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: | $993,183 |
| Highest Listing Price: | $9,745,000 |
| Average Days On Market: | 113 |
| Average Price/SqFt: | $354 |
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 $993,183 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 2,804 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 113 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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$ 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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$ 6,590,000
Welcome to Lady Helene, a meticulously crafted four-unit historic property where the charm of the past meets the functionality of the present. Currently, three of these units operate as licensed short-term rental accommodations, fully functional and catering to a discerning clientele. The fourth unit serves as a flexible mercantile space, introducing a dynamic commercial element to the property. With excellent visibility, this space has also been placed in service and is generating above-market returns through a secure long-term NNN lease. This truly remarkable building dates back to the late 1860s and recently underwent an extensive two-year renovation, transforming it into luxurious accommodations that blend historic charm with modern amenities. The renovation process involved meticulous work to restore the building's original storefront features while enhancing its functionality as a hospitality space. This effort was recognized in 2023 with Charleston's highly coveted Carolopolis Award for preservation. The reconfigured floor plan has been revitalized, showcasing beautiful furnishings and modern finishes throughout the units. Each unit is designed to provide a comfortable and stylish living space, perfect for families or groups visiting Charleston. The rental rates start around $400 per night during weekdays, with weekend prices ranging from $785 to just over $1,200 per night, depending on the unit and time of year. It is also offered as a whole house rental, making it an attractive option for both short-term visitors and larger gatherings. Steady increases in annual revenue have been jumpstarted through an early adoption of a whole property marketing policy. *All income data is available upon request. Situated at the intersection of Line and Coming streets and just two blocks from Upper King St., Lady Heléne is ideally located in a rapidly growing section of Charleston. Close to new residential projects and commercial spaces and within the STR overlay, this prime location offers easy access to local attractions, restaurants, and shopping, making it a desirable destination for travelers. Whether you are looking for a unique investment with high growth potential or a well-crafted stabilized piece of Charleston history, this opportunity offers both.
$ 6,590,000
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$ 6,500,000
This spectacular four-unit building with nine on-site parking spaces is located in Ansonborough in the heart of the Historic District of Charleston, just one block from Market Street. Zoned GB (General Business) and located in the Accommodations overlay, the property is approved for a 4-unit accommodations use. It is currently operating as a 4-unit luxury vacation rental known as the Charleston Chestnut Mansion, but could also be utilized for long term rentals or a variety of other commercial uses. Each of the four fully equipped residential units has its own private entrance and is beautifully appointed with high quality materials and appliances. The first floor contains suite 101 (renovated in 2019) and suite 102, (renovated in 2021).These suites are just over 1,400 SF each and each have 2 bedrooms and 2 baths. Suite 201 makes up the entire second floor (renovated in 2016). This suite is approx. 3,339 SF and has 3 bedrooms and 3 baths with a private elevator. Suite 301 makes up the entire third floor (renovated in 2016). This suite is approx. 2,137 SF and has 2 bedrooms and 2 baths. The building is conveniently located near some of Charleston's best restaurants, shopping, art galleries, and parks. Originally two separate buildings, the property has been renovated and combined into one. The original building (located at 241 East Bay St) was constructed in 1871, and underwent a historic rehabilitation in 1986, at which point the contemporary addition to the north (located at 243 East Bay Street) was constructed and joined to the original edifice by a stucco and glass hyphen. The entire building underwent a second significant historical renovation by the current owner from 2015 - 2021, which included new mechanical systems, a comprehensive security system, new or newly refurbished windows, new interior noise-dampening thermal storm windows, and repairs to the standing seam metal roof and exterior stucco. Interior renovations began in 2016 with the upper floors and were finalized in 2019 and 2021 with the completion of the two first floor suites. Since completion of the renovations, both the exterior and interior of the building have been meticulously maintained.
$ 6,500,000
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$ 6,000,000
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.
$ 6,000,000
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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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$ 3,400,000
** SELLER IS A LICENSED SOUTH CAROLINA REALTOR** Exquisite Ocean View Duplex: Modern Elegance Meets Coastal Living Introducing an exceptionally built duplex that seamlessly blends sleek modern design with breathtaking ocean views. This duplex is an investor's dream, poised to maximize rental income in a highly sought-after location. With strong demand from vacationers and beach enthusiasts, capitalize on the lucrative rental market in Cherry Grove, SC! This stunning masterpiece features two units, each boasting 5 spacious bedrooms and 4 full baths, along with an additional half bath. Whether you're looking to invest in a lucrative rental opportunity or seeking a versatile family home, this property is perfect for you! Key Features include: -Abundant Space: Generous living areas in each unit make it ideal for families or groups, ensuring comfort and functionality. -Modern Amenities: Contemporary finishes and fixtures enhance the aesthetic appeal while offering top-notch practicality. -Private Elevators: Each unit is equipped with its own private elevator, providing effortless accessibility for every guest. -Electric Vehicle Charging Station: Eco-friendly features for the modern homeowner. -Breathtaking Ocean Views: Enjoy stunning sunrises and sunsets from one of the private balconies that each unit has, transforming each morning and evening into a picturesque retreat. -Private Pool and Hot Tub: Each unit is complimented with its own pool and hot tub that will give its residents, or guests, privacy while soaking in relaxation, perfect for unwinding after a day at the beach. -Prime Location: Steps away from the beach, enjoy the ultimate seaside lifestyle with easy access to sun, sand, shopping, and entertainment. With the option to acquire both units, or one, Don't let this incredible opportunity slip away – schedule your showing today!
$ 3,400,000
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$ 3,375,000
$ 3,375,000
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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.
