Welcome to this 3-bed, 3-bath short term rental in a prime location. Value add opportunity to add a pool for 30% revenue increase, pool plans in documents. Recently renovated in 2021 with exquisite finishes, this home boasts a seamless blend of elegance & comfort. The great room offers plenty of natural light, creating an inviting atmosphere for gatherings & relaxation. The bedrooms are private havens, each with its own en-suite bathroom, offering comfort and convenience to guests. Outside, discover a beautifully hardscaped driveway & patio area adorned with a gas fire pit, and serene palm trees. This property is perfectly positioned for short-term rental opportunities and the luxury furniture and decor are included, making this a turnkey investment opportunity not to be missed!
Single-familyProperty Type
1872Year Built
2,178 sq ftLot Size
$1,478Est. Price/Sq.Ft.
Listed by • Keller Williams Realty Charleston West Ashley
Bought with Kristie Potts• Smith Spencer Real Estate
This single family property has undergone extensive renovations in 2021, transformed with luxury finishes throughout. The meticulous property offers a spacious & tranquil great room, filled with natural light. Bedrooms & en-suite baths are private & comfortable. Outside you will find a beautifully hardscaped driveway and patio with a hot tub, gas fire pit and new palm trees in the back. Located in the short term overlay and zoned CT, this property is legally zoned for short term rentals allowing you to maximize rental income while acquiring favorable debt. Brand new luxury furniture and decor (*small exclusion list*) to convey.
Public Records
Apr 26, 2021
Sold
$375,000
$383/sq ft
Charleston Trident MLS #21003614
Feb 22, 2021
Sold
$375,000
$383/sq ft
Feb 11, 2021
Contingent
—
Feb 10, 2021
Listed
$275,000
$281/sq ft
+7
Multiple Offers received. No more showings. Great opportunity to make the right investment at the right time . Located in the short term rental overlay. Elevation certificate in hand. Seller has never occupied this home.
Year
Property tax
Land + Additions
Assessment*
2025
$15,464 (+239.4%)
$345,000 + $690,000
$1,035,000
2022
$4,557 (+15.9%)
2021
$3,932 (+0.7%)
2020
$3,904 (+2.8%)
$175,000 + $70,000
$245,000
2018
$3,799 (+2.3%)
2017
$3,713 (+3.3%)
2016
$3,593 (+21.3%)
2013
$2,962
Tax history for 40 Morris St
Year
Property tax
Land + Additions
Assessment*
2025
$15,464 (+239.4%)
$345,000 + $690,000
$1,035,000
2022
$4,557 (+15.9%)
2021
$3,932 (+0.7%)
2020
$3,904 (+2.8%)
$175,000 + $70,000
$245,000
2018
$3,799 (+2.3%)
2017
$3,713 (+3.3%)
2016
$3,593 (+21.3%)
2013
$2,962
*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
3
Baths
3
Stories
1
Lot width
27 ft.
Lot depth
77 ft.
Lot size
2,079 Sq. Ft.
Year renovated
—
Sq. Ft.
838
Year built
1872
Style
Single Family Residential
County
Charleston County
APN
4601201079
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Oct 30, 2026.
CT
OLD CITY HEIGHTS DISTRICT - 2.5-3
OLD CITY DISTRICT
AR
ST
Commercial Transitional District
The CT District is intended to protect, preserve and enhance residential areas while allowing commercial uses which are compatible with the adjacent residential areas. In addition to allowing a limited number of commercial uses, the size and hours of operation of certain uses are restricted.
Zone overlays
Old City District
Amusement and Recreation Services Overlay Zone
Short Term Rental Overlay Zone
Permitted uses
Include but are not limited to:
Religious facility
Housing-Single unit
Housing-Multiple units
Water cleansing/ storage /conveyance
Educational/school
Library
Golf related
Cemetery
Mar 2, 2026 • Final
Permit - roofing, residential alteration/repair
Apply a light gray full coating system to the roof.
Roofing
Mar 15, 2022 • Final
Fuel gas - single family/duplex dwelling - alteration or addition
Perform a gas safety inspection.
Gas
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.