112 Rutledge Avenue
Charleston, SC, 29401 $ 2,895,000
Baths0.0 Sq 6,873 Monthly Estimate*
$ 18,279
Studio for $2,895,000. This 6,873 square foot home was built in 1925 on a lot size of 0.04.
112 Rutledge Avenue presents a rare opportunity to acquire a beautifully renovated, mixed-use investment property in the heart of Harleston Village. Positioned in one of Charleston's most sought-after neighborhoods, this asset offers a strong blend of stable income and future upside. The ground-floor medical office space is secured by a long-term lease through December 2029 at attractive market rates, providing consistent and reliable cash flow. Above, the second and third floors feature three residential units totaling nine bedrooms and four bathrooms. The residential component is nearly fully leased, with one recently renovated unit (Unit D) currently available--ideal for an owner-occupant or to be leased at market rates to further enhance income. There are ten (10) dedicated parking spa112 Rutledge Avenue presents a rare opportunity to acquire a beautifully renovated, mixed-use investment property in the heart of Harleston Village. Positioned in one of Charleston's most sought-after neighborhoods, this asset offers a strong blend of stable income and future upside. The ground-floor medical office space is secured by a long-term lease through December 2029 at attractive market rates, providing consistent and reliable cash flow. Above, the second and third floors feature three residential units totaling nine bedrooms and four bathrooms. The residential component is nearly fully leased, with one recently renovated unit (Unit D) currently available--ideal for an owner-occupant or to be leased at market rates to further enhance income. There are ten (10) dedicated parking spaces, a highly desirable amenity in this area. Six spaces are leased to the medical office tenant, while the remaining four are allocated to the residential units, generating additional rental income. Excellent Downtown Charleston location in the Historic District and adjacent to the hospital district, walking distance to the College of Charleston, Medical University of South Carolina and many retail sites. With recent renovations, strong in-place income, and the flexibility of a vacant unit, 112 Rutledge Avenue offers investors a compelling, turnkey opportunity in a premier location. TMS #: 457-03-02-120, 457-03-02-162, 457-03-02-163, 457-03-02-165, 457-03-02-165.
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FeaturesGeneralCounty Charleston
Property Type Residential Income
Subdivision Name Harleston Village
Status Active
Directions Located Right Off Of Calhoun Street Downtown Charleston
High School Burke
City Charleston
MLS Area 51 - Peninsula Charleston Inside of Crosstown
Lot Size Units Acres
Lot Size Square Feet 1742.4
Elementary School Memminger
Middle/Junior High School Simmons Pinckney
Building Area Units Square Feet
Standard Status Active
Sewer Public Sewer
Heating Electric
Year Built 1925
New Construction false
Structure Type Single Family Detached
Other Structures No
Stories Count 3
Number Of Units Total 4
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InteriorInterior Amenities Ceiling Fan(s)
Air Conditioning Y/N true
Heating Y/N true
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ExteriorLot Size Area 0.04
Lot Size Acres 0.04
Water Source Public
Building Area Total 6873
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* Excluded FeaturesList ByPalmetto Commercial Prop, LlcBroker
Affordability Calculator
- Monthly Principal & Interest
- $18,279
- Monthly Property Taxes
- --
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbyMulti-family listings in Charleston, SC
Average List Price $1,977,517
Percent of Sale Price 32%
About Charleston, SC 138,424 Population
35% Since 2002
$ 62,778 Median Income
36.13 Median Age
21% Households with Children
Trends Information provided by ATTOM Data Solutions.
246224 Elementary School
1478873 Middle School
Burke High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 6/11/2026 | $2,895,000 | | Listed Price |