112 Rutledge Avenue presents a rare opportunity to acquire a beautifully renovated, mixed-use investment property in the heart of Harleston Village. Positioned in one of Charleston's most sought-after neighborhoods, this asset offers a strong blend of stable income and future upside. The ground-floor medical office space is secured by a long-term lease through December 2029 at attractive market rates, providing consistent and reliable cash flow. Above, the second and third floors feature three residential units totaling nine bedrooms and four bathrooms. The residential component is nearly fully leased, with one recently renovated unit (Unit D) currently available--ideal for an owner-occupant or to be leased at market rates to further enhance income. There are ten (10) dedicated parking spa112 Rutledge Avenue presents a rare opportunity to acquire a beautifully renovated, mixed-use investment property in the heart of Harleston Village. Positioned in one of Charleston's most sought-after neighborhoods, this asset offers a strong blend of stable income and future upside. The ground-floor medical office space is secured by a long-term lease through December 2029 at attractive market rates, providing consistent and reliable cash flow. Above, the second and third floors feature three residential units totaling nine bedrooms and four bathrooms. The residential component is nearly fully leased, with one recently renovated unit (Unit D) currently available--ideal for an owner-occupant or to be leased at market rates to further enhance income. There are ten (10) dedicated parking spaces, a highly desirable amenity in this area. Six spaces are leased to the medical office tenant, while the remaining four are allocated to the residential units, generating additional rental income. Excellent Downtown Charleston location in the Historic District and adjacent to the hospital district, walking distance to the College of Charleston, Medical University of South Carolina and many retail sites. With recent renovations, strong in-place income, and the flexibility of a vacant unit, 112 Rutledge Avenue offers investors a compelling, turnkey opportunity in a premier location. TMS #: 457-03-02-120, 457-03-02-162, 457-03-02-163, 457-03-02-165, 457-03-02-165.
Harleston Village, located between Broad Street and the Ashley River, is a historic and residential Charleston neighborhood with a leafy streetscape and a waterfront edge. The neighborhood’s character concentrates around Colonial Lake and the Meeting Street corridor, where joggers circle the water beside porch-lined blocks and small cafes. The Battery and White Point Garden frame the southern end with grand piazza houses and harbor views. The Charleston Music Hall and the Gaillard Center add a cultural pulse near the northern edge. Brick sidewalks, wrought-iron gates, and deep setbacks define the architecture. Parks and water views shape a walk-first rhythm.
Provided by Walk Score and Local Logic
Market insights
112 Rutledge Ave · $2,895,000
DAYS ON MARKET
77 days
The average home goes pending in 69 days.
SALE-TO-LIST
97.7%
Most homes are selling 2% below list price.
LIST PRICE
$2,895,000
Median list price in this area is $743,313. (74% lower than this home)
PRICE DROP
0 price drops
21% of homes in this area have had a price drop in the past month.
Property details
Interior
Exterior
Finance
Kitchen
Bathroom
Bedroom
Living
Interior features
Ceiling fans
Kitchen
Built-in electric oven
Electric cooktop
Dishwasher
Disposal
Laundry & utility
Washer
Dryer
Heating & cooling
Electric heating
Exterior features
Located in Harleston Village
No other structures on the property
Home design
Single-family detached residential income property
Utilities
Public sewer
HOA & community
Association fee of 3800 paid annually
Financial info
Four total residential units (income property)
Electricity and solar
View estimated energy costs and solar savings for this home
As the MLS and public records start to fill up, we'll list the details here.
Public record
Public record
Zoning
Permits
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Style
Multi-Family (2-4 Unit)
County
Charleston County
APN
4570302120
Parking Spaces
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Last updated by owner on Jun 24, 2023.
STR
OLD AND HISTORIC DISTRICT
OLD CITY HEIGHTS DISTRICT - 3
AR
SR CAT 1
Single- and Two-family Residential District
The STR district allows single-and two-family dwellings and all uses permitted in the SR districts. The minimum lot size for a two-family dwelling is 9,000 sq ft for a maximum density of 7.3 units per acre.
Zone overlays
Old and Historic District
Old City Heights District 3
Amusement and Recreation Services Overlay Zone
Residential Short Term Rental - Category 1
Permitted uses
Include but are not limited to:
Housing-Single unit
Housing-Multiple units
Golf related
Feb 26, 2026 • Final
Encroachment permit (eng) - signs
Electrical
May 14, 2025 • Final
Plumbing - single family/duplex dwelling - alteration or addition
Cap plumbing lines and perform plumbing work in the bathroom. Perform work on the sump pump.
Plumbing
Permit history is from public records and may be incomplete or inaccurate. Redfin and its agents make no representations about the property condition or permit status. Buyers should independently verify all information.
Climate risks
10/10 Flood Factor
Estimated 80%+ chance of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
10/10 Heat Factor
7 days above 105° expected this year, 19 days in 30 years
9/10 Wind Factor
99% chance of strong winds in next 30 years
3/10 Air Factor
3 unhealthy days expected this year, 3 days in 30 years
Provided by First Street
Historical weather
Charleston, SC • 29401
Average low and high temperatures (°F)
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40
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46
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69
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46
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Sun exposure
81/ 100
Very good sunlight
Sunscore
There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
7.7 hrs
5.3 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 112 Rutledge Ave
$2,766,866
$128K under list price of $2.90M
Nearby comparable homes
The Redfin Estimate uses 5 recent nearby sales, priced between $1.6M to $5.5M.