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: | 271 |
| Average Price: | $954,496 |
| Highest Listing Price: | $9,745,000 |
| Average Days On Market: | 122 |
| Average Price/SqFt: | $346 |
SC Multifamily Investor Property For Sale currently has two hundred and seventy-one (271) for sale on MLS. SC Multifamily Investor Property For Sale listings have an average sales price of $954,496 ranging in price from $95,000 to $9,745,000. The average sq ft home size of SC Multifamily Investor Property For Sale Charleston SC is 2,761 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 122 days on the market.
What's YOUR Home Worth?
$ 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.
$ 9,745,000
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$ 8,900,000
Welcome to Diamond Retreats, an extraordinary luxury quadplex located in the heart of the sought-after Ocean Drive section of North Myrtle Beach. Whether you're seeking a luxury vacation compound or a high-yield investment opportunity, this property delivers. With projected rental income of 260,000 PER UNIT based on just 26 peak rental weeks per year, the potential is as massive as the property itself. This one-of-a-kind beachfront property combines four beautifully designed residences—Diamond Canary, Ocean Blue, Emerald, and Red—to create a unified yet flexible space that sleeps up to 128 guests. Whether you rent a single unit or the entire quadplex, your guests will enjoy an unforgettable stay filled with comfort, entertainment, and oceanfront elegance. Diamond Canary (Ocean Front) leads the collection with 6 spacious bedrooms and 6.5 baths, accommodating up to 32 guests. Each unit is thoughtfully themed, giving it a unique personality, yet they are seamlessly connected to allow for easy flow between spaces. This setup is perfect for large gatherings, weddings, bachelor/bachelorette parties, family reunions, and more .. offering the ability to be together—without sacrificing privacy. Diamond Ocean Blue (Ocean Front) alone boasts 6 luxurious bedrooms and 6.5 baths, comfortably sleeping 32 people. Diamond Red (Ocean blvd) features 7 luxurious bedrooms and 6.5 baths, comfortably sleeping 32 people. Diamond Emerald, (Ocean Blvd) with its 7 bedrooms and 6.5 baths, comfortably hosts 38 people. Though each property has its own personality, they are thoughtfully designed to flow together, allowing guests to move freely between spaces while still enjoying their own private retreats. Each unit comes fully furnished and with an abundance of entertainment options including Massive 100-inch TVs for epic movie nights, Arcade consoles with 6,000+ games, Foosball tables for endless fun, PLUS your quad features a Private pool, 2 jacuzzis and a putting green to soak up the sun or work on your short game When it comes to food and family, the kitchens don’t disappoint. Each home is equipped with granite countertops,all brand new appliances to include double refrigerators, and double dishwashers, making it easy to cook for a crowd and clean up effortlessly. In-unit washers and dryers, individual thermostats and hvac units on every floor and for each unit, all new showers, bathtubs toilets, and an EV/Tesla charger ensure comfort and convenience at every turn. Call today for more information or schedule a private showing
$ 8,900,000
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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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$ 5,750,000
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.
$ 5,750,000
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$ 5,000,000
Imagine owning a piece of Charleston history, a rare opportunity to purchase the historic McCauley Davis Building. Sitting amid a Broad St renaissance, this architectural marvel has been affectionately restored into a mixed-use of luxury private residences and commercial retail space. Sitting at street level on Broad, Unit A is a sophisticated retail space with open floor plan. Above, Unit C stands as a testament to luxury, a 3-story residence featuring 3 bedrooms and 3.5 baths with rooftop deck, while behind sits Unit B, a stunning 2 bedroom/2.5 bath residence. The attention to detail is nothing short of exquisite, from the hand-milled carpentry to the exposed brick and craftsmanship of the kitchens, every detail throughout has been immaculately considered.Unit B is a fully furnished 1,500 sqft of luxury living. Character exudes throughout with all the classic Charleston features: exposed brick and wood beams, heart pine floors, custom kitchen, copper lanterns, master bed balcony, and private outdoor terrace with fountain and garden. Turn this masterpiece into your primary residence, lock-n-leave, high-end rental, or combine with unit C and transform into a grand 5 bed/7 bath masterpiece. Unit C you'll be greeted by 2,500 sqft open floor plan that includes a stylish living room with terrace and custom kitchen with windows overlooking Broad St. Gas fireplaces in both rooms provide the perfect ambiance for hosting! Two spacious bedrooms on the 3rd floor of Unit C each have their own private bathrooms, including outdoor space with a private terrace. The entirety of the 4th floor is occupied by the master bedroom and bath. This exquisite master suite boasts a wine refrigerator, a bar for mixing drinks, and stairwell access to a massive rooftop deck, providing 360-degree views of the Charleston skyline. The master bathroom is the epitome of sophistication, surpassing conventional standards. This unit also comes fully furnished. The property is nestled just a few steps away from the city's top-tier restaurants, art galleries, and high-end shopping district on King Street. 29 Broad Street presents a lifestyle of unparalleled luxury and convenience. Whether you're seeking the perfect property, an elite location in Charleston, or a sophisticated turnkey income-generating investment, 29 Broad Street is sure to exceed all expectations.
$ 5,000,000
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$ 4,900,000
The Sea Breeze Collection presents a rare opportunity to own three brand-new, fully furnished coastal homes in the heart of Folly Beach. Mimosa Manor, Orange Crush, and Lemon Twist offer a total of 15 bedrooms and 14.5 bathrooms, providing luxury, space, and investment potential just one block from Center Street and a short walk to the beach. Whether purchased together as a multi-home retreat or separately, these properties provide modern design, high-end finishes, and year-round enjoyment with private heated plunge pools.Mimosa Manor is the largest of the three, featuring seven bedrooms and six and a half bathrooms. Designed for both entertaining and relaxation, the home includes a gourmet kitchen with seating for 14 or more, multiple decks, and a game room with a pool table.Orange Crush and Lemon Twist each offer four bedrooms and four bathrooms with bright, open living spaces, high ceilings, and gourmet kitchens designed for gathering and entertaining. Each home includes three king suites with en-suite bathrooms, plus a bunk room with twin-over-full beds, making them ideal for hosting guests. Private heated plunge pools and back decks add to the appeal of these modern coastal homes. All three homes come fully furnished and move-in ready with thoughtfully designed coastal décor. Each property includes private parking, smart home technology, and energy-efficient features for low-maintenance living. The prime location places these homes just steps from Center Street's dining, shopping, and nightlife, with the beach only a short walk away. By offering the Sea Breeze Collection as a multi-unit package, buyers have the opportunity to acquire a unique, turnkey multi-home retreat. Whether used as a private family compound, an income-producing investment, or a luxurious second home, this collection represents the best of Folly Beach living.
$ 4,900,000
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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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$ 4,200,000
Rare commercial-zoned property in Charleston's Accommodation Overlay District, The Charleston Compound offers a prime opportunity to create a boutique hotel with a pool, restaurant, outdoor dining, event space, and a private courtyard, just two blocks from King Street. This unique L-shaped estate includes 11 bedrooms, 8.5 baths, and 14 private parking spaces across four separate units, along with a valid 15x30 pool permit for the entire property.With legacy ''Hotels and Motels'' zoning--confirmed by the City--this property benefits from a highly flexible, transferrable business license. The property does not require STR permits or a Bed and Breakfast license and offers the potential to add more guest rooms, favorable parking requirements, and generous signage allowances.The transferrable pool permit is already in place, and future commercial development of the parking lot would be easier due to the zoning.
Currently, the property operates as a successful vacation rental and event space with expansive common areas and a dedicated laundry room. It is perfect for use as a boutique hotel or could be utilized as a short-term rental, Bed and Breakfast, or private estate. Additionally, a potential site plan is available for a Palm Beach-style courtyard with gated driveways, further enhancing privacy and development options. Buyer responsible for permits. Don't miss this rare opportunity to develop a boutique hotel with resort-style amenities in one of Charleston's most sought-after locations!
$ 4,200,000
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$ 3,745,000
Potential Short Term Rental complex. This listing comprises 262 Rutledge Ave (parking lot), 12 Humphrey Court (Duplex) and 10 Humphrey Court (Triplex). These are also listed individually, but 262 Rutledge must be sold with 10 Humphrey. The highest and best use is to purchase the package and operate this as a Short Term Rental Bed and Breakfast. The property has recently completed a multi year renovation and has not been listed for rental yet. The price includes all furniture in all the units. The renovation is a full renovation from top to bottom of the duplex, the triplex and the parking lot. This is a turnkey operation available for sale as both a package or the seller may consider selling parts. Please note that 12 humphrey will only have parking if package is purchased.
$ 3,745,000
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$ 3,375,000
$ 3,375,000
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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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$ 3,250,000
Directly behind Wraggborough's Aiken-Rhett house museum, in the shadow of Charleston's future Union Pier waterfront development, this property was designed for high-efficiency, low maintenance and was completed in 2020. Three units with a combined 11 bedrooms/ 11 bath/half-baths rent un-furnished, long-term, for $17,200/mo starting in August through July, 2026. 2024 expenses were $39,222. New ownership may hold for income, re-sell as condos, keep one or all of the above! Approved (condo) site plan, all floor plans and photos included in media. Come see why this investment in Charleston is just right.
$ 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.
