SC > Charleston
Charleston, SC 29403,94 Morris St #A, B, C, D
Charleston, SC 29403,94 Morris St #A, B, C, D
Charleston, SC 29403,94 Morris St #A, B, C, D
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Harrison Baker

Harrison Baker

+1(843) 494-4076
Listed by   On The Coast Realty LLC
$2,350,000
Est. payment /mo
10 Beds
3,508 SqFt
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UPDATED:

Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Square Footage 3,508 sqft

Price per Sqft $669

MLS Listing ID 25026215

Bedrooms 10

Year Built 1852

Lot Size 5,662 Sqft

Acres 0.13

Property Sub-Type Quadruplex

Property Description

94 Morris Street is a rare four-unit investment opportunity in downtown Charleston, just one block from MUSC and three blocks from the College of Charleston. The property offers a going-in cap rate of 6.2%, a gross rent multiplier of ~13x, and room for rent growth both organically and by way of enclosing the porch.Fully leased through July 2026, it offers investors immediate stability and consistent demand from students, medical professionals, and young professionals. The property features 10 bedrooms and 5 bathrooms across four units, with an uncommon downtown amenity: on-site parking for 10 cars. One unit also includes an enclosed porch that could be converted into an additional bedroom, creating future value.With King Street dining, shopping, and entertainment just steps away, this is a turnkey investment in one of Charleston's most desirable neighborhoods.

Beyond its prime location and stable leases, this property showcases excellent management and a strong rental history. The surrounding neighborhood blends historic charm with modern convenience, making it especially attractive for long-term tenants. Investors will appreciate the low-maintenance condition and value-add potential, whether through reconfiguration of existing space or maximizing parking income.

Opportunities like this rarely become available in Charleston's downtown market94 Morris Street delivers both immediate returns and room for future growth.

Location

State SC

County Charleston

Area 51 - Peninsula Charleston Inside Of Crosstown

Interior

Heating Central

Cooling Central Air

Exterior

Parking Features Other

Utilities Available Charleston Water Service, Dominion Energy

Roof Type Metal

Building

Dwelling Type Quadruplex

Story 2

Foundation Crawl Space

Sewer Public Sewer

Water Public

Structure Type Wood Siding

New Construction No

Schools

Elementary Schools Memminger

Middle Schools Simmons Pinckney

High Schools Burke

Others

Acceptable Financing Lease Purchase, Any

Listing Terms Lease Purchase, Any

Financing Lease Purchase,Any

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Harrison Baker

Harrison Baker

+1(843) 494-4076

Agent w/The Baker Group | License ID: 11134

Agent w/The Baker Group License ID: 11134

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