Thought you couldn't afford to live downtown? Think again... this an incredible investment opportunity! Beautiful four-unit converted Charleston single home in the increasingly popular Eastside neighborhood of Charleston. Built in 1890, yet updated between 2010-2012 as part of an owner-occupied renovation. Complex has two, 3bed/1bath units, one, 2 bed/1 bath unit and one 1 bed/1 ba unit on an extremely low maintenance lot with rents that far exceed mortgage. This neighborhood is rapidly increasing in value, with renovations at every turn, including the beautiful Cigar Factory conversion to luxury lofts. Location is superb for downtown or Mount Pleasant commuting at the foot of the Ravenel bridge, adjacent to the Saint Julian Divine Community Center (Gym membership for $25 ANNUALLY!).Zero days of vacancy due to popular location near the College of Charleston, Charleston School of Law, Trident Tech and the Medical University of South Carolina. Currently flood insurance is not required as this is one of the highest elevations on the peninsula.
Multi-familyProperty Type
1890Year Built
2,880 sq ftLot Size
$473Price/Sq.Ft.
Listed by • Carolina One Real Estate
Bought with Josiah Williams• Keller Williams Realty Charleston
Source:Charleston Trident MLS #1325293
Redfin Estimate
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*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Zoning and permits
Zoning
Permits
DR-2F
AR
OLD CITY HEIGHTS DISTRICT - 2.5-3
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
Aug 5, 2020 • Final
Permit - roofing, residential alteration/repair
Roofing
Mar 11, 2020 • Final
Engineering permit (row) - private
Replace the roof on a residential building. Block off the sidewalk to protect pedestrians from falling debris.
Grading
Roofing
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.
Property details
Interior
Heating & Cooling
Heating Type: Space
Exterior
Exterior Information
Building Type: Apartment
Property Information
Subdivision Name: 119 DRAKE ST
Gross Sq. Ft: 1,152
Ground Floor Sq. Ft: 1,152
Building Sq. Ft: 1,152
# of Units: 4
# of Stories: 1
Legal Description: SUBDIVISION NAME -119 DRAKE ST DESCRIPTION -LT 4 PLATSUFFIX C-6 POLTWP 004
Lot Information
# of Buildings: 2
Land Sq. Ft: 2,880
Legal Lot Number: 4
Municipality Name: CITY OF CHARLESTON
Acres: 0.0661
Depth Footage: 90
Front Footage: 32
County Use Description: SPCLTY-SMA
Financial
Assessor Information
Assessment Year: 2025
Tax District County: CITY OF CHARLESTON
Public facts
Beds: —
Baths: —
Sq. Ft.: 1,152
Stories: 1.0
Lot Size: 2,880 square feet
Style: Multi-Family (5+ Unit)
Year Built: 1890
Year Renovated: 1971
County: Charleston County
APN: 4590601034
Home facts updated by county records on Oct 30, 2026
Around this home
Schools
K - 12
Preschool & daycare
Sanders-Clyde Elementary School
Public PreK-5 • Assigned • 0.2mi
7/10
Simmons Pinckney Middle School
Public 6-8 • Assigned • 1.1mi
4/10
Burke High School
Public 9-12 • Assigned • 1.1mi
1/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
6/10 Flood Factor
Estimated 70-78% 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 • 29403
Average low and high temperatures (°F)
56
38
63
45
72
53
78
62
82
69
89
75
92
79
85
74
83
69
73
60
71
54
61
44
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
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Sun exposure
In this area, properties receive around 9.2 hours in
June and 5.5 hours in December, placing it above the
U.S. average for solar exposure.