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94 Morris Street, Charleston, SC 29403

Charleston
Local realty services provided by:CENTURY 21 Northland
94 Morris Street,Charleston, SC 29403
$2,195,000
  • 10 Beds
  • - Baths
  • 3,508 sq. ft.
  • Multi-family
  • Active
Listed by: melissa ben hutta, nicole rothstein
Office: on the coast realty llc.
MLS#:26000376
Source:MI_NGLRMLS

Price summary

  • Price:$2,195,000
  • Price per sq. ft.:$625.71

About this home

94 Morris Street is a rare four-unit investment opportunity in downtown Charleston, just one block from MUSC and three blocks from the College of Charleston. The property offers a going-in cap rate of 6.21%, a gross rent multiplier of ~12.7x, and room for rent growth both organically and by way of enclosing the porch.Fully leased through July 2026, it offers investors immediate stability and consistent demand from students, medical professionals, and young professionals. The property features 10 bedrooms and 5 bathrooms across four units, with an uncommon downtown amenity: on-site parking for 10 cars. One unit also includes an enclosed porch that could be converted into an additional bedroom, creating future value.With King Street dining, shopping, and entertainment just steps away, this is a turnkey investment in one of Charleston's most desirable neighborhoods. Beyond its prime location and stable leases, this property showcases excellent management and a strong rental history. The...

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Home facts

  • Year built:1852
  • Listing ID #:26000376
  • Updated:March 04, 2026 at 04:08 PM

Rooms and interior

  • Bedrooms:10
  • Living area:3,508 sq. ft.

Heating and cooling

  • Cooling:Central Air
  • Heating:Electric
  • Central air:Yes

Structure and exterior

  • Year built:1852
  • Building area:3,508 sq. ft.
  • Lot area:0.13 Acres

Schools

  • High school:Burke
  • Middle school:Simmons Pinckney
  • Elementary school:Memminger

Finances and disclosures

  • Price:$2,195,000
  • Price per sq. ft.:$625.71

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