Multi-Family Homes For Sale in Charleston, SC

Multi-family properties in the 29401 and 29403 are some of the most compelling investment opportunities in the city. Historic duplexes and small apartment buildings on the Peninsula combine rental income potential with genuine architectural value, the kind of asset that appreciates over time and holds its character.

The inventory is concentrated in Cannonborough-Elliottborough, Radcliffeborough, and the upper blocks of Harleston Village. Several neighborhoods fall within Charleston's Short-Term Rental Overlay, which significantly impacts income potential and resale value. Confirm overlay status on any specific property before you make an offer, it's one of the first things I walk investment buyers through.

Two things worth understanding before you search: zoning varies by block, and the BAR governs exterior changes on historic structures even if you're running them as rentals. Neither is a dealbreaker, they're just the rules of the market.

I've worked this market since 2008. Call or text me at 843-754-2089 or start your search below.

Market Snapshot

Averages based on current search criteria as of 06/08/2026 5:03 AM

Class Total Price Beds Baths Age
Multi Family 35 $2,300,429 7.3 - 116.8

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348 King Street UNIT Apt I Charleston, SC 29401
Multi Family Active
31 Photos
$675,000
348 King Street UNIT Apt I
Charleston, SC 29401
None
1 day
MLS# 26016563
Rare opportunity to own a highly sought-after residence in the heart of King Street. This 2 bedroom, 2 bathroom apartment offers the perfect blend ...
Provided courtesy of Carolina One Real Estate
111 Cannon Street Charleston, SC 29403
Multi Family Active
33 Photos
$3,980,000
111 Cannon Street
Charleston, SC 29403
Cannonborough-Elliotborough
2 days
MLS# 26016384
Stunning, turnkey short-term rental opportunity in the heart of downtown Charleston. This exceptional two-unit property features a total of 7 bedro...
Provided courtesy of The Boulevard Company
695 King Street Charleston, SC 29403
Multi Family Active
40 Photos
$1,955,000
695 King Street
Charleston, SC 29403
Westside
5 days
MLS# 26015941
A classic Charleston Single style (currently in dual residence mode) in the coveted location of charming and historic King Street! This home was be...
Provided courtesy of Nicklaus Vance
1 Drews Alley Charleston, SC 29403
Multi Family Active
21 Photos
$934,000
1 Drews Alley
Charleston, SC 29403
None
12 days
MLS# 26015110
Well located TRIPLEX with off street parking!! Great location with walkability to college, all of downtowns restaurants, and nightlife. New HVAC fo...
Provided courtesy of BHHS Carolina Sun Real Estate
46 Ashe Street Charleston, SC 29403
Multi Family Active
26 Photos
$975,000 Reduced -$20,000
46 Ashe Street
Charleston, SC 29403
City Of Charleston
17 days
MLS# 26014730
Charming Charleston Single-style DUPLEX in the desirable Cannonborough-Elliotborough neighborhood, built circa 1885 with the potential to easily co...
Provided courtesy of Compass Carolinas LLC
162 Spring Street UNIT A, B, C, D, E Charleston, SC 29403
Multi Family Active
75 Photos
$5,300,000
162 Spring Street UNIT A, B, C, D, E
Charleston, SC 29403
Cannonborough-Elliotborough
18 days
MLS# 26014816
On pace for over $400,000 in gross revenue! Introducing 162 Spring Street: a turnkey investment asset featuring twelve bedrooms, ten bathrooms, sev...
Provided courtesy of Premier Realty
  • 12 Beds
  • 5,881 SqFt
  • 0.22 Acres
  • 1880 Year Built
  • View Listing
Residential, Land, Other Disclaimer:

Broker Reciprocity The data relating to real estate for sale on this web site comes in part from the Broker ReciprocitySM Program of the Charleston Trident Multiple Listing Service. Real estate listings held by brokerage firms other than William Means Real Estate, LLC are marked with the Broker ReciprocitySM logo or the Broker ReciprocitySM thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers. Last updated on 06-07-2026 11:51 PM EST . The broker providing these data believes them to be correct, but advises interested parties to confirm them before relying on them in a purchase decision. Copyright 2026 Charleston Trident Multiple Listing Service, Inc. All rights reserved.
Commercial Sale/Lease: Copyright 2026 South Carolina commercial MLS, Inc. All rights reserved. Last updated on 06-07-2026 11:51 PM EST est.

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Thinking About Multi-Family on the Peninsula?

These properties move slowly until they don't. When a well-positioned duplex or small apartment building comes available in the 29401 or 29403, qualified buyers who've already done the homework are the ones who act.

If you're evaluating a specific address, I can walk you through overlay status, BAR implications, flood elevation, and realistic rental income, before you make an offer, not after.

Call or text me at 843-754-2089.