321 Ashley Avenue, Charleston, SC 29403
Local realty services provided by:CENTURY 21 Northland
321 Ashley Avenue,Charleston, SC 29403
$5,850,000
- 16 Beds
- - Baths
- 12,825 sq. ft.
- Multi-family
- Active
Listed by: joe porter, claire porter
Office: lighthouse real estate, llc.
MLS#:26000754
Source:MI_NGLRMLS
Price summary
- Price:$5,850,000
- Price per sq. ft.:$456.14
About this home
Premier Downtown Charleston Multifamily Investment Opportunity - Fully Leased This is a rare opportunity to acquire a trophy-level, high-end multifamily portfolio in the heart of Downtown Charleston. This property spans an entire city block and consists of four buildings with seven total units and 28 bedrooms, encompassing nearly 13,000 square feet of well-appointed rental space. The property has a strong history of serving both student and professional tenants, with proven performance, durability, and long-term appreciation.At the core of the offering are two modern buildings constructed in 2017 totaling four units, each designed with four bedrooms, four-and-a-half baths, and approximately 1,750 square feet per unit, thoughtfully configured across three expansive stories.Built for long-term durability and premium rental demand, the residences offer well-appointed interiors with high-quality, low-maintenance finishes. The main living areas feature durable ceramic tile plank flooring paired with stainless-steel appliances and solid surface countertops. Bathrooms are finished with tiled floors, tiled surrounds, and wainscoted walls. Architectural and design upgrades include vaulted ceilings, shiplap accents, rooftop balconies, soft-close kitchen cabinetry. All units contain en suite bathrooms and in-unit washer and dryers, making the layout ideal for roommate-style living and premium per-bedroom rent strategies.
The newer construction buildings are outfitted with standing-seam metal roofs, tankless water heaters, newer HVAC systems, and thermal-rated windows and doors, delivering energy efficiency and long-term durability.
Flanking either end of the modern structures is two fully renovated historic Charleston residences that add timeless character to the property. One fronts Ashley Avenue and contains two units, while the other fronts Orrs Court and contains one unit. Both historic buildings were comprehensively renovated in 2017 and seamlessly integrated into the overall asset, blending historic charm with modern functionality.
Importantly, all structures are raised out of the flood zone and built to the highest construction standards, offering superior insurance positioning and long-term risk mitigation.
The entire property is fully leased through July 31, 2026, with historical occupancy at 100% and average rental rate increases of approximately 10% per year since 2021, reflecting strong market fundamentals and sustained demand. The property is ideally located within Charleston's historic downtown district and in close proximity to the region's largest public and private sector employers, including the Medical University of South Carolina, Roper St. Francis Healthcare and within one mile of the College of Charleston, the Medical University of South Carolina, The Citadel, and Charleston School of Law, creating a powerful and consistent tenant pipeline.
This turn-key, stabilized investment offers a rare opportunity to acquire a block-wide luxury multifamily portfolio designed for maximum durability, premium rents, and long-term appreciation in one of Charleston's most supply-constrained and high-demand rental corridors....
Contact an agent
Home facts
- Year built:2017
- Subdivision & Development:City of Charleston
- Listing ID #:26000754
- Updated:August 28, 2026 at 05:07 PM
Rooms and interior
- Bedrooms:16
- Living area:12,825 sq. ft.
Heating and cooling
- Cooling:Central Air
- Heating:Electric, Heat Pump
- Central air:Yes
Structure and exterior
- Year built:2017
- Building area:12,825 sq. ft.
- Lot area:0.25 Acres
Schools
- High school:Burke
- Middle school:Simmons Pinckney
- Elementary school:Mitchell
Finances and disclosures
- Price:$5,850,000
- Price per sq. ft.:$456.14
New listings near 321 Ashley Avenue
- Coming Soon
$3,735,000Coming Soon4 beds 4 baths2,770 sq. ft.46 Pinckney Street, Charleston, SC 29401
MLS# 26024446Listed by: KING AND SOCIETY REAL ESTATE - Coming Soon
$439,000Coming Soon3 beds 2 baths1,495 sq. ft.9 Fieldfare Way, Charleston, SC 29414
MLS# 26024144Listed by: REALTY ONE GROUP COASTAL - New
$289,900Active1 beds 1 baths759 sq. ft.400 Bucksley Lane #Unit 204, Charleston, SC 29492
MLS# 26024458Listed by: SYNERGY GROUP PROPERTIES - New
$825,690Active3 beds 3 baths2,174 sq. ft.118 Cordwood Court, Charleston, SC 29492
MLS# 26024452Listed by: DEL WEBB - Open Sun, 11am to 1pmNew
$575,000Active3 beds 2 baths1,600 sq. ft.651 Semaht Street, Charleston, SC 29412
MLS# 26024427Listed by: THE BOULEVARD COMPANY - New
$579,990Active3 beds 4 baths1,906 sq. ft.457 Katies Scenic Court, Charleston, SC 29492
MLS# 26024441Listed by: EASTWOOD HOMES - New
$581,990Active3 beds 4 baths2,198 sq. ft.459 Katies Scenic Court, Charleston, SC 29492
MLS# 26024442Listed by: EASTWOOD HOMES - New
$575,990Active3 beds 4 baths1,906 sq. ft.461 Katies Scenic Court, Charleston, SC 29492
MLS# 26024444Listed by: EASTWOOD HOMES - New
$399,000Active3 beds 2 baths1,417 sq. ft.1822 Austin Avenue, Charleston, SC 29405
MLS# 26024402Listed by: BRAND NAME REAL ESTATE - New
$325,000Active2 beds 3 baths1,258 sq. ft.784 Certificate Court, Charleston, SC 29414
MLS# 26024398Listed by: CAROLINA ONE REAL ESTATE
Protect your home and budget from life's surprises with an Assurant Home Warranty, backed by a partner that supports you through every step of homeownership. Explore Plans.
©2026 Century 21 Real Estate LLC. All rights reserved. CENTURY 21®, the CENTURY 21 Logo and C21® are service marks owned by Century 21 Real Estate LLC. Century 21 Real Estate LLC fully supports the principles of the Fair Housing Act and the Equal Opportunity Act. Each office is independently owned and operated. Listing information is deemed reliable but not guaranteed accurate.