For sale

$5,200,000

Est. $35,529/mo —

•

5,881

sq ft

162 Spring St, Charleston, SC 29403

About this home

Looking for that perfect investment property? Look no further than 162 Spring Street: a turnkey investment asset featuring twelve bedrooms, ten bathrooms, seven off-street parking spaces, and a triple-net-leased restaurant in the heart of Charleston's STR overlay. On pace for over $400,000 in gross revenue! Approximately 5,881 square feet across three separate buildings. All furniture and fixtures included in the sale . The property transfers with a proven rental revenue history and a sitting commercial tenant.The front building includes two, 2BR/2BA STR-licensed condos positioned behind a fully leased NNN commercial space. (Three units total)The middle building is a 4BR/3BA single-family home built in 2018.The perfect house to own downtown, that doesn't come with the deferred maintenance of a 100 year old historic home.The last building on the property is another 4BR/3BA home of matching construction vintage, equally equipped for short-term rental performance. Cannonborough-Elliotborough is the most-watched submarket on the peninsula -- Michelin-starred operators (Vern's, Chez Nous), independent retail along Spring and Upper King, and a guest demographic that skews higher-income and longer-stay than the City Market tourist corridor. The opportunity to acquire four fully licensed and operating short-term-rentals PLUS a restaurant space is a rare find here in Charleston.

Single-familyProperty Type

1880Year Built

9,583 sq ftLot Size

$884Price/Sq.Ft.

Listed by • Premier Realty

Listing updated: Jul 24, 2026 at 10:57am

Redfin checked: 2 minutes ago

•Source:Charleston Trident MLS #26014869

Payment calculator

$35,529 per month

Principal and interest$26,982

Property taxes

$5,384

HOA dues

Home insurance

$3,163

Utilities

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Open houses

No upcoming open houses.

Nearby open houses (10)

OPEN THU, 12:30PM TO 2PM3D WALKTHROUGH
$621,000
3 beds2.5 baths1,959 sq ft
1421 Tangles Trl, Charleston, SC 29492
OPEN FRI, 10AM TO 12PM
$1,025,000
3 beds3 baths2,186 sq ft
1222 Taliaferro Ave, Charleston, SC 29412
OPEN FRI, 4PM TO 6PM
$600,000
4 beds2.5 baths2,013 sq ft
346 Arlington Dr, Charleston, SC 29414
OPEN SAT, 11AM TO 1PM3D WALKTHROUGH
$690,000
4 beds2.5 baths3,001 sq ft
3360 Great Egret Dr, Johns Island, SC 29455
OPEN SAT, 11AM TO 2PM3D WALKTHROUGH
$1,199,000
4 beds2.5 baths1,987 sq ft
50 Rivers Point Row, Charleston, SC 29412
OPEN SAT, 11AM TO 1PM
$675,000
3 beds2.5 baths2,332 sq ft
1546 Moss Spring Rd, Mt Pleasant, SC 29466
OPEN SAT, 11AM TO 1PM
$640,000
3 beds2.5 baths2,382 sq ft
3090 Emma Ln, Mt Pleasant, SC 29466
OPEN SAT, 12PM TO 2PM
$327,500
4 beds2 baths1,313 sq ft
7667 Mendelwood Dr, North Charleston, SC 29418
OPEN SAT, 3PM TO 5PM3D WALKTHROUGH
$950,000
4 beds3 baths2,516 sq ft
1640 Fairway Place Ln, Mount Pleasant, SC 29464
REDFIN OPEN SUN, 11AM TO 1PM3D & VIDEO TOUR
$515,000
3 beds2 baths1,184 sq ft
996 Nabors Dr, Charleston, SC 29412

Around this home

Schools

K - 12
Preschool & daycare

Mitchell Elementary School

Public PreK-5 • Assigned • 0.4mi

2/10

Simmons Pinckney Middle School

Public 6-8 • Assigned • 0.3mi

4/10

Burke High School

Public 9-12 • Assigned • 0.3mi

1/10

Provided by GreatSchools

About Peninsula

West

Peninsula West, located between the Ashley River and the Crosstown (US-17), is a historic and waterfront Charleston neighborhood with a working-harbor edge and a pocket-park rhythm. The neighborhood’s character concentrates around the Spring Street corridor near the Ashley River bridges, where coffee counters, design studios, and small galleries share the sidewalks with marine and light-industrial backdrops. The Citadel anchors the streetscape with parade-ground formality and limestone facades, while Hampton Park’s broad lawns set a slower pace nearby. Cannonborough-Elliot’s restored single houses and porches blend into newer infill and converted warehouses. Bike lanes and short blocks link marinas, breweries, and the Medical District. Sunsets track the riverfront, with marsh views peeking between rooftops.

Provided by Walk Score and Local Logic

Market insights

162 Spring St · $5,200,000

DAYS ON MARKET

The average home goes pending in 69 days.

SALE-TO-LIST

Most homes are selling 2% below list price.

LIST PRICE

Median list price in this area is $743,020. (86% lower than this home)

PRICE DROP

21% of homes in this area have had a price drop in the past month.

Property details

Interior
Exterior
Finance

Kitchen

Bathroom

Bedroom

Living

Dining

Interior features
Ceiling fan(s)

Bedrooms
12 bedrooms

Bathrooms
10 bathrooms

Kitchen
Built-in electric oven
Electric cooktop
Electric range
Gas range
Range hood
Microwave
Dishwasher
Disposal
Refrigerator

Laundry & utility
Washer
Washer/dryer stacked
Dryer

Heating & cooling
Central heating
Electric heating
Natural gas heating

Sale and tax history for 162 Spring St

Sale History
Tax History

Date

Event

Price

Charleston Trident MLS #26014869

Jul 24, 2026

Price Changed

$5,200,000

$884/sq ft

May 22, 2026

Listed

$5,300,000

$901/sq ft

Charleston Trident MLS #25013975

Aug 14, 2025

Listing Removed

—

May 20, 2025

Listed

$2,500,000

$425/sq ft

Charleston Trident MLS #19029205

Dec 4, 2019

Sold

$2,975,000

$506/sq ft

Oct 24, 2019

Contingent

—

Oct 17, 2019

Listed

$3,100,000

$527/sq ft

+63

Investment opportunity in the heart of downtown Charleston. Legally permitted for short-term rentals and located in the short-term rental overlay district, this property boasts a total of 3 buildings with 5 units, 4 meters and 7 designated parking spaces. The first building was built in 1880 and includes a well-established eatery with a long-term lease in place and 2 units that can be separated (one on the first floor and one on the second) that both feature 2 beds/2 baths, updated kitchens and spacious living rooms.The additional 2 homes were built in 2018. They both feature metal roofs open floor plans with tons of natural light and great outdoor living space. Both of the recently built structures include expansive great rooms that flow into stunning kitchens complete with largeislands, subway tile backsplash and top-of-the line appliances. The first floors also include large master suites complete with outdoor access and luxurious en-suite bathrooms. The 2nd floors include 2 spacious bedrooms that share a jack-and-jill style bathroom and an upstairs master suite complete with private en-suite bathroom. This unique property has a great rental history and has potential to be a primary residence, investment property, or a mixture of both. A new buyer could enjoy living in one of the homes while having the rental income from the additional units to offset the costs making downtown living extremely affordable. Don't let this opportunity pass you by! Schedule a showing today!

Charleston Trident MLS #17011053

Jul 28, 2017

Sold

$1,585,000

$270/sq ft

Apr 27, 2017

Contingent

—

Apr 19, 2017

Listed

$1,634,000

$278/sq ft

Charleston Trident MLS #2907894

Feb 5, 2015

Listing Removed

—

Mar 18, 2009

Listed

$120,000

$20/sq ft

Charleston Trident MLS #2740920

Feb 5, 2015

Listing Removed

—

Dec 10, 2007

Listed

$175,000

$30/sq ft

Charleston Trident MLS #2505854

Feb 5, 2015

Listing Removed

—

Feb 20, 2005

Listed

$499,000

$85/sq ft

Charleston Trident MLS #2505861

Feb 5, 2015

Listing Removed

—

Feb 20, 2004

Listed

$499,000

$85/sq ft

Charleston Trident MLS #1328223

Nov 26, 2013

Listing Removed

—

Nov 6, 2013

Listed

$299,000

$51/sq ft

Charleston Trident MLS #2705542

Aug 16, 2007

Listing Removed

—

Feb 8, 2007

Listed

$175,000

$30/sq ft

Charleston Trident MLS #2531223

Apr 7, 2006

Sold

$390,000

$66/sq ft

Oct 16, 2005

Listed

$499,000

$85/sq ft

Charleston Trident MLS #2515972

Jul 26, 2005

Listing Removed

—

May 6, 2005

Listed

$425,000

$72/sq ft

Charleston Trident MLS #2515975

Jul 26, 2005

Listing Removed

—

May 6, 2005

Listed

$425,000

$72/sq ft

Charleston Trident MLS #2409991

Jul 10, 2004

Listing Removed

—

Apr 12, 2004

Listed

$350,000

$60/sq ft

Charleston Trident MLS #2409992

Jul 12, 2004

Listing Removed

—

Apr 12, 2004

Listed

$350,000

$60/sq ft

Charleston Trident MLS #2317347

Apr 6, 2004

Listing Removed

—

Jul 29, 2003

Listed

$450,000

$77/sq ft

Public record

Public record
Zoning
Permits

Beds

—

Baths

—

Stories

—

Lot width

30 ft.

Lot depth

159 ft.

Lot size

—

Year renovated

—

Finished Sq. Ft.

—

Unfinished Sq. Ft.

—

Total Sq. Ft.

—

Year built

—

Style

Condo/Co-op

County

Charleston County

APN

—

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Apr 13, 2023.

OLD CITY HEIGHTS DISTRICT - 2.5-3

OLD CITY DISTRICT

Limited Business District

The LB district is intended to provide for a limited variety of commercial uses and services associated with neighborhood retail, financial and office activities which are compatible with residential areas. The hours of operation for most permitted commercial uses are restricted to between 7 a.m. and 11 p.m. Gasoline service stations are permitted as a conditional use. Prohibited uses include, but are not limited to bars, liquor stores, car washes as a principal use, bowling alleys, billiard parlors, dance halls, restaurants with drive-thru service windows, and automobile sales.

Zone overlays

Short Term Rental Overlay Zone
Amusement and Recreation Services Overlay Zone
Old City District

Permitted uses

Include but are not limited to:

Agriculture
Bank
Hospital / medical center
Housing-Single unit
Housing-Multiple units
Housing-Student
Water cleansing/ storage /conveyance
Office
Medical office
Research & development

Jul 29, 2020 • Final

Electrical - single family/duplex dwelling - alteration or addition

Electrical

Jul 27, 2020 • Final

Electrical - single family/duplex dwelling - alteration or addition

Electrical

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.

Historical weather

Charleston, SC • 29403

Average low and high temperatures (°F)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

71/ 100

Good sunlight

Sunscore

There appears to be minimal shading by surrounding buildings, terrain, and vegetation.

7.5 hrs

4.8 hrs

JuneDecember

Provided by Shadowmap

Redfin Estimate for 162 Spring St

$4,896,714

$303K under list price of $5.20M

Nearby comparable homes

The Redfin Estimate uses 4 recent nearby sales, priced between $500K to $2.5M.

SOLD FEB 17, 2026
$2,450,000 Last sold price
4 beds3 baths4,074 sq ft
132 Spring St, Charleston, SC 29403
$283/sq ft
smaller lot
60 years newer
SOLD MAR 3, 2026
$825,000 Last sold price
3 beds2.5 baths1,058 sq ft
151 Spring St Unit A, Charleston, SC 29403
$104/sq ft
smaller lot
28 years older
SOLD MAY 1, 2026
$1,075,000 Last sold price
4 beds3 baths1,684 sq ft
24 Bee St Unit J & K, Charleston, SC 29403
$246/sq ft
90 years newer
SOLD JUN 18, 2026
$500,000 Last sold price
2 beds1 bath860 sq ft
5 Kracke St Unit A, Charleston, SC 29403
$303/sq ft
smaller lot
10 years newer

Rental earnings

Est. $2,296 per month, based on comparable rentals

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Ask a question

(703) 457-9627

Early Access listings

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EARLY ACCESSCOMPASS COMING SOON

$4,380,000

4 beds5 baths3,700 sq ft

Undisclosed address, Mount Pleasant, SC 29464

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New listings for sale in 29403

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NEW 22 HRS AGO3D WALKTHROUGH

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Details provided by Charleston Trident MLS and may not match the public record. Learn more.

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About this home

Payment calculator

See this home in person

Nearby open houses (10)

Around this home

Schools

Market insights

Property details

Sale and tax history for 162 Spring St

Public record

Historical weather

Sun exposure

Redfin Estimate for 162 Spring St

Early Access listings

Nearby similar homes

New listings for sale in 29403

More real estate resources