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Investor multifamily property listings for sale in South Carolina. View SC apartment communities & complexes for sale by price, town, city, major market, cap rate, list date, region, days on market, and more. Search for all investment property portfolio commercial multifamily housing for sale in SC here. View multi-family properties for sale in Charleston, Columbia, Greenville, Myrtle Beach, and all the surrounding communities & neighborhoods. This page includes entire apartment neighborhoods for sale in South Carolina, as well as duplex, triplex, quadplex units, and mobile home parks

MLS Listings Data

Total Listings:240
Average Price:$898,482
Highest Listing Price:$9,745,000
Average Days On Market:129
Average Price/SqFt:$298
SC Multifamily Investor Property For Sale currently has two hundred and fourty (240) for sale on MLS. SC Multifamily Investor Property For Sale listings have an average sales price of $898,482 ranging in price from $95,000 to $9,745,000. The average sq ft home size of SC Multifamily Investor Property For Sale Charleston SC is 3,010 square feet. The largest property for sale is 38,913 sqft and smallest 0 sqft. View property listings for sale by price, street, subdivision, age, property type, location, features, size, and listing date, and time on MLS with an of 129 days on the market.

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Number of MLS Listings 1 - 12 of 240

Nestled in the heart of Charleston's Historic District, this remarkable property offers a rare opportunity to own a piece of the city's rich history with 15 residential units (22 beds/22 baths), & 1 commercial unit. The offering consists of (9) 1/1 units, (5) 2/2 units, (1) 3/3 unit & 1 commercial unit. Comprised of 2 historically significant buildings from circa 1799 & 1890, this versatile property includes related outbuildings & 16 off-street parking spaces. With a prime location close to the Mills House Hotel & Waterfront Park, this property boasts picturesque views & unparalleled convenience. The main house at 46 Queen includes (7) updated 1/1 units spanning 4 floors. Charming details such as wide piazzas and exposed brick walls add warmth and character to the space. 48 Queenencompasses the related outbuildings (former kitchen house, stable house, and carriage house) to include (2) 2 bed/2 bath units and (2) 1 bed/1 bath units. 50 Queen features a retail space as well as four residential units, (3) 2 bed/2 bath units, and (1) 3 bed/3 bath unit. 50 Queen also offers updated units with exposed wooden beams and brick details. All buildings have fire sprinklers and both main buildings have high elevations and full basements with poured concrete floors. This historic gem offers endless possibilities for investors or those looking to create a unique residential or commercial space. The combination of its prime location, architectural beauty, and potential for various uses makes it a standout property in Charleston's vibrant real estate market. Building is in the process of a condo conversion, to be completed by the end of the 2025, offering the opportunity to keep as a cash flowing property or sell off units individually for highest & best return!
View details Beds - Baths - 0 Sqft - 13334
Great location next to the College of Charleston campus. All four properties (31 Coming, 29 Coming, 1 Montagu and 1-1/2 Montagu) are contiguous and must be purchased as a package (will not be sold individually). Parking for approximately 20 cars. All properties are currently leased.
View details Beds - 28 Baths - 0 Sqft - 11868
176-178 Broad includes 3 buildings that harmoniously blend historic charm with modern luxury. This exceptional property encompasses 9 units, (4) 1 bed/1 bath units, (4) 2 bed/2 bath units, & (1) 2 bed/1 bath unit totaling 14 bedrooms & 13 bathrooms. These units have been meticulously updated to provide modern comforts while preserving the historic elements that make Charleston properties so desirable. Residents will appreciate features such as exposed wood beams, decorative fireplaces, stunning wood floors, piazzas, & spiral staircases. Additionally, 9 off-street parking spaces are available & this property has the potential for a condo conversion. Perfectly situated close to Colonial Lake, this is an extraordinary blend of history, luxury, & prime location, making it an ideal investment.Building is in the process of a condo conversion, to be completed by the end of the 2025, offering the opportunity to keep as a cash flowing property or sell off units individually for highest & best return! Two commercial pools are in the process of approval and will be ready for installation in late 2025.
View details Beds - Baths - 0 Sqft - 7159
The Sea Breeze Collection presents a rare opportunity to own three brand-new, fully furnished coastal homes in the heart of Folly Beach. Mimosa Manor, Orange Crush, and Lemon Twist offer a total of 15 bedrooms and 14.5 bathrooms, providing luxury, space, and investment potential just one block from Center Street and a short walk to the beach. Whether purchased together as a multi-home retreat or separately, these properties provide modern design, high-end finishes, and year-round enjoyment with private heated plunge pools.Mimosa Manor is the largest of the three, featuring seven bedrooms and six and a half bathrooms. Designed for both entertaining and relaxation, the home includes a gourmet kitchen with seating for 14 or more, multiple decks, and a game room with a pool table.Orange Crush and Lemon Twist each offer four bedrooms and four bathrooms with bright, open living spaces, high ceilings, and gourmet kitchens designed for gathering and entertaining. Each home includes three king suites with en-suite bathrooms, plus a bunk room with twin-over-full beds, making them ideal for hosting guests. Private heated plunge pools and back decks add to the appeal of these modern coastal homes. All three homes come fully furnished and move-in ready with thoughtfully designed coastal décor. Each property includes private parking, smart home technology, and energy-efficient features for low-maintenance living. The prime location places these homes just steps from Center Street's dining, shopping, and nightlife, with the beach only a short walk away. By offering the Sea Breeze Collection as a multi-unit package, buyers have the opportunity to acquire a unique, turnkey multi-home retreat. Whether used as a private family compound, an income-producing investment, or a luxurious second home, this collection represents the best of Folly Beach living.
View details Beds - 15 Baths - 0 Sqft - 7376
The Chapel Lofts offers an exceptional opportunity to own a legal, fully licensed, income-producing short-term rental property located in the heart of downtown Charleston. This unique offering includes three separate units totaling 13 bedrooms, with the rare bonus of 8 off-street parking spaces. Originally constructed in 1994 as a wedding chapel, the striking front building was thoughtfully renovated in 2012 to create a stunning 5-bedroom, 4.5-bath residence. Its open-concept living space boasts soaring vaulted ceilings and a spacious kitchen and lounge area ideal for entertaining. Also built in 2012, the rear carriage house features two 4-bedroom, 4-bath units, each designed with style, comfort, and guest experience in mind. Interiors throughout all three units are beautifully decoratedand updated, offering turnkey functionality for continued short-term rental success. All furnishings and décor convey with the sale for seamless operational continuity. Perfectly positioned on desirable Ashley Avenue, this property is just a short stroll to Charleston's celebrated dining, shopping, and cultural attractions. Whether you're expanding your investment portfolio or seeking a rare STR-compliant asset in Charleston, The Chapel Lofts delivers unmatched charm, income potential, and location.
View details Beds - 13 Baths - 0 Sqft - 4571
21 Broad Street offers a rare opportunity to own a fully renovated, income-generating historic property in the heart of downtown Charleston. Originally built in 1802 and completely updated in 2018 (with additional improvements in 2023), this 4,254 sq ft mixed-use building spans four floors and provides both commercial and residential income streams with unmatched versatility. The first floor features a professional office suite with a shared conference room and four private offices, ideal for business tenants or an owner seeking a prestigious Broad Street address. The second floor is a 2-bedroom residence operating as a successful short-term rental with a rare, grandfathered B&B license -- a highly valuable asset in Charleston's tightly regulated market.The top two floors are home to a spacious 3-bedroom, 2.5-bath apartment with updated kitchen and baths, perfect for long-term rental income or owner occupancy. Currently fully leased with tenants in place, the property produces over $200,000 net annually. Additional highlights include two off-street parking spaces, updated systems and finishes throughout, and a prime location within walking distance to the Battery, White Point Gardens, award-winning restaurants, coffee shops, and galleries. Whether maintained as a turn-key investment, converted to a live-work arrangement, or adapted for full owner occupancy, 21 Broad Street blends Charleston's historic charm with modern function and proven rental income.
View details Beds - 9 Baths - 0 Sqft - 4278
Luxery Living Near USC! The Graymont is a group of ten units with three buildings. The first building, 401 Graymont, consist of 6 units with 3 bedrooms and 3 baths. The second building, 407 Graymont, has 3 units with 3 bedrooms and 3 baths. The final unit, 409 Graymont is a stand alone 4 bedroom with 3 baths. Pro forma available upon request. Projected rents for 2026-2027 school year $370,800. Disclaimer: CMLS has not reviewed and, therefore, does not endorse vendors who may appear in listings.
View details Beds - Baths - 15 Sqft - 13000
SEE ATTACHED BROCHURE. To qualify for B&B/STR, must be primary residence. 194-196 Rutledge Ave, ''The Rutledge Ave Inn'', is a 5 unit existing & operating Bed and Breakfast located in the Short-Term Rental Overlay. The main house (196 Rutledge), built in 1910, was renovated down to the studs in 2008 and includes four spacious rental units; two 2BR/2.5BA units A&B, and two 1BR/1BA units C&D. The units are in great condition with modern luxury finishes coupled with historic charm. The Cottage (194 Rutledge) which was built in 2008, is a two level 2BR/2.5BA detached house with it's own private fenced in yard and back porch. The Cottage is setback off the street providing a peaceful and unique oasis. The property exudes modern amenities with historical charm. (continued)
View details Beds - 6 Baths - 0 Sqft - 6025
Directly behind Wraggborough's Aiken-Rhett house museum, in the shadow of Charleston's future Union Pier waterfront development, this property was designed for high-efficiency, low maintenance and was completed in 2020. Three units with a combined 11 bedrooms/ 11 bath/half-baths rent un-furnished, long-term, for $17,200/mo starting in August through July, 2026. 2024 expenses were $39,222. New ownership may hold for income, re-sell as condos, keep one or all of the above! Approved (condo) site plan, all floor plans and photos included in media. Come see why this investment in Charleston is just right.
View details Beds - 11 Baths - 0 Sqft - 6807
For the first time in more than half a century, 107 Rutledge Avenue is available to the market. Prominently positioned on the corner of Bull and Rutledge in Charleston's Harleston Village, this 4,167 sq ft property blends commercial and residential use. The ground floor offers approx. 1,500 sq ft of commercial space, currently operating as a dry cleaner drop-off/pick-up location, while the second and third floors include two 1br/1ba residential units. With six rare off-street parking spaces, this property presents unmatched flexibility: continue as a mixed-use investment, reimagine as a live/work residence, or convert into a magnificent single-family home. Its prime location near Colonial Lake, MUSC, and King Street ensures lasting value and visibility, a true generational opportunity.
View details Beds - 2 Baths - 0 Sqft - 4167
Welcome to The Waterfront Marsh Front Homes. Three bedrooms, 3 and a half baths, private office and large screen porch. Lock and leave lifestyle with access to community pool and fitness.
View details Beds - 3 Baths - 3 Sqft - 2890

Buying Multifamily

 

Important Info for investing in apartment buildings

More income quicker

Multifamily properties have many rental units that produce more cash flow at a faster rate than a single rental unit. Rather than having to buy several single-family rentals over time, you can make more cash flow with the purchase of just one building.

Vacancy

With a multi-unit investment like an apartment building, there are multiple rental units that can be used to offset a loss in rents from vacancy. If 20% of the units are vacant, 80% are still producing income which allows you to cover costs like debt service, property taxes, or other related property expenses.

Economy of scale

The economy of scale is spreading fixed costs over an increased number of units. Property expenses and holding costs relating to an apartment building are typically far less than a portfolio of single-family rental properties because there are multiple units under one roof.

Property taxes, insurance, and management fees are generally fixed and the cost to replace the HVAC of a single-family home or a small apartment building that has six units under one roof is relatively the same. As the number of rental units increases, income is increased while reducing your cost, making it more cost-effective than multiple single-family rentals.

Valuation Differences

To value a one-to-four unit residential building, we will use the Comparable Sales Approach which means property’s value will fluctuate by comparing to the sales price your neighbors received from selling their property. However, five-plus-unit residential buildings are being valued by using Income Approach which means the property’s value relies on the net operating income (NOI) and Cap Rates the building is bringing in. 

 

Negatives of investing in apartment buildings:

 

Affordability

The largest barrier to entry into investing in apartment buildings is affordability. Multifamily properties can be expensive and require much more initial capital to get started. Investors should expect to have around 20% of the purchase price. There are opportunities to raise capital using multiple resources. Hence why new real estate investors will begin with single-family properties first.

Management

Managing an apartment building can fall under both pro and con, similar to managing a single-family rental. On one side, you’re managing all of the tenants in one location, typically under one roof. You don’t have to drive all over town. However, there are more tenants and units to maintain and manage, meaning more responsibility, organization, and in general more potential problems. Finding a good and robust management software can help considerably for a well-organized system. 

 

 

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