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  • $2,895,000

    112 Rutledge Ave, Charleston, SC 29401

    --beds
    --baths
    6,873sqft
    : 
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    Multi Family
    Built in 1925
    -- sqft lot
    $-- Zestimate®
    $421/sqft
    $-- HOA

    What's special

    Four bathroomsNine bedroomsBeautifully renovated
    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. Broker Richard Morse is also the owner.
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    Zillow last checked:

    Listing updated:

    Listed by:

    Palmetto Commercial Prop, LLC

    Source: CTMLS,MLS#: 26016962MLS Logo

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      Facts & features

      Interior

      Heating
      • Electric
      Cooling
      • Has cooling: Yes
      Features
      • Ceiling Fan(s)
      Interior area
      • Total structure area: 6,873
      • Total interior livable area: 6,873 sqft

      Property

      Features
      • Stories: 3
      Lot
      • Size: 1,742 Square Feet

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Multi Family
      Condition
      • New construction: No
      • Year built: 1925

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public

      Community & HOA

      Community
      • Subdivision: Harleston Village
      Location
      • Region: Charleston

      Financial & listing details

      • Price per square foot: $421/sqft
      • Date on market: 6/11/2026
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        Estimated market value

        Not available

        Estimated sales range

        Not available

        $3,391/mo

        Price history

        DateEventPrice
        6/11/2026Listed for sale$2,895,000$421/sqft
        Source: CTMLS #26016962 Report a problem
        12/5/2023Listing removed--
        Source: CTMLS #23008442 Report a problem
        12/4/2023Pending sale$2,895,000$421/sqft
        Source: CTMLS #23008442 Report a problem
        9/9/2023Contingent$2,895,000$421/sqft
        Source: CTMLS #23008442 Report a problem
        5/25/2023Price change$2,895,000-3.5%$421/sqft
        Source: CTMLS #23008442 Report a problem
        5/18/2023Listed for sale$2,999,000$436/sqft
        Source: CTMLS #23008442 Report a problem
        4/25/2023Listing removed--
        Source: CTMLS #23008442 Report a problem
        4/17/2023Listed for sale$2,999,000$436/sqft
        Source: CTMLS #23008442 Report a problem
        9/13/2022Listing removed$2,999,000$436/sqft
        Source: CTMLS #22023930 Report a problem
        9/13/2022Listed for sale$2,999,000$436/sqft
        Source: CTMLS #22023930 Report a problem

        Public tax history

        Tax history is unavailable.

        Monthly payment

        Est. payment

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          All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
          HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
          Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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          Climate risks

          Neighborhood: Harleston Village

          Getting around

          86 / 100
          Very Walkable
          49 / 100
          Some Transit
          76 / 100
          Very Bikeable

          Nearby schools

          GreatSchools rating
          Schools provided by the listing agent
          • Elementary: Memminger
          • Middle: Simmons Pinckney
          • High: Burke

          Source: CTMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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