Description of 515 Rutledge Ave, Charleston, SC 29403
Listing details for 515 Rutledge Ave, Charleston, SC 29403 : Trophy Multifamily Investment: 6.05% Cap Rate in Downtown CharlestonSecure a high-performing, turnkey asset in the city's most coveted rental corridor. This meticulously maintained property features eight private suites across two units, each functioning as a self-contained ''micro-apartment'' with its own kitchenette, bathroom, and private entrance--perfect for the high-demand professional and student markets. Upgraded with modern mini-splits, timeless hardwood floors, and a residential fire sprinkler system, this property offers peace of mind and low overhead. With rare on-site parking for eight vehicles and a prime location steps from MUSC and the College of Charleston, this is a rare ''set-and-forget'' addition to any portfolio.
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Listing Updated : 03-27-2026 at 3:29 PM EDT
Property Details
Overview
Status
Active Under Contract
MLS #ID
25031124
Price
$1,799,000
Bedrooms
8
Bathrooms
0
Square Footage
3,024
Acres
0.13
Year
1930
Days on Site
129
Property Type
Residential Income
Property Sub Type
Price per Sq Ft
$595
Date Listed
Nov 22, 2025
Community Information for 515 Rutledge Ave, Charleston, SC 29403