163 163 12 Coming — Sale in Charleston, SC

  • Price: Contact for price
  • Listing type: For sale
  • Asset type: Multifamily Property
  • Location: Charleston, SC 29403

Investment Figures

Cap rate
5.26%

Derived from the asking price and operating figures published for this listing. Informational only — not an appraisal, valuation or financial advice. Verify independently before relying on any figure.

Description

Marcus & Millichap is pleased to present 163 & 163 ½ Coming, a six-unit multifamily property located in Downtown Charleston, South Carolina. This boutique asset offers investors the opportunity to acquire a well-located small-scale multifamily property on the Charleston Peninsula, an area defined by limited supply, strong tenant demand, and enduring appeal. Opportunities of this size and location are increasingly rare, particularly within Charleston’s historic urban core. Downtown Charleston continues to benefit from consistent renter demand driven by its walkability, historic character, and immediate access to major employment centers, higher education institutions, and nationally recognized dining, retail, and cultural amenities. The local economy is supported by a diverse mix of industries including healthcare, education, government, port-related logistics, and tourism, which collectively provide a stable employment base. Strict zoning regulations, preservation requirements, and minimal available land for new development have historically constrained new housing supply, supporting strong occupancy levels and long-term rent growth. 163 & 163 ½ Coming is well positioned to benefit from these favorable market fundamentals, offering investors durable in-place income with long-term appreciation potential. The property represents an attractive opportunity for investors seeking a manageable, boutique multifamily asset in one of the Southeast’s most established and competitive urban rental markets. Investment Highlights: • Six-Unit Multifamily Property Located on the Charleston Peninsula in Downtown Charleston • Highly Supply-Constrained Submarket with Significant Barriers to Entry for New Development • Strong and Consistent Renter Demand Driven by Walkability and Proximity to Employment and Amenities • Charleston's Diverse and Resilient Economy Supports Long-Term Rental Stability • Compelling Opportunity for Long-Term Appreciation in One of the Southeast's Most Sought-

Market Context

This multifamily in Charleston, SC is listed for sale. It is offered at an approximate 5.3% capitalization rate, a key benchmark for income-producing multifamily assets. It has been on the market for 99 days. Compare it against other multifamily listings for sale in Charleston, SC — view the full market.

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