A great opportunity to step into an existing business with continual cash flow that has bookings into 2021. The 196 Rutledge Avenue Inn, circa 1910, has been operating since 2011. We invite you to review for yourself over 800-5 star reviews of our rental history. The main house was renovated down to the studs in 2008. All electric, plumbing, and HVAC were updated at that time. A ''cottage'' was built at 194 Rutledge Avenue in 2008, beside the main house. There is off-street parking for 8 cars. The main house boasts high ceiling with original molding and mahogany inlaid wood floors. Units A and B have spacious open-concepts, measuring over 1350 sq. ft with two large bedrooms and two and a half bathrooms. Units C & D are 800 sq.ft each and feature 1BR/1BA. Agent is part owner.The cottage is approximately 1550 sq.ft. It is a 2 story single unit that has 2BR/2.5BA. It has a private fenced front yard that a gorgeous grand magnolia tree that provides wonderful shade for your afternoon tea or cocktails. The cottage is setback from Rutledge Avenue which provide a quiet and private setting that can be unique to an urban setting. Other features: Carrara marble countertops throughout cover custom cabinets in the kitchens and bathroom vanities. High-end stainless steel appliances featuring some built-in refrigerators, duel-fuel ranges with electric convection ovens, large under-mount sinks, and Bosch dishwashers. All units have washer and dryers. Don't miss out on an excellent opportunity to own a piece of Historic Charleston.
PROPERTY IS CURRENTLY RENTED AND HAS AN EXCELLENT RENTAL HISTORY WITH TENANTS PAYING ALL UTILITIES. THIS DUPLEX WAS RENOVATED IN 1999 FOR STUDENT OCCUPANCY AND CENTRAL HEAT AND AIR WERE ADDED AT THAT TIME. THIS FINE HOUSE COULD ALSO SERVE AS A WONDERFUL OWNER OCCUPIED PROPERTY OR A POSSIBLE CONDOMINIUM CONVERSION PROJECT. OFF STREET PARKING IS MORE THAN AMPLE AND THE SIDE YARD OFFERS THE POTENTIAL FOR A SPACIOUS GARDEN. WROUGHT IRON FENCING FRAMES THE FRONT. CLICK ON PICTURE FOR FLOOR PLAN AND SITE LAYOUT. CONTRACT CONTINGENT ON FINANCING & INSPECTIONS
Public Records
Jan 27, 1999
Sold
$310,000
$51/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$47,622 (+7.6%)
$862,500 + $2,357,500
$3,220,000
2022
$44,261 (+371.1%)
$750,000 + $2,050,000
$2,800,000
2021
$9,396 (−61.4%)
2020
$24,317 (+12.3%)
2018
$21,649 (−14.9%)
2017
$25,434 (+3.4%)
2016
$24,600 (+22.2%)
2013
$20,125
Tax history for 196 Rutledge Ave
Year
Property tax
Land + Additions
Assessment*
2025
$47,622 (+7.6%)
$862,500 + $2,357,500
$3,220,000
2022
$44,261 (+371.1%)
$750,000 + $2,050,000
$2,800,000
2021
$9,396 (−61.4%)
2020
$24,317 (+12.3%)
2018
$21,649 (−14.9%)
2017
$25,434 (+3.4%)
2016
$24,600 (+22.2%)
2013
$20,125
*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
Permits
Beds
6
Baths
7
Stories
2
Lot width
59 ft.
Lot depth
145 ft.
Lot size
8,555 Sq. Ft.
Year renovated
—
Sq. Ft.
4,470
Year built
1910
Style
Multi-Family (2-4 Unit)
County
Charleston County
APN
4601502063
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Aug 14, 2026.
DR-2F
OLD CITY HEIGHTS DISTRICT - 2.5-3
AR
OLD CITY DISTRICT
ST
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
Old City District
Short Term Rental Overlay Zone
Permitted uses
Include but are not limited to:
Housing-Single unit
Housing-Multiple units
Golf related
Aug 21, 2023 • Final
Permit - building, multi-family alteration
Perform exterior wood repairs and touch-up painting. No structural or design changes are included.
Remodel
Jul 5, 2022 • Final
Permit - building, multi-family alteration
Remodel
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.