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4 Beds
2,000 sqft

$825,000

1221 Sumner Avenue # D Unit: A,B,C,D,E, North Charleston SC, 29406

Price per sqft$412.50
Built in1973
Property size2,000 sqft
Property typeMulti-family

Overview

Active

Listed Jul 30, 2026

Updated 26 min ago

See portfolio listing MLS#26001453! Don't miss your chance to purchase this turnkey 5-unit multifamily investment. The offering includes five one-bedroom, one-bathroom units. The property features a stabilized rental profile with a blend of three long-term rental units and two short-term rental units, allowing investors to benefit from diversified income streams and operational optionality. All units are fully leased, and the short-term rental units have an established operating history, supporting immediate cash flow.The asset underwent a comprehensive renovation on Units C,D,E in 2024, (the other two were renovated recently before current owner purchased (~2022 and recently refreshed 2026) including significant capital improvements to electrical, plumbing, HVAC systems, and hot water heaters, along with full cosmetic updates. Renovations include new LVP flooring, drywall, quartz countertops, tile showers, stainless steel appliances, updated cabinetry, modern fixtures, fresh interior and exterior paint, and landscaping, positioning the property as a low-maintenance, turnkey investment. The building features concrete block construction, shingle roof, Romex wiring, and PVC/PEX plumbing. The property is located in Flood Zone X (minimal flood risk) and sits on a large lot. Ideally located just minutes from Park Circle, this Sumner 5-plex benefits from proximity to walkable dining, breweries, and neighborhood retail, along with convenient access to Rivers Avenue (US-52), I-526, and I-26, providing efficient connectivity to Downtown Charleston, Daniel Island, and the greater Charleston MSA. Major nearby employment centers include Boeing, Joint Base Charleston, Mercedes-Benz Vans, Charleston International Airport, and the rapidly expanding Naval Yard redevelopment corridor. This property represents a rare small-multifamily opportunity combining stabilized occupancy, renovated core systems, and diversified rental income in a supply-constrained market. With no heavy repositioning required, the property is well suited for investors seeking immediate income, operational ease, and durable long-term value. Some seller financing may be considered from seller equity, there is a mortgage on the property. Seller will consider pricing incentives for clean, non-seller-financed transactions with strong terms. Other recent updates: Unit A - New mini split (2026) repaint, pressure wash, door stain, new sun shades, new bath fixtures and other assorted updates Unit B - Similar maintenance and updates scheduled Aug 2026

$5,489/mo

Est. mortgage payment based on a $825,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
26021782

Interior Features

Bedrooms
4
Cooling
Yes
Heating
Yes
Basement
No

Exterior Features

Lot Size
0.2 Acres

Courtesy of Maven Realty  

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Data last updated 9:07 PM UTC, 9/18/2026

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