1221 Sumner Avenue, A,B,C,D,E, North Charleston, SC 29406

$825,000

Property Type: Commercial Sale Square Footage: 2,000 Status: Active

Current Price: $825,000 List Date: 10/13/2026 Last Modified: 10/13/2026

Overview

Description

Don't miss your chance to purchase this turnkey 5-unit multifamily investment at 1221 Sumner Avenue in North Charleston. The offering includes five one-bedroom, one-bathroom units. The property features a stabilized rental profile with a blend of three long-term rental units and two short-term rental units, allowing investors to benefit from diversified income streams and operational optionality. All units are fully leased, and the short-term rental units have an established operating history, supporting immediate cash flow. The asset underwent a comprehensive renovation on Units C, D, and E in 2024 (the other two were renovated recently before current owner purchased, ~2022 and recently refreshed 2026), including significant capital improvements to electrical, plumbing, HVAC systems, and hot water heaters, along with full cosmetic updates. Renovations include new LVP flooring, drywall, quartz countertops, tile showers, stainless steel appliances, updated cabinetry, modern fixtures, fr ... (Read more) Don't miss your chance to purchase this turnkey 5-unit multifamily investment at 1221 Sumner Avenue in North Charleston. The offering includes five one-bedroom, one-bathroom units. The property features a stabilized rental profile with a blend of three long-term rental units and two short-term rental units, allowing investors to benefit from diversified income streams and operational optionality. All units are fully leased, and the short-term rental units have an established operating history, supporting immediate cash flow. The asset underwent a comprehensive renovation on Units C, D, and E in 2024 (the other two were renovated recently before current owner purchased, ~2022 and recently refreshed 2026), including significant capital improvements to electrical, plumbing, HVAC systems, and hot water heaters, along with full cosmetic updates. Renovations include new LVP flooring, drywall, quartz countertops, tile showers, stainless steel appliances, updated cabinetry, modern fixtures, fresh interior and exterior paint, and landscaping, positioning the property as a low-maintenance, turnkey investment. The building features concrete block construction, shingle roof, Romex wiring, and PVC/PEX plumbing. The property is located in Flood Zone X (minimal flood risk) and sits on a large lot. Ideally located just minutes from Park Circle, this Sumner 5-plex benefits from proximity to walkable dining, breweries, and neighborhood retail, along with convenient access to Rivers Avenue (US-52), I-526, and I-26, providing efficient connectivity to Downtown Charleston, Daniel Island, and the greater Charleston MSA. Major nearby employment centers include Boeing, Joint Base Charleston, Mercedes-Benz Vans, Charleston International Airport, and the rapidly expanding Naval Yard redevelopment corridor. This property represents a rare small-multifamily opportunity combining stabilized occupancy, renovated core systems, and diversified rental income in a supply-constrained market. With no heavy repositioning required, the property is well suited for investors seeking immediate income, operational ease, and durable long-term value. Some seller financing may be considered from seller equity, there is a mortgage on the property. An LLC purchase will be considered as a way to transfer STR permits. Seller will consider pricing incentives for clean, non-seller-financed transactions with strong terms. Other recent updates: Unit A - New mini split (2026) repaint, pressure wash, door stain, new sun shades, new bath fixtures and other assorted updates. Unit B - Similar maintenance and updates completed Aug 2026.

Listing Details MLS# 31009667

Location

Street Number: 1221
Street Name: Sumner
Street Suffix: Avenue
Unit Number: A,B,C,D,E
County: Charleston
Nearest MSA: Charleston-North Charleston, SC
Submarket/Township: 32 - N.Charleston, Summerville, Ladson, Outside I-526
State or Province: SC
Postal Code: 29406
Parcel Number: 4710300021
Opportunity Zone: No

General Information

Property Sub Type: Multi Family
Listing Name: Sumner Five
Property Condition: Updated/Remodeled
Number of Units Total: 5
Building Area Total: 2000
LEED Certified: No
Zoning: City of North Charleston - R-1 - Single Family Residential
Property Visibility: Good
List Price/SqFt: 412.5
Opt In to Crexi?: Yes

Contract Information

Listing Contract Date: 2026-10-13
Original List Price: 825000
Tax Legal Description: Lt 24 Of 2 Blk 2

Building Related

Percent Occupied: 100
General Condition: Good
Stories Total: Yes
Year Built: 1973
Year Renovated: 2024
Parking Total: 12
Number Of Buildings: Yes

Land Related

In Flood Plain?: No

Status Change Info

Status Change Date: 2026-10-13

More Information

Auction Details

Auction: No

Area and Location

Airports: 5 Miles
Highway Access: 1 mile

Directions & Remarks

Directions: Continue on N Rhett Ave/State Rd S-10-60. Drive to State Rd S-10-282/Sumner Ave 2 min (0.5 mi) Use the left lane to turn left onto N Rhett Ave/State Rd S-10-60 0.4 mi Turn left onto State Rd S-10-282/Sumner Ave Destination will be on the left
Public Remarks: Don't miss your chance to purchase this turnkey 5-unit multifamily investment at 1221 Sumner Avenue in North Charleston. The offering includes five one-bedroom, one-bathroom units. The property features a stabilized rental profile with a blend of three long-term rental units and two short-term rental units, allowing investors to benefit from diversified income streams and operational optionality. All units are fully leased, and the short-term rental units have an established operating history, supporting immediate cash flow. The asset underwent a comprehensive renovation on Units C, D, and E in 2024 (the other two were renovated recently before current owner purchased, ~2022 and recently refreshed 2026), including significant capital improvements to electrical, plumbing, HVAC systems, and hot water heaters, along with full cosmetic updates. Renovations include new LVP flooring, drywall, quartz countertops, tile showers, stainless steel appliances, updated cabinetry, modern fixtures, fresh interior and exterior paint, and landscaping, positioning the property as a low-maintenance, turnkey investment. The building features concrete block construction, shingle roof, Romex wiring, and PVC/PEX plumbing. The property is located in Flood Zone X (minimal flood risk) and sits on a large lot. Ideally located just minutes from Park Circle, this Sumner 5-plex benefits from proximity to walkable dining, breweries, and neighborhood retail, along with convenient access to Rivers Avenue (US-52), I-526, and I-26, providing efficient connectivity to Downtown Charleston, Daniel Island, and the greater Charleston MSA. Major nearby employment centers include Boeing, Joint Base Charleston, Mercedes-Benz Vans, Charleston International Airport, and the rapidly expanding Naval Yard redevelopment corridor. This property represents a rare small-multifamily opportunity combining stabilized occupancy, renovated core systems, and diversified rental income in a supply-constrained market. With no heavy repositioning required, the property is well suited for investors seeking immediate income, operational ease, and durable long-term value. Some seller financing may be considered from seller equity, there is a mortgage on the property. An LLC purchase will be considered as a way to transfer STR permits. Seller will consider pricing incentives for clean, non-seller-financed transactions with strong terms. Other recent updates: Unit A - New mini split (2026) repaint, pressure wash, door stain, new sun shades, new bath fixtures and other assorted updates. Unit B - Similar maintenance and updates completed Aug 2026.

Property Sub Type

Multi Family: Yes

Roof

Shingle: Yes

Current Use

Multi-Family: Yes
Residential: Yes

Structure Type

Multi Family: Yes

Construction Materials

Concrete: Yes
Stucco: Yes

Parking Type

Surface: Yes

Heating

Ductless: Yes
Electric: Yes

Cooling

Ductless: Yes
Electric: Yes

Internet Access

Cable: Yes
Satellite: Yes

Lot Features

Level: Yes

Road Frontage Type

City Street: Yes

Road Surface Type

Asphalt: Yes

Water Source

Public: Yes

Sewer

Public Sewer: Yes

Listing Terms

Owner May Carry: Yes

Property Features

Property Sub Type: Multi Family Current Use: Multi-Family; Residential Structure Type: Multi Family Roof: Shingle Construction Materials: Concrete; Stucco Parking Type: Surface Heating: Ductless; Electric Cooling: Ductless; Electric Internet Access: Cable; Satellite Lot Features: Level Road Frontage Type: City Street Road Surface Type: Asphalt Water Source: Public Sewer: Public Sewer Listing Terms: Owner May Carry

Documents

Flyer ›

Listing Office: Maven Realty

Last Updated: October - 13 - 2026

Properties marked with IDX logo are provided courtesy of South Carolina Commercial Multiple Listing Service, Inc. The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the South Carolina Commercial Multiple Listing Service. Real estate listings held by brokerage firms other than the website owner are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo and detailed information about them includes the name of the listing brokers. The broker providing this data believes it to be correct, but advises interested parties to confirm them before relying on them in a purchase decision. Information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

1221 Sumner Avenue, A,B,C,D,E, North Charleston, SC 29406 (MLS# 31009667)