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: | 281 |
| Average Price: | $1,074,929 |
| Highest Listing Price: | $9,745,000 |
| Average Days On Market: | 107 |
| Average Price/SqFt: | $338 |
SC Multifamily Investor Property For Sale currently has two hundred and eighty-one (281) for sale on MLS. SC Multifamily Investor Property For Sale listings have an average sales price of $1,074,929 ranging in price from $70,000 to $9,745,000. The average sq ft home size of SC Multifamily Investor Property For Sale Charleston SC is 3,177 square feet. The largest property for sale is 30,288 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 107 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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$ 7,450,000
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.
$ 7,450,000
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$ 7,250,000
Presenting an exceptional investment opportunity at 2010 S. Ocean Blvd, Myrtle Beach, SC 29577—a fully renovated 67-unit multifamily property situated directly on Ocean Boulevard. Occupying a prominent corner lot, this offering includes an additional parcel currently utilized as a parking lot, totaling approximately 0.70 acres in one of Myrtle Beach's most desirable markets, just steps away from the Atlantic Ocean. The property offers One bedroom units and Studio units. Comprehensive Renovations (2023-2024): Plumbing: Installation of new PEX water lines throughout the building. Fire Safety: Implementation of a new sprinkler system and fire alarm installation; servicing of all standpipes with AAA Fire Protection. Interior Upgrades: Drywall and interior painting; replacement of kitchen cabinets and countertops in most units; installation of new PTAC AC units. Exterior Enhancements: Exterior painting and stucco. Mechanical Systems: Elevator repairs by Calvinder Elevator company, installation of a new 120-gallon boiler. Parking & Landscaping: Development of a new parking lot on Cassandra Lane; landscaping completed per City of Myrtle Beach approved plans. Appliances: Upgraded appliances throughout the units. Detailed financial documents, including Profit & Loss statements, Capital Expenditure reports, and Rent Rolls, are available and will be shared with qualified buyers upon request. This property represents a turnkey investment in a prime coastal location, offering significant recent upgrades. This is one of only a few Multifamily buildings allowed on Ocean Blvd. Please contact the listing agent to schedule a showing appointment.
$ 7,250,000
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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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$ 5,900,000
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!
$ 5,900,000
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$ 5,225,000
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.
$ 5,225,000
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$ 4,650,000
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.
$ 4,650,000
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$ 4,390,000
Fully Renovated Oceanfront Property now available and priced to sell! Reimagined and rebranded in 2022/2023, this stunning oceanfront property spans 0.43 acres on a high-visibility corner lot with seamless beach access. Boasting 41 modern units, including efficiency and double rooms, it offers stylish accommodations designed to attract guests year-round. Key features include a sleek modern design, a large pool, beachfront access, and a welcoming reception and lobby area, creating a unique and memorable guest experience. An on-site commercial laundry facility adds convenience and operational efficiency. Many aspects of the property have been upgraded within the last 2-3 years, including the roof, electrical, plumbing, interiors, furniture, fixtures, bathrooms, kitchens, and exterior. Fully operational and income-producing, this is a rare turnkey investment opportunity in a coveted coastal location.
$ 4,390,000
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$ 4,300,000
Multi-family building complex comprised of nine 2 BR/2BA units. This 9-unit complex is located on a corner lot across the street from the beach and only two blocks from Main St. (Ocean Drive). A short walk to public beach access. Some units provide ocean views from the balcony. Parking available underneath the building and ample space on the lot to potentially add a pool. Located nearby is a community park, restaurants, shopping, and entertainment.
$ 4,300,000
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$ 4,299,000
Unbeatable Location, Endless Potential: Just steps from the ocean and a short stroll to the iconic Sky Wheel, this prime .42-acre corner property is a rare gem. Boasting over 20,000 sq. ft. of fully renovated space in 2022, many details have been upgraded—new roof, plumbing, electrical, HVAC, flooring, appliances, and more. Featuring 32 fully operational units, including efficiencies, double rooms, and one-bedroom suites, the property is perfectly situated within walking distance of The Boardwalk and close to Broadway at the Beach, waterparks, shopping, dining, and entertainment hotspots. Includes a 3,000 sq. ft. commercial/retail space with income potential through leasing. Financials are available upon request. Don’t miss this opportunity to own a turnkey building in a high-demand location!
$ 4,299,000
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$ 3,750,000
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.
$ 3,750,000
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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.
