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.
Active
$2,895,000
112 Rutledge Ave, Charleston, SC 29401
--beds
--baths
6,873sqft
Multi Family
Built in 1925
-- sqft lot
$-- Zestimate®
$421/sqft
$-- HOA
What's special
Four bathroomsNine bedroomsBeautifully renovated
- 1 hour |
- 29 |
- 2 |
Zillow last checked:
Listing updated:
Listed by:
Palmetto Commercial Prop, LLC
Source: CTMLS,MLS#: 26016962
Tour with a local agent
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
Estimated market value
Not available
Estimated sales range
Not available
$3,391/mo
Price history
| Date | Event | Price |
|---|---|---|
| 6/11/2026 | Listed for sale | $2,895,000$421/sqft |
Source: | ||
| 12/5/2023 | Listing removed | -- |
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| 12/4/2023 | Pending sale | $2,895,000$421/sqft |
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| 9/9/2023 | Contingent | $2,895,000$421/sqft |
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| 5/25/2023 | Price change | $2,895,000-3.5%$421/sqft |
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| 5/18/2023 | Listed for sale | $2,999,000$436/sqft |
Source: | ||
| 4/25/2023 | Listing removed | -- |
Source: | ||
| 4/17/2023 | Listed for sale | $2,999,000$436/sqft |
Source: | ||
| 9/13/2022 | Listing removed | $2,999,000$436/sqft |
Source: | ||
| 9/13/2022 | Listed for sale | $2,999,000$436/sqft |
Source: | ||
Public tax history
Tax history is unavailable.
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.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
Nearby schools
GreatSchools rating
- 2/10Memminger Elementary SchoolGrades: PK-5Distance: 0.4 mi
- 4/10Simmons Pinckney Middle SchoolGrades: 6-8Distance: 1 mi
- 1/10Burke High SchoolGrades: 9-12Distance: 1 mi
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.
A local agent can set up tours, give advice and negotiate with sellers.
- South Carolina
- Charleston County
- Charleston
- 29401
- Harleston Village
- 112 Rutledge Ave







