107 Magwood Drive, Summerville, SC 29485
Local realty services provided by:Better Homes and Gardens Real Estate Palmetto
Listed by: brett poirier, paul kelton
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:177 day(s) ago
- Updated:November 29, 2025 at 03:24 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
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
New listings near 107 Magwood Drive
- New
$425,000Active4 beds 3 baths2,000 sq. ft.101 Presidio Bend, Summerville, SC 29483
MLS# 25031371Listed by: KELLER WILLIAMS KEY - New
$375,000Active4 beds 2 baths1,708 sq. ft.111 Sandtrap Road, Summerville, SC 29483
MLS# 25031416Listed by: CAROLINA ONE REAL ESTATE - New
$335,000Active4 beds 2 baths1,904 sq. ft.237 W Steele Drive, Summerville, SC 29483
MLS# 25031407Listed by: KELLER WILLIAMS PARKWAY - New
$415,000Active3 beds 3 baths2,464 sq. ft.132 Ashley Bluffs Road, Summerville, SC 29485
MLS# 25031397Listed by: GATEHOUSE REALTY, LLC - New
$250,000Active4 beds 4 baths1,700 sq. ft.717 Hemingway Circle Circle, Summerville, SC 29483
MLS# 25031361Listed by: REAL BROKER, LLC - New
$1,150,000Active4 beds 5 baths3,981 sq. ft.9875 Jamison Road, Summerville, SC 29485
MLS# 25031348Listed by: DEBBIE FISHER HOMETOWN REALTY, LLC - New
$340,000Active3 beds 3 baths1,646 sq. ft.132 Longford Drive, Summerville, SC 29483
MLS# 25031330Listed by: REALTY ONE GROUP COASTAL - New
$380,000Active3 beds 3 baths1,990 sq. ft.200 Crossandra Avenue, Summerville, SC 29483
MLS# 25031320Listed by: KELLER WILLIAMS REALTY CHARLESTON - New
$574,900Active4 beds 3 baths2,649 sq. ft.1408 Peninsula Pointe Point, Summerville, SC 29485
MLS# 25031318Listed by: REALTY ONE GROUP COASTAL - New
$375,000Active3 beds 2 baths1,563 sq. ft.215 Savannah Round, Summerville, SC 29485
MLS# 25031319Listed by: JEFF COOK REAL ESTATE LPT REALTY
Protect your home and budget with an American Home Shield© home warranty. Learn more© 2025 Better Homes and Gardens Real Estate LLC. An Anywhere Real Estate company. All rights reserved. Better Homes and Gardens® Real Estate is a registered trademark owned by Meredith Operations Corporation, licensed to Better Homes and Gardens Real Estate LLC and used with permission. Better Homes and Gardens Real Estate LLC fully supports the principles of the Fair Housing Act and the Equal Opportunity Act. Listing information is deemed reliable but is not guaranteed accurate.
Each office is independently owned and operated.
Any services or products provided by third parties are not provided by, affiliated with or related to Better Homes and Gardens Real Estate LLC, or its affiliated companies.