, high end rentals, this incredible...

Almost 13,000 SF of desirable, high end rentals, this incredible investment includes 4 buildings, 7 units, 28 bedrooms sprawling over an entire city block. Two modern new builds, w/ 4 units, all 4 br's & 4.5 baths, 1750 sf each. These units are graciously configured to spread out over 3 private floors, w/ highly desirable private roof top decks, luxury kitchens, shiplap ceilings, coastal chic design & views galore. Flanking either end of these new construction buildings, are 2 historic Charleston homes, one fronting Ashley Avenue (2 units) & another fronting Orrs Court (1 unit). Both historic buildings were just renovated in January 2018. All structures raised out of Flood Zone and built to the highest standards. Entire property is fully leased through July 31, 2021

$ 3,750,000
View details Beds - 16 Baths - Sqft - 2050
Beautiful Greek Revival, the William A Hussey house, located in the heart...

Beautiful Greek Revival, the William A Hussey house, located in the heart of Wraggborough circa 1849, has been meticulously restored per National Register of Historic Places guidelines and a portion of the Federal Historic Tax Credits are transferrable. This stunning property currently consists of 5 separately metered units, which would be well-suited for potential conversion back into a grand, single-family residence with 1st floor apartment. Featuring soaring, 12 foot ceilings with intricate crown molding, several working fireplaces with pristine mantles, original hardwood floors throughout, marble counters in kitchens/baths, stainless steel appliances, gas ranges, back porches, and a professionally designed/landscaped courtyard. No detail was overlooked during the total restoration.

$ 3,499,000
View details Beds - 5 Baths - Sqft - 0
19 unit apartment complex consisting of 16, 1 bedroom units and 3, 2...

19 unit apartment complex consisting of 16, 1 bedroom units and 3, 2 bedroom units located at 2305 and 2306 as well as a vacant lot located at 2300 Russelldale

$ 3,490,000
View details Beds - 0 Baths - Sqft - 0
Own a piece of history in the heart of the historic district! Situated on...

Own a piece of history in the heart of the historic district! Situated on one of the oldest and most photographed streets of Charleston, 24 Chalmers is southern charm at its finest. The expansive home, at just over 6,100 square feet, is located on one of the highest points in the City and is currently zoned for up to three units with an array of possible configurations. The double front porches are perfect for relaxing and entertaining guests. The massive windows and high ceilings throughout offer incredible views of the cityscape and allow plenty of natural light into the airy space. Multiple fireplaces, staircases, window and door casings and brickwork all point to the past. The building has served as a church and carpenter's warehouse before its long tenure as a residential *more*

$ 3,300,000
View details Beds - 11 Baths - Sqft - 0
Completely renovated and fully furnished motel located on the second row...

Completely renovated and fully furnished motel located on the second row from the beach, across from the Myrtle Beach Sky Wheel, The Funplex, Ripley's Adventure, Ripley's Museum and Ripley's 5D moving Theater. Just a short walk from chef restaurants, Myrtle Beach boardwalk and additional attractions. 32 units, office, pool, sign and an additional commercial space with a separate entrance that can generate additional income. located on a corner lot with ample parking.

$ 3,200,000
View details Beds - 0 Baths - Sqft - 20764
Fifteen units on 3 commercial lots for sale at the heart of North Myrtle...

Fifteen units on 3 commercial lots for sale at the heart of North Myrtle Beach, just one block from Ocean blvd. and behind the shops restaurants and attractions of Main St. Walk to the ocean, and walk to all of the fun activities. The property at 213-215 S. Ocean blvd. offers nine units: three 1 BR/ 1 bath, two 2 BR / 1 bath and four 2 BR / 2 bath units. The property at 211 S. Ocean Blvd offers six 2 BR / 2 bath units.

$ 2,810,000
View details Beds - 15 Baths - Sqft - 14342
Incredible investment opportunity! The circa 1803 John Rudolph Switzer...

Incredible investment opportunity! The circa 1803 John Rudolph Switzer House situated by College Of Charleston campus at 6 Montagu Street is comprised of six units with 8 bedrooms total, and has an annual gross rental income of $93,900 with the potential to build an additional 2-unit structure in the rear. In 2016 the property was entirely updated with all new electrical, plumbing, HVAC, appliances, security and tankless water heaters. This grand plantation-style dwelling was built in Harleston Village by John Switzer, a saddler. The property is conveniently located just a couple of blocks from King Street, MUSC, Roper Hospital and the College of Charleston. Set back from the street, it is truly spectacular with an expansive front yard and two-story piazzas supported on an arcaded

$ 2,800,000
View details Beds - 6 Baths - Sqft - 0
This property is a combination of Residential Use, Mixed...

This property is a combination of Residential Use, Mixed Use//Multi-Family/partial STR/Triplex/General Business zoned Building. For Sale located in highly recognized King Street corridor. This outstanding Modern Architecture building is located in the heart of downtown Charleston. The property features three levels of amazing King Street frontage with its own private entry for first floor Restaurant and second floor entry is licensed for STR/Short term rental or Office Space currently rented. Third floor is a Penthouse apartment currently rented. Units A,B&C generate significant ROI revenues for a future owner. Unit B&C upstairs of the main entry have their own address & mail box on King Street at ground level and a private security gated system with interior stairwell.

$ 2,795,000
View details Beds - 2 Baths - Sqft - 1650

Buying Multifamily


Important Info for investing in apartment buildings

More income quicker

Multifamily properties have many rental units that produce more cash flow at a faster rate than a single rental unit. Rather than having to buy several single-family rentals over time, you can make more cash flow with the purchase of just one building.


With a multi-unit investment like an apartment building, there are multiple rental units that can be used to offset a loss in rents from vacancy. If 20% of the units are vacant, 80% are still producing income which allows you to cover costs like debt service, property taxes, or other related property expenses.

Economy of scale

The economy of scale is spreading fixed costs over an increased number of units. Property expenses and holding costs relating to an apartment building are typically far less than a portfolio of single-family rental properties because there are multiple units under one roof.

Property taxes, insurance, and management fees are generally fixed and the cost to replace the HVAC of a single-family home or a small apartment building that has six units under one roof is relatively the same. As the number of rental units increases, income is increased while reducing your cost, making it more cost-effective than multiple single-family rentals.

Valuation Differences

To value a one-to-four unit residential building, we will use the Comparable Sales Approach which means property’s value will fluctuate by comparing to the sales price your neighbors received from selling their property. However, five-plus-unit residential buildings are being valued by using Income Approach which means the property’s value relies on the net operating income (NOI) and Cap Rates the building is bringing in. 


Negatives of investing in apartment buildings:



The largest barrier to entry into investing in apartment buildings is affordability. Multifamily properties can be expensive and require much more initial capital to get started. Investors should expect to have around 20% of the purchase price. There are opportunities to raise capital using multiple resources. Hence why new real estate investors will begin with single-family properties first.


Managing an apartment building can fall under both pro and con, similar to managing a single-family rental. On one side, you’re managing all of the tenants in one location, typically under one roof. You don’t have to drive all over town. However, there are more tenants and units to maintain and manage, meaning more responsibility, organization, and in general more potential problems. Finding a good and robust management software can help considerably for a well-organized system.