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Exceptional value-add investment and redevelopment opportunity in one of Charleston's most sought-after locations. This 8-unit townhome community presents a rare chance for investors and developers to reposition a multifamily asset with substantial upside. Ideally situated within the City of Charleston, the property is just steps from Avondale's popular restaurants, shops, and entertainment, including Pearlz Oyster Bar and Triangle Char & Bar.The property currently generates approximately $13,750 in monthly rental income, with several units leased below market rates and one vacant unit ready for renovation and lease-up. Investors have multiple value-creation strategies to consider, including renovating units to achieve market rents and holding for long-term cash flow, selling as a stabilized multifamily investment, or establishing a condominium regime and selling the townhomes individually (subject to applicable approvals). Each townhome averages approximately 900 square feet and features a private courtyard along with off-street parking for two to three vehicles--an increasingly rare amenity in this highly desirable location. With strong rental demand, flexible exit strategies, and significant upside potential, this property represents an outstanding investment opportunity in the Charleston market.
| DAYS ON MARKET | 5 | LAST UPDATED | 7/22/2026 |
|---|---|---|---|
| TRACT | Ashley Forest | YEAR BUILT | 1967 |
| COMMUNITY | 11 - West of the Ashley Inside I-526 | COUNTY | Charleston |
| STATUS | Active | PROPERTY TYPE(S) | Multi Family |
| Elementary School | St. Andrews |
|---|---|
| Jr. High School | C E Williams |
| High School | West Ashley |
| ADDITIONAL DETAILS | |
| AIR | None |
|---|---|
| AREA | 11 - West of the Ashley Inside I-526 |
| CONSTRUCTION | Brick Veneer, Stucco, Wood Siding |
| HEAT | None |
| LOT | 0.71 acre(s) |
| LOT DIMENSIONS | 0.71 |
| SEWER | Public Sewer |
| STORIES | 2 |
| SUBDIVISION | Ashley Forest |
| WATER | Public |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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Listing Provided by Chamberlain Chesnut Real Estate
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The broker providing this 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.
The broker providing this 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.
This IDX solution is (c) Diverse Solutions 2026.