Fantastic opportunity to own a 4-plex on Folly Beach. Excellent value: Offered at a little over $400,000 per apartment, this must be the best deal on Folly. Use one as a primary or second home and use the other 3 to offset expenses (possibly positive cashflow). Make improvements and you can drastically increase rents. Renovated, the rental projection for annual leases is over $130,000.00! All the while, you would own commercial real estate on Folly. Street to street lot with close proximity to Center Street in the center of town. Situated next to the City Hall/Fire Station complex. 4 separate electric meters, tenants pay their own electric. Owner pays water quarterly. Property is on 2 septic systems.To connect to public sewer, you would have to ask city council for permission to tie in. If approved the nearest sewer to the complex is the alley way behind City Hall. You would be responsible for all construction costs and sewer tap and impact fees.
Active
Price cut: $130K (7/16)
$1,495,000
108 W Cooper Ave, Folly Beach, SC 29439
4beds
4baths
2,688sqft
Est.:
Quadruplex
Built in 1996
-- sqft lot
$1,391,200 Zestimate®
$556/sqft
$-- HOA
What's special
Street to street lot
- 112 days
- on Zillow |
- 910 |
- 49 |
Zillow last checked: 7 hours ago
Listing updated: August 04, 2025 at 12:13pm
Listed by:
Carolina One Real Estate Folly Beach 843-779-8660
Source: CTMLS,MLS#: 25010659

Travel times
Tour with a buyer's agent
Tour with a buyer's agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 4
Heating
- Central, Electric, Heat Pump
Cooling
- Central Air
Interior area
- Total structure area: 2,688
- Total interior livable area: 2,688 sqft
Property
Parking
- Total spaces: 1
- Parking features: 1 Car
- Garage spaces: 1
Features
- Stories: 2
Lot
- Size: 10,018.8 Square Feet
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Quadruplex
Materials
- Vinyl Siding
- Roof: Asphalt
Condition
- New construction: No
- Year built: 1996
Utilities & green energy
- Sewer: Septic Tank
- Water: Public
- Utilities for property: City of Folly Beach, Dominion Energy
Community & HOA
Community
- Subdivision: None
Location
- Region: Folly Beach
Financial & listing details
- Price per square foot: $556/sqft
- Date on market: 4/21/2025
- Listing terms: Any,Cash
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