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112 Rutledge Avenue

Charleston, SC 29401

$2,895,000 $12,205/Mo

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Overview

Bed

Bath

6,873

Sqft

0.04

Acre(Lot)

Description

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 spa 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 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.

Property Details

Property Type : Residential Income

Price : $2,895,000

AD Id : 83807617

MLS Id : 26016962

Lot Size : 0.04 Acre

Living Area Size : 6,873

Year Built : 1925

County : Charleston

Subdivision: Harleston Village

Map

What's Nearby

Nearby Areas

Features

Interior Features

Ceiling Fan(s)
Heating & Cooling

Heating: Electric WaterSource: Public

Building Information

Year Built: 1925

Lot Information

Lot Size Area: 0.04 Lot Size Units: Acres Lot Square Feet: 1,742 Lot Acres: 0.04 Stories: 3 Main Square Feet: 0.04

Property Information

Property Type: Residential Income Structure Type: Single Family Detached Subdivision: Harleston Village

Elementary School: Memminger

Junior High School: Simmons Pinckney

Senior High School: Burke
Location Information

Direction: Located Right Off Of Calhoun Street Downtown Charleston

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Nearby Home Value

Address	Estimate	Bed	Bath	Sq. Ft	Lot Size
4 S Adgers Wharf, Charleston, SC, 29401	$5,850,000	4	3.5	4,022	4,022 SqFt
18 Boyces Wharf, Charleston, SC, 29401	$5,450,000	3	4.5	3,363	3,363 SqFt
4 Tradd Street, Charleston, SC, 29401	$1,999,000	3	2	1,366	1,366 SqFt
87 East Bay Street #D, Charleston, SC, 29401	$1,195,000	1	1	745	745 SqFt
2 Water Street, Charleston, SC, 29401	$13,750,000	6	6.5	7,183	7,183 SqFt
2 Laurens Street #4F, Charleston, SC, 29401	$3,550,000	3	3.5	3,790	3,790 SqFt
25 East Battery Street, Charleston, SC, 29401	$28,000,000	6	6.5	11,367	11,367 SqFt
15 Broad Street, Charleston, SC, 29401	$2,995,000	--	--	7,024	7,024 SqFt
4 Bedons Alley, Charleston, SC, 29401	$4,950,000	3	2.5	2,702	2,702 SqFt
12 A Bedons Alley, Charleston, SC, 29401	$2,495,000	2	2.0	1,670	1,670 SqFt

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ByOwner last updated this listing 06/29/2026 @ 18:58

MLS: 26016962 LISTED BY: Jenna Philipp, Palmetto Commercial Prop, LLC SOURCE: CHS Regional MLS