DOWNTOWN TRIPLEX, 1 BLOCK FROM EAST BAY BEHIND THE CIGAR FACTORY.This is an excellent opportunity to own an income-producing triplex in one of the hottest parts of the peninsula. Unit A features 2bd/1ba, but the current tenant is using the front bedroom as living room space. Unit b had a full interior renovation in 2019 and features 2b/2ba with vaulted ceilings, exposed heart pine beams, hardwood floors, gas range, central HVAC, W/D, custom tile, and marble counters. Unit C is a private, 1bd/1ba located in the back of the house. It has a private, fenced in yard and hardwood floors.
Multi-familyProperty Type
1890Year Built
3,049 sq ftLot Size
Listed by • Luxury Simplified Real Estate, INC
Bought with Reid Walker• Luxury Simplified Real Estate, INC
Don't miss your opportunity live in Downtown Charleston and have two other units help pay your mortgage. The location is great - across the street from the Cigar Factory, a few steps away from Trident Tech and a short walk to upper Meeting and King Street. Also get exercise by walking the Bridge which is literally steps away. Be on the cusp of owning property where new development is planned on the vacant land where the old Cooper River bridges came through town. This area will be filled with housing, shopping and commercial space. Revitalization is happening in all directions. This historic triplex is in good shape and fully rented at present. Unit A - 3 bedroom/1 bath - $1500, Unit B - 2 bedroom / 1 bath - $950 and Unit C - 1 bedroom / 1 bath - $900. Rents could be more, owner has notraised rent in a while. Beautiful antique heart of pine flooring in the front house in unit A&B. Both Unit A&B have stack washer/dryer, refrigerator, gas range dishwasher and microwave. Unit C has Refrigerator, gas range and microwave. The entire property was renovated in 2006 including all new HVAC and ductwork. The rear unit was upgraded again several years ago. There is room for 2-3 cars in the driveway. Each unit is separately metered - tenants pay their own utilities.
Public Records
Jun 23, 2006
Sold
$178,500
Year
Property tax
Land + Additions
Assessment*
2025
$13,502 (+92.5%)
$286,800 + $604,450
$891,250
2022
$7,015 (+1.2%)
2021
$6,930 (+0.7%)
2020
$6,880 (+35.0%)
2018
$5,097 (+2.3%)
2017
$4,983 (+3.3%)
2016
$4,825 (+1.0%)
2013
$4,776
Tax history for 117 Drake St Unit A, B, C
Year
Property tax
Land + Additions
Assessment*
2025
$13,502 (+92.5%)
$286,800 + $604,450
$891,250
2022
$7,015 (+1.2%)
2021
$6,930 (+0.7%)
2020
$6,880 (+35.0%)
2018
$5,097 (+2.3%)
2017
$4,983 (+3.3%)
2016
$4,825 (+1.0%)
2013
$4,776
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Public record
Zoning
Beds
4
Baths
4
Stories
2
Lot width
32 ft.
Lot depth
90 ft.
Lot size
2,880 Sq. Ft.
Year renovated
—
Sq. Ft.
1,961
Year built
1890
Style
Multi-Family (2-4 Unit)
County
Charleston County
APN
4590601035
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Oct 6, 2026.
DR-2F
OLD CITY HEIGHTS DISTRICT - 2.5-3
AR
SR CAT 2
Diverse Residential District
The DR districts allow multi-family residential (3 or more) dwellings and one-family attached dwellings as well as single- and two-family dwellings. Density limitations are 6.0, 9.0, 12.0, 19.4, 19.4, 26.4 and 26.4 units per acre respectively. Within the DR-1, DR-1F, DR-2, DR-2F districts, the Board of Zoning Appeals may approve as a special exception, fraternity houses, sorority houses, dormitories, and homes for the elderly.
Zone overlays
Amusement and Recreation Services Overlay Zone
Short Term Rental Overlay Zone - Category 2
Permitted uses
Include but are not limited to:
Housing-Single unit
Housing-Multiple units
Golf related
Property details
Parking
Parking & Garage Information
Open Parking: Yes
Interior
Interior Features
Appliances: Dishwasher, Washer/Dryer Stacked
Bathroom Information
Bathrooms Total Integer: 4
Bedroom Information
Bedrooms Total: 4
Heating & Cooling
Cooling: Central Air
Financial Information
Number Of Units Total: 3
Tenant Pays: All Utilities
Multi-Unit Information
Number Of Units Total: 3
Exterior
Exterior Features
Roof: Asphalt
Property Type
Residential Income
Property Information
Property Type: Residential Income
Building Information
Structure Type: Triplex
Subdivision Information
Subdivision Name: Eastside
Financial
Tax Information
Tax District: 71 - City of Charleston
Tax Legal Description: 117 DRAKE ST
Tax Map Number: 4590601035
Utilities
Utility Information
Public Sewer
Utilities: Charleston Water Service, Dominion Energy
Location
School Information
Elementary School: Sanders Clyde
Middle Or Junior School: Simmons Pinckney
High School: Burke
Neighborhood Information
Subdivision Name: Eastside
MLS Area Major: 51 - Peninsula Charleston Inside of Crosstown
Public facts
Beds: 4
Baths: 4.0
Sq. Ft.: 1,961
Stories: 2.0
Lot Size: 2,880 square feet
Style: Multi-Family (2-4 Unit)
Year Built: 1890
Year Renovated: —
County: Charleston County
APN: 4590601035
Home facts updated by county records on Oct 6, 2026