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: | 140 |
| Average Price: | $1,373,662 |
| Highest Listing Price: | $9,745,000 |
| Average Days On Market: | 158 |
| Average Price/SqFt: | $387 |
SC Multifamily Investor Property For Sale currently has one hundred and fourty (140) for sale on MLS. SC Multifamily Investor Property For Sale listings have an average sales price of $1,373,662 ranging in price from $524,400 to $9,745,000. The average sq ft home size of SC Multifamily Investor Property For Sale Charleston SC is 3,546 square feet. The largest property for sale is 16,200 sqft and smallest 0 sqft. View property listings for sale by price, street, subdivision, age, property type, location, features, size, and listing date, and time on MLS with an of 158 days on the market.
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$ 9,745,000
Nestled in the heart of Charleston's Historic District, this remarkable property offers a rare opportunity to own a piece of the city's rich history with 15 residential units (22 beds/22 baths), & 1 commercial unit. The offering consists of (9) 1/1 units, (5) 2/2 units, (1) 3/3 unit & 1 commercial unit. Comprised of 2 historically significant buildings from circa 1799 & 1890, this versatile property includes related outbuildings & 16 off-street parking spaces. With a prime location close to the Mills House Hotel & Waterfront Park, this property boasts picturesque views & unparalleled convenience. The main house at 46 Queen includes (7) updated 1/1 units spanning 4 floors. Charming details such as wide piazzas and exposed brick walls add warmth and character to the space. 48 Queenencompasses the related outbuildings (former kitchen house, stable house, and carriage house) to include (2) 2 bed/2 bath units and (2) 1 bed/1 bath units. 50 Queen features a retail space as well as four residential units, (3) 2 bed/2 bath units, and (1) 3 bed/3 bath unit. 50 Queen also offers updated units with exposed wooden beams and brick details. All buildings have fire sprinklers and both main buildings have high elevations and full basements with poured concrete floors. This historic gem offers endless possibilities for investors or those looking to create a unique residential or commercial space. The combination of its prime location, architectural beauty, and potential for various uses makes it a standout property in Charleston's vibrant real estate market. Building is in the process of a condo conversion, to be completed by the end of the 2025, offering the opportunity to keep as a cash flowing property or sell off units individually for highest & best return!
$ 9,745,000
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$ 7,700,000
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.
$ 7,700,000
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$ 6,600,000
Opportunity awaits at Battery Marshall, located at 3019 Ion Avenue on Sullivan's Island, an expansive and truly one-of-a-kind property offering a rare chance to create something extraordinary.Spanning 1.8 acres, across three contiguous lots, this remarkable site combines centuries of Lowcountry history with a once-in-a-lifetime opportunity to reimagine the future, to build upon this historic setting with creativity and vision.At the heart of the property stands a piece of living history, the Battery Marshall bunker, a resilient concrete structure built between 1930 and 1944 as part of America's coastal defense system.Once housing massive seventy-ton naval guns capable of firing thirty miles out to sea, Battery Marshall played a vital role in protecting Charleston Harbor during World War II. After the war, these fortifications were sold into private ownership, beginning a new chapter of coastal living. Today, Battery Marshall offers the opportunity to reimagine history itself, transforming this storied structure into a modern coastal residence, a private retreat, or a bold architectural centerpiece that bridges past and present. With three buildable lots, the possibilities are endless, from a single private estate with sweeping ocean views, to multiple luxury homes that honor the site's rich history while embracing the best of modern island living. Here, history, creativity, and coastal lifestyle converge, offering something truly rare. Located just steps from the beach, enjoy morning walks on the sand and evening sunsets right outside your door. Golf cart to all the island hotspots including Sullivan's Fish Camp, The Obstinate Daughter, Beard Cats, Mex 1, Poe's Tavern, Home Team, and Dunleavy's Pub. Hop over to the nearby Edgar Allan Poe Library, uniquely housed in Battery Gadsden. Or explore Fort Moultrie, where centuries of history come to life. Enjoy the island's public parks, complete with tennis courts, basketball courts, and playgrounds. Zoned for Sullivan's Island Elementary, Moultrie Middle, and Wando High School. This is Battery Marshall at 3019 Ion Avenue, a legacy property, and a canvas for the extraordinary on Sullivan's Island. Schedule your showing today.
$ 6,600,000
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$ 6,499,500
OUTSTANDING INVESTMENT!! 7 Months of extensive renovations, for longevity. Previously listed separately, but would still consider selling each unit individually. Inner connected units with four double king beds, 26 bathrooms, and able to accommodate up to 128 people!! This property allows up to 5 spots for parking, per unit…That’s 20 spots in total! Located directly on the shores of North Myrtle Beach, 931 S Ocean Blvd offers an excellent opportunity, fully renovated in 2025, for those seeking both immediate rental income potential and long-term value in one of the most desirable destinations along the Grand Strand. With panoramic Atlantic views, direct beach access, and a premier location just moments from Main Street’s dining, shopping, and entertainment, this property combines luxury appeal with reliable income possibilities. Designed with flexibility in mind, the layout can accommodate high demand short-term vacation rentals, seasonal leasing, or a combination of both, supporting year round occupancy from beachgoers, golfers, and extended stay visitors. Oceanfront properties in this corridor are limited, and homes like this have a strong history of maintaining value while performing well as income producing assets. The lifestyle of this location includes morning walks on the sand, evenings along Main Street, and convenient access to attractions throughout the Grand Strand, which continues to draw steady demand. Whether added to a rental portfolio or held as a long term oceanfront property, this Diamond property stands out for its location, flexibility, and lasting value. Buy one or ALL four of these units!!
$ 6,499,500
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$ 6,125,000
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.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 wainscoted walls. Architectural and design upgrades include vaulted ceilings, shiplap accents, rooftop balconies, soft-close kitchen cabinetry. All units contain en suite bathrooms and in-unit washer and dryers, making the layout ideal for roommate-style living and premium per-bedroom rent strategies.
The newer construction buildings are outfitted with standing-seam metal roofs, tankless water heaters, newer HVAC systems, and thermal-rated windows and doors, delivering energy efficiency and long-term durability.
Flanking either end of the modern structures is two fully renovated historic Charleston residences that add timeless character to the property. One fronts Ashley Avenue and contains two units, while the other fronts Orrs Court and contains one unit. Both historic buildings were comprehensively renovated in 2017 and seamlessly integrated into the overall asset, blending historic charm with modern functionality.
Importantly, all structures are raised out of the flood zone and built to the highest construction standards, offering superior insurance positioning and long-term risk mitigation.
The entire property is fully leased through July 31, 2025, with historical occupancy at 100% and average rental rate increases of approximately 10% per year since 2021, reflecting strong market fundamentals and sustained demand. The property is ideally located within Charleston's historic downtown district and in close proximity to the region's largest public and private sector employers, including the Medical University of South Carolina, Roper St. Francis Healthcare and within one mile of the College of Charleston, the Medical University of South Carolina, The Citadel, and Charleston School of Law, creating a powerful and consistent tenant pipeline.
This turn-key, stabilized investment offers a rare opportunity to acquire a block-wide luxury multifamily portfolio designed for maximum durability, premium rents, and long-term appreciation in one of Charleston's most supply-constrained and high-demand rental corridors.
$ 6,125,000
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$ 4,995,000
176-178 Broad includes 3 buildings that harmoniously blend historic charm with modern luxury. This exceptional property encompasses 9 units, (4) 1 bed/1 bath units, (4) 2 bed/2 bath units, & (1) 2 bed/1 bath unit totaling 14 bedrooms & 13 bathrooms. These units have been meticulously updated to provide modern comforts while preserving the historic elements that make Charleston properties so desirable. Residents will appreciate features such as exposed wood beams, decorative fireplaces, stunning wood floors, piazzas, & spiral staircases. Additionally, 9 off-street parking spaces are available & this property has the potential for a condo conversion. Perfectly situated close to Colonial Lake, this is an extraordinary blend of history, luxury, & prime location, making it an ideal investment.Building is in the process of a condo conversion, to be completed by the end of the 2025, offering the opportunity to keep as a cash flowing property or sell off units individually for highest & best return! Two commercial pools are in the process of approval and will be ready for installation in late 2025.
$ 4,995,000
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$ 4,850,000
The Chapel Lofts offers an exceptional opportunity to own a legal, fully licensed, income-producing short-term rental property located in the heart of downtown Charleston. This unique offering includes three separate units totaling 13 bedrooms, with the rare bonus of 8 off-street parking spaces. Originally constructed in 1994 as a wedding chapel, the striking front building was thoughtfully renovated in 2012 to create a stunning 5-bedroom, 4.5-bath residence. Its open-concept living space boasts soaring vaulted ceilings and a spacious kitchen and lounge area ideal for entertaining. Also built in 2012, the rear carriage house features two 4-bedroom, 4-bath units, each designed with style, comfort, and guest experience in mind. Interiors throughout all three units are beautifully decoratedand updated, offering turnkey functionality for continued short-term rental success. All furnishings and décor convey with the sale for seamless operational continuity. Perfectly positioned on desirable Ashley Avenue, this property is just a short stroll to Charleston's celebrated dining, shopping, and cultural attractions. Whether you're expanding your investment portfolio or seeking a rare STR-compliant asset in Charleston, The Chapel Lofts delivers unmatched charm, income potential, and location.
$ 4,850,000
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$ 4,399,000
21 Broad Street offers a rare opportunity to own a fully renovated, income-generating historic property in the heart of downtown Charleston. Originally built in 1802 and completely updated in 2006 (with additional improvements in 2023), this 4,254 sq ft mixed-use building spans four floors and provides both commercial and residential income streams with unmatched versatility. The first floor features a professional office suite with a shared conference room and four private offices, ideal for business tenants or an owner seeking a prestigious Broad Street address. The second floor is a 2-bedroom residence operating as a successful short-term rental with a rare, grandfathered B&B license -- a highly valuable asset in Charleston's tightly regulated market.The top two floors are home to a spacious 3-bedroom, 2.5-bath apartment with updated kitchen and baths, perfect for long-term rental income or owner occupancy. Currently fully leased with tenants in place, the property grosses $242,000 annually. Additional highlights include two off-street parking spaces, updated systems and finishes throughout, and a prime location within walking distance to the Battery, White Point Gardens, award-winning restaurants, coffee shops, and galleries. Whether maintained as a turn-key investment, converted to a live-work arrangement, or adapted for full owner occupancy, 21 Broad Street blends Charleston's historic charm with modern function and proven rental income.
$ 4,399,000
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$ 3,950,000
Luxery Living Near USC! The Graymont is a group of ten units with three buildings. The first building, 401 Graymont, consist of 6 units with 3 bedrooms and 3 baths. The second building, 407 Graymont, has 3 units with 3 bedrooms and 3 baths. The final unit, 409 Graymont is a stand alone 4 bedroom with 3 baths. Total of 31 Bedrooms and 30 Bathrooms. Pro forma available upon request. Projected rents for 2026-2027 school year $370,800. Disclaimer: CMLS has not reviewed and, therefore, does not endorse vendors who may appear in listings.
$ 3,950,000
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$ 3,375,000
$ 3,375,000
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$ 3,250,000
Welcome to 265 Coming Street, a rare, turnkey investment opportunity in the heart of Downtown Charleston, featuring two newly built, architecturally refined luxury residences with long-term, secured income already in place.Both homes are fully leased from 2024 through May 2027, generating $15,700 per month and $188,400 in annual gross incomewith zero vacancy since construction. Unit A is leased at $7,600 per month and Unit B at $8,100 per month, and each lease includes built-in annual rent increases of $100 per bedroom. This escalated structure results in projected income of $16,500 per month and $198,000 annually for 2026, providing immediate cash flow with predictable growth. All tenants have renewed through the full multi-year lease period, offering exceptional income stability rarely found in Downtown Charleston. Constructed in 2024 by Old City Builders, one of Charleston's most respected high-end historic builders, the property blends enduring craftsmanship with modern efficiency. Designed to complement the surrounding historic fabric, both residences reflect a commitment to longevity, quality construction, and thoughtful architectural detail. Interior designer, Studio Maman Interiors, brings a refined, architectural sensibility to both homes. Her curated material selections, balanced palette, and attention to scale elevate the interiors to a level more commonly associated with primary residences or luxury short-term rentalssetting these homes apart within the student rental market. Situated on an X Flood Zone lot (no flood insurance required), the property consists of two separate single-family detached structures, each rising three stories and offering dedicated off-street parking. Zoned DR-2F, the site benefits from efficient land use, modern systems, and long-term flexibility. Together, the residences total over 3,300 square feet and include eight bedrooms, seven full bathrooms, two half bathrooms, and four off-street parking spaces. Each home offers a thoughtfully designed layout that balances open living areas with private bedroom suites, creating a highly functional and durable living environment well-suited for long-term tenancy. 265 Coming Street represents a rare convergence of secure income, modern construction, architectural integrity, and design-forward execution. With long-term leases already in place through 2027, annual rent escalations, and a proven history of zero vacancy, this property offers a compelling opportunity for investors seeking a stabilized, low-maintenance asset in one of Charleston's most desirable urban corridors.
$ 3,250,000
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$ 3,250,000
SEE ATTACHED BROCHURE. To qualify for B&B/STR, must be primary residence. 194-196 Rutledge Ave, ''The Rutledge Ave Inn'', is a 5 unit existing & operating Bed and Breakfast located in the Short-Term Rental Overlay. The main house (196 Rutledge), built in 1910, was renovated down to the studs in 2008 and includes four spacious rental units; two 2BR/2.5BA units A&B, and two 1BR/1BA units C&D. The units are in great condition with modern luxury finishes coupled with historic charm. The Cottage (194 Rutledge) which was built in 2008, is a two level 2BR/2.5BA detached house with it's own private fenced in yard and back porch. The Cottage is setback off the street providing a peaceful and unique oasis. The property exudes modern amenities with historical charm. (continued)
$ 3,250,000
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DetailsBuying 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.
Vacancy
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:
Affordability
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.
Management
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.
