107 Magwood Drive, Summerville, SC 29485
Local realty services provided by:Better Homes and Gardens Real Estate Medley
Listed by: paul kelton, brett poirier
Office: matt o'neill real estate
MLS#:25015600
Source:SC_CTAR
107 Magwood Drive,Summerville, SC 29485
$675,000
- 8 Beds
- - Baths
- 4,010 sq. ft.
- Multi-family
- Active
Price summary
- Price:$675,000
- Price per sq. ft.:$168.33
About this home
Welcome to 107 Magwood Drive, a potentially well-positioned investment opportunity in one of Summerville's most convenient locations. This well-maintained quadplex features four thoughtfully designed 2-bedroom, 1.5-bathroom units, making it an ideal fit whether you're searching for your next home, a potential income-producing property, or a strategic addition to your portfolio. If you're exploring a house-hack strategy, this property allows you to move into one unit while renting the three remaining fully leased units. Current leases include: Unit A: $1,400/month Unit B: $1,500/month Unit C: $1,500/month Unit D: $1,250/month. Altogether, the quadplex brings in $5,650 per month in gross rental income, offering the potential for immediate cash flow.Owned and meticulously maintained by the same owner for 22 years, it has benefited from $300,000 in capital improvements. The result is a fully stabilized asset with minimal maintenance concerns and immediate cash flow potential. The tenant base is remarkably stable, with average tenancies ranging from 5 to 8 years, and several long-term residents staying 12, 16, even 17 years, clear evidence of a well-managed and desirable living environment.
Located just 3.7 miles from Historic Downtown Summerville, 5.5 miles from I-26, and 6.5 miles from Nexton Square, the property offers unmatched access to local amenities, shops, restaurants, and major employers. Residents will enjoy living in the Dorchester-2 School District.
Whether you're seeking a turnkey 1031 exchange opportunity or a comfortable place to live while renting the additional units, 107 Magwood Drive presents a compelling option in a high-growth Charleston submarket.
The buyer agrees to cooperate with all documentation necessary to complete a 1031 exchange, if applicable. Proof of funds or a letter of credit (LOC) from a bank or mortgage lender is required prior to any showings or walkthroughs.
*Rental availability and options are not guaranteed. Buyers interested in residential and other rental options must verify with any and all governing bodies.
Contact an agent
Home facts
- Year built:1984
- Listing ID #:25015600
- Added:272 day(s) ago
- Updated:March 03, 2026 at 03:16 PM
Rooms and interior
- Bedrooms:8
- Living area:4,010 sq. ft.
Heating and cooling
- Cooling:Central Air
Structure and exterior
- Year built:1984
- Building area:4,010 sq. ft.
- Lot area:0.32 Acres
- Levels:2 Story
Schools
- High school:Summerville
- Middle school:Gregg
- Elementary school:Flowertown
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$675,000
- Price per sq. ft.:$168.33
Features and amenities
- Amenities:Ceiling Fan(s)
New listings near 107 Magwood Drive
- New
$425,000Active3 beds 2 baths2,100 sq. ft.406 Prestwick Court, Summerville, SC 29483
MLS# 26005935Listed by: REALTY ONE GROUP COASTAL - New
$349,900Active3 beds 2 baths1,423 sq. ft.237 Moon Dance Lane, Summerville, SC 29483
MLS# 26005942Listed by: COLDWELL BANKER REALTY - New
$360,000Active3 beds 3 baths1,967 sq. ft.9761 Stockport Circle, Summerville, SC 29485
MLS# 26005876Listed by: AKERS ELLIS REAL ESTATE LLC - New
$774,900Active5 beds 4 baths2,968 sq. ft.104 Race Club Road, Summerville, SC 29483
MLS# 26005929Listed by: RESIDE REAL ESTATE LLC - New
$675,000Active5 beds 5 baths4,535 sq. ft.605 S Pointe Boulevard, Summerville, SC 29483
MLS# 26005926Listed by: THE GOODWIN GROUP INC - New
$224,500Active2 beds 2 baths940 sq. ft.188 Midland Parkway #Apt 105, Summerville, SC 29485
MLS# 26005924Listed by: INDIGOOAK | CHRISTIES INTERNATIONAL REAL ESTATE - New
$469,000Active4 beds 3 baths2,236 sq. ft.1017 Crooked Stick Court, Summerville, SC 29483
MLS# 26005916Listed by: COASTAL CONNECTIONS REAL ESTATE - New
Listed by BHGRE$265,000Active3 beds 2 baths1,269 sq. ft.220 Crestwood Drive, Summerville, SC 29483
MLS# 26005910Listed by: THE FIRM REAL ESTATE COMPANY - New
$340,000Active3 beds 2 baths1,255 sq. ft.534 Beverly Drive, Summerville, SC 29485
MLS# 26005897Listed by: EXP REALTY LLC - New
$380,000Active3 beds 2 baths1,470 sq. ft.327 Savannah River Drive, Summerville, SC 29485
MLS# 26005898Listed by: REAL BROKER, LLC