112 Rutledge Avenue, Charleston, SC 29401
Local realty services provided by:Better Homes and Gardens Real Estate Medley
Listed by: jenna philipp, richard morse
Office: palmetto commercial prop, llc.
MLS#:26016962
Source:SC_CTAR
112 Rutledge Avenue,Charleston, SC 29401
$2,895,000
- - Beds
- - Baths
- 6,873 sq. ft.
- Multi-family
- Active
Price summary
- Price:$2,895,000
- Price per sq. ft.:$421.21
About this home
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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Home facts
- Year built:1925
- Listing ID #:26016962
- Added:16 day(s) ago
- Updated:June 27, 2026 at 05:26 PM
Rooms and interior
- Living area:6,873 sq. ft.
Heating and cooling
- Heating:Electric
Structure and exterior
- Year built:1925
- Building area:6,873 sq. ft.
- Lot area:0.04 Acres
- Levels:3 Story
Schools
- High school:Burke
- Middle school:Simmons Pinckney
- Elementary school:Memminger
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$2,895,000
- Price per sq. ft.:$421.21
Features and amenities
- Amenities:Ceiling Fan(s)
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