Multi-Family Homes For Sale in Charleston, SC

Multi-Family Homes in Charleston: Invest, Live, and Earn

Charleston, SC, is more than just a beautiful city—it’s also a profitable place to invest. Whether you’re looking to build equity, generate rental income, or create a long-term plan for your family, Charleston’s multi-family properties for sale offer valuable opportunities. 

With nearly 20 years of experience, REALTOR® of Distinction Brian Walsh helps buyers find multi-family homes that match their residential or investment goals.

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Multi Family Active

20 Photos

$15,950,000 Increase +$15,949,999

71 Wentworth Street UNIT Units 202,203,204,206,301
Charleston, SC 29401
Downtown

176 days
MLS# 25016410

Investor bulk sale of 5 luxury condominium units in the renovated historic Masonic Lodge at 71 Wentworth St (270 King St). Price is $15,950,000 wit...

Provided courtesy of CBRE, Inc

• 9,700 SqFt
• 1872 Year Built
• View Listing

Multi Family Active

50 Photos

$9,745,000 Reduced -$250,000

46-50 Queen Street
Charleston, SC 29401
French Quarter

505 days
MLS# 24018363

Nestled in the heart of Charleston's Historic District, this remarkable property offers a rare opportunity to own a piece of the city's rich histor...

Provided courtesy of Keller Williams Realty Charleston West Ashley

• 13,334 SqFt
• 0.13 Acres
• 1890 Year Built
• View Listing

Multi Family Active

8 Photos

$7,700,000 Increase +$250,000

31 Coming Street
Charleston, SC 29401
Harleston Village

2957 days
MLS# 17029456

Great location next to the College of Charleston campus. All four properties (31 Coming, 29 Coming, 1 Montagu and 1-1/2 Montagu) are contiguous and...

Provided courtesy of Disher Hamrick & Myers Res Inc

• 28 Beds
• 11,868 SqFt
• 0.40 Acres
• 1885 Year Built
• View Listing

Multi Family Active

75 Photos

$5,245,000 Reduced -$250,000

176-178 Broad Street
Charleston, SC 29401
Harleston Village

501 days
MLS# 24018617

176-178 Broad includes 3 buildings that harmoniously blend historic charm with modern luxury. This exceptional property encompasses 9 units, (4) 1 ...

Provided courtesy of Keller Williams Realty Charleston West Ashley

• 7,159 SqFt
• 0.17 Acres
• 1880 Year Built
• View Listing

Multi Family Active

75 Photos

$4,850,000

221 Ashley Avenue UNIT Abc
Charleston, SC 29403
Cannonborough-Elliotborough

214 days
MLS# 25012404

The Chapel Lofts offers an exceptional opportunity to own a legal, fully licensed, income-producing short-term rental property located in the heart...

Provided courtesy of Keller Williams Realty Charleston West Ashley

• 13 Beds
• 4,571 SqFt
• 0.17 Acres
• 1995 Year Built
• View Listing

Multi Family Active

53 Photos

$4,399,000 Reduced -$100,000

21 Broad Street
Charleston, SC 29401
South Of Broad

60 days
MLS# 25027060

21 Broad Street offers a rare opportunity to own a fully renovated, income-generating historic property in the heart of downtown Charleston. Origin...

Provided courtesy of The Boulevard Company

• 9 Beds
• 4,278 SqFt
• 0.07 Acres
• 1802 Year Built
• View Listing

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Multi Family Active

75 Photos

$3,550,000 Reduced -$25,000

41 Pitt Street
Charleston, SC 29401
Harleston Village

165 days
MLS# 25017430

This 5 Bedroom 4.5 bath Historic Elegant Home Meets Modern Luxury with Income Producing Guest House in Downtown Charleston. Step into timeless Char...

Provided courtesy of Coldwell Banker Comm/Atlantic Int'l

• 5 Beds
• 4,458 SqFt
• 0.13 Acres
• 1872 Year Built
• View Listing
• View Open House

Multi Family Active

47 Photos

$3,250,000

194-196 Rutledge Avenue
Charleston, SC 29403
Cannonborough-Elliotborough

261 days
MLS# 25007619

SEE ATTACHED BROCHURE. To qualify for B&B/STR, must be primary residence. 194-196 Rutledge Ave, ''The Rutledge Ave Inn'', is a 5 unit existing & op...

Provided courtesy of Charleston Commercial

• 6 Beds
• 6,025 SqFt
• 0.20 Acres
• 1910 Year Built
• View Listing

Multi Family Active

75 Photos

$3,250,000

22 1/2 Mary Street UNIT A,B,C
Charleston, SC 29403
Eastside

298 days
MLS# 25003509

Directly behind Wraggborough's Aiken-Rhett house museum, in the shadow of Charleston's future Union Pier waterfront development, this property was ...

Provided courtesy of Charleston Property Brokers

• 11 Beds
• 6,807 SqFt
• 0.19 Acres
• 1850 Year Built
• View Listing

Why Charleston Is the Right Place to Buy Multi-Family Real Estate

Buying multi-family real estate is about long-term growth. Charleston’s market offers a high rental income potential and lasting value. Here’s what makes it a top choice:

• Offset mortgage with rental income. Live in one unit, rent out the others, and let your tenants help cover the mortgage. With Charleston’s high rental demand, you’ll build equity faster. 

• Tap into Charleston’s rental boom. Charleston’s vibrant tourism industry, thriving job market, and large student population create a steady demand for rentals. Areas like Downtown Charleston, close to the College of Charleston and the Medical University of South Carolina (MUSC), offer consistent rental opportunities from students and professionals.

• Build equity in a growing market. Property values in Charleston have steadily risen, making multi-family homes a solid long-term investment. Each mortgage payment builds equity, and as the market appreciates, so does the value of your property.

• Enjoy flexibility for family or future plans. Charleston’s multi-family properties for sale offer the flexibility to house extended families while maintaining privacy. They’re also an excellent choice if you plan to move later but want to keep a foothold in Charleston’s market.

What Kind of Multi-Family Homes Are Out There?

Charleston’s multi-family market has something for every buyer. From classic duplexes to larger income properties, explore a wide range of multi-family homes in Charleston, SC:

• Small multi-units with big potential. Smaller multi-family homes for sale in Charleston, SC, like duplexes and triplexes, are a savvy entry point for new investors. They’re affordable, income-producing, and often located in fast-growing neighborhoods—giving you a chance to buy in before values climb.

• Historic gems with built-in income. Charleston’s historic multi-family homes offer plenty of architectural character and income potential. These legally zoned properties often feature original hardwood floors, detailed woodwork, and wrought-iron balconies—plus the ability to rent out one or more units in a prime location.

• Modern builds designed for investors. Prefer something newer? Modern multi-family developments are built with investors in mind, offering minimalist designs, energy-efficient features, and lower maintenance costs. These properties often attract long-term tenants looking for contemporary amenities.

What You Need to Know Before Making a Move

Buying multi-family homes in Charleston, SC, home is a wise investment, but there are a few things to know before getting started:

• Understand Charleston’s zoning rules. The city has specific zoning regulations that vary by neighborhood. For instance, the Historic District has strict limitations on modifications and rental configurations. Other areas of Charleston offer more flexible zoning, allowing for more diverse multi-family investment strategies.

• Navigate short-term rental regulations. Charleston’s short-term rental market is tightly regulated, so it’s essential to understand the rules. Specific permits are required, with different guidelines for historic districts and newer neighborhoods. Since 2018, the city has enforced a cap on permits in certain areas, making research and proper licensing a critical part of the process.

• Plan for maintenance and management costs. Plan to set aside 1-2% of your property’s value each year for upkeep. If you hire a property manager, expect to pay 8-12% of your monthly rental income, or roughly $200–$400 for a two-unit building.

Start Your Multi-Family Home Search With Brian Walsh

When it comes to multi-family homes, experience matters. Brian Walsh is one of the top real estate agents in Charleston, known for his market insight and results-driven approach. He knows what it takes to make a smart investment in a competitive market. 

Buying your first multi-family home in Charleston, SC, or adding to your portfolio? Brian’s ready to help you move forward with clarity and confidence. Reach out today to get started.